Economy
Asian markets on front foot as US jobs data provide new rate cheer
Asian stocks rose Wednesday after a tepid start to the week as data pointing to a softening US labour market restoked hopes the Federal Reserve will cut interest rates in the new year. While the jobs figures reinforced rate cut hopes, Wall Street's three main indexes ended mixed.
High speed rail between LA and Las Vegas gets $3bn boost
A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant. A line linking Las Vegas with America's second biggest city has been mooted for almost two decades, during which time its proposed cost has ballooned.
Venezuela, Guyana tensions rise over disputed oil-rich region
Tensions rose between Venezuela and Guyana Tuesday as Caracas proposed a bill to declare a Venezuelan province in a disputed oil-rich region and ordered the state oil company to issue licenses for extracting crude there.
US antitrust regulators probe ExxonMobil's Pioneer deal
US antitrust officials are seeking additional information related to ExxonMobil's megadeal to acquire Pioneer Natural Resources for about $60 billion, according to a securities filing Tuesday. The Federal Trade Commission (FTC) lodged a second request for "additional information and documentary materials" with both companies on Monday, Pioneer said in the filing.
Doctors in England to stage longest NHS strike ever
Hospital doctors in England plan to strike around Christmas in their longest industrial action in the history of Britain's state-run health service, after pay talks broke down Tuesday.
Climate change by numbers
As countries try to hammer out a response to climate change at the COP28 talks in Dubai, here are some key figures about how fossil fuels have warmed our world.
Nigerians react as ex-gov El-Rufai floats $100 million venture capital company
Nigerians have expressed mixed reactions to the announcement of a new venture capital firm launched by the former governor of Kaduna State, Nasir El-Rufai.
Musk's X defends its Dublin riot response
Social media giant X, formerly known as Twitter, has defended its response to recent rioting in Dublin that was in part fuelled by far-right users of the platform. The Dublin parliament is also considering a hate speech bill that would clamp down on users posting inflammatory content on social media.
“N400 per passenger”: Gas-powered buses begin operations in Nigeria ahead of Christmas
Ogun State has witnessed the commencement of operations of the Compressed Natural Gas (CNG) buses along the Mowe-Ibafo-Berger Lagos axis of the state.
Economy
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