Elon Musk's Starship finally reaches orbit and delivers its first paying cargo
Elon Musk's Starship reached orbit for the first time on its 14th flight, deploying 26 Starlink V3 satellites despite an engine failure that cut the mission short.
Dorcas Adeodun
News Reporter
Dorcas Adeodun is a journalist covering finance, public policy, and economic development. She has more than five years of reporting experience and has worked across business reporting and institutional analysis.
Mark Zuckerberg loses $20 billion in two days as Meta's AI spending spooks investors
Mark Zuckerberg's fortune has fallen nearly $20 billion in two trading days to $246.7 billion after a Goldman Sachs note questioned whether Meta's AI spending can pay off.
Jay-Z and Serena Williams near a payday as their Indonesian coffee chain moves toward an IPO
Kopi Kenangan has announced a secondary share sale by existing stakeholders as it moves toward an IPO that could value it at about $1 billion.
British billionaire Lord Bamford picks his youngest son to run JCB over the heir everyone expected
Lord Bamford has appointed his youngest son George co-chairman of JCB from October, passing over elder son Jo, long seen as the heir apparent.
Nigerian tycoon Kola Karim lands $500 million from Qatar to double oil production
Kola Karim's Shoreline will use a $500 million Islamic financing package from Qatar Islamic Bank to push OML 30 past 100,000 barrels a day.
Billionaire Aliko Dangote wins the first round as a judge refuses to halt his Lamu refinery
A Malindi judge declined to stop construction of the Lamu refinery
Aliko Dangote's empire is on course to double revenue to $36 billion in a single year
Dangote Group says revenue reached about $17 billion in the first half of 2026 and is on track to double to $36 billion for the year, from $18 billion in 2025.
Russian billionaire Andrey Melnichenko says raising rates cannot fix today's inflation
Sanctioned Russian billionaire Andrey Melnichenko told Channel One that interest rate rises cannot cure inflation caused by supply chain costs.
No wife, no children: billionaire John Poindexter is leaving his fortune to a Texas ghost town
Texas billionaire John Poindexter, 81, has no heirs, so his foundation is spending his fortune to rebuild Shafter, a silver-mining ghost town with about 25 residents.
Kenyan billionaire Narendra Raval starts building $386 million cement plant in Kitui
Narendra Raval's Devki Group has begun building a 50 billion shilling cement factory at Ngaaie in Mwingi North, due to open in mid-2027.
Billionaire David Rubenstein's two biggest mistakes: dumping Amazon and laughing off Facebook
Billionaire David Rubenstein says his gravest investing errors were selling an early Amazon stake and ignoring a $30,000 Facebook pitch, as he explains buying the Orioles.
Aliko Dangote's refinery lifts Nigeria's petrol exports sixfold to $750 million
Nigeria earned $750 million from petrol exports in the first half of 2026, a sixfold rise that analysts credit to Dangote's refinery and the Iran war.
Swedish billionaire Stefan Persson's family nears the 90% needed to take H&M private
The Persson family bought 36.8 million H&M shares this year, lifting its stake above 68% from 49.5% in 2021 and fuelling take-private talk.
Elon Musk's Tesla starts delivering the Semi truck nine years after he unveiled it
Tesla has begun delivering its Semi electric truck to first customers this week, nine years after Elon Musk unveiled it and days after a record 2,500-truck order.
Billionaire Michael Jordan opens a $250,000 media studio at Morehouse College
Morehouse College opened its Multimedia Centre on Sept. 23, built with more than $1 million from Michael Jordan and his Jordan Brand.
Greek shipping billionaire Maria Angelicoussis turns freight profits into an Nvidia stake
Nicrone, the family office of Greek shipping billionaire Maria Angelicoussis, has made Nvidia one of its top listed holdings, Bloomberg reported.