Economy
Mixed US car sales in Q3 as industry hopes for post-election bounce
US automakers reported mixed US third-quarter sales, pointing to sluggish demand as consumers contend with affordability challenges and wait for lower interest rates to reach the car lending market.
French luxury goods giant LVMH in F1 sponsorship deal
French luxury goods giant LVMH on Wednesday announced a 10-year sponsorship deal as a global partner of Formula One. “We were thrilled to work with one of the LVMH Maisons during the Las Vegas Grand Prix last year, and to now expand our relationship with the Group as they become a Global Partner." kap/ak/nr/bsp
CBN data shows money outside banks exceeds currency in circulation in Nigeria
The Central Bank of Nigeria (CBN) has said that money in outside banks has surpassed currency in circulation as Nigeria sees a surge of N4.04trn in circulations
Macron backs Chinese EV tariffs as Scholz calls for dialogue
French President Emmanuel Macron reaffirmed his support for EU tariffs on Chinese electric vehicles, during a visit to Berlin on Wednesday. "I do support the European Commission on that," Macron said when questioned about the issue at the Berlin Global Dialogue event.
US private sector adds more jobs than expected in September: ADP
US private sector hiring picked up in September, with employers adding more jobs than anticipated, according to data released Wednesday by payroll firm ADP. ADP data showed private sector employment rose by 143,000 jobs, significantly higher than the 120,000 figure that a consensus by Briefing.com expected.
EU queries Snapchat, TikTok, YouTube over 'harmful' content risks
The EU voiced concerns about "harmful" content posted on Snapchat, TikTok and YouTube as it told the digital platforms on Wednesday to hand over more information on how their platforms recommend content to users.
Prices of bread, other food Items to crash as N96.3 billion worth of Maize, Wheat arrive in Nigeria
2633.015 tonnes of imported wheat and maize, estimated at about N96.3 billion is set to arrive in Nigeria as part of efforts to crash food prices and end shortages.
Spain logs record summer tourism as inflow draws protests
Spain welcomed a record 21.8 million international visitors this summer, official data showed on Wednesday, an influx of tourism that has triggered some protests in the country. - Heading towards annual record - The most common nationality of tourists in Spain over the summer was British, with 4.17 million UK visitors.
Hedi Slimane quits as Celine's artistic director
Hedi Slimane has quit as artistic director at Celine, the French haute couture house said Wednesday, amid speculation the 56-year-old may fill Karl Lagerfeld's empty chair at Chanel. "Under his creative and artistic direction, Celine has experienced exceptional growth and established itself as an iconic French couture house," the house said in a statement.
Economy
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