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Nigeria reportedly climbs to eighth in Bloomberg’s African investment risk ranking

Leave a Comment / Business, Economy & Markets /

Nigeria has risen four places to eighth in the 2026 Bloomberg Economics Investment Risk-O-Meter, according to reports by 21st Century Chronicle and Nairametrics⁠. Nairametrics, citing Bloomberg, reported that Nigeria’s advance reflected stronger results in economic strength, fiscal strength, and external vulnerability. The publication said Nigeria moved ahead of Rwanda, Tanzania, Kenya, and Namibia in the assessment. What eighth

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Informa agrees £2.24bn Clarion deal and plans Taylor & Francis separation

Leave a Comment / Business, UK Economy /

UK-listed events company Informa has agreed to buy Clarion Events from Blackstone for £2.24 billion, while starting a process to separate its academic publishing business, Taylor & Francis. The two moves would leave Informa more focused on conferences, exhibitions and other events for businesses. Clarion, which is based in the UK, runs more than 100

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Global oil stocks could take two years to rebuild, Aramco chief says

Leave a Comment / Business, Energy /

Rebuilding global oil stocks depleted during the Middle East conflict could take up to two years, Saudi Aramco chief executive Amin Nasser has said. Speaking at the Energy Intelligence Forum in London on Monday, 5 October, Nasser warned that oil and fuel supplies would remain under pressure until the Strait of Hormuz fully reopened and

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Schneider Electric agrees to $22.6bn deal to buy US software firm PTC

Leave a Comment / Business, Technology & Innovation /

Schneider Electric has agreed to buy US industrial software company PTC in a cash deal valuing its shares at approximately $22.6 billion. The companies announced the agreement on Monday, 5 October. The acquisition has been signed but has not been completed. Under the companies’ announcement⁠, Schneider will pay $205 for each PTC share. The offer is

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Seven OPEC+ countries keep November oil output targets unchanged

Leave a Comment / Business, Energy /

Seven OPEC+ countries have agreed to maintain their existing oil production targets for November following a virtual meeting on Sunday, 4 October. Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman will retain the required production levels set for September 2026, according to OPEC⁠. The decision holds targets steady rather than introducing a new production increase

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Apple Plans Tighter Mac Data Access Controls Over AI Privacy Risks

Leave a Comment / Business, Technology & Innovation /

Apple plans to strengthen controls around Full Disk Access, a macOS permission that gives applications broad access to information stored on a Mac. In an announcement published on 2 October, the company said granting this permission would require more explicit action from users. It did not specify a launch date, a macOS version, or the precise approval

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Amazon Pledges More Than $1 Billion for US Data Centre Communities

Leave a Comment / Business, Technology & Innovation /

Amazon has announced more than $1 billion in additional investment over five years for US communities where it operates data centres, as concerns about electricity demand, water use, and local costs challenge the industry’s expansion. The programme, called Built Together, was announced on Friday, 2 October. It will support education, job training, energy efficiency, water preservation, and

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G7 Agrees to Release 100 Million Barrels of Oil and Fuel Stocks as Prices Rise

Leave a Comment / Business, Energy /

G7 leaders have agreed to coordinate the release of 100 million barrels of oil and fuel stocks through the International Energy Agency (IEA), with a substantial amount of diesel due to reach the market within the first 20 days. The release is set to begin immediately and run over four months. In their joint statement⁠,

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Paramount Warner Bros Discovery Parent Company to Be Named Skydance, Ellison Says

Leave a Comment / Business, Economy & Markets, Entertainment, Film & Television /

The company formed by Paramount’s planned takeover of Warner Bros Discovery will be named Skydance, chief executive David Ellison said on Friday. The Paramount and Warner Bros film studios will continue to use their own names. The announcement concerns the identity of the parent company. It does not mean the two studios will be renamed

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A detailed close-up photo of the USA flag waving on a bright, clear day.

US Adds 29,000 Jobs in September as Earlier Hiring Figures Are Cut

Leave a Comment / Business, Economy & Markets /

US employers added 29,000 jobs in September, according to figures released on Friday by the Bureau of Labor Statistics. The unemployment rate was 4.2%, compared with 4.1% in August. The monthly gain was below the 45,000 jobs added on average over the previous 12 months. Economists surveyed by Reuters had expected about 90,000 new jobs.

US Adds 29,000 Jobs in September as Earlier Hiring Figures Are Cut Read More »

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