Business

Nigeria Private FX Outflows Jump 165% to $16.3 Billion

Africa · Western Key Facts —The surge. Autonomous FX outflows rose 164.84% from $6.14 billion in 2024 to $16.26 billion in 2025. —Central bank contrast. CBN-mediated outflows grew only 1.74%, reaching $32.79 billion in the same period…

DeepSeek Unveils Public Beta API for Flagship AI Model

China’s DeepSeek rolled out a public beta application programming interface, or API, for its flagship artificial intelligence model, V4 Flash, touting advancements in agentic abilities.

Sainsbury's to sell Argos for £120m

Under the terms of the deal, Argos will still operate in Sainsbury's shops, sell Habitat products, and offer Nectar points.

Kenyans Shift Savings to Special Funds as MMF Yields Decline

Africa · East Africa Key Facts —Market share shift. Money market funds fell from over 90% of CIS assets in 2021 to 51.9% by March 2026. —Special fund growth. Special funds now hold 23.9% of total CIS assets, up from 6% five years ago…

Japan bank SMFG's Q1 profit jumps 33% on robust loan demand

Iran targets strategic U.S. assets in Kuwait, Bahrain after Egypt drone attack

Iran's army said it launched attacks on strategic U.S. assets and military bases in Kuwait and Bahrain.

Summer is all about days spent by the sea, leisure time with family and friends, and relaxed meals

But that does not have to come at the expense of healthy The post Packed for summer appeared first on Portugal Resident .

European Gas Prices Poised for Biggest Monthly Gain Since March

European natural gas prices are poised for their biggest monthly gain since March as the war in the Middle East continues to disrupt global energy supplies.

Kioxia Sets 3-For-1 Stock Split After Profit Misses Estimates

Kioxia Holdings Corp.’s results fell short of expectations, a sign that an AI-driven surge in flash memory prices may be moderating.

Sainsbury’s Agrees to Sell Argos Division to Swift Partners

J Sainsbury Plc agreed to sell its struggling Argos general merchandise unit to Swift Partners, a new company backed by retailers including former Co-op boss Richard Pennycook.

Horizons Middle East & Africa 7/31/2026 (Video)

How US Senate Russia sanctions could spell 100% tariffs for India, China

Russian energy exports could face sweeping tariffs under bill named for late Senator Lindsey Graham.