businesspick

In the weeks after Russia’s invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni (ENI.MI), embarked on a whirlwind of trips to gas suppliers in …

The financial turmoil emanating from Britain and Japan is not yet enough to prompt the US Treasury to intervene to buoy the battered pound or yen, with officials expressing no …

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the establishment of the Nigeria-Saudi Arabia Chamber of Commerce, Industry, Mines and Agriculture will deepen the relations between the …

Russia’s aviation industry will aim to go it alone without the West, using locally built parts to produce 1,000 airliners by 2030 and end a reliance on Boeing (BA.N) and …

Digital financial assets require appropriate regulations to ensure a level playing field and protect consumers, Federal Reserve Chair Jerome Powell said on Tuesday. “Within the decentralized finance ecosystem there are …

Sterling tumbled against the dollar on Wednesday before paring some losses after the Bank of England (BOE) said it would step in to prop up the gilt market, and the …

*‘Made in Nigeria Project’ group applauds VP’s commitment to sector *Lists MSME Clinics, Survival Fund as successful interventions The momentum built in the Micro, Small and Medium Enterprises (MSMEs) sector …

The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown on the notoriously …

Rock-bottom investor confidence in Britain will only recover with a U-turn of the economic plan announced last week by finance minister Kwasi Kwarteng, US economist Larry Summers and J.P. Morgan …

Britain’s pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country’s new prime minister and finance minister to slash taxes …