Bloomberg Dangote Group’s fertiliser plant, now under construction in Nigeria’s biggest city of Lagos, will be ready to start production late this year, according to Saipem SpA, the builders. Owned by Aliko Dangote, Africa’s richest man, the facility located in the Lekki district of Nigeria’s commercial hub, has a name-plate capacity of 3 million tons a year of urea and ...

Because of his incontinent use of it, the rhetorical mustard that the president slathers on every subject has lost its tang. The entertainer has become a bore, and foretelling his defeat no longer involves peering into a distant future: Early voting begins in two states (South Dakota and Minnesota) 61 days from Sunday, which is 107 days before Election Day. ...

China’s cosmetic brands may finally be ready to face down their foreign rivals, thanks to the Covid outbreak and a wave of patriotic buying. The rising popularity of domestic makeup products is an example of how the pandemic upheaval and geopolitical tensions are creating unexpected winners and losers. Shares of Proya Cosmetics Co, Guangdong Marubi Biotechnology Co and Shanghai Jahwa ...

Taiwan Semiconductor Manufacturing Co (TSMC) was expected to be severely hurt by a US ban on producing chips designed by Huawei Technologies Co, one of its largest clients. The opposite seems true. The Taiwanese chip foundry posted earnings that far surpassed estimates, and went on to raise its revenue and spending guidance for this uniquely troubled year. Not only does ...

For the Federal Reserve, this time really is different. Having learned a hard lesson in the last recovery — don’t tighten monetary policy too early — the central bank is leaning in the opposite direction. In practice, that means the Fed will not just emphasize actual inflation over forecasted inflation, but will also attempt to push the inflate rate above ...

Bloomberg Oregon sued the US over the detention of residents during anti-racism protests in Portland, shortly after a judge ruled that journalists alleging local police had assaulted them could add federal agents to their own lawsuit. In her suit against the Department of Homeland Security, the US Marshals Service and other federal agencies, Oregon Attorney General Ellen Rosenblum alleges they ...

Bloomberg Democratic presidential nominee Joe Biden predicted that big wins for his party in November could lead to an “epiphany” that convinces Republicans to join Democrats in pulling the country out of crisis. “If we win as big as we possibly can, there’s going to be a great, great epiphany that’s going to take place, as we Catholics say,” Biden ...

Bloomberg A top Russian official said his country could roll out a vaccine against Covid-19 as soon as September, while denying accusations that hackers working for the country’s intelligence agency tried to steal sensitive data from rival researchers in the UK, US and Canada. “Russia may be one of the first to produce a vaccine against the backdrop of the ...

Bloomberg In an election that took place largely on social media, the most tweeted-about hashtags during Singapore’s recent polls reflected the breakthrough made by the main opposition party as it won a record number of seats in Parliament. Twitter, Facebook, Instagram and Reddit are just some of the platforms where both campaigning, and heated debate, took place as social distancing ...

Bloomberg Thousands of people marched through the streets of the Russian far east city of Khabarovsk, local media reported, in a second week of protests over the arrest of the region’s popular governor, amid a deepening crackdown on opponents of President Vladimir Putin. Demonstrators carried slogans demanding the release of Khabarovsk Governor Sergey Furgal, according to footage posted on social ...