Bloomberg – InfoStride News

Mark Zuckerberg Is Now Worth $187 Billion, Musk Is Worth $181 Billion – Bloomberg

David Folami — Tue, 09 Apr 2024 20:00:43 +0000

Elon Musk’s wealth has dropped below Mark Zuckerberg’s for the first time in four years. This is coming as the value of Tesla’s stock tumbled, and the world has been reacting. Musk’s fortune is now worth $181 billion, making him the fourth richest person in the world after being overtaken by the Facebook founder. Zuckerberg [...]

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Bloomberg Outlook: Naira’s Downward Spiral to Persist in 2024 with No Recovery on the Horizon

Temitope Nlewemchi — Sat, 30 Dec 2023 11:40:12 +0000

In a recent market analysis, the US-based media giant Bloomberg L.P has predicted an enduring depreciation of the Naira throughout 2024, marking a notable downturn that is expected to be the most severe since 1999. According to Bloomberg’s comprehensive market evaluation, the Naira has witnessed a staggering 55% decline over the course of the year, [...]

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2023: Peter Obi top pick for president, fresh Bloomberg poll shows

Ifeanyi Nwagboso — Fri, 10 Feb 2023 14:06:05 +0000

Barely two weeks to the election, the presidential candidate of the Labour Party, LP, Peter Obi, remains the top choice to become the nation’s next president, according to a new poll by Bloomberg. The survey results for Bloomberg News by Premise Data Corporation were published on Friday. According to the poll, two-thirds of respondents said [...]

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Amazon CEO Jeff Bezos now the Richest Man in the World, topples Bill Gates

Kunle Atiba — Sat, 29 Jul 2017 09:41:38 +0000

The Founder and Chief Executive Officer of Amazon.com Inc, Jeff Bezos, has toppled fellow tech billionaire Bill Gates as the richest person in the world on Thursday, July 27, 2017. He profited in early trading from the e-commerce company’s meteoric stock rise to reach a fortune of 90.6 billion dollars, Forbes reported. Gates is worth [...]

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Fort Mcmurray Ponders What’s Next Amidst Continued Wildfires And Oil Bust

Ade Adewale — Sun, 08 May 2016 08:28:00 +0000

Long before the oil era, Fort McMurray first flourished as a fur trading hub tucked in a valley of northern Canada’s boreal forest. Even then, the area’s shiny black soil stood out. Devastated by wildfires this week, this outpost for oil-sands workers 700 kilometers (540 miles) northeast of the industry’s high-rise headquarters in Calgary has [...]

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Alberta Wildfire: Canada Oil Price Surges As Production Slows

Ade Adewale — Fri, 06 May 2016 22:48:04 +0000

The worst wildfire in Alberta history is boosting Canadian crude prices as oil companies evacuate workers and shut in output. Western Canadian Select, the benchmark for oil sands production, strengthened $1.35 to a $11.50-a-barrel discount to U.S. West Texas Intermediate on Thursday at 7:38 a.m. Calgary time, the smallest difference since July, data compiled by [...]

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President Buhari Approves Nigeria Delayed Record-Budget To Boost Economy

Wale Adebayo — Fri, 06 May 2016 22:37:31 +0000

President Muhammadu Buhari signed Nigeria’s biggest ever budget ending months of haggling with lawmakers over spending plans to help stimulate an economy reeling from falling crude prices. With a 6.1 trillion naira ($30.6b) budget, up 20 percent from the 2015 budget, Nigeria is looking to spend its way out of an economic slowdown and diversify [...]

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$5.5 Billion Arms Scandal Will Test President Buhari’s Anti-Graft War

Ade Adewale — Sat, 21 Nov 2015 09:39:05 +0000

Revelations have emerged that top officials are suspected of pilfering the equivalent of almost the entire annual defense budget would cause shock waves in most countries. Not in Nigeria, where the public sees political power and graft as bedfellows. The novelty this time is that President Muhammadu Buhari (PMB) immediately ordered the arrest of a [...]

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Nigeria’s Dangote Gains As The World’s Richest People Lost $70 Billion On June 29, 2015

Ade Adewale — Thu, 02 Jul 2015 22:52:56 +0000

Thought of sharing this report with you. I found it on Bloomberg stating that the World’s Richest People including Warren Buffett and Bill Gates lost $70 billion on June 29, 2015. That was a staggering amount of cash. Meanwhile, our own Nigerian billionaire Aliko Dangote gained more on the day as he was among the 12 billionaires [...]

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#Wealth: Facebook’s Mark Zuckerberg Is Now 16th World Richest

Wale Adebayo — Sat, 26 Jul 2014 01:30:44 +0000

Mark Zuckerberg is one of the youngest billionaire and owner of world renowned social network — Facebook. Apparently, he just added another 1 billion dollars to his name on Thursday. His net worth has increased to $33.3billion, surpassing the founders of Google Sergey Brin and Larry Page, as well as Amazon CEO Jeff Bezos on [...]

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Next Apple TV Could Feature Content from Time Warner Cable

Ade Adewale — Thu, 13 Feb 2014 08:43:16 +0000

We’ve been hearing about the next Apple TV for several weeks now, and while there aren’t any specs to speak of just yet, we did get a hint today for what the device may offer. According to Bloomberg, Apple is negotiating with Time Warner Cable…

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Microsoft hints insider Satya Nadella for CEO Promotion [VIDEO]

Ade Adewale — Sat, 01 Feb 2014 20:53:46 +0000

Jan. 31 (Bloomberg) -- Bloomberg West Editor-At-Large Cory Johnson discusses reports that Microsoft will promote enterprise and cloud chief Satya Nadella to CEO on Bloomberg Television's "Bloomberg Surveillance." -- Subscribe to Bloomberg on YouTube…

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