Prices of foodstuffs have reportedly crashed in Benue, Borno, Adamawa, and Yola, to the joy of consumers but the displeasure of traders who are incurring losses.
Prices of foodstuffs have reportedly crashed in Benue, Borno, Adamawa, and Yola, to the joy of consumers but the displeasure of traders who are incurring losses.
Two years after nations agreed to transition away from fossil fuels, dozens are pushing to go even further at the COP30 climate summit, setting up a showdown with oil powers. It was the first time a decision by all nations at a climate summit had explicitly mentioned a global move away from fossil fuels, the main driver of climate change.
The BBC said Thursday that its chairman had sent a letter to US President Donald Trump apologising for a misleading edit of one of his speeches, but rejected that it was grounds for a defamation lawsuit.
French rail manufacturer Alstom reported Thursday a strong first half of its 2025-2026 fiscal year, as sales and net profit both rose, propelled by healthy global demand for trains and rail infrastructure.
US drugmaker Pfizer said Thursday that it has completed its acquisition of biotech firm Metsera, closing a deal worth up to $10 billion after a fierce bidding war. It had offered to acquire Metsera for up to $86.25 per share, making the deal worth around $10 billion.
More than 3,000 striking Boeing defense workers on Thursday voted to end a strike over wage increases and retirement benefits, one of the longest work stoppages in the company's history. After rejecting four previous offers, workers accepted a wage increase and a $6,000 upfront payment.
Hundreds of unionized Starbucks baristas kicked off an indefinite strike Thursday in cities across the United States, protesting working conditions and stalled labor negotiations. The "Red Cup Rebellion" will see rallies at 4 pm local time in more than a dozen US cities, and a work stoppage by about 1,000 baristas, according to Starbucks Workers United.
Mexico's car assembly industry, one of the biggest in the world, fears US President Donald Trump's tariff war will impede access to an increasingly indispensable component: digital dashboard touchscreens for which parts are sourced mainly in China.
EU states on Thursday agreed to scrap a bloc-wide duty exemption on low-value orders from the likes of retail giants Temu and Shein to help tackle a flood of cheap Chinese imports. Member states, including France, and the EU executive hope the duty exemption can be done away with from the start of next year, rather than 2028.
Economy
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