Business archive

Page 4

1. Treasury Yields Rise After August CPI, Lifting Odds of Fed Rate Increase

   August CPI showed persistent price gains and a hotter-than-expected core reading, pushing 2- and 10-year yields near multiyear highs and lifting Fed

2. Kevin Warsh Faces Credibility Test After Hot August CPI Ahead of Rate Decision

   August CPI forces Kevin Warsh to decide whether to act on his inflation warnings or risk fresh doubts about his control of the Federal Reserve.

3. Assets in Tax-Aware Long-Short Strategies Rise Past $170 Billion

   Tax Alpha Insider reports assets tied to tax-aware long-short strategies have climbed above $170 billion, marking a substantial expansion of the

4. Bundesbank Chief Links Future Rate Hikes to Energy Prices

   Joachim Nagel said any move into restrictive interest-rate territory is "very much dependent on how the energy prices evolve."

5. FIA Assesses Honda’s Global Safety Governance Across 17 Countries

   The FIA’s Road Safety Index evaluated Honda’s safety governance and strategy across 17 countries, and it does not rate individual crash tests.

6. Passenger Car Imports Lift Nigeria’s Import Bill to ₦1.18 Trillion in H1 2026

   Nigeria’s passenger motor car imports rose 145.6% year-on-year to ₦1.18 trillion in the first half of 2026, a sharp rise in import spending.

7. European Startups Use Nanotech To Win High-Margin Battery Role

   Nanometre-scale anodes and coatings could let European firms capture higher-margin parts of the battery chain, but commercialisation is slow and

8. Collaborative Fund Uses D.C. United Stake To Turn Audi Field Into Portfolio Channel

   Collaborative Fund bought a stake in D.C. United and Audi Field, aiming to use the stadium as a live distribution channel for portfolio brands.

9. Mark Wahlberg Reveals Investment Playbook to Startups at Disrupt 2026

   Wahlberg will sit with Bruce K. Lee on the Disrupt main stage to explain how he built an institutional investing approach and where he’s focusing.

10. Ford Will Spend $1 Billion to Modernize Paint Shop at Kentucky Truck Plant

    Ford will spend $1 billion to build a new paint shop at its Kentucky Truck Plant, replacing existing operations after federal scrutiny of China ties.

11. Proxima Fusion Builds €140 Million HTS Tape Plant to Secure Reactor Supply

    Germany’s Proxima Fusion will build a €140 million factory to make fusion-grade HTS tape for its demonstration and commercial reactors.

12. 10-Year Treasury Yield Rises to 4.926% as Oil Tops $100, Raising Inflation Risk

    The 10-year Treasury yield reached 4.926%, the highest since November 2023, as oil topped $100 and investors eye Friday's CPI and next week's Fed

13. Oil Rises to $105, Driving Bond Yields to Multi-Decade Highs

    Brent crude hit $105 as US-Iran fighting disrupts Gulf flows, lifting wholesale gas and sending UK and US long-term borrowing costs to decades highs.

14. NERC Orders DisCos To Remit Up To 60% Of OpEx To CapEx, Tightens Debt Timetable

    NERC requires DisCos to channel at least 60% of earned non-admin OpEx into CapEx from Feb 2027, with phased starts for debt-free firms.

15. PressOne Turns Fast Sign-Ups Into Paying Cloud Telephony For Nigerian SMEs

    PressOne moved beyond rapid sign-ups to build a subscription business that gives small Nigerian firms enterprise-grade phone systems.

16. Google Purchases 1 Million Rice‑Methane Credits, Scales Mitti Labs To 100,000 Hectares

    Google agreed to buy 1 million carbon credits from Mitti Labs through 2030, backing rice‑methane reductions across Karnataka, Andhra Pradesh and

17. ECB Raises Deposit Rate to 2.5%, Keeps Door Open to Further Hikes

    The European Central Bank lifted its deposit rate by 25 basis points to 2.5% and warned geopolitical and energy shocks could keep inflation above

18. European Founders Demand Lawmakers Preserve EU Inc to Unlock Investment

    Founders and leading VCs warned in an open letter that EU Inc must not be watered down, arguing the statute could cut fragmentation and unlock

19. Weak Market Architecture Keeps Africa's Factories From Creating Value

    UNCTAD data shows 76.7% of Africa's merchandise exports were primary goods in 2025; weak distribution, finance and shelf access block industrial

20. Primark to Offer Home Delivery After Buying Sheffield Fulfilment Centre, Testing Profitability

    Primark will ship orders to homes across Great Britain after buying a Sheffield fulfilment centre, aiming to revive sales and support growth.

