Author: damazah@gmail.com

The Bank of England has kept interest rates on hold as it warned a continuation of the bitter fighting in the Middle East could force it to raise borrowing costs amid mounting fears over inflation.It also announced a surprise plan to sell billions of pounds in UK government bonds back to the Treasury to avoid fuelling turbulence in the gilt market, a decision that could have significant consequences for the public finances before next month’s budget.As the fallout from war in the Middle East fuels a rise in energy prices, the Bank’s monetary policy committee (MPC) voted by a majority…

SAN DIEGO, CALIFORNIA – JUNE 22: Manager Walt Weiss #22 of the Atlanta Braves looks on from the dugout before the game against the San Diego Padres at Petco Park on June 22, 2026 in San Diego, California. (Photo by Orlando Ramirez/Getty Images)Getty ImagesThe Atlanta Braves are closing in on another postseason appearance, with their pursuit of a National League East title coming down to the final games.Though the Braves have the lead in the race, they’ll have to continue to hold off the rival Philadelphia Phillies to earn the title.“Braves fans should not worry about making the postseason, as…

The Aichi-Nagoya Asian Games get under way this weekend under the shadow of a housing crisis that has organisers scrambling to placate athletes and officials from participating nations.The tournament has been mired in complaints over housing options for athletes travelling to Japan, after the host nation decided not to build a dedicated Games village for the 17,000 competitors and officials.Recommended Stories list of 3 itemsend of listTo cut costs this year, organisers are relying on a cruise ship, temporary wooden cabins and hotels, but this temporary accommodation has met with criticism in the days leading up to the continental competition.On…

Mathematicians give credit for insights gleaned through discussion but AI tools are not set up to do this. Credit: Hill Street Studios/GettyOpenAI’s announcement that it used an artificial-intelligence model to solve a major puzzle in fluid dynamics — the Navier–Stokes problem — is likely to change how mathematics is done forever. The claim, made by the AI company in San Francisco, California, on 8 September, has also sparked controversy about whether OpenAI tools have learnt information from human mathematicians who were also racing to solve the problem using AI tools.The widespread use of AI models across most fields of research,…

As the league celebrates its 30th season, a visual look at its growth on the court, as a business and as a global influence.

The Nigerians in Diaspora Commission (NiDCOM) has provided information on the detention of a Nigerian, Ekene Chukwuma, at the Lumpur detention camp in Delhi, India, following his arrest over visa overstay. In a statement issued on X on Wednesday, the commission said Mr Chukwuma was arrested last December after overstaying his visa and refusing to use the Emergency Travel Certificate (ETC) initially provided to allow him to exit the country without penalties The agency issued the statement in response to a request made by Arise TV journalist Rufai Oseni, who had brought Mr Chukwuma’s case to the commission’s attention and…

Tories challenge PM to rule out tax rises in budget, as Badenoch’s attack on TUC BofE appointment backfiresGood morning. With less than six weeks so go until the budget, economics is rising up the agenda at Westminster. The Bank of England is announcing its latest interest rate decision later – Graeme Wearden will have all the details on his business live blog – and Andrew Griffith is giving his first major speech since being appointed as shadow chancellor just over two weeks ago.Not surprisingly, Griffith is urging the chancellor, John Healey, to rule out tax rises in the budget. He…

President Donald Trump says the United States is “hopefully toward the end” of its war with Iran, claiming that he has directly spoken to officials in Tehran, raising the prospect of renewed diplomacy even as fighting has erupted in Yemen.However, there is still no confirmation from Tehran that direct negotiations with Washington have resumed. Just a day earlier, a senior Iranian official publicly rejected talks unless Iran’s conditions were met. Tehran, which has, in effect, closed the Strait of Hormuz, has been demanding that the US honour the terms of the deal signed in June.Recommended Stories list of 3 itemsend…

Moneda Investment Limited has successfully closed its N5 billion Series 1 Commercial Paper(CP) issuance at N6 billion, achieving 120 per cent subscription under its N30 billion CP programme. The successful close represents the first issuance under the programme and marks a significant milestone in Moneda’s efforts to deepen its access to institutional capital and strengthen its capacity to finance opportunities across African natural resource value chains. The transaction attracted demand above the initial N5 billion target, resulting in a N6 billion close. Commenting, Group Chief Executive Officer, Moneda, Ejike Egbuagu,  said: “It is a big deal to put yourself out there…

Comp AI, a cybersecurity and compliance startup, announced that it has raised a $34 million Series A round on Thursday. The round was led by Roo Capital and Grand Ventures.  The company was founded last January by Lewis Carhart (CEO), Claudio Fuentes (COO), and his brother, Mariano Fuentes (CTO). Claudio and Mariano had been building startups together for nearly a decade, met Carhart a few years ago, and invited him to join LeapAI, a workflow platform they were building. Claudio was the CEO and co-founder, while Carhart served as head of growth and Mariano was a senior full-stack engineer. The…