Economy
US postpones Asia trade deal rollout after domestic fire
President Joe Biden's administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism.
Asian markets cautiously higher as US data looms
Equity markets edged up Tuesday as investors cautiously await the release of US inflation data, aware that a big miss in either direction could have major implications for the Federal Reserve's interest rate plans over the next few months.
1962 Ferrari auctioned for $51.7 mn in New York: Sotheby's
A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby's said. The 250 GTO went on sale Monday evening after a few minutes of bidding in the auction room, but at a price lower than the more than $60 million expected by RM Sotheby's, the luxury car subsidiary of the auction house.
Sustainable development on the menu as APEC finance chiefs meet
Economic development and environmental action need to march hand in hand if the world is to successfully combat global warming, US Treasury Secretary Janet Yellen said Monday at the start of major global meeting.
Argentina inflation hits new high before presidential vote
Argentina's annual inflation rate has hit 143 percent, the statistics agency announced Monday, just days before a presidential election in which the dire state of the economy will be a deciding factor. The national statistics agency reported that inflation over the past 12 months had risen 142.7 percent, up from 138 percent in September.
Accelerating Sustainable Industrial Growth: Private Sector Leaders Convene at the Pan-African ESG Forum
The ESG forum, an industry-leading initiative, is aimed at promoting sustainable and responsible business practices within the manufacturing sector.
“No More N757/$:” Cost of cars, other imported items to rise as customs hikes FX rates for duties collection
The Nigerian Customs Service (NIS) has hiked its Foreign Exchange rates by N787.775 per dollar for duties collection at various ports and borders across Nigeria
Discover Planet Drink: A world of tastes now in Nigeria
Planet Bottling Company is thrilled to introduce Planet, its fruit drink brand in partnership with Monarch Beverages, to the dynamic Nigerian market.
Emirates, flydubai lay big orders at Dubai Airshow
Emirates announced a bumper order of 95 planes and flydubai snapped up 30 wide-bodied aircraft as home-grown airlines unveiled big orders on day one of the Dubai Airshow on Monday. This week is the first edition of the biennial Dubai Airshow since Emirates bounced back into the black. th/ho/jsa
Economy
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