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Philanthropies Mike Bloomberg is jumping into the Democratic presidential race because he believes that Joe Biden is fading, opening the moderate lane next to Elizabeth Warren, sources close to the former New York mayor tell Axios.

Michael Bloomberg prepares to enter 2020 presidential race

Former New York mayor Michael Bloomberg is preparing to enter the crowded race to become the Democratic nominee for the 2020 presidential election, US media reported Thursday.

Saudis scramble to raise cash for Aramco share sale

From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it offered few listing details, according to AFP reports.
US pop star Ariana Grande has sued fashion retailer Forever 21 for using her trademark style to promote its products without her permission, including adverts featuring a “look-alike model.”

Ariana Grande sues fashion firm over ‘look-alike model’

US pop star Ariana Grande has sued fashion retailer Forever 21 for using her trademark style to promote its products without her permission, including adverts featuring a “look-alike model.”
Thomas Cook

Chinese group mulls Thomas Cook takeover

China’s Fosun Group is considering nearly a billion dollar rescue of embattled British tour operator Thomas Cook, the Hong Kong-listed conglomerate confirmed Friday.

Samsung shares rise as Huawei struggles

Shares in Samsung Electronics climbed nearly three per cent Tuesday on the back of its chief rival Huawei’s mounting problems, including a decision by Google to sever ties with the Chinese mobile phone maker.
Lloyd's of London

Lloyd’s of London suffers 1 billion pound loss due to natural catastrophes

The Lloyd’s of London insurance market recorded a loss of one billion pounds ($1.32 billion) in 2018 due to major natural catastrophes such as hurricanes and wildfires, it said on Wednesday.
Air France A380 Jet

Engine failure forces Air France A380 back to Abidjan

A mid-flight engine failure forced an Air France A380 jet with more than 500 passengers on board to turn back to the Ivory Coast capital Abidjan where it landed without further incident early Sunday.
A 1930 Packard 734 Speedster Runabout sits in front of a 1992 Porsche 964 Carrera RS at Christie’s New York during a press preview on February 8, 2019. – The Gooding & Company’s annual Amelia Island Auction is one of the most highly anticipated events of the year for automotive enthusiast and is to be held March 8, 2019. (Photo by TIMOTHY A. CLARY / AFP)

Porsche warns of Brexit price hike on UK cars

Porsche customers in the UK should brace for a price hike of up to 10 percent in case of a hard Brexit, the luxury German carmaker warned Monday.
Democrats have criticised Heather Nauert for her lack of diplomatic experience [Mandel Ngan-AFP]

Heather Nauert ends bid to be next US ambassador to UN

US President Donald Trump's choice for ambassador to the United Nations, Heather Nauert, has withdrawn from consideration for the job for family reasons, according to the State Department.

Panama Papers: German police raid Deutsche Bank

German prosecutors raided several Deutsche Bank offices in the Frankfurt area Thursday over suspicions of money laundering based on revelations from the 2016 “Panama Papers” data leak.
US crude oil

Saudi Arabia’s production cut hikes oil prices

Oil prices climbed on Monday as the world’s biggest supplier Saudi Arabia announced plans to cut production, in the face of fears of oversupply.
China's President Xi Jinping (R) meets former US secretary of state Henry Kissinger at the Great Hall of the People in Beijing on November 8, 2018. (Photo by THOMAS PETER - POOL - AFP)

China’s exports hold up despite US tariffs

China's exports to the United States and the rest of the world saw a surprise jump in October, data showed Thursday, suggesting businesses are ramping up trans-Pacific shipments before higher tariffs kick in.
China's Yuan

China’s yuan hits decade low over trade fears

The Chinese yuan weakened to a decade low on Tuesday on concerns over China’s slowing economy and the US trade war, but Beijing was expected to prevent it breaking the psychologically important seven yuan per dollar barrier.
Saudi Crown Prince Mohammed bin Salman

Saudi to host ‘Davos in desert’ despite outcry over slain Jamal Khashoggi

Saudi Arabia will host a key investment summit tomorrow, overshadowed by the killing of critic Jamal Khashoggi that has prompted a wave of policymakers and corporate giants to withdraw.
President Donald Trump speaks during his meeting to discuss potential damage from Hurricane Michael, in the Oval Office of the White House in Washington, Wednesday, Oct. 10, 2018. (Pablo Martinez Monsivais-Associated Press)

China defies Donald Trump tariffs, trade surplus soars

China’s trade surplus with the United States ballooned to a record $34.1 billion in September, despite a raft of US tariffs, official data showed Friday, adding fuel to the fire of a worsening trade war.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

Federal government adopts softer tone on MTN

The Federal Government of Nigeria appears to have taken a softer stance on Africa’s leading mobile operator MTN, assuring stakeholders that a dispute over the repatriation of $8.13 in dividends will be “resolved”.
World Trade Organization - WTO

Donald Trump threatens to pull US out of World Trade Organization

President Donald Trump has threatened to pull the United States out of the World Trade Organization if it does not “shape up.”

APC: Senator Saraki will rather rule in hell than serve in paradise

Nigeria's ruling All Progressive Congress on Monday said Senate President Bukola Saraki is selfish with his political ambitions that he "will rather rule in hell than serve in paradise".

Recent Stories

The Independent National Electoral Commission, INEC, has begun the declaration of the results of Kogi State governorship election held on Saturday.

Kogi elections: APC leads as INEC begins announcement of results

The Independent National Electoral Commission (INEC) has begun the declaration of the results of Kogi State governorship and the results of the rerun election into the Kogi West Senatorial District election held on Saturday.
The election tribunal in Kogi state has, on Friday, sacked Senator Dino Melaye as the senator representing Kogi west district.

Kogi elections: My nephew shot at polling unit is dead – Dino Melaye

Candidate of the Peoples Democratic Party (PDP) in Saturday’s Kogi West Senatorial election, Dino Melaye, has revealed that his nephew who was allegedly shot at a polling unit on Saturday, has died.
All Progressives Congress (APC) Nigeria

Bayelsa election: APC coasting to victory in Goodluck Jonathan’s local council

Official results from local government areas in Bayelsa State have started coming in and the All Progressives Congress (APC) is leading with a wide margin in President Goodluck Jonathan’s Ogbia Local Government Area, the results of Saturday’s governorship election in Bayelsa State show.
The Independent National Electoral Commission has relocated the collation of results of Bayelsa State governorship election in Nembe, Southern Ijaw Local Government Areas to its headquarters in Yenagoa under heavy security.

Bayelsa election: Officials relocate collation of Nembe, Southern Ijaw results to INEC headquarters

The Independent National Electoral Commission has relocated the collation of results of Bayelsa State governorship election in Nembe, Southern Ijaw Local Government Areas to its headquarters in Yenagoa under heavy security.
Mr Festus Okoye, INEC National Commissioner and Chairman Information and Voter Education, told newsmen on Sunday in Kaduna that the review would enable the Commission to determine areas requiring legislative action before the 2023 elections.

Bayelsa/Kogi elections: INEC condemns violence, assures voters of fair, credible conclusion

The Independent National Electoral Commission (INEC) has expressed concern about some reported cases of violence in the Saturday governorship elections in Bayelsa and Kogi governorship elections.