Mateo Farah

China Risks Strained Ties After Dissent From G20 Statement, Bessent Says

China was the lone G20 dissenter to a joint warning against 'cheap exports', Treasury Secretary Scott Bessent said.

Range Rover Launches First Fully Electric Model, Built in Solihull

Range Rover unveils its first fully electric model, built in Solihull as JLR retrains 10,500 staff and adds battery production capacity.

Unacademy Sells to upGrad for $206M, Down About 94% From Peak Valuation

Unacademy sold to rival upGrad for ₹19.55 billion (about $206 million), roughly a 94% decline from its $3.44 billion 2021 peak.

Nokia Risks Margin Erosion Unless It Secures Africa’s AI Network Role

Nokia is shifting to AI-native networks and edge computing after launching AI-RAN on July 15, 2026, to win value in Africa’s $66 billion telecom

10-Year Treasury Yield Hits 4.788%, Raising Borrowing Costs Nationwide

The 10-year Treasury yield rose to 4.788%, the highest since Jan. 14, 2025, as Middle East tensions and stronger oil prices rekindled inflation fears.

Ikea Cuts Prices Across Europe, Spending €1.2bn to Counter Falling Sales

Ikea is cutting prices on hundreds of European products and spending €1.2bn to do so. The aim is to lift sales but margins may shrink.

MTN, Airtel Lift Telecoms to 10.38% Growth, Add ₦5.20 Trillion to Q2 GDP

Telecoms and information services grew 10.38% in Q2 2026, contributing ₦5.20 trillion and 9.72% of Nigeria’s real GDP.

Kenya Overtakes Nigeria In M&A Value, Nedbank Secures 66% Of NCBA

Kenya climbed to the top of Africa's M&A value rankings as deal totals hit $1.44 billion; Nedbank won approval to acquire 66 percent of NCBA.

NUPRC Keeps $300 Helicopter Levy, Exempts Private Offshore Landings From TNC

$300 per-landing helicopter charge stays in force and must be paid to NAMA. NUPRC says the Terminal Navigational Charge will not apply to private

Cornwall Hospitality Demands Permanent VAT Cut After Short Summer Scheme

Businesses say the £300m Great British Summer Savings cut to 5% for just under 10 weeks failed to reach many, and they want a permanent rate.

Victoria Beckham Brand Posts First Profit After 18 Years, £7.3m Gain

Victoria Beckham Holdings recorded a £7.3m operating profit in 2025, its first since 2008, driven by fashion growth and skincare demand.

FBNBank Senegal Named First Official Bank Partner For Dakar 2026 Youth Olympic Games

FBNBank Senegal will sponsor Dakar 2026 as the first Official Bank Partner, advancing youth development through the First@Sports programme.