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FTSE 100 Hits Record High as Miners and Healthcare Stocks Surge; Pearson Declines
LONDON – The UK’s FTSE 100 climbed to a record high on Wednesday, driven by gains in mining and healthcare stocks, while education company Pearson (PSON.L) slumped after losing a major contract in New Jersey. The blue-chip FTSE 100 index rose 0.3% as of 1010 GMT, following a subdued session the previous day. In contrast,
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0.23% Silver: ‘Mementos of Honour’ Turn Sour as Fake Coins Given to Retired Railway Staff in Bhopal
A disturbing case of alleged fraud has surfaced in Madhya Pradesh after silver coins presented as mementos to retired Indian Railways employees in Bhopal were found to be largely fake. What was meant to be a gesture of gratitude for years of public service has instead left several retired officials feeling humiliated and cheated, triggering
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New Tax Laws Aim to Promote Prosperity, Says NRS Chairman Zacch Ade
Zacch Adedeji, Chairman of the Nigerian Revenue Service (NRS), has clarified that the new tax laws introduced by the Federal Government are aimed at simplifying taxation, easing compliance, and promoting prosperity for both individuals and businesses. The laws, which took effect on January 1, 2026, have sparked misconceptions, but Adedeji stressed that their purpose is
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Lokpal Dismisses Asset Allegations Against BJP MP Nishikant Dubey, Calls Complaint Frivolous
The Lokpal of India has dismissed a complaint alleging disproportionate assets against Bharatiya Janata Party (BJP) Member of Parliament Nishikant Dubey, delivering a strong rebuke to the complainant and terming the allegations “frivolous, vexatious, and devoid of merit.” In a detailed 134-page order dated January 13, 2026, the anti-corruption ombudsman concluded that the complaint filed
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Global Shares Reach Record Highs as Metals Rally Continues
LONDON/SINGAPORE – Global equity markets hovered around record highs on Wednesday, as investors sought ways to justify optimism despite a complicated mix of economic, political, and geopolitical concerns. Meanwhile, the rally in precious metals and industrial commodities continued unabated, reflecting safe-haven demand and supply pressures. Traders navigated a complex backdrop, including U.S. corporate earnings reports,
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SUNU Founder Dione Patte Remembered Across Africa
Staff of SUNU Group, a pan-African insurance company, marked the third anniversary of the passing of its founder, Dione Patte, with thanksgiving services and prayers across Africa, from Nigeria to other countries where the Group operates. Employees gathered in churches and mosques, wearing white at Christian services, to honor his vision, humanity, and enduring impact.
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Indian Embassy in Iran Issues Fresh Advisory Urging Nationals to Leave as Protests Intensify
As protests continue to escalate across Iran, the Indian Embassy in Tehran on Wednesday issued a fresh advisory urging Indian nationals currently in the country to leave at the earliest by all available means of transport, including commercial flights. The advisory comes amid a rapidly deteriorating security situation, widespread demonstrations, and a tightening crackdown by
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Assam: Former Student Leader Rejaul Karim Sarkar Quits Congress Days After Joining, Triggers Political Storm
Former All Assam Minorities Students’ Union (AAMSU) president Rejaul Karim Sarkar resigned from the Congress on Wednesday, just days after formally joining the party, citing deep differences with its state leadership and alleging internal hostility. His abrupt exit has sparked a fresh political controversy in Assam, intensifying debates around identity, demography, and political positioning ahead
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Stanbic IBTC Insurance Gets Credit Rating Upgrade to ‘A’
Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has announced that Agusto & Co. upgraded its credit ratings for the 2025–2026 financial years. The company received a Long-Term Rating of A and a Short-Term Rating of A1, both with a Stable Outlook. The upgrade reflects growing confidence in the insurer’s financial resilience, governance, and
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UK Business Confidence Hits Three-Year Low Following November Budget, Survey Shows
LONDON – British businesses turned their most pessimistic in three years at the end of 2025, and sentiment worsened after Finance Minister Rachel Reeves’ November budget, according to a survey published on Wednesday by the Institute of Chartered Accountants in England and Wales (ICAEW). The ICAEW’s business confidence gauge fell to -11.1 in the fourth
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