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 federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
US Federal Reserve Chair Jerome Powell warned Tuesday that risks to employment had risen in recent months, noting there had been a sharp slowdown of job creation in the world's leading economy.
Chipmaker Nexperia said Tuesday the Chinese government had banned it from exporting goods from China, after Dutch authorities seized control of the Netherlands-based firm citing management concerns.
An EU proposal aimed at improving animal transport conditions has hit a wall two years after its introduction, with negotiations deadlocked and its future uncertain.
US Treasury Secretary Scott Bessent slammed Beijing in an interview this week, accusing it of seeking to harm the global economy after China slapped sweeping new export controls in the strategic field of rare earths. His comments came days after Beijing imposed fresh controls on the export of rare earth technologies and items.
The International Monetary Fund on Tuesday lifted its outlook for global growth this year, flagging a milder-than-expected economic hit from President Donald Trump's tariff policies while warning of risks ahead.
The EU's attempts to integrate the economies of its 27 member states have been insufficient to boost lackluster growth, the IMF's chief economist said in an interview. "There's been some progress, but insufficient in our view, in terms of integrating these economies," Gourinchas said.
Italian designer Maria Grazia Chiuri was named Tuesday as the new chief creative officer at Rome-based luxury brand Fendi, just months after stepping down as womenswear designer at Dior. "Maria Grazia Chiuri is one of the greatest creative talents in fashion today," said Bernard Arnault, the multi-billionaire chief executive of fashion giant LVMH, which owns Fendi and Dior.
Fallen Austrian property tycoon Rene Benko pleaded not guilty Tuesday to alleged fraud, the first charges in a wide-ranging investigation into the insolvency of his former real estate empire. On the first day of his trial in the city of Innsbruck, Benko pleaded not guilty to the charges, according to a spokeswoman.
China imposed sanctions on five American subsidiaries of South Korean shipbuilder Hanwha Ocean on Tuesday, accusing them of supporting a US government investigation into the shipping industry, as tit-for-tat port fees took effect.
Economy
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