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BUSINESSOct 15JUST IN: Cardoso explains reasons behind MPC interest rate cut, hails synergy with fiscal authorities“It took the market by surprise, and markets, as we know, generally don't like surprises,” Mr Cardoso said at the panel discussion themed “How Central Banks Decide—Committee Decision-Making and Communication in an Era of Uncertainty”. The post JUST IN: Cardoso explains reasons behind MPC interest rate cut, hails synergy with fiscal authorities appeared first on Premium Times Nigeria.Premium Times
BUSINESSOct 15TomTom N.V. GAAP EPS of €0.04, revenue of €128.9M; updates2026 full-year guidanceTomTom N.V. reported its GAAP EPS and revenue, and updated its full-year guidance for 2026. This provides an update on the company's financial performance and future outlook.Seeking Alpha Tech
BUSINESSOct 15Taiwan chip giant TSMC says net profit hit record in third quarterTaiwanese chip giant TSMC said on Thursday that net profit soared 68.7% to a record high in the third quarter, buoyed by massive global demand for AI hardware.EuroNews [en]
BUSINESSOct 15In Mexico, entrepreneurs proposed transferring more than 800 Volkswagen workers to manufacture the Olinia, a 100% electric car: how much it will costLos mismos obreros que armaban Jetta y Tiguan podrían pasar a un proyecto eléctrico nacido en Puebla.Clarín
BUSINESSOct 15UK economy grew 0.1% in August, beating expectationsThe U.K. is grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs.CNBC
BUSINESSOct 15DMO offers N7.15 trn bond for October  subscriptionBy Elizabeth Adegbesan The Federal Government through the Debt Management Office, DMO, has offered N7.15 trillion FGN Bond for September subscription. DMO disclosed this in its latest announcement saying that   the N17.5 trillion offer comes in three tranches. The first tranche is N500 billion for February 2034 (10 year reopening) bond with a 19 percent […] The post DMO offers N7.15 trn bond for October subscription appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 15Stakeholders urge insurance, pension operators to prioritise customer valueBy Rosemary Iwunze Stakeholders in the insurance and pension sectors have urged operators to deploy funds raised through recapitalisation to improve services, develop innovative products and strengthen customer confidence. They made the call in Lagos during a panel discussion at the 11th Annual Conference of the Nigerian Association of Insurance and Pension Editors (NAIPE). The […] The post Stakeholders urge insurance, pension operators to prioritise customer value appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 15Taiwan Semiconductor Manufacturing in charts: Advanced chips drive 79% of Q3 wafer revenueTaiwan Semiconductor Manufacturing (TSMC) reported that advanced chips accounted for 79% of its third-quarter wafer revenue. This highlights the company's reliance on and success in the advanced semiconductor market.Seeking Alpha Tech
BUSINESSOct 15Shell to sell Nigeria domestic gas business to Vaaris EnergyBy Faith Odukomaiya Shell Petroleum B.V. has signed an agreement to sell its full interest in Shell Nigeria Gas Group to Vaaris Energy Limited, a Nigerian energy company, as the oil major refocuses its investments on strategic businesses. Shell’s Country Chair in Nigeria, Elohor Aiboni, said the transaction would provide a platform for the domestic […] The post Shell to sell Nigeria domestic gas business to Vaaris Energy appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 15Pernod Ricard reports Q1 results; gives FY 2027 and beyond outlookPernod Ricard has reported its first-quarter financial results and provided an outlook for fiscal year 2027 and beyond. This offers insight into the company's performance and future projections.Seeking Alpha Tech
BUSINESSOct 15SK hynix ties U.S. NAND factory to approval for more equipment at China fab - reportA report indicates that SK hynix is linking its plans for a U.S. NAND factory to the approval of more equipment for its China manufacturing facility. This highlights potential dependencies and strategic leverage in global semiconductor manufacturing and trade.Seeking Alpha Tech
