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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
BUSINESSOct 7DeepSeek eyes doubling latest funding round to $15B: reportDeepSeek is reportedly considering doubling its latest funding round to $15 billion. This indicates a significant potential financial expansion for the company.Seeking Alpha Tech
BUSINESSOct 7Record bets against the euro: how low could it fall amid France's fiscal crisis and Europe's energy shock?The euro hit a 17-month low as French debt fears and Europe's energy shock weigh on the currency. Bond market stress could limit further ECB rate hikes, while analysts see scope for the euro to fall to $1.10 if the pressure intensifies.EuroNews [en]
BUSINESSOct 7Ballard secures 4.8 MW order for Romania’s first hydrogen train fleetBallard has secured a 4.8 MW order to provide technology for Romania's first hydrogen train fleet. This represents a significant step in the adoption of hydrogen technology in transportation in Romania.Seeking Alpha Tech
BUSINESSOct 7India’s central bank hikes rates for the first time since 2023 as inflation risks buildHSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.CNBC
BUSINESSOct 7After Amul row, Nandini milk parlours to come up in 30 locations outside metro stations and 90 other locations in GBA limitsMilk and paneer are two essential and daily commodities for people. Hence, locating parlours outside parks, metro stations, playgrounds, etc. will help people buy products as and when they need it, says an official of Karnataka Milk FederationThe Hindu
BUSINESSOct 7Village Super Market GAAP EPS of $0.92, revenue of $609.6MVillage Super Market reported its GAAP EPS as $0.92 and revenue as $609.6M. This provides an update on the company's financial performance.Seeking Alpha Tech
BUSINESSOct 7Messi is already thinking about his life after football: this is the business he wants to dedicate himself to when he definitively retires from the fieldsEl argentino habló sobre su futuro y sus movimientos empresariales muestran que su siguiente etapa podría estar lejos de los banquillos.El Tiempo
BUSINESSOct 7US firm ArriVent’s plunge shows risks facing China’s biotech expansion into global marketsUS firm ArriVent BioPharma’s shares plummeted after a late-stage trial failure involving a cancer drug licensed from China, a setback that analysts said highlighted the challenges facing Chinese biotech companies expanding overseas. New York-listed ArriVent closed down nearly 47 per cent on Tuesday after reporting that its cancer treatment firmonertinib failed to meet its main goal in a phase 3 trial. Firmonertinib was originally developed by Shanghai Allist Pharmaceuticals to treat non-small...South China Morning Post
BUSINESSOct 7HSBC to cut UK wealth roles, financial advisers down ~70%: FTHSBC reportedly plans to reduce its wealth roles and the number of financial advisors in the UK by approximately 70%. This move indicates a significant restructuring within the bank's operations.Seeking Alpha Tech
BUSINESSOct 7SpaceX seeks $40B in Apollo-led deal to buy Nvidia chips, FT reportsSpaceX is reportedly pursuing a $40 billion deal, led by Apollo, to acquire Nvidia chips. This potential transaction highlights a major investment in chip technology for SpaceX.Seeking Alpha Tech
BUSINESSOct 7Robust AI spending sets investors up for another bumper US earnings seasonS&P 500 earnings are forecast to rise 27% against a backdrop of stock market highs and elevated longer-term borrowing costsFinancial Times
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