Economy
Where Is Nigeria’s Oil Windfall?
Nigeria’s rising oil revenues have sparked renewed questions over how the Federal Government is managing the country’s oil windfall and whether Nigerians are...
Spain’s Sánchez Calls Snap Election for November 29 Amid Political Deadlock
Spanish Prime Minister Pedro Sánchez has called an early general election for November 29, bringing forward a vote that was originally expected in...
Bain Capital Bets on Rising Demand for Sustainable Aviation Fuel
Bain Capital expects sustainable aviation fuel to become a major growth industry as governments introduce rules requiring airlines to increase their use of...
India Regulator to Reverse Part of Derivatives Settlement Rules After Trader Pushback
India’s markets regulator is preparing to partially reverse a new system for setting derivatives settlement prices after the changes triggered sharp price swings...
US Defence Stocks Slide Toward Bear-Market Territory as Investors Seek a Turning Point
US defence stocks have suffered their longest losing streak in two decades, with the sector now close to entering bear-market territory despite continued...
India Probes Soybean Imports Declared as Niger Over Suspected Tariff Evasion
Indian customs authorities are investigating a sharp rise in soybean imports declared as originating from Niger, amid suspicions that some of the shipments...
Raiffeisen Sees No Sign of Russia Seizing Its Business, CEO Says
Raiffeisen Bank International currently sees no indication that Russia plans to expropriate its business in the country, despite growing concerns over Western companies...
Revolut Valued at $115 Billion as Digital Bank Takes Aim at Europe’s Banking Giants
Revolut has reached a $115 billion valuation, making the London-based fintech Europe’s most valuable startup and placing it above established banking groups such...
