Aliko Dangote says private placement for Nigeria oil refinery shares attracted $2 billion in investor demand before proposed IPO.
Economy coverage
Follow the latest public stories in Economy and branch into related briefings, coverage, and the broader ZettaWire wire.
France's economic resilience in the face of the Iran war shock is waning, threatening plans to reduce the budget deficit as the country approaches a crucial election.
Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2028
UK FinanceRishi Sunak announces a temporary cut to VAT on some attractions, from 20% to 5%.
The buildout of AI infrastructure is spreading hundreds of billions of dollars through the US economy and driving up the stock market. Economic overheating is a growing risk, @conorsen says (via @opinion).
President Prabowo Subianto announces the largest overhaul of Indonesia's natural resource trade in decades, according to Bloomberg.
UK FinanceRishi Sunak announces a 350 million pound fund to boost chemical resilience.
Three of the world's most valuable startups are nearing trillion-dollar status.
UK introduces tax reform targeting foreign oil and gas firms
UK FinanceRishi Sunak announces plans to bring forward changes to the taxation of foreign branch profits.
UK FinanceRishi Sunak says the government is prepared to intervene if energy market conditions deteriorate later this year.
Immigration crackdown hurting micro-economies in America