International Finance

SpaceX became a member of the Nasdaq 100 on July 7, capping one of the strangest and swiftest journeys any company has taken from private rocket-maker to index heavyweight.

For an outfit that spent tw...

Andrea Orcel-led UniCredit has stepped one inch closer in its acquisition attempt of Commerzbank, as the Italian banking giant secured 47.6% of the shares of its German counterpart.

While the l...

With the fresh resumption of the clashes between the United States and Iran, fears have emerged about the strategically important Strait of Hormuz facing new disruptions. To address this, Dubai-based ports op...

Germany has unveiled a draft 2027 federal budget centred on record borrowing, higher defence spending and large-scale infrastructure investment. The policy paper, already approved by the cabinet, marks a decisive shift away from the European giant’s traditionally cautious fiscal approach.

The approved plans for total spending of 555.4 billion euro will be financed part...

Eyeing expansion in Africa’s cross-border digital payment industry, card payments giant Visa, mobile money platform M-Pesa, and cross-border payments company Onafriq have chosen the Democratic Republic of Congo (DRC) as a testing ground for linking mobile money with stablecoins.

The three ventures have piloted a system that settles mobile money top-ups using