Political news and analysis
Laopu Gold Co.’s full-year revenue and profit surged as its jewelry pieces and gold ornaments gained huge popularity from the country’s middle class shoppers, aided by soaring gold prices.
‘Pentagon requesting $200bn signals that war will stretch on a very long time’
An Air Canada Express plane collided with a fire truck on a runway at New York’s LaGuardia Airport, forcing a halt to all flights at the hub. Read More: https://punchng.com/plane-fire-truck-collide-on-runway-at-new-york-airport/
Concerned Women International Development Initiative (CWIDI), has trained about 30 persons, as advocates of improving the social, cultural and legal environment for marginalised Adolescent Girls and Young Women (AGYW), in…
Danone SA will acquire UK-based fortified drinks maker Huel, as part of the French food company’s push into functional nutrition.
The future of Gulf capital.
As the Iran war continues into its 4th week, the effective closure of the Strait of Hormuz has heightened pressure on the US and major energy importers. Iran has threatened to attack Middle Eastern infrastructure if President Trump acts on his vow to "obliterate" Tehran's power plants unless the waterway swiftly reopens. Rachel Ziemba founder of Ziemba Insights spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on oil prices being higher as the conflict continues. (Source: Bloomberg)
No one’s doing it like the Brits
The Iran war has raised the risk of a sharp slowdown across Gulf economies, especially if disruption to the Strait of Hormuz continues. Goldman Sachs says Qatar and Kuwait could see deep contractions in a prolonged conflict, with Saudi Arabia and the UAE also facing slower growth. Farouk Soussa, MENA Senior Economist at Goldman Sachs spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likely rebound from the GCC states post war. (Source: Bloomberg)
Any talk of an Arsenal quadruple this season was firmly put in the bin after a miserable display at Wembley allowed Manchester City to win 2-0.
Spreading investments across asset classes can reduce risk and smooth returns. The classic diversification between stocks and bonds worked historically because they moved in opposite directions. When stocks fell,…
LAGOS – Nearly two decades after it was conceived as Nigeria’s first privately funded airport terminal under a Public-Private Partnership (PPP) arrangement, the Murtala Muhammed Airport Terminal Two (MMA2) in…
