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BUSINESS1d agoNaira Depreciation: Onafriq exits Nigeria’s agent bankingBy Juliet Umeh Pan-African technology company, Onafriq, has announced plans to wind down its agent banking business in Nigeria, operated under the Baxi brand by Onafriq Nigeria Payments Limited, citing inflation, naira depreciation and intensifying competition. The company said the economic pressures had increased operating costs and affected transaction volumes, while the rapid growth of […] The post Naira Depreciation: Onafriq exits Nigeria’s agent banking appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoSoftbank falls amid report it's evaluating bid for US security firm AlliedSoftbank's stock has fallen following a report that the company is considering a bid for a US security firm called Allied. This indicates a potential significant acquisition and market reaction for the company.Seeking Alpha Tech
BUSINESS1d agoWhat's next for Chinese EV competition?This article explores future developments in Chinese electric vehicle competition. It addresses an ongoing economic trend in the automotive sector.Seeking Alpha Tech
BUSINESS1d agoTSMC Arizona accelerates production timeline as earnings soarTSMC Arizona is accelerating its production timeline following a significant increase in its earnings. This reflects positive business growth and expanded manufacturing operations for the company.azbigmedia.com · United States
BUSINESS1d ago India needs 8 - 9 % growth to become a developed nation by 2047 India requires an annual economic growth rate of 8-9% to achieve developed nation status by 2047. This highlights a significant economic objective and its growth requirements for the country.economictimes.indiatimes.com · India
BUSINESS1d agoAES wins European Union approval for sale to GIM and EQT Fund ManagementSeeking Alpha Tech
BUSINESS1d agoN156 Billion Debt Recovery Suit: Stallion Group appeals ruling upholding UBA’s appointment of receiver/managerIn a statement issued on Friday and seen by PREMIUM TIMES, the group noted that it vehemently disagrees with the ruling and will pursue the appeal vigorously. The post N156 Billion Debt Recovery Suit: Stallion Group appeals ruling upholding UBA’s appointment of receiver/manager appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoCatalyst Watch: Meta earnings, Kroger event, and Black Monday turns 39Seeking Alpha Tech
BUSINESS1d agoEastman Chemical cut at J.P. Morgan as commodity spreads no longer favorableEastman Chemical's rating has been cut by J.P. Morgan due to unfavorable commodity spreads. This reflects a change in the company's financial outlook according to the analyst.Seeking Alpha Tech
BUSINESS1d agoApple’s $1,999 iPhone Duo puts the company's status-symbol power to the testApple’s $1,999 iPhone Duo is drawing early demand as analysts assess whether the foldable can lift iPhone pricing and revenue.CNBC
BUSINESS1d agoCanada keen to deepen partnerships with Karnataka quantum computing, AI, aerospace and defence: Trade Minister Maninder SindhuMr. Sidhu, who was in the city as part of a high-level Canadian trade mission to India, said Canada and India had complementary economic strengths and were well positioned to build stronger partnerships at a time when global trade patterns were being reshaped.The Hindu
BUSINESS1d agoVIX surges to over 4-month high amid hedge fund blowout rumorsThe VIX has surged to a four-month high, reportedly due to rumors of hedge fund blowouts. This indicates increased market volatility and potential financial distress within the hedge fund sector.Seeking Alpha Tech
BUSINESS1d agoCohen & Steers signals continued operating leverage with compensation at ~40% of revenues as pipeline stands at $1.9BCohen & Steers is demonstrating continued operating leverage, with compensation at approximately 40% of revenues and a strong $1.9 billion pipeline. This suggests positive financial performance and future growth potential for the company.Seeking Alpha Tech
BUSINESS1d agoMartin Marietta raised to Buy at D.A. Davidson after YTD underperformanceMartin Marietta's stock rating has been upgraded to "Buy" by D.A. Davidson following its year-to-date underperformance. This suggests a positive outlook from the analytical firm for the company's future stock performance.Seeking Alpha Tech
BUSINESS1d agoAlkermes reinstated Buy at Truist on narcolepsy opportunityAlkermes' stock rating was reinstated to "Buy" by Truist, based on opportunities related to narcolepsy. This indicates a positive outlook from analysts on the company's financial prospects and drug development.Seeking Alpha Tech
BUSINESS1d agoHelium shortage leaves American industries scramblingNo helium means no new smartphones, MRI machines, or missiles. This irreplaceable resource is now in short supply as the war with Iran continues. Jon Wertheim reports, Sunday on 60 Minutes.CBS News
BUSINESS1d agoAmbarella may be seeing interest from a third bidder - reportA report suggests that Ambarella may be attracting interest from a third potential bidder. This matters as it indicates ongoing corporate acquisition activity in the market.Seeking Alpha Tech
BUSINESS1d agoNasdaq plunges 2% and these 15 names have led the downward declineThe Nasdaq stock index has plunged by 2%, with specific companies identified as leading the downward decline. This indicates a significant negative movement in the stock market.Seeking Alpha Tech
BUSINESS1d agoVictoria's Secret is still in the early innings of a multi-year turnaround - NeedhamVictoria's Secret is reportedly in the early stages of a multi-year turnaround effort, according to Needham. This indicates ongoing strategic changes within the company.Seeking Alpha Tech
BUSINESS1d agoKrishniah Chetty Jewellery exhibition in Hubballi till October 19A Krishniah Chetty Jewellery exhibition is being held in Hubballi, concluding on October 19. This is a local business event.The Hindu
BUSINESS1d agoU.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single yearThe Treasury Department published the U.S. budget deficit for the 2026 fiscal year.CNBC
BUSINESS1d agoDismissal fund: the start of the severance payment scheme would be postponed by one monthThe market expects an extension of the FAL system's start to December. Another key change is being analyzed: when the invested money would be available for companies. The FAL will be mandatory for all employers, from SMEs to large firms.Clarín
BUSINESS1d agoLooking for a pay bump? A "nondegree credential" can help.So-called nondegree credentials can significantly boost worker pay, Census data shows. Here's what to know.CBS News
BUSINESS1d agoTrain getaways from Buenos Aires: the 4 available destinations and how to get ticketsArgentine Trains maintains long-distance services from Buenos Aires to four destinations. How to buy tickets, what discounts are available, and what is the mandatory procedure before traveling.Clarín
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