Economy
Hermes bags sales growth except in Asia
French luxury group Hermes, known for its leather bags and silk scarves, on Tuesday said it continued to see sales growth in the third quarter despite a dip in Asia. Sales in Asia outside Japan dipped 0.1 percent in the third quarter, but the company said this is partially due to an exceptional performance last year due to Covid restrictions being lifted in China setting off a surge in spending.
Israel-Hamas war risks 'serious' economic damage: World Bank president
The war between Israel and Hamas could deal a "serious" blow to global economic development, the president of the World Bank told an investor conference in Saudi Arabia on Tuesday.
“N1.9 trillion generated:” Lagos, Rivers top Nigerian states with highest IGR in 2022
Lagos, Rivers, and Ogun states are among the top Nigeria states with the highest internally Generated. Revenue (IGR) in 2022, according to the NBS.
10 best states to start a business in Nigeria in 2024 and why
The list of the 10 best states to do business in Nigeria has been revealed, with Lagos State and Anambra leading the pack, full of opportunities for entrepreneurs.
Drought-hit farmers in US heartland hope Mississippi 'comes back'
Jonathan Driver, an Arkansas farmer with blackened hands and a thick southern drawl, doesn't have a minute to spare. Plus, local farmers feel a real attachment to the Mississippi.
“Today victory is not for Nigeria alone”: Tinubu reacts as Nigeria wins $11bn p&ID case in UK court
President Bola Ahmed Tinubu has reacted to the victory of Nigeria in the UK Court in the case involving Process & Industrial Development (P&ID) Limited since 2013.
Qatar Airways chief Akbar Al Baker to step down
Qatar Airways' longstanding chief executive Akbar Al Baker is to step down from his role, the state-owned airline announced on Monday. In a statement, Qatar Airways confirmed Baker, who served the airline for 27 years, "will be stepping down from his current position as group chief executive officer effective November 5th, 2023".
Adbond urges property owners to consider agriculture, shares tips on maximising undeveloped land
A real estate company, Adbond Harvest and Home has shared insight on how Nigerian households can explore the potential of owning a farm for later use as home.
US auto union halts work at Stellantis plant, expanding strike
The US auto workers union halted work at a giant Stellantis truck plant on Monday, expanding a five-week strike hitting Detroit automakers. The United Auto Workers action means that 6,800 workers walked off the job in Sterling Heights, Michigan, where the European auto giant assembles the highly profitable Ram 1500 pickup trucks.
Economy
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