Business International Stock World European Markets Rise as UK Political Uncertainty and Trump-Xi Talks Drive Investor Attention May 14, 2026 Ekemini Uba European stock markets opened on a positive note Thursday morning as investors closely monitored major political developments unfolding in both the United Kingdom and China. The pan-European STOXX 600 index…
Business International World UN Warns Trump Against Iran Strikes as Deadline Nears: Tensions Escalate in Middle East April 7, 2026 Ekemini Uba The United Nations has issued a stark warning to United States President Donald Trump, cautioning that his threats to attack Iran’s civilian infrastructure could breach international law. The warning comes…
Business World Saudi warns of $50 oil if OPEC+ fails to honour cut deal October 3, 2024 Ekemini Uba Saudi Arabia, the leading member of the OPEC+ alliance, has warned that global oil prices could drop to $50 per barrel if member countries fail to honor their agreed production…
World Walz, Vance clash at policy-heavy vice presidential debate October 2, 2024 Ekemini Uba Democrat Tim Walz and Republican JD Vance debated on crucial issues like the Middle East crisis, immigration, and the economy during a vice presidential debate on Tuesday. Despite heated policy…
World Refugees Contribute $124b To U.S. Economy October 2, 2024 Ekemini Uba President Joe Biden has signed a decision to set the U.S. refugee admissions goal at 125,000 for Fiscal Year 2025, an increase from the 100,000 refugees resettled in 2024, the…
Business World Intel, US to finalise $8.5 bln in chips funding by year-end, FT reports September 27, 2024 Ekemini Uba Intel is close to securing $8.5 billion in direct funding from the U.S. government, with finalization expected by the end of 2024, according to a report from the Financial Times.…
Business World China launches late stimulus push to meet 2024 growth target September 27, 2024 Ekemini Uba China’s central bank lowered interest rates and injected liquidity into the banking system on Friday as part of a major stimulus effort aimed at boosting economic growth. The People’s Bank…
Business World New US rules to exacerbate trade dispute with China September 23, 2024 Ekemini Uba China has issued a warning to the United States, urging it not to take “discriminatory actions” against Chinese firms, following reports that Washington is considering a ban on vehicles using…
Commodities World Canada tightens foreign worker eligibility, reduces study permit issuance by 10% for 2025 September 19, 2024 Ekemini Uba The Canadian government will reduce the issuance of study permits by 10% for 2025, lowering the cap from 485,000 in 2024 to 437,000. This reduction aims to manage the volume…
Business World With Fed’s rate cut at hand, debate swirls over how big a move September 18, 2024 Ekemini Uba As the U.S. Federal Reserve prepares to begin its rate-easing cycle, investors and analysts predict that future interest-rate cuts may be less aggressive than market expectations due to ongoing economic…
Business World EU court confirms Qualcomm’s antitrust fine, with minor reduction September 18, 2024 Ekemini Uba Europe’s second-highest court upheld a European Commission antitrust fine against U.S. chipmaker Qualcomm for predatory pricing, though it reduced the fine to 238.7 million euros ($265.5 million) from 242 million…
Business World Teamsters to meet on Wednesday to consider potential US presidential endorsement September 18, 2024 Ekemini Uba The Teamsters executive board is meeting in Washington on Wednesday to decide its endorsement for the 2024 U.S. presidential election. With 1.3 million members, the union’s choice could impact key…
Business World Exclusive: Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit September 18, 2024 Ekemini Uba Commerzbank is set to appoint CFO Bettina Orlopp to lead discussions with UniCredit, following the Italian bank’s acquisition of a 9% stake in the German lender. This move is expected…
Business World Trump launches another business full of potential risks and conflicts if he wins September 17, 2024 Ekemini Uba Former US President Donald Trump, alongside his sons and business partners, launched a cryptocurrency platform called World Liberty Financial in an online event on Monday night. The two-hour presentation offered…
Business World UK reveals key trends in work, study, and family visas For 2024 September 16, 2024 Ekemini Uba The UK’s immigration statistics for the year ending June 2024 reveal a total of 1.16 million visas issued across work, study, and family categories. This includes both short-term and long-term…
