Prof. Iyabo Obasanjo, daughter of former President Obasanjo, declares her candidacy for Ogun State governorship in 2027 under APC, marking her political comeback.
Nigeria's banks face a March 2026 recapitalisation deadline. Top performers like Access and Zenith exceed targets, while others risk mergers or exits if they fail.
Asian markets battled Tuesday to recover from the previous day's tariff-fuelled collapse, though Donald Trump's warning of more measures against China and Beijing's vow to fight "to the end" raised concerns the trade war could worsen. "If the US insists on going its own way, China will fight it to the end," a spokesperson for Beijing's commerce ministry said on Tuesday.
Spanish Prime Minister Pedro Sanchez aims to open new market opportunities during a visit to China and Vietnam this week on the heels of US President Donald Trump's sweeping tariffs. Vietnam, where Sanchez will make the first official visit by a Spanish prime minister, is to be hit with a thumping 46 percent tariff.
The Hong Kong firm in charge of two ports at either end of the Panama Canal -- which sparked US President Donald Trump's threats to seize the waterway -- has flouted the terms of its contract, according to Panamanian audit results released Monday.
Samsung Electronics on Tuesday posted highest ever figures for its first quarter sales forecast and said it predicted a better-than-expected performance for its profits, beating market expectations. Sales were also seen as increasing to 79 trillion won, a near 10 percent jump from a year earlier, marking the highest first quarter figure on record and the second-highest quarterly revenue ever.
Nippon Steel shares soared Tuesday after US President Donald Trump launched a review of the company's proposed takeover of US Steel that was blocked by his predecessor Joe Biden. US Steel shares closed up 16 percent Monday, and Nippon Steel gained as much as 11 percent in Tokyo on Tuesday.
Troubled Australian casino operator Star Entertainment says it has been thrown an 11th hour multi-million dollar lifeline by US-based casino giant Bally's Corporation. Star Entertainment last traded at Aus$0.11 a share with a market capitalisation of Aus$316 million -- a far cry from its Aus$5 billion-plus value of seven years ago.
Shuttered storefronts lined empty streets in Israeli-annexed east Jerusalem and the occupied West Bank on Monday during a general strike by Palestinians demanding an end to the Gaza war. In Israeli-annexed east Jerusalem, the usually bustling commercial Salaheddin Street was empty.
Latvian Transport Minister Atis Svinka said on Monday that Riga-based carrier airBaltic had parted ways with its German-born longtime CEO Martin Gauss. It is important for me to see results," Svinka said on social network X. The Latvian state has a majority stake in the carrier, which last month said it had posted a net loss of 118 million euros ($129 million) last year.
With markets nosediving over Donald Trump's trade war, the protectionist US president is hearing the first rumblings of discontent among his normally steadfast backers in Congress and big business.
Economy
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