Sosoliso plane crash survivor, Kechi Okwuchi, has shared her harrowing experience and recounted what she did as the aircraft was about to go down.
Sosoliso plane crash survivor, Kechi Okwuchi, has shared her harrowing experience and recounted what she did as the aircraft was about to go down.
The Central Bank of Nigeria (CBN) has made the audacious move to stabilise the naira by selling $150 million to banks in the foreign exchange market
Asian markets rose again Thursday to extend the week's global rally as traders ramp up bets on a third successive US interest rate cut next month. The global gains come after markets took a hit this month on concerns that a tech-led surge in recent years may have been overdone and the vast sums invested in the AI sector will take some time to see returns.
In India's tech capital Bengaluru, the morning "rush hour" lasts so long it devours half the workday, throttling productivity in a city often viewed as the poster child of a booming economy.
Japanese beer giant Asahi said Thursday it has delayed the release of full-year financial results due to a major ongoing cyberattack that began in late September. "While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal year ending December 31, 2025," Asahi said in a statement.
The consequences of climate change such as last year's deadly floods "increasingly threaten" the growth of Spain's economy, one of the developed world's most dynamic, the OECD warned on Wednesday.
Food giant Campbell's has dismissed as "absurd" claims allegedly made by a senior executive, who has since been placed on leave, that its soups are made with "3D-printed" chicken and consumed by "poor people." In the audio, a voice -- allegedly Bally's -- is deriding Campbell's "highly processed foods" as "shit for ... poor people."
As biting prices weigh on families heading into the US holiday season, farmers and business owners say President Donald Trump's tariffs have driven up production costs on everything from turkeys to vegetables. Some small business owners say they struggle to survive, even as the year-end shopping season approaches.
Bread prices across Nigeria have remained high despite a notable drop in flour costs, thereby frustrating consumers and vendors who expected relief.
Britain's government signalled Wednesday it could issue permits for oil and gas extraction around existing North Sea fields, despite a promise to halt licences for new production in the area. The government said it aims to "manage existing oil and gas fields for their lifespan and not to issue new licences to explore new fields".
German insurance giant Allianz signalled Wednesday looming job cuts due to its adoption of artificial intelligence with a report saying up to 1,800 roles, mainly in call centres, could be axed. Many companies have been announcing job cuts due to adoption of AI as the boom in the technology gathers pace. sr/fz/rl
Economy
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