India has signed a contract to purchase 26 Rafale fighter jets from France, New Delhi's defence ministry said Monday, with the multi-billion-dollar deal to include both single and twin-seat planes. "The governments of India and France have signed an inter-governmental agreement for the procurement of 26 Rafale Aircraft," the defence ministry said in a statement.
China's central bank on Monday cut two benchmark interest rates in a bid to boost lagging growth in the world's second-largest economy. The one-year LPR, which constitutes the benchmark for the most advantageous rates that banks can offer to businesses and households, was cut from 3.45 percent to 3.35 percent.
Some 20,000 protesters hit the streets of Palma in Mallorca Sunday for a mass demonstration against overtourism, demanding changes to a touristic model they say is harming the Spanish Mediterranean island.
According to the recently released Consumer Price Index by the National Bureau of Statistics, the average price of tomatoes, garri, and beans rose 205.36% in May
The federal government plans to spend about N45 billion for the free conversion of 30,000 commercial transport vehicles over the next three months.
A putrid smell hangs over the black-stained shores of Lake Maracaibo in Venezuela, where an oil slick is emblematic of the steep decline in the country's once-enviable petroleum industry. - 'The lake is lost' - A few oil pumps still operate on Lake Maracaibo's polluted shore, but dozens of machines stand idle.
The Central Bank of Nigeria (CBN) has order commercial banks and other financial institutions to deposit funds left in dormant accounts in its accounts.
The Boss is officially a billionaire, Forbes said Friday, estimating that Bruce Springsteen is conservatively worth $1.1 billion. The guitar hero bard behind hits including "The River" has solidified much of his wealth in recent years, the financial outlet indicated, in no small part due to a blockbuster sale in 2021 of his music catalog to Sony for an estimated half-a-billion dollars.
President Joe Biden's administration on Friday announced plans to phase out single-use plastics in all federal operations by 2035, as part of a broader effort to combat what it deemed a rising global crisis.
Adidas said Friday it had dropped vocal pro-Palestinian model Bella Hadid from an advertising campaign for retro sneakers referencing the 1972 Munich Olympics, which were overshadowed by a massacre of Israeli athletes. Pictures of the American model wearing the retro Adidas shoes had caused an outcry among pro-Israeli groups.
Economy
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