21. TSMC Posts Record August Revenue NT$514.8 Billion, Signals Strong AI Demand

    August sales rose 53.3% to NT$514.8 billion as AI server processor demand keeps TSMC’s advanced-node capacity fully booked.

22. Heating Oil Spike Forces Rural Households to Weigh Costly Top-Ups

    A 1,000-litre delivery costs 97.05p, up 85% since September, leaving 1.5m households outside the price cap to decide whether to buy now.

23. Rising Stocks and Falling Bonds Leave Portfolios Riskier, Advisers Urge Rebalancing

    Stocks are near highs while long-term bond funds have fallen; advisers say rebalancing to target allocations reduces unintended equity exposure.

24. MTN Nigeria Passes 100.86 Million Subscribers, Captures 51.7% of Market

    MTN Nigeria reached 100.86 million subscribers in July, the first African operator to top 100 million, strengthening its lead with 51.7% of active

25. NAFDAC Removes 7,210 Products, Defends Enforcement Amid Fake-Product Fears

    NAFDAC says it removed 7,210 products after inspecting 6,233 facilities between May and July 2026, and urges scientific verification over social

26. FCCPC Rules Push Instant Loans To Dry Up, Lenders Shift To Safer Borrowers

    Enforcement of the FCCPC’s DEON rules and rising costs have throttled unsecured nano lending, prompting a move to instalments and business loans.

27. Visa Adds Unified Fraud Score, Claims It Detects Over 50% More A2A Fraud Before Funds Leave Accounts

    Visa embedded Featurespace into A2A Protect to create a unified fraud score, saying it finds over 50% more fraud and cuts unnecessary alerts by over

28. Google Invests €13 Billion in Finland, Cementing Its Role as Europe's AI Hub

    Google will invest at least 13 billion euros ($15.1 billion) through 2028 in Finnish data centers and energy projects, its largest Europe commitment.

29. Verdant Says UK Datacentre Build Will Deliver Only A Quarter Of TechUK Jobs

    Verdant calculates planned UK datacentres would directly employ about 10,400 people, roughly 25% of the 40,000 jobs TechUK projects.

30. Pound Risks Further Weakness as BOE Turns Dovish Ahead of Burnham’s Budget

    Sterling’s recent outperformance may reverse as the Bank of England turns dovish while the ECB and Fed prepare hikes before Oct. 28 budget.

31. CloudNC Raises $20 Million To Scale CAM Assist and Launch Quote Agent

    The $20 million extension funds wider adoption of CAM Assist, beefs up U.S. go-to-market efforts, and backs the launch of Quote Agent next month.

32. Asia’s Ultra‑Rich Shift Into Gold And Digital Assets, Sending Bullion Back To Singapore

    Wealthy Asians are expanding into gold and digital assets, shipping bullion from Dubai to Singapore and buying property in Malaysia.

33. Meta Ran 78 AI-Altered Child Abuse Ads in India After Government Order

    A US research group found 332 paid ads with AI-manipulated child sexual abuse imagery on Meta platforms; 84 ran in India, 78 after New Delhi ordered

34. Employees Lose Ground After Firms Tie Promotions to AI Fluency

    Firms are linking pay and advancement to AI use and training completion, rewarding tool fluency while experienced staff risk being overlooked.

35. Erin Atkinson Writes Will, Eases Legal Burden on Family

    Erin Atkinson left her £7,000 car to her sister and pledged a gift to an endometriosis charity, saying a will makes life easier for family.

36. Qualcomm Issues Amazon $4 Billion Warrant, Strengthening Its Data-Center Bid

    Amazon received warrants to buy 25 million Qualcomm shares worth $4 billion, backing Qualcomm's push into data-center CPUs for AI inference.

37. CBN Elevates Terrorism-Financing Supervision, Triggers Tighter Bank Scrutiny

    The Central Bank of Nigeria made terrorism-financing oversight a supervisory priority, ramping up examinations of banks' controls and reporting.

38. Sapporo Moves Non-Alcoholic Beer Production to US to Avoid 50% Canadian Tariff

    Sapporo will shift production of its non-alcoholic beer from Canada to the US by mid-2027 to sidestep a newly imposed 50% tariff.

39. LIV Golf Files Chapter 11, Paves Way for Player Majority Ownership

    LIV Golf filed for Chapter 11 and reached a restructuring support agreement with BC Partner Advisors LP. The plan would leave players as majority

40. Governor Okpebholo Awards ₦50 Million To Edo Queens After Double Title Wins

    Okpebholo pledged ₦50 million to Edo Queens after they won the 2025/26 NWFL and the 2026 WAFU-B Women’s Champions League.