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BusinessOct 23$242m Petroleum Products Diversion Claim: UBA secures court order against Vitol, four othersIn a ruling on the application, the presiding judge, Hon Justice K A Jose granted three prayers in UBA’s application, including requests to restrain the dissipation of assets and dealings with funds up to the disputed amount by Vitol S.A. The post $242m Petroleum Products Diversion Claim: UBA secures court order against Vitol, four others appeared first on Premium Times Nigeria.Premium Times
BusinessOct 23Jide Kosoko laments debt as N300m cinema film fails to make profitVeteran Nollywood actor and filmmaker Jide Kosoko says he is in debt after his film, Eleko: Oba Esugbayi, failed to recoup its production cost of more than N300 million at the cinemas. The post Jide Kosoko laments debt as N300m cinema film fails to make profit appeared first on Vanguard News.Vanguard Nigeria
BusinessOct 23Higher sales lift Guinness Nigeria’s nine-month profit 53% to ₦40.7 billionProfit after tax stood at ₦40.7 billion, up from ₦26.6 billion a year ago, as third-quarter profit accounted for 37.8 per cent or ₦15.4 billion of the earnings posted in the period. The post Higher sales lift Guinness Nigeria’s nine-month profit 53% to ₦40.7 billion appeared first on Premium Times Nigeria.Premium Times
BusinessOct 23Oil prices extend rally to near six-month high amid Houthi attacks on Saudi ArabiaBrent crude futures touched an intraday high of $114.94 a barrel on Friday after Houthi attacks on Saudi Arabia’s civilian and energy infrastructure, with India’s crude basket averaging $120.08 so far this month; Adani Total Gas raised CNG prices by ₹4.45 per kgThe Hindu
BusinessOct 23An Arctic Traffic Jam Highlights Doubts Over Russia's Northern Sea Route To ChinaThe Kremlin has heavily invested in the promise that retreating Arctic sea ice opens up a once impassable route that is further from the reach of Ukrainian drone attacks or European naval interdiction of shadow fleet vessels. But officials are learning that cutting a path through ice isn't easy.RFE/RL
BusinessOct 23United Rentals files shelf registration for shares, warrants, debtUnited Rentals has filed a shelf registration, allowing it to offer shares, warrants, and debt securities in the future. This is a routine financial action for a public company.Seeking Alpha Tech
BusinessOct 23Sika AG GAAP EPS of CHF 5.52, revenue of CHF 8.71BSika AG has reported its GAAP Earnings Per Share (EPS) as CHF 5.52 and revenue as CHF 8.71 billion. These are key financial indicators for the company's performance.Seeking Alpha Tech
BusinessOct 23Robinhood plans expansion in Middle East via retail investing platform in DubaiRobinhood plans to expand its retail investing platform into Dubai, marking its entry into the Middle Eastern market and potentially increasing investment opportunities in the region.Seeking Alpha Tech
BusinessOct 23Mustafa Rawji (Rawbank): "Our experience in the DRC is an asset that new entrants do not have"Le patron de la première banque congolaise assume la place du secteur minier dans son portefeuille. Il ambitionne toutefois de prêter davantage à d’autres secteurs de l’économie réelle et détaille sa stratégie pour y parvenir.Jeune Afrique
BusinessOct 23Heineken tells UK pubs to adapt as GLP-1s to put a dent in beer salesHeineken has advised UK pubs to adapt their business strategies, anticipating that the rise of GLP-1 drugs could negatively impact beer sales, indicating a potential shift in consumer behavior and market trends.Seeking Alpha Tech
BusinessOct 23Russian diesel tanker heads to the U.S., the first since Trump’s deal with PutinA tanker loaded with diesel fuel set sail Friday from Russia for the United States, the first shipment since President Donald Trump agreed to a deal with Russian President Vladimir Putin to release more fuel into the global market.NBC News
BusinessOct 23HEXPOL AB (publ) Non-GAAP EPS of SEK 1.46, revenue of SEK 5.3BHEXPOL AB has reported its financial results, with Non-GAAP EPS of SEK 1.46 and revenue of SEK 5.3 billion. This provides an update on the company's financial performance.Seeking Alpha Tech
BusinessOct 23Intel in spotlight as Wedbush says tool installation at Az. fab should aid revenue growthIntel is receiving attention following a Wedbush statement suggesting that tool installation at its Arizona fabrication plant will contribute to revenue growth. This indicates positive projections for the company's financial outlook.Seeking Alpha Tech
BusinessOct 2310-year Treasury yield drops back to 5% this week as investors seek cover from AI worriesThe 10-year Treasury yield stayed below 5% Friday after AI-driven tech selling sent investors into government bonds.CNBC
BusinessOct 23Fewer people are flying as airfare soars. Here's why airlines aren't worriedAirlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares.CNBC
BusinessOct 23It's official | The IRS deducts up to $25,000 annually for workers who declare their tips and meet these requirementsEl beneficio abarca, entre muchos otros, a camareros, trabajadores de discotecas, repartidores e instructores de yoga.Las propinas deben ser voluntarias y registradas en un formulario del Servicio de Impuestos Internos.Clarín
BusinessOct 23Cambricon’s third quarter profit surges 148% to US$210m amid push to replace Nvidia chipsChinese artificial intelligence chip giant Cambricon Technologies reported a 147.7 per cent surge in third-quarter profit on Friday, as the country’s aggressive push to replace Nvidia chips continues to fuel high growth among local chipmakers. The Shanghai-listed chipmaker generated 1.4 billion yuan (US$210 million) in net profit for the three months ended September 30, up from 566.6 million yuan during the same period last year. Revenue reached 3.5 billion yuan, an increase of 104.5 per cent...South China Morning Post
BusinessOct 23Dollar today: how much the official and its different exchange rates are trading this Friday, October 23From the official to the blue and the tourist, all exchange rates. See the minute-by-minute quote.Clarín
BusinessOct 23MaxLinear's optical DSP growth draws Street attentionMaxLinear's growth in optical DSP technology is gaining attention from the financial market. This indicates positive market sentiment and potential for the company's sector.Seeking Alpha Tech
BusinessOct 23Edible Garden partners with Tennessee farm to boost marginsEdible Garden has partnered with a Tennessee farm to enhance its profit margins. This strategic collaboration aims to improve financial performance for the company.Seeking Alpha Tech
BusinessOct 23Apple in focus as Wedbush sees 'strong' demand for iPhone DuoApple is under scrutiny as Wedbush analysts anticipate strong demand for its iPhone Duo. This suggests positive market prospects for the company's product.Seeking Alpha Tech
BusinessOct 23Rithm Capital Q3 earnings top consensus, as net servicing revenue surgesRithm Capital's third-quarter earnings exceeded expectations, driven by a surge in net servicing revenue. This indicates strong financial performance for the company.Seeking Alpha Tech
BusinessOct 23Singapore's longevity industry: The quest for eternal youthIn Singapore, the quest for eternal youth is no longer just a billionaire's fantasy. It's becoming big business. High-tech clinics, longevity labs and specialist companies all promise the same thing: slowing down the ageing process. From continuous metabolic monitoring and genetic testing to supplements and oxygen therapy, every aspect of the body is measured and optimised.France 24 [en]
BusinessOct 23Kremlin says first tanker of Russian diesel sets sail for the USThe Kremlin says that a first tanker carrying Russian diesel to the United States has set sail under a new import agreementABC News
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