businesspick

Chip designer Nvidia (NVDA.O) said this week it expects a steep drop in fourth-quarter sales in China – a key revenue generator – in the wake of new US rules, …

Oil prices sank further Thursday after the shock decision by OPEC+ to delay a key policy meeting, suggesting fresh discord in the bloc. Stock markets, meanwhile, traded mixed after two …

Warren Buffett said on Tuesday he has donated about $866 million of Berkshire Hathaway (BRKa.N) stock to four family charities, and told shareholders “I feel good” as he moves nearer …

OpenAI announced on Tuesday its co-founder Sam Altman will return as CEO, days after he was fired by the board. “We have reached an agreement in principle for Sam to …

The head of Germany’s drug regulator BfArM is considering an export ban on Novo Nordisk’s (NOVOb.CO) diabetes drug Ozempic, which is in high demand for its weight-loss benefits, to prevent …

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 …