Business archive

Page 10

1. IFAD’s “First Mile” Revolution Aims to Secure Africa’s Food Future

   Sub losing approximately $92 billion annually due in food systems and trade, with an produced in the region lost before it reaches the market, but the

2. UK to Auction £3.5 Billion of Treasury Glits on March 5, Impacting Bond Market Dynamics

   Investors stand to gain or lose as3.5 billion of Treasury gilts on March 5, a move that will significantly impact bond market dynamics and potentially

3. European Markets Hit Record Highs Amid Easing Tariff Fears, HSBC Exceeds Annual Profit Expectations

   Investors in European markets stand to gain as easing tariff fears and a record intraday highs, with the Euro Stoxx 50 rising by more than 0.4% and cr

4. GSK Secures Potential 'Multi-Blockbuster' Drug in $950 Million Deal with Implications for Investors and Pharmaceutical Industry

   Investors and the pharmaceutical industry stand to gain significantly as GSK's $950 million deal secures a potential 'multi-blockbuster' drug, a resha

5. Paramount’s $31 Per Share Offer Threatens Netflix’s Bid for Warner Bros. Assets

   Netflix’s effort to secure a slate of Warner Bros. titles is now at risk after Paramount submitted a richer competing proposal, triggering a potential

6. U.S. Judge Says New Jersey Deli Fraudsters Have Not Paid Millions Owed in Restitution

   A federal judge has ruled that the individuals behind one of the most notorious microcap fraud schemes in recent memory, the New Jersey deli scandal, have failed to pay the millions of dollars in rest...

7. Voice Trading Makes a Comeback in the US Treasury Market as Hedge Funds Lean Into Risk

   The world’s biggest bond market is quietly reverting to an old habit. Traders handling large positions in the $30 trillion US Treasury market are increasingly turning away from electronic platforms an...

8. Sam Bankman-Fried Resurfaces With Aggressive Legal Push and Online Offensive

   Sam Bankman-Fried is back in the spotlight. Nearly two years after being found guilty of orchestrating one of the largest financial scandals in modern history, the disgraced FTX founder has launched a...

9. UK Is Now the Costliest Country to Build New Nuclear Plants, Government Review Warns

   The UK’s nuclear ambitions face fresh scrutiny after a government-commissioned task force concluded that Britain is now the most expensive country in the world for building new nuclear power stations....

10. UK Businesses Warn Prolonged Budget Build Up Is Hurting Confidence

     Companies across the United Kingdom are warning that the long build up to the government’s upcoming Budget has created an atmosphere of hesitation that is already affecting investment, hiring an...

11. UK Consumer Confidence Falls as Households Brace for ‘Difficult’ Budget

    UK consumer confidence has slipped again ahead of the government’s upcoming Budget, reflecting growing anxiety among households who expect a tougher economic climate in the months ahead. New survey da...

12. Daily Mail Owner Strikes £500mn Deal to Acquire The Telegraph, Reshaping U.K. Media Power

    The parent company of the Daily Mail has agreed to buy The Telegraph in a landmark £500mn deal that would consolidate two of Britain’s most dominant right-leaning media institutions under a single own...

13. European Commission Challenges Italy Over ‘Golden Power’ Amid Merger Dispute

    The European Commission has launched infringement proceedings against Italy over its use of the country’s expansive “golden power” framework, escalating a long running dispute tied to the failed takeover

14. Klimt Painting’s Record Sale Fuels Renewed Optimism in Global Art Market

    As the global art market searches for stability after two slow years, the record $236 million sale of a Gustav Klimt portrait has become a turning point. Collectors, dealers and auction houses say the...

15. Nvidia Shares Poised for a $300 Billion Swing as Wall Street Braces for High-Stakes Earnings

    Nvidia is heading into one of its most consequential earnings moments in years, with traders preparing for a potential market-cap swing of up to $300 billion after the company reports results, accordi...

16. HoloSolis Raises Over €220 Million as France Pushes Ahead With One of Europe’s Largest Solar Gigafactories

    Europe’s bid to rebuild a sovereign solar-manufacturing base gained fresh momentum as HoloSolis, the French PV cell and module producer, secured more than €220 million in new public and private fundin...

17. Nigeria's Inflation Drops To 16.05 Percent From 18.02 Percent in October

    Nigeria’s headline inflation rate fell to 16.05 percent in October, extending a seven month streak of deceleration and offering the country a rare moment of economic relief after nearly two years of r...

18. London Luxury Market Shifts as Sanctioned Oligarch’s Ex-Partner Sells One Hyde Park Flat at £26 Million Loss

    A luxury apartment in London’s One Hyde Park, once among the most expensive residential properties in the United Kingdom, has sold for nearly £26 million less than its original purchase price. The fla...

19. U.K.’s HSBC Board Divided Over Candidates to Succeed Mark Tucker As Chair

    HSBC Holdings plc’s board is facing internal divisions as it searches for a permanent chairman to succeed Mark Tucker, who stepped down at the end of September 2025. The disagreement centres on differ...

20. German Court Orders Google To Pay €572 Million In Antitrust Damage

    A Berlin regional court has ruled that Google abused its dominant market position in the German price-comparison sector and must pay a combined total of approximately €572 million to two German compan...