BUSINESSOct 15BOS Africa, Temple Company partner to develop sports business professionalsThe partnership will combine professional education with practical industry experience in sponsorship, athlete management, sports media, intellectual property and content production. The post BOS Africa, Temple Company partner to develop sports business professionals appeared first on Premium Times Nigeria.Premium Times
BUSINESSOct 15Dollar to Naira exchange rate today, October 15, 2026The Nigerian Naira held steady with a marginal upward trajectory against the United States Dollar on October 15, 2026, maintaining its stability across both the official window and the parallel market. The post Dollar to Naira exchange rate today, October 15, 2026 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 15Forex inflow rises 23% to $35bn, as outflow declinesBy Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow grew by 23.2 percent year-on-year, YoY, to $35.77 billion in the first half of 2026 (H1’26) from $29.77 in the corresponding period of 2025. Vanguard analysis of data from the Central Bank of Nigeria, CBN, Quarterly Statistical Bulletin and Data for the review period showed that […] The post Forex inflow rises 23% to $35bn, as outflow declines appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 15G20 finance ministers, central bankers gather amid fallout from Iran warOfficials meet in Thailand as conflict drives energy prices higher and casts uncertainty over global economy.Al Jazeera [en]
BUSINESSOct 15UK GDP rises more than expected in August as goods trade gap narrowsThe UK's Gross Domestic Product (GDP) increased beyond expectations in August, accompanied by a narrowing goods trade gap. This indicates positive economic performance for the country during that period.Seeking Alpha Tech
BUSINESSOct 15India’s IDBI Bank falls 7% as government announces $5.5 billion stake sale to Canada's FairfaxThe Indian government has been divesting its stake in several state-owned companies this year as it tries to keep its growth engine running amid deepening fiscal pressures.CNBC
BUSINESSOct 15Nordea Bank Abp GAAP EPS of €0.35, net interest income of €1.8BNordea Bank Abp reported GAAP Earnings Per Share of €0.35 and a net interest income of €1.8 billion. This provides key financial performance metrics for the bank.Seeking Alpha Tech
BUSINESSOct 15Taiwan Semiconductor Manufacturing Company declares NT$7.00 quarterly dividendTaiwan Semiconductor Manufacturing Company (TSMC) has announced a quarterly dividend of NT$7.00 per share. This is a standard financial update for shareholders and investors.Seeking Alpha Tech
BUSINESSOct 15AI job losses set to rein in office demand in developed Asia-Pacific economies: reportA mild displacement of jobs across the Asia-Pacific region as companies expand their use of AI would trim five percentage points off growth in office space demand in the next few years, according to property consultancy CBRE. In a report released on Thursday it said 3.9 per cent of office jobs were vulnerable to artificial intelligence-driven displacement in developed markets in the region, including Hong Kong, Singapore, Japan, South Korea, Taiwan, Australia and New Zealand. However, only 1.7...South China Morning Post
BUSINESSOct 15TSMC posts record profit for a sixth straight quarter, beating estimates on AI boomTSMC reported its third-quarter earnings on Thursday.CNBC
BUSINESSOct 15Taiwan Semiconductor Manufacturing Company GAAP EPADR of $4.60 beats by $0.09, revenue of $46.72B beats by $1.02BTaiwan Semiconductor Manufacturing Company (TSMC) announced earnings per share and revenue that surpassed analyst expectations. This indicates strong financial performance for a major global technology supplier.Seeking Alpha Tech
BUSINESSOct 15Japan August industrial production revised down to -2.4% M/M; core machine orders rise 5.2%Japan's August industrial production was revised downwards, while core machine orders showed an increase. These figures provide an updated overview of key economic activities in the country.Seeking Alpha Tech
BUSINESSOct 15A major Russian business association has proposed sweeping away tax breaks for small businesses. Here’s what would change — and why the Kremlin might agree.Delovaya Rossiya, one of Russia’s largest and most influential business associations, has proposed more than 50 economic reforms to the authorities, RBC reported. Many clearly run counter to small businesses’ interests.Meduza [en]
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