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G7 partners pledges $420-million-dollar investments for Africa as Nigeria…
Leaders from the Group of Seven (G7) countries, along with representatives from Italy and the United States!-->…
World Bank, WTO, NITDA Move To Enhance Digital Trade
The National Information Technology Development Agency (NITDA), the World Bank, and the World Trade Organisation!-->…
Hyundai Upgrades 2025 Santa Fe
Hyundai has unveiled the fifth generation of the popular Santa Fe, featuring significant upgrades including a new!-->…
South African pay-TV group MultiChoice slides into annual loss
South African pay television company, MultiChoice Group, reported a pre-tax loss of $38 million for the financial!-->…
Saudi Aramco Share Sale Attracts Strong Demand, Raises Over $11 Billion
Saudi Arabia successfully sold shares in oil giant Aramco, raising over $11.2 billion. The sale, priced towards!-->…
Samsung Electronics union in South Korea stages first walkout
Samsung Electronics' workers' union staged the company's first-ever strike on Friday, demanding higher wages.!-->…
Banks say growing reliance on Big Tech for AI carries new risks
The rise of artificial intelligence (AI) in banking is a double-edged sword, according to European banking!-->…
Americans are getting pickier, but they are still spending on hot items
Investors are analyzing US credit card spending data to understand which retailers are likely to perform well this!-->…
China’s exports rise solidly, but slower imports temper outlook
China's exports grew for a second consecutive month in May, offering a glimmer of hope for the country's economic!-->…
Morning Bid: US check on sub-4% jobless, China imports slow
Global markets are currently in a holding pattern, awaiting the release of the US employment report. This report,!-->…
Stock market rally pauses as US jobs data looms
Global stock markets are currently in a wait-and-see mode, with investors closely monitoring the upcoming US jobs!-->…
Major Japanese Banks to Divest $8.5 Billion in Toyota Stock
Two of Japan's largest banks, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group (SMFG),!-->…
EU aviation regulator to allow FAA to observe its plane audits
European aviation regulators are proposing a new level of cooperation with their American counterparts. The!-->…
Chinese security firm Nuctech challenges EU raids over alleged subsidies
Nuctech, a Chinese company manufacturing security scanners, is suing the European Commission after its offices!-->…
Boeing’s Calhoun says board will decide his successor
Boeing's outgoing CEO David Calhoun is stepping down by the end of the year. The board is actively searching for!-->…
Toyota Recalls Over 100,000 Vehicles Due to Potential Engine Stall
Attention Toyota and Lexus owners! There's a recall on certain 2022-2023 Tundra pickup trucks and LX 600 SUVs!-->…
Paramount Global’s top execs detail restructuring plan; shares fall
Paramount Global is undergoing a major shakeup. Facing declining revenue from traditional television and a!-->…
UK dedicated to maximising trading scheme uptake – Envoy
The British government is eager to leverage a trade scheme designed to benefit developing countries like Nigeria.!-->…
After trial, investors weigh Trump 2.0 factor as election looms
Last week, Donald Trump became the first former president to be convicted of a felony, but Wall Street remains!-->…
Iran-Africa Trade Reaches $1.2 Billion, with Iran Targeting Nigerian Market
The Government of the Islamic Republic of Iran announced that its trade with African countries has reached $1.2!-->…
Chinese companies rush to hike dividends, buy back shares in Japan-style reform
Chinese companies are responding to government calls to improve investor returns by offering record dividends and!-->…
Saudi Arabia Considers Selling More Aramco Shares
Saudi Arabia is preparing to announce a potential secondary share offering for Aramco, its state-owned oil giant.!-->…
Oil prices steady as solid U.S. crude demand offsets rate concerns
Oil prices remained relatively unchanged today as conflicting factors influenced the market. Upward pressure came!-->…
Germany to Scrap Gas Storage Fee for Neighboring Countries
Germany is removing a fee it charged neighboring countries for accessing its natural gas reserves. This levy,!-->…
EU agrees to quit energy investment treaty over climate concerns
The European Union (EU) has unanimously decided to withdraw from the Energy Charter Treaty (ECT), a move driven by!-->…
Asia’s Oil Imports Surge in May, Driven by India
Asia's crude oil imports reached a 12-month high in May, fueled by a massive increase in demand from India. The!-->…
Elon Musk reclaims title of world’s richest person with $209bn net worth
Elon Musk reclaimed the title of the world's richest person thanks to his new AI startup, xAI. The company's $6!-->…
Shares nudge higher as US, EU inflation data loom
World stock markets edged higher on Monday as investors awaited key inflation data releases this week. This data!-->…
Dollar firm ahead of global inflation data
The U.S. dollar remained stable on Monday but is poised for its first monthly decline this year. Investors are!-->…
Stellantis to announce Italy-produced hybrid version of 500 EV, sources say
Fiat's owner, Stellantis, is set to unveil a hybrid version of its popular 500e electric car. Production of this!-->…