Commenting on Bloomberg on MTN’s operations in Iran, Peter Takaendesa, CIO of Mergence Investment Managers, highlights that MTN’s problems in that country underscore deeper governance and geopolitical risks facing multinationals operating in sanctioned or politically complex markets. Peter stresses that investors should factor ESG risks more explicitly into valuations, as such events can quickly erode shareholder value and reputational trust. He adds that the situation reinforces the need for boards to act decisively and transparently when navigating international compliance obligations.

NVIDIA shares swing as investors digest record-breaking results
NVIDIA shares swung after the chipmaker posted record first-quarter revenue of $81.6 billion, fuelled by booming AI demand. The stock