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Business6d agoTreasury yields fall as investors crowd into bonds for safety amid election stock sell-offTreasury yields fell on Tuesday night, as investors sought shelter from a sell-off in equity futures sparked by big victories from Democrats in the U.S. midterm elections.CNBC
Business6d agoBlock in charts: GPV growth speeds up to 14% in Q3, best since Q1 2023Block's Gross Payment Volume (GPV) grew by 14% in Q3, marking its best performance since Q1 2023. This indicates strong recent growth for the company.Seeking Alpha Tech
Business6d agoUnion Cabinet to discuss capex support for critical mineral processing, VGF for RE grid-scale storage systemThe Hindu had learnt previously that the potential scheme could provide support of about 30% for setting up of these processing plantsThe Hindu
Business6d agoAhold Delhaize Non-GAAP EPS of €0.69, revenue of €23.1B; updates FY2026 outlookAhold Delhaize reported a Non-GAAP EPS of €0.69 and revenue of €23.1 billion, and has updated its financial outlook for fiscal year 2026. This provides an update on the company's financial performance and future projections.Seeking Alpha Tech
Business6d agoAFIS 2026: Mary Vilakazi, from Alexandra township to the top of FirstRand, named Banker of the YearPremière femme à diriger le géant bancaire sud-africain FirstRand, la native d’un quartier défavorisé de Johannesburg a rapidement occupé des postes à responsabilité. Aujourd’hui, elle pousse son groupe à innover, en investissant notamment dans la transition verte.Jeune Afrique
Business6d agoDollar to Naira exchange rate today, November 4, 2026The dollar-to-naira exchange rate remains a major focus for businesses, importers and Nigerians seeking to meet their foreign exchange needs on Wednesday, November 4, 2026. The post Dollar to Naira exchange rate today, November 4, 2026 appeared first on Vanguard News.Vanguard Nigeria
Business6d agoBlock settles DOJ laundering probe for $964MBlock has reached a settlement of $964 million with the Department of Justice regarding a money laundering investigation. This resolves a legal probe into the company's financial activities.Seeking Alpha Tech
Business6d agoCVS to split into two publicly traded companies - reportCVS is reportedly planning to split into two publicly traded companies. This indicates a major corporate restructuring for the retail pharmacy giant.Seeking Alpha Tech
Business6d agoOperator should be marked down for tenders after mass parking meter glitch: expertsHong Kong authorities should waive relevant fines and introduce a penalty mechanism for the parking meter operator after a four-hour outage disabled about half of the city’s meters, an industry expert and a lawmaker have suggested. They also called for clearer refund terms for Octopus card users on Wednesday, a day after the government promised to return fees to affected drivers. A back-end glitch cut off communication with about 11,000 parking meters from 8.20am to 12.15pm on Tuesday. The...South China Morning Post
Business6d agoStock futures drop as Wall Street confronts the ‘blue tsunami’ threat to the AI boomStocks had their best day in months. Shares of Elon Musk’s SpaceX and Tesla declined, however, after the billionaire spent heavily to support Republicans.NBC News
Business6d agoNigeria’s high production costs threaten industrial competitiveness — FeeseBy Favour Ulebor, Abuja The Nigeria Economic Summit Group has warned that high production costs, unreliable electricity and poor logistics infrastructure are undermining Nigeria’s industrial competitiveness, calling for a council within the Presidency to coordinate industrialisation policies. Co-facilitator of the NESG, Lumun Feese, said Nigeria needed a coordinated approach to industrial development to address structural […] The post Nigeria’s high production costs threaten industrial competitiveness — Feese appeared first on Vanguard News.Vanguard Nigeria
Business6d agoAsian markets mixed as tech stocks slide and US midterm news weighs on equitiesAsian markets showed mixed performance as technology stocks experienced declines and news from US midterm elections influenced equities. This indicates the interconnectedness of global financial markets and political events.Seeking Alpha Tech
Business6d agoPetrol hits N1,370/litre as depot prices riseBy Udeme Akpan The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to N1,370 per litre in Lagos, following fresh increases in depot prices across major supply locations. Checks by Vanguard on Tuesday showed that MRS and NNPC filling stations sold petrol at N1,360 per litre, while Mobil sold at […] The post Petrol hits N1,370/litre as depot prices rise appeared first on Vanguard News.Vanguard Nigeria
