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Warren Buffett Earns Over $2M Daily From Coca-Cola Investment

Warren Buffett Gets Over $2M Daily From Coca-Cola Investment

September 24, 2025 2:57 am

Warren Buffett, the legendary U.S. investor and CEO of Berkshire Hathaway, earns more than $2 million every day from his decades-old investment in Coca-Cola, highlighting the extraordinary power of long-term investing and compounding returns.

In 1988, Berkshire Hathaway acquired 400 million shares of Coca-Cola for $1.3 billion, a move that has since become a hallmark of Buffett’s patient, value-driven investment strategy. Today, those shares generate approximately $736 million in annual dividends, a figure that continues to grow as the beverage giant increases payouts to shareholders.

Buffett’s stake in Coca-Cola underscores a central tenet of his investing philosophy: buy and hold …

Asian Markets Gain Ahead Of Fed Rate Cut Decision

Asian Markets Gain Ahead Of Fed Rate Cut Decision

September 16, 2025 7:36 am

Asian stocks pushed higher on Tuesday, extending Wall Street’s record-breaking momentum, as traders prepared for what is widely expected to be a US interest rate cut this week. The move comes as investors also monitor potential talks between President Donald Trump and Chinese leader Xi Jinping.

The Federal Reserve’s policy decision, due Wednesday, is viewed as a near certainty, but market focus has shifted to the central bank’s “dot plot” projections for borrowing costs in the months ahead. Investors will also parse comments from Fed Chair Jerome Powell for signals on how aggressively the bank may ease policy as the …

GTCR Nears $4.8 Billion Deal To Acquire Advent’s Zentiva

GTCR Nears $4.8 Billion Deal To Acquire Advent’s Zentiva

September 11, 2025 8:37 am

Private equity firm GTCR is close to finalizing a deal to acquire Zentiva, the European generic drugmaker owned by Advent International, in a transaction valued at about $4.8 billion, according to people familiar with the matter.

GTCR is understood to have emerged as the frontrunner after surpassing offers from rival bidders, including other private equity firms and pharmaceutical companies. An official announcement could come as early as Thursday, the sources said, requesting anonymity because discussions remain private. Representatives for GTCR, Advent, and Zentiva have not yet provided comment.

Advent has been exploring a sale of Zentiva for several months, working …

Paris Stocks Edge Higher After French PM’s Resignation

Paris Stocks Edge Higher After French PM’s Resignation

September 9, 2025 10:50 am

The Paris stock market opened higher on Tuesday following the resignation of Prime Minister Francois Bayrou’s government, which fell after losing a confidence vote in parliament. Despite the political shake-up, investors appeared largely unfazed, suggesting that markets had already priced in the prospect of instability.

The CAC 40 index of French blue-chip stocks rose 0.2 per cent in early trading. In comparison, the Frankfurt DAX slipped 0.1 per cent, while London’s FTSE 100 posted a modest 0.1 per cent gain. The muted market response reflects both anticipation of Bayrou’s ouster and confidence that France’s political system will contain the crisis …

Nigeria’s Aviation Regulator Warns Airlines Over Delays

Nigeria’s Aviation Regulator Warns Airlines Over Delays

September 9, 2025 10:40 am

LAGOS — Nigeria’s aviation watchdog has warned airlines against routine delays and cancellations that have become a flashpoint for passenger frustration, vowing to impose sanctions and publicly name carriers that flout regulations.

The Nigerian Civil Aviation Authority (NCAA) said Monday that it would no longer tolerate what it called “deliberate negligence” by operators, including a pattern of airline staff abandoning stranded travelers at airports.

“Passengers are not to be left at the mercy of circumstances,” NCAA spokesperson Michael Achimugu said in a statement posted on X. “The practice of staff disappearing during disruptions, leaving our officers to manage angry crowds, …

US Job Growth Slows As Unemployment Hits 4-Year High

US Job Growth Slows As Unemployment Hits 4-Year High

September 5, 2025 5:54 pm

The U.S. labor market showed signs of strain in August, with job growth slowing to a crawl and unemployment climbing to its highest level in nearly four years. The economy added just 22,000 jobs last month, a sharp deceleration from earlier gains, while the unemployment rate ticked up to 4.3% from 4.2%, according to the Bureau of Labor Statistics.