21. France’s Sofinnova Partners Closes €650 Million Fund To Double Down On MedTech Innovation

    Paris-based venture capital firm Sofinnova Partners has closed its latest flagship vehicle, Fund XI, at €650 million, well above its initial target and reinforcing its position as one of Europe’s most...

22. Nigeria to Host African Customs Partnership Trade Conference in 2025

    Nigeria will host the 2025 African Customs Partnership Trade Conference, a high-level gathering scheduled for November next year that is expected to shape the continent’s next phase of trade integrati...

23. U.S. Ethics Inquiry Targets Former Federal Reserve Official Over Controversial Stock Trades

    A former U.S. Federal Reserve official, Adriana Kugler, is facing an ethics inquiry after stock trades she carried out while in office triggered red flags within the central bank’s own compliance syst...

24. Palantir CEO Rejects Surveillance Criticism, Says Patriotism Is a Profitable Business Model

    Palantir chief executive Alex Karp is pushing back against long-running concerns that his company’s technology fuels government overreach, arguing instead that its mission is aligned with democratic v...

25. FG Not Introducing New Tax on Savings, Analyst Says Public Panic Driven by Misinformation

    A wave of online panic over claims that the Nigerian government was preparing to tax citizens’ savings has been dismissed by a financial analyst, who says the controversy stems from a fundamental misu...

26. Paystack Suspends Co-Founder Ezra Olubi After Misconduct Allegation Sparks Investigation

    Paystack, one of Africa’s most influential fintech companies, has suspended its co-founder and chief technology officer Ezra Olubi following an allegation of sexual misconduct involving a subordinate....

27. Stephen Curry Ends 13-Year Under Armour Partnership as Brand Resets Amid Sharp Sales Decline

    Stephen Curry and Under Armour are ending one of the most recognisable athlete-brand partnerships in modern sportswear, closing a 13-year chapter that helped define both the point guard’s off-court id...

28. FCCPC Sets January 5 Deadline for Digital Lending Compliance

    A new regulatory deadline is about to reshape Nigeria’s fast-growing digital lending landscape. The Federal Competition and Consumer Protection Commission has given all digital lenders and intermediar...

29. Skyrocketing Power Bills Ignite Political Backlash Against AI Data Centers Across the US

    Soaring electricity prices across one of America’s largest power grids have pulled AI infrastructure directly into the political arena. Households and businesses on the PJM Interconnection network, wh...

30. Denmark Hit With £400 Million Legal Bill After Failed Tax Case Against Hedge Fund Trader

    Denmark’s attempt to recover billions from an alleged tax fraud scheme has backfired, leaving the country’s tax authority with an estimated £400 million in legal costs after losing a landmark case aga...

31. Burger King to Triple Its Presence in China Under New Joint Venture Deal

    Burger King is betting big on China. The U.S. fast-food giant announced plans to more than triple its outlets across the country under a new joint venture with Cartier Capital, a Beijing-based private...

32. Sony Lifts Profit Forecast After Strong Quarter Driven by Music and Imaging Divisions

    Sony Group has raised its full-year profit outlook after reporting a stronger-than-expected second quarter, fueled by robust growth in its music publishing and imaging sensor businesses - two division...

33. AI’s Divide: How Artificial Intelligence Is Reshaping Banking From the Front Office to the Back

    Artificial intelligence is transforming the banking industry - but not every part of the bank will feel the change equally. According to Sopnendu Mohanty, a 20-year banking veteran and cofounder of th...

34. How the World’s Biggest Mining Project Became China’s $23 Billion Power Play

    After nearly three decades of delay, the Simandou iron ore mine in Guinea - the largest untapped mining project on Earth - has finally begun operations. But beyond its staggering $23 billion scale, th...

35. How Startups Can Compete for Top Talent Without Big Tech Budgets

    In the post–AI boom economy, the war for tech talent is fiercer than ever. Startups are chasing engineers, product leads, and data scientists who are used to the salaries, perks, and stability of Big ...

36. Big Tech Tax Breaks Could’ve Funded Benefits for Millions, Senator Warren’s Report Finds

    A new analysis from Senator Elizabeth Warren’s office paints a stark picture of how President Donald Trump’s “Big Beautiful Bill” - a sweeping budget and tax package - is reshaping federal spending pr...

37. Meta Reportedly Earns 10% of Its Revenue from Scam Ads

    Meta Platforms, the parent company of Facebook and Instagram, is facing sharp criticism after internal documents reportedly showed that up to 10% of its global ad revenue comes from fraudulent or dece...

38. Google to Buy Carbon Credits From Massive Amazon Reforestation Project

    Google has agreed to purchase carbon credits from one of the largest reforestation initiatives ever launched in the Amazon rainforest, marking a pivotal moment for corporate-backed climate financ...

39. Amazon Launches ‘Bazaar,’ a Standalone Budget Shopping App Across Emerging Markets

    Amazon is expanding its reach into price-sensitive markets with the launch of Amazon Bazaar, a low-cost standalone shopping app designed for consumers in Asia, Africa, and Latin America. The app, whic...

40. Ford Executives Reportedly Consider Ending the F-150 Lightning Amid Shifting EV Strategy

    Ford executives are reportedly weighing the future of the F-150 Lightning, the company’s flagship electric pickup, as the automaker confronts declining EV demand, supply costs, and a changing politica...