Author: Press Room

In SummaryAfrica’s wealth management market is projected to reach US$843.61 billion in assets under management by the end of 2025.Africa’s GDP is expected to grow, with some nations potentially exceeding 5% growth in renewable energy, technology, and financial services.Assets under management in Africa’s wealth management market are projected to reach US$843.61 billion in 2025. Financial Advisory is expected to dominate the wealth management market with a projected volume of US$798.88 billion. Deep dive!!Africa’s investment landscape in 2025 showcases a dynamic blend of established institutions and emerging firms, reflecting the continent’s economic growth and diversification. In 2025, Africa’s wealth management market is projected…

“Trump's business-like approach to diplomacy is counterproductive”.

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldUS manufacturers and service sector companies will focus on a key activity number next week to assess the damage from Donald Trump’s tariffs.A monthly composite poll by S&P Global of purchasing managers, to be published on Wednesday, will be an important barometer of how manufacturers and service providers reacted to the US president’s tariff blitz on April 2 and the subsequent 90-day pause announced on April 9. The consensus for manufacturing is projected to fall from 50.2 last month to 49.4,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Barclays has struck a deal with Brookfield Asset Management that could see the private equity firm become the majority owner of the bank’s payments business, ending a fraught process to offload the unit. The UK-based lender announced the transaction on Thursday, setting out a seven-year timeline over which the Canadian firm could buy an 80 per cent stake in the business.Barclays and Brookfield will aim to set the payments business up as a standalone unit over time with the bank set to…

Former Rep. Barbara Lee, D-Calif., defeated former Oakland City Council member Loren Taylor in Oakland’s special election for mayor, following months of uncertainty for the struggling city. While Taylor made inroads as a relative political outsider with campaign finance reports revealing he outraised the career California politician, Lee was ultimately triumphant following Friday’s ranked choice tallies. The race for mayor had been too close to call on Tuesday night following Oakland’s April 15 special election as Taylor maintained a slight lead over Lee, with just over a thousand more votes in his favor. Oakland follows a ranked choice voting system, where candidates…

Two people have died in a horror Easter Sunday motorbike crash in Melbourne’s outer north.The crash happened about 12.50pm in the suburb of Thomastown, with emergency services rushing to High Street on reports a motorbike had collided with a car.“The motorbike rider and their pillion passenger, who are yet to be formally identified, died at the scene,” Victoria Police said on Sunday afternoon.“The occupants of the car did not sustain any serious injuries.”Camera IconTwo people have died after a crash in Melbourne’s north on a motorbike police say was stolen., The crash between a car and the bike happened on…

[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell speaks Wednesday afternoon at the Economic Club of Chicago, delivering policy remarks with markets on edge over the effect of President Donald Trump’s tariffs.The appearance will be the last public speech Powell delivers before the central bank’s rate-setting Federal Open Market Committee meets May 6-7. Markets widely expect the FOMC to keep its key overnight borrowing rate unchanged in a range between 4.25% and 4.50%.However, Powell will have the chance to…

The US is negotiating with Iran over its nuclear program while bombing its allies, says Professor Hassan Ahmadian.

Anti-Israel law students at Harvard conspired to smear numerous law firms that have stood opposed to anti-Israel efforts on college campuses, an investigation by the conservative Washington Free Beacon found.Harvard’s student-led chapter of the National Lawyers Guild, a left-wing legal advocacy group with chapters around the country, held a “Big Law, Big Secrets: Wikipedia Edit-A-Thon” earlier this month on campus. The event, led by a student with a reported history of anti-Israel activity, was meant to “gather data to edit the Wikipedia pages of Big Law firms to reflect cases they have recently argued.” Two days later, over a dozen law…

Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. One year after a Wyoming college professor mysteriously vanished after leaving for a bike ride in the mountains, local police are still searching. And survival experts wonder what led an experienced outdoorsman to disappear into the wilderness. Authorities are still…