Economy
Global Markets Face Mixed Week as Volkswagen and ByteDance Dominate Headlines
Global financial markets wrapped up another eventful week with contrasting performances across major indices. The S&P 500 and Nasdaq charted separate courses while...
Chinese Economic Influence Threatens Indonesia’s Independent Foreign Policy, Analysis Shows
Indonesia's traditional commitment to an independent, non-aligned foreign policy faces mounting pressure as Beijing's economic footprint expands across the archipelago nation's most strategic...
Tata Consultancy Services Commits $7.4 Billion to Massive AI Data Centre in India
Tata Consultancy Services has announced a staggering $7.4 billion commitment to build an AI data centre campus in Hyderabad, southern India. The investment,...
Federal Government Launches Trade Sensitisation Programme for North East Businesses
The Federal Government has kicked off a nationwide sensitisation programme aimed at connecting Nigerian businesses with trade opportunities under the Economic Community of...
Wall Street Holds Steady as Markets Await Critical August Jobs Report
American stock futures traded in a tight range Friday morning as investors braced for the August employment report, a key indicator that could...
US Economy Adds 162,000 Jobs in August, Crushing Wall Street Forecasts
The United States labour market delivered a stunning surprise in August, adding 162,000 jobs and shattering every Wall Street prediction. The Bureau of...
Malawi Launches Domestic Financing Strategy as Foreign Aid Set to Decline After 2030
Malawi's government has introduced a domestic financing strategy to protect its social safety nets as the nation prepares for a steep decline in...
Uber Exits Nigeria After 12 Years as Drivers and Analysts Point to Competition and Business Model Flaws
After 12 years of operation, Uber has withdrawn from Nigeria's ride-hailing market, leaving thousands of drivers and millions of users scrambling for alternatives....
Uganda Names Crude Oil Blend Pearl Sweet as Commercial Production Nears
Uganda has officially christened its crude oil blend Pearl Sweet, marking a critical step toward commercial production by the end of 2026. The...
Italian High Speed Trains Begin European Expansion as Fire Damages Palermo Shopping Centre
Italy's state railway company has launched trial runs of its distinctive Frecciarossa high speed trains beyond national borders, marking a significant step toward...
