The Islamic State West Africa Province (ISWAP) has narrated how its men captured and killed Brigade Commander, M Uba, after ambushing a military force in Borno
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.
Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the US central bank "did not need to be in a hurry" to cut interest rates again.
US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this "the only fair way" to trade. And on Sunday, he said he would make a detailed announcement on the tariffs on Tuesday or Wednesday, adding that "every country will be reciprocal."
The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to becoming one of the world's most important companies.
The US Federal Reserve is in a strong position to weather the "highly uncertain" economic outlook, but its inflation fight will take time to win, a senior US central bank official said Tuesday.
The Trump administration's tariff threats and animosity towards electronic vehicles are producing a "lot of cost and a lot of chaos" for Ford, the automaker's chief executive said Tuesday. But "so far what we're seeing is a lot of cost and a lot of chaos," he said.
Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut policy, as the country's economy maintains resilient growth and a relatively strong labor market.
Artificial intelligence developer OpenAI is "not for sale", chief executive Sam Altman said in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk. The Wall Street Journal reported late Monday that Musk, a co-founder of OpenAI, had made his $97.4 billion offer to the board.
US farmers caught up in President Donald Trump's short-lived attempt to freeze all federal funding descended on Congress Tuesday to demand answers after grants to their politically influential sector were paused.
A liquidity crisis might be brewing as data shows that banks borrowing from CBN has grown almost five times within one week, as deposits crash within the period.
Economy
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