Economy
Asian stocks rise on US gains ahead of key China policy meeting
Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's annual growth target and other key policies will be announced.
Investor group raises bid for US retailer Macy's to $6.6 bn
An investor group that offered to buy the struggling US department store chain Macy's in December and was turned down said Sunday it has sweetened its bid. “We remain frustrated by the delay tactics adopted by Macy's Board of Directors and its continued refusal to engage with our credible buyer group," the investors said.
"Dune: Part Two" spices up N.America box office with big opening
Bringing spice to a so-far lean movie year, Warner Bros.' new sci-fi film "Dune: Part Two" shot to the top of the North American box office this weekend, taking in an estimated $81.5 million, industry watcher Exhibitor Relations reported Sunday.
Several countries extend oil cuts to boost prices
Moscow, Riyadh and several other OPEC+ members on Sunday announced extensions to oil production cuts first announced in 2023 as part of an agreement among oil producers to boost prices following economic uncertainty.
Nigerians react as British Council increases IELTS fees for the second time in 2024
The British Council has again increased the price of International English Language Testing System (IELTS) citing economic and foreign exchange issues.
Swiss vote to boost pension payments: projection
Swiss voters on Sunday accepted a proposal to significantly boost pension payments, projections showed, in a move hailed as "historic" by backers at a time when the country's ageing population faces ever-swelling living expenses.
'Game-changing' tech fuels US relook at China data risks
From genomic information to internet-connected cars, the United States is rethinking its data protection policies -- with further trade curbs aimed at China in the cards -- as tech like AI brings new risks. She noted that the Commerce Department's investigation into risks from Chinese tech in connected vehicles is "a long-overdue look into the application layer of the future internet."
Cargo ship damaged by Huthi strike sinks: Yemen government
A cargo ship loaded with fertiliser has sunk in the Gulf of Aden less than two weeks after it was damaged by missiles from Yemen's Huthi rebels, Yemen's government said Saturday. Since November, the Huthis have been carrying out attacks on ships linked to Israel in the Red Sea and the Gulf of Aden, saying they are acting in solidarity with Palestinians in the Gaza Strip.
Energy expert calls for Investment, Innovation to revitalise Nigeria’s oil production
James Arukhe, an Oil & Gas expert, asserts that reviving Nigeria's oil sector is not just a matter of necessity but an opportunity for transformative growth.
Economy
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