Revisions to previous months painted a similarly sobering picture. June’s employment numbers were adjusted downward to show a loss of 13,000 jobs, marking the first negative month since December 2020 and ending what had been the second-longest period of continuous employment …

Google Hit with $3.45B EU Fine Over Ad Tech Practices

Google Hit with $3.45B EU Fine Over Ad Tech Practices

September 5, 2025 5:34 pm

Alphabet’s Google has been slapped with a 2.95-billion-euro ($3.45 billion) fine by European regulators, marking its fourth major penalty in a decade-long antitrust battle with the European Union. The ruling targets Google’s adtech business, accusing the company of favoring its own services over competitors and harming online publishers.

The European Commission said Google’s practices, in place since 2014, demonstrated a clear abuse of market power. The company allegedly prioritized its own online display technology in a way that disadvantaged rivals, distorting competition and limiting choice for advertisers and publishers alike.

Read Also: 13 Teens Jailed For Murdering Schoolmate In Sabah

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Tesla Proposes $1tn Award For Musk If He Hits Targets

Tesla Proposes $1tn Award For Musk If He Hits Targets

September 5, 2025 4:54 pm

Tesla’s board has proposed an extraordinary pay package for CEO Elon Musk, potentially worth more than $1 trillion (£740bn) if he meets a series of ambitious targets over the next decade.

The plan would see Musk awarded shares gradually, rather than a salary or bonus, contingent on achieving milestones including an eightfold increase in Tesla’s market value, the sale of 1 million artificial intelligence robots, and 12 million additional Tesla vehicles. Each target is paired with an operational benchmark and earnings goals, designed to reward extraordinary growth.

The company’s board encouraged shareholders to approve the package. “Growth that may seem …

Hundreds Detained In ICE Raid At Hyundai Plant In South Korea

Hundreds Detained In ICE Raid At Hyundai Plant In South Korea

September 5, 2025 4:42 pm

U.S. immigration authorities carried out a large-scale raid at a Hyundai construction site in Georgia, resulting in the arrest of 475 people, officials confirmed Friday. The operation, conducted at the 3,000-acre HL-GA Battery Company facility, marks the largest single-site enforcement action in the history of Homeland Security Investigations.

The Department of Homeland Security said agents executed a court-approved search warrant in connection with allegations of “unlawful employment practices and other serious federal crimes.” The site, built to produce electric vehicle batteries, had been operational for about a year.

According to ICE, a majority of those detained were Korean nationals, and …

U.S. May Owe Over $200B if Trump Loses Tariff Lawsuit

U.S. May Owe Over $200B If Trump Loses Tariff Lawsuit

September 3, 2025 11:29 am

American businesses could be in line for refunds exceeding $200 billion if the Supreme Court upholds a recent federal appeals court ruling that President Donald Trump unlawfully imposed sweeping tariffs during his second term.

The case centers on Trump’s use of the International Emergency Economic Powers Act (IEEPA) to levy duties on imports from countries including India, Brazil, and China—at rates as high as 50% and, in China’s case, 145%. The appeals court determined his actions exceeded his legal authority.

As of August 24, US companies had paid more than $210 billion in tariffs now deemed illegal. Trump acknowledged Tuesday …

Appeals Court Reinstates Fired FTC Commissioner Slaughter

Appeals Court Reinstates Fired FTC Commissioner Slaughter

September 3, 2025 8:51 am

A federal appeals court has ruled that Rebecca Kelly Slaughter, a Federal Trade Commission (FTC) commissioner removed by President Donald Trump earlier this year, can be temporarily reinstated. The decision marks a significant setback for Trump’s effort to curb the power of independent federal regulators.

Slaughter, along with fellow Democratic commissioner Alvaro Bedoya, was fired by Trump in March. In July, a district court ordered Slaughter’s reinstatement, but the Justice Department quickly secured an emergency stay blocking that move. On Tuesday, the appeals court lifted the stay in a 2-1 ruling and also rejected the administration’s request to accelerate the …

Oil Prices Rise On Ukraine Conflict And Supply Concerns

Oil Prices Rise On Ukraine Conflict And Supply Concerns

September 2, 2025 10:06 am

Oil prices climbed on Tuesday amid growing concerns over supply disruptions as the conflict between Russia and Ukraine intensifies, while investors also weigh upcoming U.S. jobs data that could influence interest rate decisions.

Brent crude rose 37 cents, or 0.54%, to $68.52 per barrel by 7:17 AM WAT. U.S. West Texas Intermediate (WTI) crude gained $1.01, or 1.58%, to $65.02 per barrel. WTI futures did not settle on Monday due to the Labor Day holiday in the United States.

The market is closely watching U.S. labor data, set to be released this week ahead of the Federal Reserve’s September meeting. …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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