Business

ECB Expected to Raise Interest Rates

The European Central Bank is set to raise borrowing costs for the second time since the start of the Iran war. The deposit rate will be lifted by a quarter-point to 2.5% on Thursday, according to all but one analyst in a Bloomberg poll…

Trump Payout Pledge Adds to Bond Market Jitters as Auction Looms

The US President’s promise of a national cash payout for a Republican Party mid-term election victory is injecting fresh uncertainties into the Treasury market ahead of a 30-year bond auction, renewing concerns about Washington’s fiscal…

Malawi: Malawi Hit By Nationwide Blackout, Escom Confirms

[Nyasa Times] The Electricity Supply Corporation of Malawi (Escom) has confirmed a nationwide power outage, which began at 10:45pm on Wednesday, September 9, 2026.

Can India's Modern Buildings Find Their Own Identity?

India is in the midst of a massive construction boom, but what makes its modern architecture distinctly Indian? Menaka Doshi explores buildings designed around the country’s climate, culture and people, rather than simply borrowing from…

Grab Is Said in Talks to Buy SoftBank-Backed Fintech Firm Atome

Grab Holdings Ltd., the biggest ride-hailing and food-delivery firm in Southeast Asia, is in talks to buy a majority stake in Singapore-based buy-now-pay-later platform Atome Financial, according to people familiar with the matter.

FTSE 100 Live: Markets Settle After Oil-Driven Bond and Stock Drops

Yen May Climb Back Toward Upper 150s Per Dollar, Barclays Says

The yen’s sharp rally could reverse toward the upper 150s per dollar if expectations for faster Bank of Japan rate hikes and a shift by Japanese pension funds toward domestic assets fail to materialize, according to Barclays Plc.

Nigeria: Tinubu's FAAC Boom Is a Scam - Atiku

[Daily Trust] Former Vice President Atiku Abubakar has accused the Federal Government of dressing economic decline in bigger naira figures, declaring that the much-celebrated FAAC "boom" is a monetary illusion that collapses once the…

Nigeria: Flight Disruption Fears As Ground Handlers Move to Withdraw Services to Two Airlines

[Daily Trust] The Association of Ground Handling Companies of Nigeria (AGHAN) has directed its members to issue seven-day notices of suspension of ground handling services to two major domestic airlines over prolonged outstanding debts.

World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high

TSMC reported monthly sales revenue for August on Thursday.

Musk’s Boring Co. Raises Funds at Valuation of $23 Billion

Boring Co. secured $3 billion in fresh funding backed by the United Arab Emirates and affiliated investment entities, valuing Elon Musk’s tunneling startup at $23 billion.

Musk’s Boring Co. Raises Capital, Valuing Firm at $23 Billion

Boring Co. secured $3 billion in fresh funding backed by the United Arab Emirates and affiliated investment entities, valuing Elon Musk’s tunneling startup at $23 billion.