Japan set to have its first female finance minister: report
History is on the verge of being made in Japan, twice over. As the nation prepares to welcome its first-ever female prime minister, another of the country’s highest and most…
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Yes Bank share price golden cross points to a rebound after earnings
The Yes Bank share price has pulled back in the past few days as investors book profits and react to the recent quarterly results. It was trading at INR 22.65…
UK’s September borrowing hits a post-pandemic high of £20.2 billion
Britain’s government borrowing exceeded official forecasts by £7.2 billion ($9.6 billion) in the first six months of the fiscal year. This marks a significant deterioration that highlights the challenge facing Chancellor of…
Moniepoint raises $200 million to lead Africa’s fintech expansion
Africa’s financial technology sector is witnessing a historic surge in investor interest, with Moniepoint now emerging as one of the region’s most influential players. The Lagos-based startup, which offers payments,…
Coca-Cola to buy majority stake in African bottler CCBA in $2.6 bn deal
Coca-Cola HBC AG has announced plans to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA) for $2.6 billion, marking one of its biggest expansion moves yet. The transaction, which…
Europe markets open: Stoxx edges higher; defense stocks rally amid geopolitical tensions
European stocks opened slightly higher on Tuesday, building on the positive momentum from the start of the week, though a new report showing record UK government borrowing has put a…
CXMT plans $42B Shanghai IPO as China ramps up chip ambitions: report
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) is preparing for an initial public offering in Shanghai as early as the first quarter of next year, targeting a valuation of up…
AWS outage exposes global dependence on Amazon’s cloud network
Amazon Web Services (AWS) has restored its systems after a major internet outage disrupted global connectivity on Monday, halting operations across thousands of platforms and exposing the scale of the…
HSBC appoints ex-NatWest executive David Lindberg to lead UK arm
HSBC has appointed former NatWest executive David Lindberg as the new chief executive of its UK business, marking the latest leadership change under group chief executive Georges Elhedery. The move…
China pushes for stable critical-minerals supply after US-Australia deal
China has responded to the recent agreement between the United States and Australia on critical minerals by urging resource-rich nations to ensure stable supply chains, signalling a fresh phase in…