Business

Siemens Is Winning Customers in China, CEO Says

Siemens Chief Executive Officer Roland Busch says the company is "very competitive" in China, where the automation business is doing "very well." He also comments on the data center business. Busch speaks on Bloomberg Television after…

Rheinmetall Cuts Outlook After Losing Out on Naval Contract

Rheinmetall AG cut its sales forecast for this year as Germany’s biggest defense company deals with the fallout of losing a German naval contract worth several billion euros.

Swiss Re Profit Beats Estimates as Re-Insurer Boosts Cost Cuts

Swiss Re AG’s first-half profit beat estimates as the re-insurer saw all key business units perform in line with targets, while the firm announced a fresh round of cost cuts.

Rajpal Yadav's 2 properties to be auctioned on Sept 9 in Rs 16 crore loan case

In a significant move, the Central Bank of India is preparing to auction two properties owned by Rajpal Yadav located in Shahjahanpur. This follows an outstanding loan of Rs 16.61 crore. The properties, including a house and agricultural…

Strategic autonomy: Nigeria’s doctrine for self-determination in a multipolar world

In an era defined by geopolitical competition, trade wars, sanctions regimes, and shifting alliances, one phrase has migrated from European policy papers to the heart of African diplomacy: “Strategic Autonomy”. For Nigeria, this is not a…

FTSE 100 Live: UK Stock Futures Rise on Middle East Optimism

Rwanda: Rwanda to Host 12th East African Petroleum Conference and Exhibition in 2027

[New Times] Rwanda will host the 12th East African Petroleum Conference and Exhibition (EAPCE'27), a key regional platform for promoting investment, partnerships and innovation in the petroleum sector, the Rwanda Mines, Petroleum and Gas…

South Africa: Procurement Corruption Persists Because the System Is Built for Capture

[Daily Maverick] Political control over procurement gatekeepers does more than corrupt individual tenders. It translates public contracts into political resources, private enrichment and reshapes the political economy.

Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall

Despite heightened volatility analysts remain optimistic over the outlook of the tech sector, with J.P. Morgan saying the tech sell-off had not derailed the AI investment cycle.

Africa: South Africa Feels the Economic Cost of Anti-Migrant Xenophobia

[The New Humanitarian] Johannesburg -- "Intellectually, xenophobia is not being contested, instead people are looking for scapegoats."

Winemakers prosper but veg farms wilt in the drought

Growers in the West of England search for new crops to grow in a changing climate.

Zurich Insurance Earnings Boosted by Global Data Center Demand

Zurich Insurance Group AG reported a 13% gain in profit for the first half of 2026 as it saw accelerating demand across all businesses, boosted by global data center and energy infrastructure demand.