Nobel Economics 2026: Hall and Woodford Explained
Robert E. Hall and Michael Woodford won the 2026 economics Nobel for models that help central banks smooth booms and recessions. Simple…
h/news · World News
Sourced news stories from around the world. Filter by region below.
Schneider Electric Buys PTC ($22.6B)
Schneider Electric agrees to buy industrial software maker PTC for $205 a share in cash, valuing the deal at roughly $22.6 billion. Deal…
Nigeria Seeks $78.5bn for 65 Projects
Nigeria presented 65 projects worth $78.5 billion to investors at the IMF and World Bank meetings, saying they could create 366,763 jobs.
Real Living Wage Rises to £14.10, £15.45 London
The voluntary real Living Wage goes up 65p to £14.10 an hour across the UK and £15.45 in London, the Living Wage Foundation said.
U.S. Softwood Lumber Duty Falls to 24.75%
U.S. anti-dumping and countervailing duties on Canadian softwood fall to 24.75% after a review; with a 10% tariff the total is about 35%.
Business News in Brief
Business news in brief: short original summaries of markets, economy and company stories, with links to the original reporting.
Kenya GDRs open Dangote refinery IPO access
Kenyan investors can buy into the Dangote refinery IPO via global depositary receipts on the NSE, with the offer extended to 27 Oct 2026.
Nigeria FX reserves about $55bn after CBN revision
After a CBN website correction, Nairametrics reported Nigeria's external reserves around $55.07bn as of 9 Oct 2026, not the briefly shown…
Is Starbucks Buying Chipotle? Company Says No
Starbucks says it is not buying Chipotle, ending takeover talk after a Financial Times report lifted Chipotle shares. What the company…
Australia Card Surcharge Ban: Why Coffee Prices Rose
Australia banned credit card surcharges from Oct 1, but experts say some cafes raised prices far more than the old 1.5% fee. What shoppers…
Software Engineer Salary India vs US
How to compare software engineer salaries in India and the US using official wage data, purchasing power and role level.
Tata Group Brands List Explained
A plain-English map of major Tata Group companies and brands, with links to official Tata sites — not investment advice.
What Is Amazon Prime Explained
Amazon Prime membership benefits explained in plain language — shipping, media and regional differences.
What Is Remote Work Explained
Remote work explained: fully remote vs hybrid jobs and what to check in offers.
Salesforce Lifts Dow After Upgrades
Salesforce rose about 2% and helped the Dow gain on Oct 12 after a double upgrade at a major bank, market wraps said.
What Is GDP Explained
GDP explained: what gross domestic product measures and who publishes official figures.
What Is Inflation Explained
Inflation explained: what CPI measures and why rising prices matter for households.
What Is a Unicorn Startup Explained
Unicorn startup explained: private companies valued at $1B+ and why lists change.
Goldman Overweight on Global Equities
Goldman Sachs shifted to overweight on short-term global equities, citing corporate earnings strength heading into reporting season.
Oil Climbs on Middle East and Ukraine Risks
WTI and Brent rose on Oct 12 after Saudi airport attacks and doubts that a Russia-Ukraine energy ceasefire would hold.
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