Africa Infrastructure Projects Draw Global Competition from Major Powers
China, America, and Europe are intensifying their competition for influence across Africa through a wave of infrastructure projects.
Business
Markets, companies, regulation, startups, and the business impact of technology.
Shein Shares Fall in Long-Awaited Hong Kong Market Debut
Fast-fashion giant Shein raised 13.6 billion Hong Kong dollars ($1.7bn) in its long-awaited public debut in Hong Kong on Tuesday, though its shares fell by as much as 10% in early…
Chinese Court Freezes $300 Million in Nexperia Assets in Wingtech Case
A Chinese court has frozen up to 2.14 billion yuan, equivalent to roughly $300 million, in assets belonging to Dutch chipmaker Nexperia and its equipment arm.
Scott Bessent Defends U.S. Bond Yields at G20 Finance Ministers Meeting
Treasury Secretary Scott Bessent gathered at the G20 Finance Ministers Meeting in Asheville, North Carolina, where U.S.
Edinburgh Grassmarket Tops JDM Retail Ranking of UK Independent Shop Hotspots
Soho has secured a spot in the top five UK locations for independent shops, according to retail research by JDM Retail.
Coinbase CEO Brian Armstrong Forecasts Bitcoin Could Hit $400,000 by 2030
Coinbase CEO Brian Armstrong predicts Bitcoin could reach between $300,000 and $400,000 by 2030, driven by regulatory progress and institutional adoption.
FCA Expands Misconduct Rules to 40,000 British Financial Firms
Nearly 40,000 financial firms are racing to overhaul internal reporting frameworks before a September expansion by the Financial Conduct Authority.
DRC Grants Mota-Engil 30-Year Railway Concession in $1.25B Deal
The Democratic Republic of Congo has granted Mota-Engil a 30-year concession to rehabilitate and operate the Dilolo-Sakania railway.
Big Tobacco Drives Nicotine Pouches as Cigarette Sales Decline
Nicotine pouches have quickly become one of Big Tobacco’s most significant bets on a future beyond traditional cigarettes, offering rapid growth, attractive profit margins, and…
East African Health Leaders Push to Position Region as Medical Tourism Hub
East African countries are actively seeking to position the region as a medical tourism destination by linking healthcare systems, sharing specialized expertise, and establishing…
IJM Construction Secures RM909.5M Industrial Projects
IJM Construction has secured two fast-track semiconductor and medical technology projects worth RM909.5 million for the financial year ending March 31, 2027.
Stock Futures Decline as Investors Await Nvidia Earnings and Inflation Data
PCE inflation gauge, and Federal Reserve Chair Kevin Warsh’s upcoming Jackson Hole address amid rising tensions involving Iran.