Abubakar Bawa, the chairman of the PDP in Taraba state, has announced his resignation from the party. He gave reason for his action as governor sets for defection.
The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has proven to be a complex task. - 'Ticks all the boxes' – India's luxury market is still relatively small, but expanding rapidly.
A global outage hit Amazon's cloud services on Monday, the subsidiary of the US tech giant said, disrupting many websites and services including Amazon Prime, Perplexity, Fortnite, Alexa, Snapchat and Duolingo. Downdetector, a website monitoring internet problems, showed the outage took down many online services.
Shares in Thyssenkrupp's naval unit surged Monday as it was spun off from the German industrial giant, highlighting the buzz around European defence firms as the continent rearms amid a growing Russian threat.
The share price of Kering, the French luxury group that owns Gucci and other brands, jumped sharply Monday after it announced the $4.6-billion sale of its beauty products division to L'Oreal. Proceeds of the sale of its beauty division, which includes its leading perfume brand Creed, will go to alleviate the 9.5 billion euros ($11 billion) in debts it has racked up.
A cargo plane veered off a runway Monday during landing in Hong Kong, hit a security patrol car and then skidded into the sea, leaving two men in the vehicle dead, authorities said. Yiu said the patrol car was not on the runway at the time of the accident, and that "it was the aircraft that veered off the runway to hit the patrol car, which was outside the fence" and pushed it into the water.
China's economic growth slipped below five percent in the third quarter of 2025, the slowest pace in a year as trade headwinds and a domestic consumer slump continued to weigh. It also represented the slowest growth since the same quarter last year, when GDP expanded 4.6 percent.
Asian markets rose Monday after conciliatory comments from Donald Trump at the weekend ease worries about China-US trade tensions, while Tokyo stocks surged to a record on news of a deal to end political turmoil in Japan.
Every five years, the fading US town of Taft puts on a days-long "Oildorado" festival to celebrate its glory days at the center of California's black gold rush. Festival-goers can compete for the title of best welder, crane operator or backhoe loader -- or be crowned the "Oildorado Queen."
OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions among investors about how the startup will finance these purchases. "They will need hundreds of billions of dollars to live up to their obligations," said Gil Luria, managing director at D.A. Davidson, a financial consulting firm.
The Centre for the Promotion of Private Enterprise has warned that President Tinubu’s recent pardon of convicted offenders could undermine investor confidence.
Economy
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