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BUSINESSOct 7World Bank: Fuel price to slow Nigeria’s poverty reduction•Says rising pre-election spending may derail reforms •Raises Nigeria’s 2026 growth forecast to 4.3% •Projects 15.7% inflation rate for 2026 •44% of firms in Nigeria, Kenya adopt AI, power constraints threaten gains By Babajide Komolafe, Economy Editor  The World Bank has warned that elevated fuel prices could slow Nigeria’s poverty reduction efforts despite an expected […] The post World Bank: Fuel price to slow Nigeria’s poverty reduction appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 7AgriGold victims asked to produce original bonds for verificationThe original documents will only be examined and need not be surrendered, the CID clarifiesThe Hindu
BUSINESSOct 7Japan’s Rapidus faces uphill battle to fill its $15B chip factoryJapan's Rapidus faces a challenging task to staff its $15 billion chip factory. This highlights a significant hurdle in a major industrial investment.Seeking Alpha Tech
BUSINESSOct 7Has Russia’s fuel crisis given Iranian oil an opening in Central Asia?Iran's oil exports have struggled amid a US blockade. A Russian energy crisis because of Ukrainian attacks could help.Al Jazeera [en]
BUSINESSOct 7Telangana RTC slashes Pushpak Airport bus fares, effective from October 7The Hindu
BUSINESSOct 7Figure Technology posts 107% Y/Y surge in Q3 consumer loan marketplace volume to $5.12BFigure Technology reported a significant year-over-year increase in its Q3 consumer loan marketplace volume. This indicates strong growth for the company in the financial sector.Seeking Alpha Tech
BUSINESSOct 7Shell forecasts Q3 upstream output of up to 1.84M boed, $300M write-offShell has forecast its Q3 upstream output and also indicated a significant write-off for the quarter. This provides an update on the company's financial performance and operational outlook.Seeking Alpha Tech
BUSINESSOct 7Finland orders halt to work on Google data centre sitesFinnish opposition has called for measures to prevent power shortages, soaring energy prices caused by data centres.Al Jazeera [en]
BUSINESSOct 7Scage Future announces 1-for-15 reverse ADS ratio changeScage Future has announced a change in its ADS ratio, implementing a 1-for-15 reverse split.Seeking Alpha Tech
BUSINESSOct 7Oil climbs as U.S. storm and Houthi attacks raise supply concernsOil prices are increasing due to concerns over supply disruptions stemming from a storm in the U.S. and ongoing Houthi attacks.Seeking Alpha Tech
BUSINESSOct 7How Verifactu will affect Spanish SMEs and self-employed after its delayThe Government's delay in bringing the Verifactu e-invoicing system into force gives firms and the self-employed more time, but fuels uncertainty over its rollout.EuroNews [en]
BUSINESSOct 7Dollar to Naira exchange rate today, October 7, 2026The Nigerian naira weakened against the United States dollar in the parallel market on Wednesday, October 7, 2026, while the local currency strengthened at the Nigerian Foreign Exchange Market (NFEM). The post Dollar to Naira exchange rate today, October 7, 2026 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 7Asia markets slip amid softening Chinese reserves and persistent energy cost pressuresAsian markets are declining due to weakening Chinese reserves and ongoing pressures from energy costs. This indicates significant economic shifts affecting a major global region.Seeking Alpha Tech
BUSINESSOct 7UBS only European bank in top 10 of AI adoption as JPMorgan Chase leadsUBS is now the only European lender among the top 10 banks judged most advanced in adopting artificial intelligence, after HSBC dropped out of the top tier of the Evident AI Index, while JPMorgan Chase widened its lead and North American banks tightened their grip.EuroNews [en]
BUSINESSOct 7Keralam to join hands with NTPC to set up 2,000-MW battery energy storage system at KayamkulamKeralam also seeks dedicated power plant at meeting between Chief Minister V.D. Satheesan and NTPC officials in New DelhiThe Hindu
BUSINESSOct 7Bhubaneswar-based CSM Technologies deploys royalty management system for Kenyan mineral sectorSince natural wealth has huge public value impacting future generations of a nation, it is important to build a transparent and technology-driven royalty administration system, says CSM MD Priyadarshi PanyThe Hindu
BUSINESSOct 7Japanese nominal wages keep pace above 3% in August; foreign reserves shrink to $1.18TJapanese nominal wages maintained a growth rate above 3% in August, while the country's foreign reserves decreased to $1.18 trillion. This indicates key economic trends in Japan.Seeking Alpha Tech
BUSINESSOct 7Singapore's Temasek warns of the ‘biggest risk’ facing markets right nowUnwinding of the artificial intelligence trade poses the biggest risk to markets, according to Singapore state-owned investment giant Temasek.CNBC
BUSINESSOct 7Vaxcyte prices $500M equity offering and $500M convertible notesVaxcyte has priced a $500 million equity offering and $500 million in convertible notes. This represents a significant financial move for the company to raise capital.Seeking Alpha Tech
BUSINESSOct 7Boston Dynamics taps former Amazon executive Rohit Prasad as CEOBoston Dynamics has appointed Rohit Prasad, a former Amazon executive, as its new CEO. This marks a significant leadership change for the robotics company.Seeking Alpha Tech
BUSINESSOct 7Last chance saloon: EU presses China for a sign to prove trade talks can workThe European Union’s top trade mandarins depart for Beijing on Wednesday for two days of intensive negotiations but expectations in Brussels are measured as to what the talks will deliver. Maros Sefcovic, the EU’s trade chief, will meet his Chinese counterpart Wang Wentao on Thursday and Friday – three months after their last encounter in Brussels, when the Europeans set an October deadline for signs of a rebalancing in the trading relationship. Non-stop working-level talks have proven...South China Morning Post
BUSINESSOct 7Grupo Aeroportuario del Pacífico September passengers down 7.3% to 4.08M amid capacity cutsGrupo Aeroportuario del Pacífico reported a 7.3% decrease in September passenger numbers, totaling 4.08 million, attributed to capacity cuts. This indicates a contraction in the airport group's operations and passenger traffic.Seeking Alpha Tech
BUSINESSOct 7Skydance restructures WBD debt after completing acquisitionSkydance restructured Warner Bros. Discovery's debt following the completion of an acquisition. This action reflects significant financial maneuvering in the media industry.Seeking Alpha Tech
BUSINESSOct 7Luxury developers flocked to the 'Hamptons of Hungary' — but some projects are stallingLake Balaton in south-west Hungary has been a popular vacation destination for decades, but average transaction prices are falling.CNBC