Uganda Latest Business News, Investments , Opinion and Sports

Day: February 9, 2020

1 min read

Mimi De Boss , a top socialite 2021 is lit

3 years ago Ugbusiness

USA based Ugandan socialite Mimi the Boss Chic in yet another 2020 start off in a new trend. The Ugandan...

1 min read

Four Mountain gorillas killed by lightening

3 years ago Ugbusiness

A total of four mountain gorillas in the South Western Mgahinga National Park have been killed by what is believed...

3 min read

Uber and Lyft take different roads in search of profit

3 years ago Ugbusiness

Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O), the two leading U.S. ride-hailing companies, are on divergent paths as Uber...

1 min read

Feds seized nearly $700 million from FTX founder Bankman-Fried

2 months ago Business Detect

federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to...

1 min read

BUSINESS

Tesla plans to announce Mexico EV plant as soon as next week -Bloomberg News

3 months ago Business Detect

Dec 16 (Reuters) - Tesla Inc (TSLA.O) is finalizing plans to build an electric vehicle assembly plant in an industrial area of northeastern Mexico and may announce...

2 min read

Dollar weak after soft U.S inflation data, focus switches to Fed

4 months ago Business Detect

The U.S. dollar struggled to gain a foothold on Wednesday after a sharp dive overnight on cooler-than-expected inflation data, which fuelled expectations that the Federal...

1 min read

Volkswagen and Italy’s Enel launch joint venture for high-speed charging

4 months ago Business Detect

Volkswagen (VOWG_p.DE) and Italy's Enel (ENEI.MI) have formed a joint venture to build 3,000 high-speed charging points across Italy for electric vehicles (EVs), investing 100 million euros ($105.38 million)...

2 min read

BUSINESS

Oil climbs as shut pipeline in U.S. adds to supply uncertainty

4 months ago Business Detect

Oil extended gains on Tuesday as a key pipeline bringing the resource to the United States remained shut, adding to concerns about potential tight supply...