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BUSINESS4d agoNokia divests Enterprise Campus Edge unit to AURELIUSNokia has divested its Enterprise Campus Edge unit to AURELIUS. This represents a significant transaction in the telecommunications and enterprise technology sectors.Seeking Alpha Tech
BUSINESS4d agoFuel prices: Sébastien Lecornu promises €10 cut per fill-upIn France, pump prices are among the highest in the European Union. The government has moved to cut the price per litre by 12 to 18 centimes, the Prime Minister said on Monday.EuroNews [en]
BUSINESS4d agoJUST IN: IMF increases Nigeria’s growth forecasts to 4.2%, warns higher prices will aggravate poverty, food insecurity“Nigeria is supported by improved macroeconomic stability and favourable terms-of-trade effects, though higher prices for essentials are expected to further aggravate poverty and food insecurity,” the IMF said in its report Tuesday. The post JUST IN: IMF increases Nigeria’s growth forecasts to 4.2%, warns higher prices will aggravate poverty, food insecurity appeared first on Premium Times Nigeria.Premium Times
BUSINESS4d agoGermany news: Economy set for stronger growth, wine harvest hit by droughtGermany's economic outlook is looking a little brighter, with the International Monetary Fund almost doubling its growth forecast. However, Germany's winegrowers are facing another disappointing harvest. DW has more.DW News [en]
BUSINESS4d agoStellantis Q3 shipments slip to 1.3M units amid North American slumpStellantis's third-quarter shipments decreased to 1.3 million units, primarily due to a decline in the North American market. This indicates a challenging quarter for the automotive manufacturer.Seeking Alpha Tech
BUSINESS4d agoLufthansa Group boosts Japan network with up to 50 flights per week from summer 2027Due to a ‘strong increase in demand’, the group’s airlines will offer up to 50 weekly flights to four Japanese airports next summer.EuroNews [en]
BUSINESS4d agoGermany's inflation climbs to 3.3% as energy costs jumpGermany's inflation rate has risen to 3.3% due to increasing energy costs. This indicates a significant economic development that affects consumers and the broader economy.Seeking Alpha Tech
BUSINESS4d agoVisa gets Beijing's green light for bank card business after 40 years of working with ChinaThe incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.CNBC
BUSINESS4d agoTencent prepares $4.5B+ dollar and yuan bond offering for AI capexTencent is reportedly preparing a multi-billion dollar bond offering in both dollar and yuan currencies, intended to fund capital expenditures related to artificial intelligence. This signifies a major investment by the company in AI technology.Seeking Alpha Tech
BUSINESS4d agoDollar to Naira exchange rate today, October 13, 2026The Nigerian Naira continues to reflect mixed movements across the foreign exchange market as businesses and individuals monitor currency values on Tuesday, October 13, 2026. The post Dollar to Naira exchange rate today, October 13, 2026 appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoDangote Refinery targets 1.4mbpd capacity by 2029By Daniel Abia PORT HARCOURT — President of Dangote Group, Aliko Dangote, has said the Dangote Petroleum Refinery plans to increase its production capacity from 500,000 barrels per day to 1.4 million barrels per day by early 2029. The company has also assured small investors that they would be accommodated in its ongoing initial public […] The post Dangote Refinery targets 1.4mbpd capacity by 2029 appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoNigeria targets over 4% growth as reserves top $54bn — FGBy Chidinma Chukwu, Abuja The Federal Government has projected economic growth of more than four per cent in 2026, with external reserves exceeding $54 billion and inflation declining to about 15 per cent, citing the figures as evidence of progress under President Bola Tinubu’s economic reforms. The Minister of Information and National Orientation, Mohammed Idris, […] The post Nigeria targets over 4% growth as reserves top $54bn — FG appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoIMF Urges Targeted Cash Transfers For Nigeria’s PoorThe Economic Counselor at the Fund, Silvana Tenreyro, also projected Nigeria’s growth as 4.3 per cent by 2027, outpacing advanced economies like the United Kingdom, Canada and Germany. The post IMF Urges Targeted Cash Transfers For Nigeria’s Poor appeared first on Channels Television.Channels TV
BUSINESS4d agoBroadcom CEO sees viable OpenAI business but warns of AI funding constraintsThe CEO of Broadcom believes OpenAI's business model is viable but also cautioned about potential funding limitations for artificial intelligence development.Seeking Alpha Tech
BUSINESS4d agoWhy Haidilao’s US$14.9 million credit line to founder is fuelling China tax speculationHaidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), a move that has raised market speculation as investors closely watch Beijing’s October 22 deadline for offshore trust taxation. The Hong Kong-listed hotpot chain said in a stock exchange filing on Monday night that it would fund the loan from internal resources and charge interest at 0.6 percentage points above the...South China Morning Post
BUSINESS4d agoMiddle East and Central Asia’s economy to shrink in 2026 amid war, IMF saysIraq, Bahrain, Kuwait and Qatar face double-digit declines in GDP amid the fallout from the US-Israel war on Iran.Al Jazeera [en]
BUSINESS4d agoPublicis Groupe S.A. reports Q3 results; reaffirms FY2026 guidancePublicis Groupe S.A. announced its third-quarter financial results and reaffirmed its fiscal year 2026 guidance, providing an update on its financial performance.Seeking Alpha Tech
BUSINESS4d agoMDA Space gains Czech arms maker CSG as largest shareholder in 9.5% dealMDA Space has gained Czech arms maker CSG as its largest shareholder following a 9.5% deal. This transaction signifies a significant investment and change in ownership structure for the space company.Seeking Alpha Tech
BUSINESS4d agoAsian markets mixed as tech sell-off and AI concerns weigh; RBA minutes and IMF outlook in focusAsian markets are experiencing mixed results due to a tech sell-off and concerns about AI, with the Reserve Bank of Australia minutes and the IMF outlook being key factors. This matters as it reflects the current economic climate and future financial outlook.Seeking Alpha Tech
BUSINESS4d agoADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, DownstreamADNOC supplied more than 500,000 barrels of crude a day to India in 2025, “almost one in ten barrels of [India’s] crude imports”. The company is exploring opportunities with ISPRL to expand storage of crude oil, LNG and LPG, including strategic reservesThe Hindu
BUSINESS4d agoFood makers turn to plant-based alternatives as seafood prices riseOne company in Hyogo Prefecture began offering a plant-based product to substitute Akashi brand octopus after prices for it skyrocketed.japantimes · japan
BUSINESS4d agoWhat Does GWA Group (ASX:GWA) Offer in Lead-Free Tapware and Commercial Fixtures? - Kalkine MediaGWA is expanding lead-free tapware and commercial bathroom fixtures sold through plumbing merchants. What it offers and the key risks.kalkinemedia · australia
BUSINESS4d agoFG pays N1.23trn power debt, targets full settlement next yearThe Federal Government has paid N1.23 trillion of its legacy debts to power generation companies (Gencos) through bonds, with the outstanding balance expected to be cleared next year. The Minister of Power, Joseph Tegbe, disclosed this at the Harvard Business School Association of Nigeria (HBSAN) Energy Conference in Lagos. He said the government was committed […]dailytrust · nigeria
BUSINESS4d agoAnthropic explores Australia expansion with focus on regional data center sites - reportAnthropic is reportedly considering expanding into Australia, focusing on establishing regional data center sites. This indicates potential growth for the company and investment in Australia's technology infrastructure.Seeking Alpha Tech