Saudi Windfall: Nigeria anticipates billions in immediate investments

[ad_1] Nigeria is gearing up for an “immediate” influx of multi-billion-dollar investments from Saudi Arabia following the signing of a landmark agreement. Bloomberg reported that the agreement creates a corporate…

Saab’s becomes first foreign defence company to get Indian govt nod for 100pc FDI

[ad_1] In a landmark development, Swedish defence giant Saab has achieved a significant milestone by becoming the first foreign company to secure 100 per cent Foreign Direct Investment (FDI) approval for…

Airbnb’s Italian Job: Seizure of $835.5 million sparks tax evasion storm

[ad_1] An Italian judge has issued an order to seize $835.5 million from the short-term rental giant Airbnb on the grounds of alleged tax evasion. This move comes as prosecutors…

WION Business Wrap | The big global business stories summarised

[ad_1] WION’s Business Desk brings you this daily round up of global stories from the world of business and economy.  Australia halts trade negotiations with EU Australia has withdrawn from trade…

Global manufacturing faces downturn amid China’s growth slowdown

[ad_1] Global factory activity remained in a downturn in July, according to private surveys released on Tuesday, indicating that sluggish growth and weakness in China were taking a toll on…

Hundreds to lose jobs at George Soros’ foundation after son’s takeover

[ad_1] The succession of the Open Society Foundations previously controlled by controversial billionaire businessman George Soros to his son Alexander Soros has had a downsizing effect on the company, quite…

‘Why can’t we trade in our own currencies?’: Brazil’s Lula repeats de-dollarisation call of BRICS nations

[ad_1] The US dollar’s role as world’s primary reserve currency for global trade was challenged at a finance summit in Paris by South African President Cyril Ramaphosa and his Brazilian…

Argentina chooses Chinese Yuan over US dollar amid economic crisis

[ad_1] Argentina’s economic crisis and South American nation’s continued reliance on the US dollar has resulted into an opportunity for Chinese Yuan that Bejing didn’t see coming. Many leading companies…

Fitch downgrades France’s credit rating, blames political risks and government debt

[ad_1] Fitch Ratings on Friday downgraded France’s debt worthiness to “AA-” from “AA”, claiming the political deadlock and social movements posed a threat to President Emmanuel Macron’s reform policies which…

Alphabet CEO Sundar Pichai earned hundreds of millions in 2022

[ad_1] Alphabet Chief Executive Officer Sundar Pichai’s pay package in 2023 soared to $226 million in 2022. This came as a triennial stock valued at $218 million was awarded to…