ALO360

Wale Edun urges IMF, world bank to lower borrowing costs for developing nations

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on the International Monetary Fund (IMF) and the World Bank to reduce borrowing costs for developing countries. He emphasized that rising debt pressures and limited access to affordable financing are straining these economies. Wale Edun made this appeal on Tuesday, April…

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Amazon to buy satellite firm Globalstar in $11.57 billion deal

Amazon has announced plans to acquire satellite telecom firm Globalstar in a deal valued at about $11.6 billion, as it accelerates efforts to expand its space-based internet network. The acquisition is part of Amazon’s broader strategy to compete directly with SpaceX’s Starlink. Which currently dominates the satellite internet market. Under the agreement, Globalstar shareholders will…

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Hollywood stars sign open letter opposing PARAMOUNT-Warner Bros $110 billion takeover deal

A group of over 1,000 filmmakers, actors, and industry professionals has signed an open letter opposing the proposed $110 billion merger between Warner Bros Discovery and Paramount Skydance. Big names like Jane Fonda, Joaquin Phoenix, and Mark Ruffalo are warning that this merger could hurt competition. And worsen the trend of media consolidation in the…

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Former Chelsea star apologises for false accusation against singer Chappell Roan

Former Chelsea and Arsenal midfielder Jorginho has retracted his recent criticism of pop star Chappell Roan, calling the situation a “misunderstanding” after a viral hotel incident in Brazil. Last month, the 34-year-old Italian footballer claimed on Instagram that an employee of Roan had confronted his wife. Catherine Harding, and their 11-year-old daughter, Ada, during breakfast…

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