Business World Boeing strike threat looms as workers vote on contract September 12, 2024 Ekemini Uba Boeing’s U.S. West Coast factory workers are set to vote on a controversial new contract on Thursday, with the potential for a strike starting Friday if the deal is rejected.…
Business World US holiday sales to grow at slowest pace since 2018, report says September 12, 2024 Ekemini Uba U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and dried up savings turn shoppers more…
Business World UniCredit buys 9% stake in Germany’s Commerzbank, sparking takeover talk September 11, 2024 Ekemini Uba Italy’s UniCredit has acquired a 9% stake in Germany’s Commerzbank for €700 million, raising speculation that UniCredit’s CEO Andrea Orcel is preparing for a potential takeover of the German bank.…
Business World BMW trims 2024 profit margin on technical issues, weak China demand September 10, 2024 Ekemini Uba BMW has revised its profitability forecast for 2024, now expecting an EBIT margin of 6% to 7% instead of the previously anticipated 8% to 10%. This adjustment is due to…
Business World Google loses fight against $2.7 billion EU antitrust fine September 10, 2024 Ekemini Uba Google has lost its appeal against a €2.42 billion fine from the European Commission for unfairly promoting its own shopping service over smaller competitors. The fine, issued in 2017, penalized…
Business World EU’s Vestager triumphs in crackdown on Apple’s tax deal, Google’s practices September 10, 2024 Ekemini Uba EU antitrust chief Margrethe Vestager celebrated two major victories as the European Court of Justice upheld fines against Apple and Google. The court ruled that Apple must pay €13 billion…
Business World US small business sentiment ebbs in August amid rising uncertainty September 10, 2024 Ekemini Uba Small-business confidence in the U.S. fell in August, reversing July’s gains due to growing uncertainty ahead of the November 5 presidential election and weakening sales expectations. The National Federation of…
Business World Huawei seeks to steal spotlight from Apple with launch of $2,800 tri-fold smartphone September 10, 2024 Ekemini Uba Huawei launched its $2,800 tri-foldable Mate XT smartphone just hours after Apple’s iPhone 16 debut, positioning itself as a key player in the competitive smartphone market. The Mate XT, which…
Business Market World European markets start the week on a positive note September 9, 2024 Ekemini Uba On August 28, 2024, European markets opened higher, with the pan-European Stoxx 600 index gaining 0.67% in early London trading. Travel and leisure stocks led the charge, increasing by 1.69%,…
Stock World Europe stocks mixed after three straight declines; U.S. jobs data in focus September 5, 2024 Ekemini Uba European stock markets opened Thursday on a mixed note, extending a negative trend despite hitting record highs last week. The Stoxx 600 index fluctuated, with utilities stocks rising 1.6%, while…
Business Market World World stocks tiptoe, dollar holds as investors await US data September 3, 2024 Ekemini Uba World stocks held steady on Tuesday while the dollar remained near a two-week high as investors awaited crucial U.S. economic data. The focus is on the ISM manufacturing survey and…
Technology World Apple to switch to OLED displays for all upcoming iPhones from 2025, Nikkei reports September 3, 2024 Ekemini Uba Apple plans to use OLED displays for all iPhone models starting in 2025, according to Japan’s Nikkei. This shift from liquid crystal displays (LCDs) aims to provide more vivid colors…
Business World Cathay Pacific inspections find 15 A350s need engine parts replaced September 3, 2024 Ekemini Uba Cathay Pacific Airways announced it has inspected its entire Airbus A350 fleet after a critical engine component failed during a flight. The airline found 15 aircraft requiring component replacements and…
Business Market World Asian markets slip amid economic worries September 3, 2024 Ekemini Uba Asian markets fell on Tuesday as investors anticipated the upcoming U.S. jobs report, which is expected to influence the Federal Reserve’s interest rate decisions. The report, due on Friday, is…
Crypto Trade World WazirX hacker moves $6.5 million in Ethereum to under fire mixer Tornado Cash September 3, 2024 Ekemini Uba India’s largest cryptocurrency exchange, WazirX, has suffered a devastating security breach, resulting in the theft of $235 million in crypto assets on July 18, 2023. The hacker responsible for the…
