Business

Fitch Upgrades Jane Street to High Grade, Citing Income Growth

Fitch Ratings upgraded Jane Street Group to investment-grade status on Friday, citing the market maker’s strong income growth throughout the economic cycle.

Trump vows substantial tariffs on EU over measures against US tech companies

Waymo explores split with Uber as robotaxi tensions deepen

Partnership between two groups has soured amid intense lobbying battle over rollout of autonomous vehicles

Africa: Can Ethiopia Weave Africa's Complete Cotton-to-Clothing Value Chain?

[Bird Story Agency] As Africa seeks to capture more value from its natural resources, Ethiopia is building one of the continent's most ambitious cotton-to-clothing value chains. By linking farmers, researchers and manufacturers, the…

China adds 14 EU companies to export control list in response to 21st sanctions package

China’s countermeasures will affect the companies Lafert S.p.A. and Garnet S.r.l. (Italy), Sindlhauser Materials GmbH, Rheinmetall AG, and Antraco Chemie-Handelsgesellschaft (Germany) and others

New US tariffs likely to face court challenges

New Zealand's special agricultural trade envoy Nathan Guy says exporters across the board are bracing for more uncertainty.

Oil to End Year Near $100 on Mideast Disruptions, Rapidan Says

The breakdown of the US-Iran ceasefire threatens to leave Brent crude hovering around the $100-a-barrel mark well past July and into the end of the year, according to Rapidan Energy Group’s increased forecast.

LSEG Reviews US Investment Grade Fund Flow Data After JPMorgan Flags Error

LSEG Lipper is reviewing weekly data showing US investment grade funds saw the biggest outflows in more than six years after a report published by JPMorgan Chase & Co. said there was a potential error in Lipper’s data.

Trade between Russia, Turkey stands at $50 bln — envoy to Ankara

Sergey Vershinin said it is not the limit

Novak reports significant rise in Saudi Arabian investment in Russian economy

The Russian deputy prime minister said the investment partnership between the Russian Direct Investment Fund and the kingdom’s sovereign wealth fund is operating successfully

Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea

More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.

MC Oluomo: No governor has power to suspend NURTW

The national leadership of the National Union of Road Transport Workers (NURTW), on Friday, set up and inaugurated a seven-man committee to manage the affairs of parks and garages in Osun State. The committee, which will be led by Mr…