Economy
Tony Elumelu Reveals How He Started His Career in a Job He Wasn’t Qualified For
Chairman of Heirs Holdings, Tony Elumelu, has shared how he began his professional career by taking up a banking job for which he...
Turkey’s $20 Billion Investment Fund Boom Unravels in Market Crisis
Turkey’s investment fund industry is facing a major crisis after regulators ordered the liquidation of 131 funds holding more than $20 billion in...
Intesa Raises MPS Takeover Offer, Warns Bid Could Be Withdrawn
Italy’s Intesa Sanpaolo has increased the cash component of its takeover offer for rival Monte dei Paschi di Siena (MPS), offering shareholders an...
Chinese Automakers Expand in Argentina as Sales Surge
Argentina is seeing a rapid increase in Chinese vehicle sales as the country opens its automotive market to greater competition, with more than...
Fed Seen Skipping October Rate Hike as US Job Market Cools
Federal Reserve policymakers have stronger reason to hold interest rates steady at their October meeting after US employment growth slowed sharply in September,...
Europe Agrees to Release Diesel Reserves as Fuel P
The Group of Seven agreed to a coordinated release of 100 million barrels of crude oil and diesel through the International Energy Agency....
OPEC+ Delays Oil Capacity Review as Iran War Disrupts Expansion Plans
The assessment was originally scheduled for completion by the end of September 2026 but is now expected to be finished by mid-November. The...
Nike’s Struggles Test Investor Confidence in CEO Elliott Hill’s Turnaround
Nike’s market value and earnings have fallen sharply since Hill returned to the company in October 2024. On Thursday, the sportswear giant announced...
