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Monday, August 10, 2020

Oil crash: How Saudi Arabia started a global crude price war

by Anjli Raval and David Sheppard in London Oil prices crashed by as much as 30 per cent after Saudi Arabia fired the first shots in a price war, in crude’s biggest one-day fall since the early 1990s Gulf war. Riyadh’s threat to discount its crude...

Explainer: Coronavirus reappears in discharged patients, raising questions in containment fight

David Stanway, Kate Kelland SHANGHAI/LONDON (Reuters) - A growing number of discharged coronavirus patients in China and elsewhere are testing positive after recovering, sometimes weeks after being allowed to leave the hospital, which could make the epidemic harder to eradicate. On Wednesday, the Osaka prefectural...

EXPLAINER: Why Nigeria may be included into Trump’s Latest Muslim Ban

Nigerians home and Abroad reacted widely with the recent news of United States President Donald John Trump reviewing a Homeland Security Department recommendation that at least some of the visa restrictions be expanded to include Tanzania, Belarus, Eritrea, Kyrgyzstan, Myanmar, Nigeria and Sudan, Bloomberg...

The paradox of America First

Donald Trump’s nationalism makes him amazingly easy to provoke into conflict Janan Ganesh Donald Trump is a deceptively conventional US president of the 21st century. Elected to unpick his nation’s entanglements in the Middle East, he has served to deepen and extend...

Silicon Valley Seasteaders Go Looking for Low-Tax Sites on Land

The Hottest New Thing in Seasteading Is Land Patri Friedman started Pronomos Capital, with more money from Peter Thiel, to establish mini-city-states. By Lizette Chapman Patri Friedman is sick of the jokes about floating tax havens. About a decade ago, the former Google software engineer (and...

Travis Kalanick and the four paths of ousted tech founders

KEY POINTS Travis Kalanick could stage a remarkable comeback like Steve Jobs, have a strong second act like Marc Andreessen, or become an eccentric billionaire like Paul Allen. But like most entrepreneurs — and most people — he probably had one big break, and...

The other side of Chinese investment in Africa

Beyond the Belt and Road infrastructure projects, thousands of entrepreneurs from China are also setting up on the continent Wilson Wu has big plans for the free trade zone he manages in Igbesa, a scruffy town in Ogun State, some 60km from the frenzy of...

What Silicon Valley Hatched Companies needs to know about Africa tech startups

Africa-focused financial technology startups are, by far, the tech rave of the moment. In each of the last three years, startups in the sector have received more investment than other sectors – and there’s a basis for this. Across the continent, fintech isn’t so much...

As John Legree quits T-Mobile, what’s his parting legacy

When John Legere Leaves, Say Goodbye to the Old T-Mobile Buying Sprint — the departing CEO's last act — flies in the face of his legacy of fostering low prices and innovation. By Tara Lachapelle I’m not sure which is the bigger question: What is T-Mobile...

Future of Work: The Rise of the SHEconomy

Media and social focus on gender diversity, the male-female wage gap and women's role in the workplace has rightly been a key topic in 2019. Corporates and investors are paying attention.
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