Economy
UK's RMT union members accept pay deal to end long-running rail strikes
The RMT rail union on Thursday said its members have voted in favour of a pay deal to end more than a year of walkouts on the UK's strike-plagued rail network. While the Rail, Maritime and Transport (RMT), which represents various types of rail workers, has accepted a deal, the Aslef union, which represents drivers, has yet to come to an agreement.
Intense talks as OPEC+ meets to decide over output amid tumbling prices
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices. But heading into the meeting, disagreement over output quotas persisted among the OPEC+ group, which was forced to delay its key meeting by four days.
Eurozone inflation falls to more than two-year low
The annual rate of inflation in the eurozone fell to a more than two-year low in November, the EU's official statistics agency said Thursday. Belgium was the only country where consumer prices fell in November, dropping by 0.7 percent, according to Eurostat figures.
Naira bounces back at the official market to put Tinubu’s $1 trillion economic plans back on track
Naira made a stunning recovery at the official market, closing at N831.44 at the official market on Wednesday, November 29, 2023, a recovery of 0.06%.
N-Power: FG gives fresh update on delayed payment of stipends as beneficiaries protest
The Federal Government has finally addressed the delay in the payment of N-Power stipends as beneficiaries voice their frustration in the prolonged wait.
CBN gives directive to banks after Supreme Court ruling on old N200, N500, N1000 notes
The central bank of Nigeria has given order to banks on the issuance and acceptance of old and new notes in the country in a directive to banks in the country
Markets drift ahead of US inflation, but rate cut hopes build
Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year. Traders are now predicting a cut in the first half of next year.
Musk's latest gamble: Tesla Cybertruck set for debut
Four years after startling the car world with designs for the Cybertruck, Elon Musk is set Thursday to mark the arrival of Tesla's iconoclastic take on the American pickup.
Musk regrets controversial post but won't bow to advertiser 'blackmail'
Elon Musk apologized Wednesday for endorsing a social media post widely seen as anti-Semitic, but accused advertisers who are turning away from his social media platform X of "blackmail" and said anyone who does so can "go fuck yourself." "I'm sorry for that tweet or post," Musk said Wednesday.
Economy
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