Latest news
Every story from the world's financial newsrooms, newest first.
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Naira outlook brightens as US dollar index nears 5-month low
Nigerian Naira's strengthening prospects continue, supported by Nigeria's macroeconomic fundamentals improvement and the global de…
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Treasury yields fall as investors brace for Warsh’s Jackson Hole keynote amid bond fears
Treasury yields fell Monday as investors await Federal Reserve Chair Kevin Warsh's keynote speech at Jackson Hole later this week.
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IPO: Share price band ₹300, GMP ₹313 - Check last date to apply, allotment and listing details
IPO GMP: According to market observers, teh grey market is signalling a multibagger return for investors, whereas few hours are st…
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Shankesh Jewellers IPO listing tomorrow. Here's what GMP signals ahead of debut
The Shankesh Jewellers IPO is currently commanding a GMP of ₹2 per share, representing an upside of around 2.15% over the upper pr…
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Lula Praises Trump Call as Brazil US Tariff Talks Resume
President Lula praised his call with Trump as civilised and respectful, while criticizing the 'second echelon' of advisers. Brazil…
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Operation Saturno Takes Banco Master to Brazil’s Top Court
Operation Saturno, a São Paulo police investigation into drug trafficking and money laundering, has reached Brazil's Supreme Feder…
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Brazil Power Surplus Forces Second Emergency Grid Cut
Brazil's grid operator ordered a second emergency cut in distributed generation on 23 August 2026 to manage a power surplus. The p…
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Lula to Announce End of Brazil’s Blusinhas Tax Wednesday
President Lula is due to announce the end of the blusinhas tax on Wednesday, confirming a suspension already in force since May. T…
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Dino Voids Brazil Budget Amendments Named by Party Chiefs
Justice Flávio Dino voided budget amendments directed by party presidents without a seat in Congress, leaving sitting lawmakers' a…
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Jackson Hole Symposium, U.S. PCE prices, IREN earnings: Crypto Week Ahead
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Alibaba launches Wan3.0 AI video model after $10 billion share sale
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Another airline shuts down, cancels all flights due to low demand
The airline startup was testing an innovative but expensive air taxi model.
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There are six stocks that hedge funds and mutual funds are both overweight — and SpaceX is one
SpaceX, trading at 93 times next year’s estimated earnings, seems hardly the stock to unite both short-term-focused hedge-fund man…
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Global Market: European shares edge lower as investors await Iran sanctions details
European shares edged lower on Monday as technology stocks came under pressure, while investors awaited US sanctions on Iran, Nvid…
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Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally
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Nigeria Opens Central Bank Bills to Small Savers
Nigeria's central bank reopened its bill auctions to ordinary savers at about 20%. The Lagos stock market has fallen for nine stra…
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Honda keeps skipping the hybrid its buyers are asking for
Gas prices are at a record high, and two popular subcompact crossovers still don't offer hybrid versions.
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Nigeria’s Power Grid Fell to 1,132 Megawatts
Nigerian electricity generation collapsed to 1,132 megawatts on Saturday night. Distributors began load shedding and no official e…
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New gas/condensate discovery adds to North Sea’s hydrocarbon riches
The North Sea may be a mature oil and gas basin, but it is still yielding more discoveries, as highlighted by two Norwegian energy…
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Louis Vuitton shuts down another store amid fallout from trademark dispute in China
Louis Vuitton will close its only store in Guiyang on August 31, according to an on-site notice, further trimming the French luxur…
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DevEast Entrepreneurship Week Marks 6th Edition, Advancing Entrepreneurship Development Across South-East and South-South Nigeria
DevEast has marked the 6th edition of DevEast Entrepreneurship Week, bringing together students, educators, entrepreneurs and busi…
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Kenya’s Cost of Running Government Hits a Record
Kenya spent KSh1.317 trillion, about US$10.2 billion, just running the government last year. The jump was the largest on Treasury …
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Kenya Gives Investigators 60 Days on Fuel Case
Kenya's Senate has given investigators 60 days to report on emergency petrol imports bought at three and a half times the usual pr…
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Fasset reaches unicorn status after $68 million raise led by SBI Group
Fasset raised $68 million in Series C funding at a $1 billion valuation, expanding its cross-border stablecoin infrastructure.