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BUSINESS17h agoAndhra Pradesh to hold three regional conferences ahead of CII Partnership SummitThe government has lined up 115 MoUs involving proposed investments of ₹79,628.04 crore and the potential to generate employment for 1,88,038 persons at the three upcoming conferences.The Hindu
BUSINESS17h agoIMF's Georgieva says US growth will not be enough to shrink debt - ReutersIMF calls for US to cut deficits amid bond woes, urges China to shift away from exports ReutersReuters World
BUSINESS17h agoThe global economy and the art of living dangerouslyIt would be nice to think that the world will become less shock-prone, but it probably won’tFinancial Times
BUSINESS17h agoCoreWeave targets ‘unlimited’ insurance money to fund AI build-outCo-founder eyes insurers’ vast capital for loans as the Nvidia-backed cloud provider seeks to fund the data centre build-outFinancial Times
BUSINESS17h agoJapanese banks and insurers return to domestic bonds as yields surgeInvestors are closely watching for signs that the country’s institutions may be starting to repatriate capital after decades hunting for returns overseasFinancial Times
BUSINESS17h agoWednesday’s Economic CalendarThis article refers to an economic calendar for Wednesday, which typically outlines upcoming financial events and data releases. It provides a schedule of economic information relevant to business and finance.Seeking Alpha Tech
BUSINESS17h agoShell to sell Nigeria’s domestic gas business to Vaaris EnergyShell announced the deal in a statement on Tuesday, noting the transaction forms part of the strategy to simplify its portfolio and concentrate investments on areas of competitive strength. The post Shell to sell Nigeria’s domestic gas business to Vaaris Energy appeared first on Premium Times Nigeria.Premium Times
BUSINESS18h agoChinese exports grow 36.3% in SeptemberLas exportaciones chinas crecieron un 36,3% en septiembre, mientras las importaciones aumentaron un 31%, impulsando el superávit comercial a cifras récord.El comercio exterior se destaca como pilar económico ante una demanda interna débil, con un superávit acumulado que podría romper marcas históricas.Clarín
BUSINESS18h agoWhy many Nigerians spend more on phone repairs than buying new phonesBy Miracle Onyemuwa The rising cost of smartphones in Nigeria is forcing more consumers to repair damaged devices rather than replace them with new ones. This is more so, as inflation and the depreciation of the naira continue to push phone prices higher. At Computer Village, Ikeja, phone repair shops are seeing increasing numbers of […] The post Why many Nigerians spend more on phone repairs than buying new phones appeared first on Vanguard News.Vanguard Nigeria
BUSINESS18h agoE-commerce, championing Nigeria’s digital journey?•Online shopping sector jumps 15 points to 75% in new report•Customer satisfaction hits 71% despite service quality decline in key sectors•Power, Public Sector trail at 51%, 53%By Prince Osuagwu E-Commerce appears to be one sector in Nigeria where customers are not complaining as much as they used to.While poor service continues to dog several sectors […] The post E-commerce, championing Nigeria’s digital journey? appeared first on Vanguard News.Vanguard Nigeria
BUSINESS18h agoNigeria loses $2bn yearly to cocoa value addition gap — FGBy Cynthia Alo & Kafayat Kokumo The Federal Government (FG) has said that Nigeria loses about $2 billion annually in potential value from cocoa because the country’s processing capacity is largely underutilised. Meanwhile, the International Institute of Tropical Agriculture (IITA), has said that West Africa needs high-yielding, climate-resilient cocoa varieties to improve productivity and protect […] The post Nigeria loses $2bn yearly to cocoa value addition gap — FG appeared first on Vanguard News.Vanguard Nigeria
BUSINESS18h agoGold prices hold firm ahead of US inflation data - ReutersGold drops over 1% as hot US inflation data boosts Fed hike bets ReutersReuters World
