Year: 2019

Online retailer Jumia Technologies , often called “the Amazon of Africa”, said it had suspended its e-commerce platform activities in Cameroon on Monday because it was not suitable for the country. “Based on our review, we came to the conclusion that our transactional portal as it is run today is not suitable to the current context in Cameroon,” the company said in a statement, adding that its e-commerce operations there had been suspended. Founded in 2012 by two French former McKinsey consultants, Jumia has grown quickly to become Africa’s leading e-commerce firm, operating in more than a dozen …read more […]

Gulf airlines Emirates and Air Arabia spent a combined $30 billion at list prices on Airbus jetliners as the Dubai Airshow burst into life on Monday, while Boeing won a symbolic first official order for the 737 MAX since its grounding in March. Emirates threw its weight behind the Airbus A350 with an expanded order for 50 jets worth $16 billion, but shelved plans to order the slightly smaller A330neo as the Middle East’s largest carrier embarked on a more diversified fleet structure. …read more […]

Big names were busy buying Berkshire last quarter Continue reading… …read more […]

Shareholders in Village Farms International, Inc. (TSE:VFF) had a terrible week, as shares crashed 23% to CA$8.31 in… …read more […]

A look at what Pabrai was buying in the most recent quarter Continue reading… …read more […]

Last week, you might have seen that Twin River Worldwide Holdings, Inc. (NYSE:TRWH) released its quarterly result to… …read more […]

The guru’s largest new holding is a REIT Continue reading… …read more […]

The well-known head of the T-Mobile, John Legere, will step down next year on April 30. The day after, he’ll be replaced by Mike Sievert, who is currently president and COO of the company. Yahoo Finance’s Dan Roberts, Julia La Roche and Brian Cheung discuss on YFi AM. …read more […]

Amid the worldwide grounding of the Boeing 737 MAX jets, the head of the FAA is now considering major changes to the way the FAA certifies airplanes. FAA administrator Stephen Dickson, a former commercial airline pilot himself, talked about the potential changes in an interview with The Wall Street Journal. This comes just after Boeing said that it’s now up to regulators to determine when the Boeing 737 MAX can return to flight. Yahoo Finance’s Alexis Keenan breaks it all down. …read more […]