Business

A.P. Moller Capital Agrees to Buy Control of a Moroccan Logistics Group

A.P. Moller Capital agreed on 17 August to take a majority stake in Casablanca's Globex Investissement. The deal still needs Moroccan competition clearance. The post A.P. Moller Capital Agrees to Buy Control of a Moroccan Logistics Group…

Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai

The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.

Half of UK homes take longer to sell as buyers adopt ‘wait & see’ approach: Here’s why

A significant shift is occurring in the UK housing market, as half of British homes are now taking longer to sell compared to the previous year. Factors such as mortgage market turbulence and uncertainties regarding borrowing costs are…

2027: Tinubu’ll Lose Before 4pm If Election Is Credible — Baba-Ahmed

President Bola Tinubu could be defeated before 4pm on election day if Nigerians are allowed to vote in a credible, free and fair election, National Chairman of the Peoples Redemption Party (PRP), Dr Hakeem Baba-Ahmed, has declared…

Trump says Iran's economy is collapsing. A former central bank adviser in Tehran pushes back

Iran's economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran's central bank told CNBC.

Dollar at three-month low as Treasury moves to soothe bond jitters

Dollar falls to three-month low as Treasury moves to soothe bond jitters

Republic of the Congo Oil Contracts Lock In a US$90 Windfall Trigger

The Republic of the Congo's Council of Ministers approved four bills on 18 August 2026 fixing a single US$90-a-barrel windfall trigger for the life of four petroleum contracts. The post Republic of the Congo Oil Contracts Lock In a US$90…

Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says

Unitree founder Wang Xingxing says humanoid robots could take up to 10 years to reach a breakthrough comparable to ChatGPT.

Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement resources

Somali piracy incidents have resurged in the Red Sea region in recent times, especially since the U.S.-Iran war kicked off-major concern for shipping companies.

Nick Bostrom on What Happens If AI Solves All Problems

The philosopher Nick Bostrom was one of the first thinkers who mapped out the existential risk of AI. In his 2014 book, Superintelligence: Paths, Dangers, Strategies he delved into scenarios — like the “paperclip maximizer” for instance…

Exxon Commits US$1.1 Billion to Mozambique’s Rovuma LNG Before Final Decision

The Area 4 partners have awarded about US$1.1 billion in pre-investment contracts for Rovuma LNG in Cabo Delgado, Mozambique, months ahead of a final investment decision. The post Exxon Commits US$1.1 Billion to Mozambique’s Rovuma LNG…