BUSINESS18h agoIndonesia’s Bali hit by fuel crisis as huge queues form at petrol stationsMotorists have been left queuing for hours at petrol stations across Indonesia’s resort island of Bali in recent days amid reports of a crippling fuel shortage. Long queues have been spotted all around the island, including in the capital Denpasar, Badung and Tabana, according to the Bali Post. On Tuesday, Bali Governor I Wayan Koster stressed that there was enough fuel to go around, suggesting that panic buying might have caused the shortages at the pumps. “People need to be patient because the...South China Morning Post
BUSINESS19h agoChina’s exports surge 36% as AI-related shipments boomImports soar by a third as high oil prices from Middle East conflict push up energy billFinancial Times
BUSINESS19h agoCheap transport fare: FG visits 2 CNG vehicle manufacturing firms in Anambra, seeks collaboration…Auto makers hail FG’s new policy on patronageBy Vincent Ujumadu Two auto makers in Anambra State, Innoson Vehicle Manufacturing, IVM, Nnewi, and Kojo Motors Auto Assembly, Umunya, have hailed the Federal Government’s new policy that has made it mandatory for Ministries, Departments and Agencies, MDAs, to patronize locally made vehicles. Officials of the two companies, […] The post Cheap transport fare: FG visits 2 CNG vehicle manufacturing firms in Anambra, seeks collaboration appeared first on Vanguard News.Vanguard Nigeria
BUSINESS19h agoTrump announces that Taiwan will buy 30% of Alaska pipeline gas for twenty yearsTaiwan will invest 4.4 billion dollars in the Alaska LNG project, securing 30% of the gas for 20 years, according to the American president. Trump promotes Measure 2 in Alaska and supports Senator Sullivan in his re-election. He also pardons three workshop owners for violating the Clean Air Act.Clarín
BUSINESS19h agoLocal, Intl stakeholders’ hails Oyedele on fiscal reformsBy Henry Ojelu Some local and international stakeholders in the petroleum and economic sectors have commended the Federal Government’s interventions to cushion the impact of rising petrol prices, while calling for transparency and effective implementation to ensure Nigerians benefit. The commendations followed recent measures announced by the Minister of Finance and Coordinating Minister of the […] The post Local, Intl stakeholders’ hails Oyedele on fiscal reforms appeared first on Vanguard News.Vanguard Nigeria
BUSINESS19h agoTaiwan agrees to buy 30% of gas from Alaska LNG project, Trump saysU.S. President Donald Trump said Tuesday that Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska.CNBC
BUSINESS19h agoBank of America hit with $1.2bn fine for money laundering failingsThe bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.BBC World
BUSINESS19h agoSouth Korean carmaker Hyundai plans 'strategic' investment of $15.5 billion in India by 2032Korean car company Hyundai says India is a strategic core marketCNBC
BUSINESS19h agoIMF dials up calls for urgent fiscal consolidation - ReutersIMF dials up calls for urgent fiscal consolidation ReutersReuters World
BUSINESS19h agoIMF warns higher borrowing costs are straining public finances worldwideRising sovereign debt and borrowing costs have prompted a fresh warning from the International Monetary Fund (IMF) about risks to the fiscal health of member countries, with 24-year highs in US Treasury yields expected to become one of the focal topics for central bankers and finance ministers gathering in Bangkok this week. The average yield on 10-year government bonds across the Group of Seven economies increased by more than 1 percentage point between February and September this year,...South China Morning Post
BUSINESS19h agoOpenAI Employee Arrested for Allegedly Planting Hidden Recorder in Executive Conference RoomA Saudi national and employee of OpenAI has been arrested for allegedly planting a hidden recording device in an executive conference room at the company's San Francisco offices to covertly record sensitive conversations. Abdulrahman Alfozan, 35, has been charged with using or endeavoring to use an electronic, mechanical, or other device to intercept oral communications. He was arrested byThe Hacker News
BUSINESS20h agoProducer prices in China rise at fastest pace since June 2022, beating expectationsThe increase was higher than the 4.5% expected by economists polled by Reuters, and higher than the 3.8% seen in the previous month.CNBC
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