Business

Tata Sons Chairman Resigns in Shock Move Ahead of AGM Next Week

Natarajan Chandrasekaran has stepped down as chairman of Tata Sons Pvt. ahead of a contentious annual shareholder vote, according to a person familiar with the matter, throwing the salt-to-software conglomerate into uncertainty at a time…

Bessent-Takaichi split on BOJ risks undermining joint yen rescue

Japan Times

Bessent-Takaichi split on BOJ risks undermining joint yen rescue

The U.S. treasury secretary believes tightening is crucial to address the weakness in Japan's currency but the prime minister has long been wary of taking interest rates too high.

Japan Times

Global Economy Briefing — August 12, 2026

Global Economy Briefing — August 12, 2026

Wall Street indices pulled back from record levels on Tuesday as investors awaited US inflation data. The post Global Economy Briefing — August 12, 2026 appeared first on The Rio Times .

Tencent Earnings a Litmus Test for China's AI Sector | The China Show | 8/12/2026

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering…

Presight CEO: AI Productivity Needed Despite Conflict

Abu Dhabi-listed Presight says 2Q profits jumped 30% on contract renewals and an expanding international footprint. Revenue for the same period jumped 36% to AED 713 million. Thomas Pramotedham, CEO of Presight spoke to Bloomberg’s Abeer…

Africa’s Corporate Giants Buy Their Way to Scale as M&A Overtakes Organic Growth

Africa’s Corporate Giants Buy Their Way to Scale as M&A Overtakes Organic Growth

Pan-African · DEALS Key Facts —Footprint expansion: The top 30 African companies operated in an average of 16 African countries by 2018, up from 8 in 2008, according to Boston Consulting Group (BCG). —Deal value rising: BCG reported that…

ASUU issues 14-day strike ultimatum to Gombe govt

ASUU issues 14-day strike ultimatum to Gombe govt

The Gombe State University (GSU) chapter of the Academic Staff Union of Universities (ASUU) has issued a 14-day ultimatum to the state government to address its demands or face a total and indefinite strike. In a statement jointly signed…

ABN Amro Profit Beats, Boosts Outlook for Key Revenue Source

ABN Amro Bank NV reported quarterly profit that beat analysts’ estimates thanks to higher fees and growth in lending income, prompting the Dutch bank to raise the outlook for its biggest revenue source.

Burkina Faso Overhauls Postal Law to Add Digital Services and Competition

Burkina Faso Overhauls Postal Law to Add Digital Services and Competition

Burkina Faso · INFRASTRUCTURE Key Facts —New law: Law No. 010-2026/ALP was adopted by the transitional legislature on 15 April 2026 and recorded on 2 August 2026, overhauling postal regulation. —Digital integration: The framework now fully…

Put military budget on first-line charge, Ndume tells FG

Put military budget on first-line charge, Ndume tells FG

Senator Ali Ndume (Borno South) has urged President Bola Ahmed Tinubu to place the annual budget of the Nigerian Armed Forces on First-Line Charge to eliminate bureaucratic delays in funding military operations. Ndume, a former Chairman of…

Taiwan hits out at China over naval drill with Indonesia

Financial Times

Taiwan hits out at China over naval drill with Indonesia

Rare joint exercises raise concerns over Beijing’s more assertive conduct in disputed waters

Financial Times

LatAm Pre-Open — Wednesday, August 12, 2026

LatAm Pre-Open — Wednesday, August 12, 2026

Brazil's Ibovespa extends its losing streak to six, Argentina's Merval dives hard, and Colombia defies the tide ahead of a critical US PPI print. The post LatAm Pre-Open — Wednesday, August 12, 2026 appeared first on The Rio Times .