[ad_1] US tariffs have left companies like PlayStation-maker Sony to choose whether to pass higher costs on to consumers or take a hit to their profit. Photo: Anthony WALLACE / AFP/FileSource: AFP Sony on Wednesday said it is bumping up the price of PlayStation 5 video game consoles by $50 …

[ad_1] Battery materials startup Group14 announced Wednesday it has closed a $463 million funding round to expand its manufacturing footprint, a sign that investors remain confident in the future of electric vehicles. The startup manufactures silicon anode materials, which significantly boost the storage capacity of lithium-ion batteries. Group14 currently operates …

[ad_1] The Nigerian Exchange closed negatively, falling by 0.73% as investors booked profits in insurance, consumer goods, and banking stocks Austin Laz, Champion Breweries, NCR, Multiverse, and Enamelware stocks led the gainers’ table Guinness Nigeria, Conoil, Consolidated Hallmark, Royal Exchange, and Ellah Lakes topped the losers’ chart Dave Ibemere, a …

[ad_1] Sony will raise the price of PlayStation 5 consoles, the company announced on Wednesday. These changes will be effective as of Thursday, August 21. Citing “a challenging economic environment” — which appears to reference President Trump’s tariffs on imported products — Sony is increasing console prices by about $50. …

[ad_1] The NNPP has rejected the move by the RMAFC to increase the salaries of the president, vice president and other political office holders Olufemi Ajadi Oguntoyinbo, the southwest leader of the NNPP, described the move as insensitive and ill-timed because of the economic challenges in the country Ajadi explained …

[ad_1] As regulators weigh SpaceX’s plans to launch its massive Starship rocket from Kennedy Space Center, federal documents warn those flights could ripple through Florida airspace, forcing ground stops at multiple airports, reroutes, and delays of up to two hours.   Even after launch, reentry of Starship’s two stages could require …

[ad_1] Starting January 2026, Saudi Arabia will permit foreigners to buy and own property in designated zones, reversing longstanding restrictions to attract more foreign investment. Approved in July, the new “Law of Real Estate Ownership and Investment by Non-Saudis” opens the door for global investors, banks, and institutions to back …

[ad_1] Nigeria has been thrown into mourning after Ambassador Taofik Obasanjo Coker, Nigeria’s Consul General in Buea, Republic of Cameroon, suddenly passed away Reports making the rounds on Wednesday, August 20, revealed that the diplomat aged 59, passed away after a brief illness on Saturday, August 16 The Ministry of …

[ad_1] India’s lower house of parliament on Wednesday passed a sweeping online gaming bill that, while promoting esports and casual gaming without monetary stakes, imposes a blanket ban on real-money games — threatening to disrupt billions of dollars in investment and significantly impact the real-money gaming industry, which could see …

[ad_1] In a country better known for political instability—seven elections in three years—Bulgaria’s formal invitation to join the Eurozone in January 2026 marks a major turning point. For Dimitar Radev, celebrating a decade as governor of the Bulgarian National Bank, it’s the culmination of years of economic discipline and reform. …