Prices of foodstuffs have reportedly crashed in Benue, Borno, Adamawa, and Yola, to the joy of consumers but the displeasure of traders who are incurring losses.
Prices of foodstuffs have reportedly crashed in Benue, Borno, Adamawa, and Yola, to the joy of consumers but the displeasure of traders who are incurring losses.
Japanese inflation accelerated last month, official data showed Friday, ahead of a maiden policy speech by new Prime Minister Sakae Takaichi who has promised to ease pressure on households. The figures Friday showed the consumer price index jumped to 2.9 percent in September from 2.7 percent the previous month.
Germany's largest LGBTQ club SchwuZ announced on Thursday the venerable Berlin institution's lights will turn off for good on November 1, making it the latest casualty of the German capital's nightlife recession. Besides SchwuZ, Griessmuehle, Remise and Watergate are among the other Berlin venues to have turned the lights off for good as the "club death" phenomenon grips the German capital.
Artificial intelligence giant Anthropic said Thursday it was expanding its use of Google cloud computing and specialized chips in a deal worth tens of billions of dollars.
US fossil fuel giants produce most of their oil and gas domestically but pay billions more in taxes overseas than they do at home because of subsidies that have only grown during President Donald Trump's second term, a report said Thursday.
The United States on Wednesday hit Russia's two biggest oil producers -- Rosneft and Lukoil -- with sanctions, the first against Russia since US President Donald returned to office.
Apple lost a UK lawsuit Thursday which accuses the US tech giant of abusing the dominant position of its App Store, with claimants seeking more than £1.5 billion ($2 billion) in damages. At the heart of the claimants' case was that Apple used the App Store to exclude competitors, forcing users to use its system and boosting profits in the process.
US President Donald Trump has pardoned the convicted Binance co-founder Changpeng Zhao, the White House said Thursday, accusing Trump's predecessor Joe Biden of launching an unnecessary "war" against the industry.
American Airlines reported a smaller than expected loss Thursday, pointing to robust travel demand from wealthier customers that has offset weakness among lower-income consumers. The big US carrier reported a loss of $114 million in the third quarter, smaller than the $149 million loss in the year-ago period and also better than analyst forecasts.
Ukraine's President Volodymyr Zelensky urged EU leaders Thursday to agree a mammoth new loan using Russian frozen assets, after US President Donald Trump buoyed Kyiv by hitting Moscow with sanctions.
Economy
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