Economy
Nintendo lowers sales forecast as first-half profits plunge
Nintendo downgraded its annual sales forecast on Tuesday as net profit plunged 60 percent year-on-year in the first half, with fans awaiting the announcement of a new console. In the April-September period, Nintendo logged net profit of 108.7 billion yen ($710 million), down 60 percent from the same period a year earlier.
Greenland seeks to capitalise on 'last-chance tourism'
A frozen landscape with breathtaking views, Greenland wants to attract more tourists, but its remote location and fragile environment -- which make it a unique destination -- also pose challenges. Developing tourism in a fragile environment is a tricky balancing act.
Dealers quote new price for imported rice as FG delays duty-free import policy
The price of imported rise increased 144.77% as inflation bites harder in 2024, rising from N95,000 to N120,000 in September as FG delays duty-free import.
Saudi Aramco says quarterly profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices. But its profits dropped by a quarter last year because of lower oil prices and production cuts.
Greenland eyes tourism takeoff with new airport runway
A new runway at Greenland's Nuuk airport that can accommodate international flights is expected to lift the tourism sector, at the risk of inundating the Arctic island's infrastructure and fragile ecosystem.
Boeing union says approves contract, ending over 7-week strike
Striking workers at Boeing approved a new contract proposal on Monday, ending a more than seven-week stoppage that had cost the beleaguered aviation giant billions.
China's premier 'fully confident' of hitting growth targets
Chinese Premier Li Qiang said Tuesday he was "fully confident" the country would hit its economic goals this year, lauding recent stimulus measures and suggesting there was still room for more. On Tuesday Li suggested that officials still had room to manouevre when it came to further measures.
Asian markets swing ahead of toss-up US election
Asian markets fluctuated Tuesday as traders jockeyed for position a day before results from the US presidential election rolled in, with opinion polls showing the vote on a knife-edge as the two candidates wrapped up their campaigns.
Nigeria missing on top list as report ranks world's most powerful passport
Singapore, which provides visa-on-arrival access to 195 out of 227 locations, is ranked as the top passport destination in the world by Henley & Partners.
Economy
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