Business

German automaker BMW has been slammed with an $18 million fine for allegedly inflating its sales figures while raising billions of dollars from investors.   The Munich-based company’s North American unit inflated US sales numbers from 2015 to 2019 to ...

                                                  Facebook on Friday said it would be opening an office in Lagos, Nigeria, as part ...

            The plastic crown worn by Christopher “Notorious B.I.G.” Wallace in his last photo shoot sold for $594,750 (including Sotheby’s “buyer’s premium” fees and taxes) during an auction Tuesday night –despite its original $6 price tag.   At the auction ...

                                                    One of the world’s rarest diamonds, about the size of an egg or a large lollipop, is going up for auction next month and is expected to fetch $12 million to $30 million.  Sotheby’s said ...

                                          Microsoft said on Sunday it was informed by Bytedance that it would not be selling U.S. operations of TikTok to it.   “We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” ...

A man has sparked fury on social media after he tried to sell unwashed knickers belonging to his dead sister.   The shameless seller from Ayrshire, who has not been identified, shared more than a dozen pictures of frilly thongs ...

The US is to block key exports from China’s Xinjiang region due to allegations that they are produced using forced labour.   The proposed bans include cotton and tomato products which are two of China’s major commodity exports. The Trump ...

Chelsea football club has released pictures of their new third kit designed by Nike. The jersey takes its inspiration from a Nike sneakers which was popular in the 90s. But fans don’t seem to be in love with the new ...

Jeff Bezos’ ex-wife MacKenzie Scott has become the world’s richest woman after Amazon shares surged amid coronavirus lockdowns.   Scott, who owns a 4 percent stake in the ecommerce giant, has added another $30.3 billion to her bank balance in ...

The Tesla CEO’s net worth increased to a staggering $115 billion this week after the electric car company’s stock increased by 12% on Monday.   The 49-year-old has now overtaken Mark Zuckerberg to become number three on the list of ...

  Chelsea have completed the signing of Ben Chilwell from Leicester City in a deal worth £50 million ($66m), the club confirmed on Wednesday. The left-back has signed a five-year contract with Frank Lampard’s team after they reached an agreement with the Foxes this ...

Roma on Thursday announced a change of ownership, with US billionaire Dan Friedkin buying the Serie A club for $700 million. Friedkin, 54, takes over the Italian side from American businessman James Pallotta, 62. “AS Roma can confirm that an ...

A Tanzanian miner and father-of-30 who became an overnight millionaire by digging up huge gemstones worth £2.4million has found and sold another piece worth £1.5million. Saniniu Laizer made the sale at a trading event attended by hundreds after discovering the ...

Following increase in the prices of crude oil, marketers are pushing for the upward review of the Premium Motor Spirit (PMS) petrol N150 per litre for the month of August. The Petroleum Products Pricing Regulatory Agency (PPPRA ) last month ...

Russian billionaire and Chelsea owner, Roman Abramovich is set to get richer, as he has agreed to sell his gold mine in a deal said to be worth £1billion.   Abramovich, whose financial worth reduced this year due to the ...

Tunji Adeleke, the cousin of DMW boss Davido, has shared his experience and how he struggled  for a decade  before finally becoming a university graduate. He is currently feeling graceful as he’s achieved the feat of graduating from the university. ...

Jeff Bezos added $13 billion to his net worth on Monday, the largest single-day jump for an individual since the Bloomberg Billionaires Index was created in 2012. Amazon.com Inc. shares surged 7.9%, the most since December 2018 on rising optimism ...

Meghan and Prince Harry have seen their ‘tell-all’ new book’s price slashed by a third before it’s even been released. Finding Freedom: Harry and Meghan and the Making of a Modern Royal Family is due out on August 11 but ...

A new book on Donald Trump written by his niece sold nearly a million copies on the first day it went on sale in the United States, its publisher said Thursday. Mary Trump’s “Too Much and Never Enough: How My ...

A rare and revolutionary Breguet watch which belonged to King George III has sold for £1.6million at auction. The gold Tourbillon watch represented cutting-edge technology in the early 19th century and was made by the French watchmaking ‘genius’ Abraham-Louis Breguet. ...

Rihanna has delighted fans by announcing she is unleashing her skin care secrets through a brand new range. The 32-year-old chart-topping star has put her music career on hold lately in pursuit of success on the fashion and make-up fields. ...

A long-forgotten Chinese vase, once sold at auction for just $56, went under the hammer for over 70 million Hong Kong dollars ($9 million) over the weekend after being discovered in an elderly woman’s country home. Described by Sotheby’s as ...

United Kingdom couple who set up hand sanitizer business just 12 weeks ago are on a track to make £30million (N14.6b) from the business. According to DailyMail UK, husband and wife team, Andrew, 47, and Rachel Montague, 48, founded their ...

An Indian businessman has paid about $4,000 for possibly the world’s most expensive face mask. It is a bespoke gold face mask to protect him from the coronavirus raging in the country. However, the mask may not be as effective ...

Amazon has recorded a 4.4 percent surge in its stock value, making Jeff Bezos richer than he was, after his divorce in 2019. The 56-year-old founder and CEO of Amazon is now worth $172 billion according to the Bloomberg Billionaires ...