Business

France’s Renault (RENA.PA) has cut its stake in Nissan (7201.T) to 15 per cent from about 43 per cent by placing 28.4 per cent of the Japanese automaker in a …

British retailer Marks & Spencer reported a much better-than-expected 75 per cent rise in first-half profit and restored its dividend but cautioned the combination of high borrowing costs, erratic weather …

The Central Bank of Nigeria (CBN) has once again assured Nigerians that there are enough naira notes in the country and warned them not to panic. The apex bank, in …

Nigeria and France have signed an agreement worth about $600m under the investment in digital and creative enterprise, I-DICE in Abuja. According to both countries, the purpose of the programme, …

Google-parent Alphabet’s (GOOGL.O) cloud business crawled to its slowest in at least 11 quarters, sending the company’s stock down 5.7 per cent after hours, even as sales at rival Microsoft’s …

The Kenyan shilling sank to a new all-time low of 150 to the dollar on Monday, adding to the woes of people already battered by high inflation and a raft …

Justice Robin Knowles of the Commercial Courts of England and Wales has ruled in favour of Nigeria in the enforcement of a $11bn Process & Industrial Developments (P&ID) Limited arbitration …

Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge a $1 annual fee for basic features. …

Netflix is putting Formula 1 drivers on the golf course for the company’s first-ever foray into streaming a live sports event. Announced Tuesday, “The Netflix Cup” will bring together golfers …

Oil prices slipped on Monday after surging last week, with investors waiting to see if the Israel-Hamas conflict draws in other countries – a development that would potentially drive up …