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BusinessNov 2PBoC shifts primary policy anchor to overnight rate with daily 1.25% reverse reposChina's central bank has changed its primary policy anchor to the overnight rate, utilizing daily reverse repurchase agreements at 1.25%. This represents a significant shift in monetary policy.Seeking Alpha Tech
BusinessNov 2Spotify, Lovable backer Creandum said to raise $750M new fundCreandum, an investor known for backing Spotify and Lovable, is reportedly raising a new fund worth $750 million. This significant fundraising effort indicates continued investment in technology and startup sectors.Seeking Alpha Tech
BusinessNov 2IndiGo sees a lot of opportunities; current industry situation challenging: CEO Willie WalshAt his first in-person briefing after taking charge as CEO in August, Mr. Walsh said the airline expects to start getting the wide-body A350 aircraft from the second quarter of 2028The Hindu
BusinessNov 2What data centre construction delays mean for debt holdersBoom?Financial Times
BusinessNov 2itel Energy offers 48-hour repairs, product replacement to customers at exhibitionitel Energy, a clean energy and power solutions brand, has promised to repair or replace faulty solar power equipment within 48 hours for customers across Nigeria as part of its after-sales support. The company reemphasized their commitment during the Nigeria Energy exhibition week in Lagos, where it showcased new products and showed distributors, installers, both […] The post itel Energy offers 48-hour repairs, product replacement to customers at exhibition appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 2Dollar to Naira exchange rate today, November 2, 2026The naira's exchange rate against the US dollar remains a major focus for businesses, importers, investors and Nigerians who depend on foreign currency for international transactions. The post Dollar to Naira exchange rate today, November 2, 2026 appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 2RatingDog China PMI beats forecast at 52.0; official NBS manufacturing drops to 49.3China's RatingDog PMI exceeded forecasts at 52.0, while the official NBS manufacturing index dropped to 49.3. This indicates mixed signals in the country's manufacturing sector.Seeking Alpha Tech
BusinessNov 2Employees flag procedural gaps in Haryana move to cancel power licenceEmployees have identified procedural issues in a state's decision to cancel a power license, raising concerns about the regulatory process.The Hindu
BusinessNov 2Launch of global legal body’s office in Hong Kong seals city’s law hub status: John LeeThe opening of an international legal body’s first regional office in Hong Kong will cement the city’s position as a global legal hub, help attract international organisations and talent, and deepen regional legal cooperation, Chief Executive John Lee Ka-chiu has said. Lee was speaking as the International Institute for the Unification of Private Law (Unidroit) officially opened its Asia-Pacific Liaison Office in the city on Monday. The office is the independent intergovernmental body’s first...South China Morning Post
BusinessNov 2Li Auto October deliveries dip 8.8% M/M to 29,025 units; cumulative deliveries reach 1.86MLi Auto's October deliveries decreased month-over-month, though cumulative deliveries have reached a significant number. This indicates recent sales performance for the automotive company.Seeking Alpha Tech
BusinessNov 2New renovation body will draw legitimate contractors back to market, sector saysHong Kong’s new renovation monitoring body will encourage legitimate consultants and contractors previously plagued by intimidation from bid-rigging syndicates to return to the market, industry representatives have said, potentially lowering costs for homeowners in the long run. Renovation and construction sector players said on Monday that the new Building Maintenance Support and Services Council, headed by Financial Secretary Paul Chan Mo-po, would heighten scrutiny of the tendering process,...South China Morning Post
BusinessNov 2S&P cuts Meta outlook to negative over elevated capex and cash flow risksS&P has lowered its outlook for Meta to negative, citing concerns over high capital expenditures and potential cash flow risks. This reflects a significant financial assessment of the technology giant.Seeking Alpha Tech
BusinessNov 2OPEC+ holds December oil output steady to support market stabilityBy Udeme Akpan, Energy Editor The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to maintain their September 2026 required production levels for December to support stability in the global oil market.The countries — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — reached the agreement at a […] The post OPEC+ holds December oil output steady to support market stability appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 2XPeng October deliveries surge 22% M/M to 50,237 units; overseas volume jumps 166% Y/YXPeng's October deliveries saw a significant month-over-month increase, with overseas volume experiencing a substantial year-over-year jump. This highlights strong recent sales growth for the automotive company.Seeking Alpha Tech
BusinessNov 2Tesla, Samsung flag manufacturing risks from Trump's Vietnam tariff pushTesla and Samsung have expressed concerns about potential manufacturing risks stemming from former President Trump's proposed tariffs on Vietnam. This indicates potential disruptions to global supply chains and corporate operations.Seeking Alpha Tech
BusinessNov 2Global AI sell-off eases after Nasdaq’s worst month in over a yearPrices extend decline after Iran’s president said the country’s supreme leader had given officials certain authority over talksFinancial Times
BusinessNov 2Utz CEO Howard Friedman to depart following take-private; John Lindeman offered post-closing CEO RoleUtz CEO Howard Friedman will depart after the company goes private, with John Lindeman being offered the CEO role post-closing. This announces a significant leadership transition for the company.Seeking Alpha Tech
BusinessNov 2NIO October deliveries dip 8.4% M/M to 34,246 units; YTD volumes up 38.5% Y/YNIO reported an 8.4% month-over-month decrease in October deliveries, totaling 34,246 units, though year-to-date volumes are up by 38.5% year-over-year. This indicates recent sales fluctuation despite overall annual growth for the electric vehicle manufacturer.Seeking Alpha Tech
BusinessNov 2Court restrains EFCC from arresting Honda executives, associates, dealersBy Innocent Anaba A Lagos State High Court has restrained the Economic and Financial Crimes Commission (EFCC) from arresting or detaining Honda Manufacturing (Nigeria) Limited, Honda Automobile Western Africa Limited and more than 200 other applicants in connection with a pending investigation. Justice Olukayode Ogunjobi granted the first prayer in the applicants’ motion for interim […] The post Court restrains EFCC from arresting Honda executives, associates, dealers appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 2Dangote challenges Lotus Capital to take ‘Elephant Steps’ in NigeriaBy Matthew Johnson PRESIDENT and Chief Executive of Dangote Industries Limited, Aliko Dangote, has challenged Lotus Capital Limited to take “elephant steps” in its next 20 years by expanding investments in Nigeria’s productive sectors. Speaking at the company’s 20th anniversary celebration in Lagos, Dangote identified manufacturing, agriculture, infrastructure, energy and industrial development as critical areas […] The post Dangote challenges Lotus Capital to take ‘Elephant Steps’ in Nigeria appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 2Monday’s Economic CalendarThis article provides a schedule of economic events for Monday, which is important for market participants and economic observers.Seeking Alpha Tech
BusinessNov 2AI mania can’t survive higher interest ratesThe price of money is the pin that deflates market bubblesFinancial Times
BusinessNov 2How De Beers lost its sparkleAfter years of decline, the jewellery industry has pinned its hopes on a new advertising push to restore the lustre of natural diamondsFinancial Times
BusinessNov 2Why rich Ireland still feels poorDublin is precariously reliant on corporation taxes, with half coming from Apple, Eli Lilly and MicrosoftFinancial Times