The National Chairperson of New Nigeria People’s Party (NNPP), Ajuri Ahmed, has hinted at a coalition of major political parties against the possible reelection bid of President Bola Tinubu of the ruling All Progressives Congress (APC) in the 2027 elections. Mr Ahmed was in Akure, the Ondo State capital, on Thursday for NNPP’s campaign flag-off … Read more
The National Chairperson of New Nigeria People’s Party (NNPP), Ajuri Ahmed, has hinted at a coalition of major political parties against the possible reelection bid of President Bola Tinubu of the ruling All Progressives Congress (APC) in the 2027 elections. Mr Ahmed was in Akure, the Ondo State capital, on Thursday for NNPP’s campaign flag-off … Read more
Berkshire Hathaway chairman Warren Buffett increased his stake in US-based audio entertainment company Sirius XM Holdings (NASDAQ: SIRI) by 262.24% during the quarter ended June 30. According to the latest company 13F filing, Berkshire Hathaway purchased 96.2 million SIRI shares in Q2 at an average price of $3.36 apiece to own a total of 132.88 … Read more
For the first time, Canada’s two main railway companies — Canadian National Railway and Canadian Pacific Kansas City — are on the verge of a simultaneous labour stoppage that could inflict billions of dollars’ worth of economic damage. Why are both companies poised to stop? Contract talks between the Teamsters union and the companies usually take place … Read more
Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities. The Calgary-based energy infrastructure company said Friday it now expects adjusted earnings for 2024 of between $17.7 billion and $18.3 billion, up from a previous forecast of $16.6 billion to … Read more
Hollywood’s video game performers voted to go on strike Thursday, throwing part of the entertainment industry into another work stoppage after talks for a new contract with major game studios broke down over artificial intelligence protections. The strike will begin at 12:01 a.m. PT Friday and comes after nearly two years of negotiations with gaming giants, … Read more
Entertainment giant Paramount will merge with production company Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also signals the rise of a new power player, David Ellison, the founder of Skydance and … Read more
After a long decline and a quick trip through bankruptcy, Express is back on its feet. The retailer closed on its deal to exit bankruptcy on Monday, ending a three-month stay in Chapter 11. The business is now owned by Phoenix Retail, a joint venture owned by brand management firm WHP Global, which already had … Read more
The U.S. Justice Department (DOJ) and a group of 30 states and the District of Columbia on Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists. “It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland. Concert fans … Read more
The board of IDFC First Bank presented the result of voting on the proposal for amalgamation before the NCLT. The National Company Law Tribunal (NCLT) convened a meeting on May 17 through video conferencing and other audio-visual means to consider and approve the composite scheme of amalgamation for IDFC First Bank Shareholders and non-convertible debenture … Read more
