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Banking and Finance

Aurubis Announces New CEO and Leadership Changes

Germany's Aurubis has appointed Toralf Haag as its new CEO, starting September 1. Additionally, Tim Kurth, currently Managing Director of the company's Bulgarian branch, will become the Chief Operations Officer for custom smelting, according to a statement released on Thursday. As of 1444 GMT, Aurubis shares had risen by 4.67%,...
Banking and FinanceTech and Innovation

Wealthiest Individual in Africa, Aliko Dangote, Announces Ambitious Plans for Nigerian Steel Production

Aliko Dangote, founder of the Dangote Group and Africa's richest man, has announced plans to establish a major steel production company. This development was revealed during his speech on Wednesday at the Afreximbank Annual Meetings (AAN) and AfriCaribbean Trade & Investment Forum in Nassau. Dangote emphasized the importance of domestic...
Nvidia
Banking and FinanceTech and Innovation

NVIDIA to Become World’s Second Most Valuable Public Company Surpassing Apple

NVIDIA, a leader in the AI chip industry, has surged past Apple to become the second most valuable publicly traded company globally, achieving a market capitalization exceeding $3 trillion. This milestone, recorded on June 6, 2024, positions NVIDIA right behind Microsoft. The company's meteoric growth in market value has elevated...
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