Business
Japanese convenience store operator Seven & i Holdings Co Ltd announced that it is postponing the planned public listing of its North American operations. The listing, originally expected in the second half of 2026, will now be deferred to the financial year starting April 2027 or later. A company......
Italian banking group UniCredit has highlighted potential risks linked to its planned expansion involving Commerzbank, warning that uncertainty surrounding a possible integration could lead to the loss of key staff and clients. UniCredit, which already holds a significant stake in the German lender,......
The Financial Reporting Council has opened an investigation into the audit conducted by PwC on Digital 9 Infrastructure, highlighting growing scrutiny over audit quality in the United Kingdom. The probe focuses on the financial year ending in 2023 and will be carried out under the regulator’s......
Global commodities trader Trafigura has signed an agreement to purchase gold output from the Bogoso-Prestea mine in Ghana, marking a significant step in its expansion within Africa’s mining sector. The deal includes the acquisition of gold dore, a semi-refined product, from the mine’s operations,......
Aerospace components manufacturer Arxis is preparing for a major debut on Wall Street, targeting a valuation of more than $11 billion in its planned initial public offering (IPO) in the United States. The company’s listing comes at a time when defense and aerospace-related firms are attracting......
The upcoming leadership election of the Confédération générale des entreprises du Maroc (CGEM) is shaping up as a non-competitive process, with a single candidate ticket officially registered before the deadline. The duo of Mehdi Tazi and Mohamed Bachiri stands as the only......
FedEx is preparing a major strategic shift as its freight division, FedEx Freight, outlines ambitious growth targets ahead of its planned separation into an independent company. The unit, which specializes in less-than-truckload (LTL) shipping services, has announced medium-term goals that include steady......
German exporters are maintaining a generally positive outlook for international sales despite ongoing geopolitical tensions, according to a recent assessment by Allianz Trade. A large proportion of companies in Germany expect export revenues to grow in the coming year, reflecting resilience in one of......
European energy shares declined sharply following a significant drop in oil prices after a ceasefire agreement between the United States and Iran eased geopolitical tensions. Major companies including Equinor, BP, Shell, Eni, and TotalEnergies recorded notable losses as markets reacted to the sudden......
Eni announced Tuesday a gas and condensate discovery off the coast of Egypt estimated at approximately 2 trillion cubic feet of gas in place. The find is the latest in a series of Mediterranean discoveries by the Italian energy company, which also includes a separate 1 trillion cubic foot discovery off......
At GITEX Africa Morocco 2026, discussions around Africa’s technology ecosystem are expanding beyond traditional sectors to include the continent’s growing creative economy, where global visibility is beginning to translate into economic opportunity. Creative industries across Africa, including......
Italian fashion house Valentino announced on Tuesday that an Italian court has lifted early the special administration imposed on one of its units over labor practices involving Chinese-owned subcontractors. The court initially placed Valentino Bags Lab under judicial administration in May 2025 after......
Companies in the United Kingdom's services sector experienced a sharp increase in operating costs in March, the largest month-to-month jump since 2021, according to a recent survey. Rising energy and transportation expenses were the primary drivers of the surge, highlighting inflationary pressures......
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