IGP Kayode Egbetokun has finally commented on the confrontation between the FCT Minister and some naval officers in Abuja and disclosed the steps taken so far.
More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing futuristic industry, a Beijing official has warned. More than half of China's 150 humanoid robot companies -- a figure still increasing -- are "startups or 'cross-industry' entrants, which is a good thing for innovation", Li said.
Google will pay more than $40 million to support South African news media, many of them floundering in a digital age, the country's competition authority said Thursday. In February, the Competition Commission had recommended that Google pay up to $27 million a year for five years, following a 16-month investigation that found Google searches favoured international news over local outlets.
Britain's economy slowed in the third quarter, official data showed Thursday, dealing another blow to the Labour government ahead of its annual budget. The growth figure comes after official data this week showed UK unemployment rising more than expected to 5.0 percent in the third quarter, ahead of the November 26 budget.
The Lagos state government has announced 25% subsidy on essential food items such as rice, beans, garri, and bread for ease hardship for the reseidents.
Burberry said Thursday it narrowed losses in its first half thanks to the British luxury fashion label's turnaround plan begun a year ago. Nevertheless, the group announced Thursday that sales fell five percent to £1.0 billion in its first half. bcp/ajb/jh
Rustling through fallen golden leaves, locals in a forest outside Arslanbob in the Kyrgyz mountains were scurrying for walnuts -- an ancient pastime and economic lifeline for the region. Locals are trying to address the problem, including by seeding millions of trees in the Arslanbob forest nursery.
In a recording studio in Dhaka, voiceover artist Rubaiya Matin Gity dubs the latest Turkish soap opera to become a megahit in Bangladesh -- a pop-culture trend that reflects growing ties between the two countries.
More than 3,000 striking Boeing defense workers will vote Thursday on a revised contract proposal that comes closer to their demands. The offer replaces the prior proposal of a $3,000 signing bonus plus $3,000 in restricted stock.
European lawmakers are expected on Thursday to back weakening a set of EU environmental and human rights rules, as part of a business-friendly push against red tape that has split parliament.
Asian markets trod water Thursday as euphoria over the end of a record US government shutdown petered, with focus back on Federal Reserve interest rates and tech bubble worries. The currency has come under pressure following dovish comments from Japan's central bank that tempered best on another interest rate hike and as the US moved towards reopening its government.
Economy
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