Business6d agoED raids 11 locations in Keralam, Tamil Nadu over alleged money laundering linked to BLM cooperative societySearches at locations in cities, including Kochi, Kozhikode and Chennai, linked to R. Premkumar, founding member and de facto chairman and managing director of BLM, and some othersThe Hindu
Business6d agoNIMASA threatens sanctions over missing marine incident reportsBy Godwin Oritse The Nigerian Maritime Administration and Safety Agency (NIMASA) has threatened sanctions against Port Facility Security Officers (PFSOs) who fail to properly report marine security incidents, warning that bypassing approved reporting channels constitutes a breach of international port security rules. The warning followed concerns that incident reports from port facilities were being sent […] The post NIMASA threatens sanctions over missing marine incident reports appeared first on Vanguard News.Vanguard Nigeria
Business6d agoNigeria’s exports  record 25% increase in 2yrs  — NPABy Godwin Oritse Nigeria’s exports have increased by 25 per cent in the last two years, driven by Federal Government reforms and improved collaboration with port terminal operators, the Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has said. Speaking at the ongoing Annual World Ports Conference in London, organised by the […] The post Nigeria’s exports record 25% increase in 2yrs — NPA appeared first on Vanguard News.Vanguard Nigeria
Business6d agoLG reinforces leadership in  refrigerator market with Brandcom awardLG Electronics has strengthened its position in Nigeria’s home appliance market following the recognition of its MoodUP™ Refrigerator at the BRANDCOM awards 2026 in Lagos. The award recognises the refrigerator’s distinctive design and smart features, including customisable LED door panels and smart connectivity, which allow users to personalise their kitchen experience. Beyond its aesthetics, LG’s […] The post LG reinforces leadership in refrigerator market with Brandcom award appeared first on Vanguard News.Vanguard Nigeria
Business6d agoAustralian services PMI hits 7-month low of 48.5; Ai Group manufacturing index plungesAustralia's services Purchasing Managers' Index (PMI) has reached a seven-month low of 48.5, while the Ai Group manufacturing index has also sharply declined. This suggests a significant slowdown in both the services and manufacturing sectors of the Australian economy.Seeking Alpha Tech
Business6d agoUnilever eyes €1B in savings as post-spin-off restructuring gathers paceUnilever is reportedly aiming for €1 billion in savings as its post-spin-off restructuring efforts accelerate. This move signals a significant corporate financial strategy aimed at efficiency and cost reduction.Seeking Alpha Tech
Business6d agoAsian stocks and dollar fall as Democrats gain ground in US midtermsTechnology shares led losses in Asia as investors weighed the prospect of tighter AI regulation and political gridlock in Washington. Oil prices also fell.EuroNews [en]
Business6d agoUltragenyx outlines 2027 profitability plan with R&D under $350M and SG&A under $375M following GTX-102 discontinuationUltragenyx has detailed its plan for achieving profitability by 2027, setting specific targets for R&D and SG&A spending after discontinuing a particular drug. This outlines the company's strategic financial direction.Seeking Alpha Tech
Business6d agoChina’s services PMI misses expectations at 50.8 in October, composite PMI drops to 52.0China's services Purchasing Managers' Index (PMI) missed expectations in October at 50.8, while the composite PMI dropped to 52.0. This indicates a slowdown in China's service sector and overall economic activity, which could impact global markets.Seeking Alpha Tech
Business6d agoPfizer raises 2026 outlook to $62B-$64B revenue and $2.95-$3.05 adjusted EPS, targeting high single-digit revenue CAGR from 2028-2033Pfizer has increased its financial outlook for 2026, projecting revenues between $62 billion and $64 billion and adjusted earnings per share of $2.95 to $3.05. The company also aims for a high single-digit compound annual growth rate for revenue from 2028 to 2033.Seeking Alpha Tech
Business6d agoChinese firms’ third-quarter dividend growth lags global average amid market slumpChinese listed firms’ third-quarter dividend payments lag behind the global average, according to a report by Capital Group, throwing doubt over the effectiveness of Beijing’s ongoing stock market stabilisation plans. In China, dividends only rose 5.3 per cent on a core basis in the third-quarter, compared with global growth of 7.5 per cent, according to the Dividend Watch report released by Capital Group on Wednesday. Globally, 88 per cent of companies in the Capital Group index increased...South China Morning Post