Business

Terror financing: NFIU designs new platform for intelligence sharing

Terror financing: NFIU designs new platform for intelligence sharing

The Nigerian Financial Intelligence Unit (NFIU) says it has commenced plans to establish a Joint Financial Intelligence Collaboration framework. This is just as the unit mobilised regulators, banks, insurance companies, fintechs, Virtual…

Aareal Works With Alvarez & Marsal on SRT Amid Push for Growth

Aareal Bank is working with Alvarez & Marsal on a deal to offload credit risk as the German lender pursues growth across European property markets and eyes a potential acquisition at home.

Bolivia IMF Rescue Now Expected by October as Investment Law Slips to March 2027

Rio Times

Bolivia IMF Rescue Now Expected by October as Investment Law Slips to March 2027

BOLIVIA · ECONOMY Key Facts —The calendar Deputy Ricardo Rada of the governing PDC expects Congress to approve the IMF credit by October; the new investment law will take until March 2027. —The money The IMF agreement is for 1,369 million…

Rio Times

Bridgewater investment chief says AI could wipe out humanity

MarketWatch

Bridgewater investment chief says AI could wipe out humanity

Greg Jensen, the co-chief investment officer at hedge-fund giant Bridgewater Associates, agreed that AI could wipe out humanity.

MarketWatch

JD.com Prepares Remedy Tweaks in Bid for EU Ceconomy Approval

Chinese e-commerce firm JD.com Inc. is poised to offer improved remedies to allay European Union concerns over its planned €2.2 billion ($2.6 billion) takeover of Ceconomy AG, the bloc’s biggest electronics retailer.

AllAfrica

Kenya: AI Plot to Divide Opposition Ahead of 2027 Exposed

[Capital FM] Nairobi -- An artificial intelligence-driven influence operation targeted former President Uhuru Kenyatta and former Deputy President Rigathi Gachagua while promoting Energy Cabinet Secretary Opiyo Wandayi in a covert social…

AllAfrica

TASS

OPEC+ countries’ output down by 980,000 bpd in August, behind target — IEA

The targeted level for OPEC+ countries within the agreement stood at 34.27 mln barrels per day in August, while real production reached 27 mbd

TASS

Europe Struggles to Counter Russian Attacks Falling Short of War

A day after Germany blamed Russia for a failed drone attack on cargo planes at its Leipzig-Halle airport, European Commission President Ursula von der Leyen made a tacit admission that the continent was not responding quickly enough to the…

Airline operators seek intervention over ticket sale row

Airline operators seek intervention over ticket sale row

Airline operators have appealed to President Bola Ahmed Tinubu to intervene in the controversy surrounding the five per cent Ticket Sales Charge (TSC), saying the President’s intervention could save the Nigerian aviation industry from…

Scott Bessent 'May Have Overplayed His Hand'

Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week. Treasury Secretary Scott Bessent…

The Man Spending $70,000 To Play 100 Top US Golf Courses

Daniel Belk turned a pandemic-era career setback into two businesses. Then, in January, he sold his stake in one of them for $1 million. His next move: spending the year trying to play America’s top 100 public golf courses. (Source…

Rising Bond Yields Are Driving US Stocks Toward a Correction: Markets Pulse

The escalating bond selloff is driving US Treasury yields toward levels that threaten to deal a significant blow to the stock market, according to the latest Markets Pulse survey.