Hartree with deep pockets to acquire Touton, a 150-year-old French cocoa trader.
Global energy and commodities trader Hartree Partners is in negotiations to buy French agro-industrial company Touton, which deals in almost 10% of the world’s cocoa.
Ethiopia starts building “Africa’s biggest airport” for $12.5 billion.
On Saturday, Ethiopian Airlines formally began a $12.5 billion building project in the Ethiopian town of Bishoftu, which officials claim would be Africa's largest airport
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Trump expands access to the $12 trillion pension fund by investing in riskier and more lucrative alternative assets.
To give alternative asset managers a larger portion of the trillions of dollars in retirement savings held by Americans, U.S. President Donald Trump signed an
Nvidia gets US approval to export chips to China, the AI bellwether’s crucial market.
A major barrier to the AI bellwether’s access to a crucial market has been removed, as the Commerce Department has begun issuing licenses to Nvidia
OpenAI launches GPT-5 as a pathway to AGI and PhD-level expert thinking, to leapfrog competitors in AI benchmarks.
In a product update that is closely watched as a gauge of whether generative AI is progressing quickly or plateauing, OpenAI unveiled the fifth iteration
The US expects $50 billion in tariff revenues per month as higher levies take effect.
As additional tariffs on imports from dozens of nations take effect, U.S. Commerce Secretary Howard Lutnick stated on Thursday that he anticipates the US will
Nigeria’s insurance industry undergoes sweeping reforms, attracting global insurers, to hit $7.84 billion by year-end.
Under the Insurance Industry Reform Act (NIIRA) 2025, Nigerian President Bola Tinubu signed extensive insurance changes into law, according to a statement released by his
Global M&A hits $2.6 trillion, the highest this year, driven by tariffs, AI, and the quest for growth.
As the anxiety brought on by U.S. tariffs has been overcome by a desire for expansion in corporate boardrooms and the influence of a boom
Nigeria’s oil regulator says July oil output tops 1.8 million bpd, critical for stabilizing the economy.
The head of Nigeria’s upstream regulator stated on Monday that the country’s oil production has risen to 1.78 million barrels per day (bpd) on average,
A UK Supreme Court ruling saves a multi-billion-pound consumer finance scandal.
In a move that is expected to allay bank concerns on a redress plan that some analysts had warned may cost tens of billions of
BigTech to share AI infrastructure costs, with Meta reclassifying $2 billion in assets as held-for-sale.
In a filing on Thursday, Meta Platforms revealed plans to sell $2 billion worth of data center assets as part of its ongoing efforts to
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