Italy bans Kanye West from Reggio Emilia show over safety fears
Italian authorities have blocked Kanye West from performing in Reggio Emilia, citing public order concerns, as his troubled European comeback tour loses another date.
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Billionaire Robert F. Smith's company sells renovated Palm Beach estate for $29.25 million
A company linked to billionaire Robert F. Smith and his wife Hope has sold a renovated Palm Beach estate for $29.25 million, recording a tidy profit.
South African billionaire Magda Wierzycka warns the UK is no longer safe for global investors
South African billionaire and Sygnia CEO Magda Wierzycka has warned that the UK is losing its appeal as a destination for serious global investors.
Michael Jordan set to pocket millions as PSG's Champions League win triggers jersey sales surge
Michael Jordan is set to pocket millions after PSG's Champions League final win over Arsenal triggered an immediate surge in jersey and merchandise sales.
MacKenzie Scott's Africa giving surpasses $1.5 billion as she deepens ties with continent's top nonprofits
MacKenzie Scott's cumulative giving to Africa has surpassed $1.5 billion, with new grants in 2024 and 2025 scaling up her commitment to the continent.
Egyptian billionaire Hisham Talaat Moustafa's TMG wins Iraqi investment licence for $18.8 billion Baghdad mega-city project
Egypt's Talaat Moustafa Group has secured a formal Iraqi investment licence to develop an $18.8 billion integrated city in southwest Baghdad.
A SpaceX-Tesla merger would create a $3.4 trillion giant that loses money every year
Elon Musk is weighing a potential merger of SpaceX and Tesla that would create the world's largest-ever company deal at $3.4 trillion.
Egyptian tycoon Safwan Thabet's Juhayna Food doubles first-quarter profit to $13.6 million on surging sales
Egypt's Juhayna Food Industries more than doubled its first-quarter net profit in 2026 as revenue climbed sharply across dairy and juice segments.
Billionaire Dr. Dre and Rep. Maxine Waters clash over $360 million Compton School bond measure
Dr. Dre and Rep. Maxine Waters have landed on opposite sides of a $360 million Compton school bond measure ahead of Tuesday's vote.
Uganda clears Absa takeover of Standard Chartered's retail and wealth banking business
The Bank of Uganda has approved Absa Bank Uganda's takeover of Standard Chartered's retail and wealth banking operations in the country.
Benjamin Fernandes built NALA until it broke under its own growth. A $50 million credit line is how he fixes that
Benjamin Fernandes's NALA has secured a $50 million non-dilutive credit facility from Liquidity and MUFG Bank to pre-fund stablecoin cross-border payment corridors as enterprise demand from US, European and African businesses accelerates sharply.
Aliko Dangote's refinery cuts petrol and diesel prices again as crude markets ease
Aliko Dangote's refinery cut ex-depot petrol prices to ₦1,250 per liter and diesel to ₦1,700, the second reduction in a week as crude eased.
Johann Rupert's Richemont surged 11% in May and is now closing in on a R2 trillion JSE valuation
Richemont surged nearly 11% in May, pushing its JSE market cap to just under R1.9 trillion as Johann Rupert's luxury empire closes in on a historic R2 trillion milestone.
The Inside Story: The $100 Million Handshake
On May 20, two men who have been friends for 25 years stood on the same refinery jetty. One is preparing to sell a slice of the future. The other is buying in.
Executive Insight: Five Moves That Matter on the Continent
A cross-continent read on the capital decisions reshaping African wealth this week.
Wealth Intelligence: The $50 Billion Question at the Dangote Refinery
Inside the Dangote Refinery listing and what a public valuation does to Africa’s largest private fortune.