Africa’s largest oil refinery has opened its ownership to retail investors, creating major excitement in Nigeria’s investment market. Nigerian billionaire Aliko Dangote launched the initial public offering on Monday. The refinery plans to raise about $1.6 billion from investors across Africa. Dangote described the offering as an IPO “for the people.” He said he wants… Continue reading Dangote Refinery IPO: Africa’s Biggest Opens to Investors
Prime Minister Andy Burnham has cancelled his official engagements after the death of his father, Roy Burnham. Downing Street confirmed that the prime minister would step back from official duties on Monday and Tuesday following his father’s death. Burnham had been due to host business leaders and mayors in Downing Street on Monday. He was… Continue reading Andy Burnham Father Dies, PM Cancels Duties
Two senior executives at Japan’s Chubu Electric Power will step down following a scandal involving inaccurate earthquake data submitted during a nuclear safety review. The company said Monday that President Kingo Hayashi and Chairman Satoru Katsuno will leave their positions. Chubu Electric also announced that it will withdraw applications seeking approval to restart two reactors… Continue reading Chubu Electric Nuclear Scandal: Executives to Resign
The Kremlin has dismissed concerns over a Russian drone strike near Poland and said Russian forces will continue operating across Ukraine. Kremlin spokesman Dmitry Peskov made the statement after a Russian drone struck a passenger-train locomotive in western Ukraine, about 2 kilometres from the Polish border. The attack has raised fresh concerns in Warsaw and… Continue reading Kremlin Ukraine Strike: Russia Says Attacks Will Continue
US President Donald Trump has urged Ukrainian President Volodymyr Zelenskiy to stop targeting Russian diesel infrastructure. Trump said the Ukrainian strikes were contributing to fuel shortages and rising prices around the world. He made the comments during a visit to the Irish Open in Ireland. The remarks add another layer of pressure on Kyiv as… Continue reading Trump Russian Diesel Warning to Zelenskiy
A Turkish Airlines flight from Istanbul to Tunis was diverted after severe turbulence hit the aircraft during stormy weather. The incident happened as the plane approached Tunis-Carthage International Airport on September 10. Passengers captured videos showing the aircraft shaking violently during the descent. Screams and shouts could be heard inside the cabin as travelers held… Continue reading Turkish Airlines Flight Diverts After Severe Turbulence
BioNTech says its experimental cancer drug gotistobart has significantly extended survival in patients with a difficult-to-treat form of lung cancer. The company reported the findings from the PRESERVE-003 Phase 3 trial on Monday. The study examined patients with metastatic squamous non-small cell lung cancer, or NSCLC, whose disease progressed after earlier immunotherapy and chemotherapy. According… Continue reading Gotistobart Lung Cancer: Trial Shows Survival Benefit
Indonesia has launched a major search operation after a passenger ship capsized in the Java Sea, leaving 129 people missing. More than 600 rescuers are searching the area. Authorities have rescued 108 people, while six others have died. The vessel, Virgo Transport 8, was carrying 243 people when it lost contact during severe weather early… Continue reading Indonesia Passenger Ship Capsizes, 129 Missing
The Canadian dollar fell to a 12-day low against the U.S. dollar on Monday. The decline came as Canadian inflation data matched expectations and the U.S. dollar strengthened ahead of this week’s Federal Reserve interest rate decision. The loonie was trading 0.3% lower at C$1.3915 per U.S. dollar, equivalent to 71.86 U.S. cents. Earlier, it… Continue reading Canadian Dollar Falls to 12-Day Low on Inflation Data
Practical Magic 2 has cast a spell over the North American box office, opening at No. 1 with an estimated $30 million from 4,146 theaters. The Warner Bros. sequel also earned about $16 million from 77 international markets. As a result, its worldwide opening reached roughly $46 million. The film ended Spider-Man: Brand New Day’s… Continue reading Practical Magic 2 Box Office: $30M Opening at No. 1
