Nigeria’s Obi Vows to Overturn Tinubu Election Victory in Court
The Nigerian politician who ran an upstart presidential campaign from outside the two main parties said he will contest the election result in court after finishing in third place.
Bloomberg Business
Jewelry Maker Pandora Targets Recycled Gold
The world of ethical debt has reached the high-street jewelry market. Denmark’s Pandora A/S offered a sustainability-linked bond that includes a target to use 100% recycled silver and gold by 2025.
Texas Anti-ESG Push Is Coming for Insurers and Pensions in New Bills
A Texas lawmaker is seeking to broaden the fight against ESG policies by imposing further limits on the types of investments state pension managers can make and restricting shareholder proposals that would dictate insurance companies’ business with oil and gas firms.
US Service Sector Expands More Than Forecast Suggesting Hiring Success
The US service sector expanded in February by more than forecast as a measure of orders climbed to a more than one-year high and hiring increased.
Assistants Kindly Request That You Stop Calling Them Assistants
The title, responsibilities—and salary—have shifted since the pandemic.
Saudi Wealth Fund in Talks to Buy Rocco Forte Hotels Stake
Saudi Arabia’s sovereign wealth fund is in talks to buy a stake in Rocco Forte Hotels Ltd. that could value the luxury hotels group at about €1.3 billion ($1.4 billion), people with knowledge of the matter said.
Former UK Fintech Darling Railsbank Close to Sale as Problems Pile Up
Railsbank Technology Ltd., a onetime darling of the UK payments scene that says it’s raised more than $100 million from investors, may be sold off through an insolvency process as it faces mounting financial and regulatory problems.
RadioShack Owner Seeks Financing for Possible Bankruptcy
The owner of Pier 1 Imports and RadioShack is sounding out investors to finance itself through a possible bankruptcy, according to people with knowledge of the situation.
Harshest Chicago Mayor Race in Years Is Being Fueled by Citadel Donors and Unions
Chicago’s mayoral runoff could be swayed by executives at Citadel and Madison Dearborn Partners as well as the country’s largest teachers unions.
Pakistan Seals $2 Billion Loan From China Amid IMF Delay
Pakistan expects to receive a $1.3 billion loan rollover from Industrial and Commercial Bank of China, taking the total relief to $2 billion for the nation that is seen at risk of a default.
