Economy
Chinese leader Xi Jinping called for Beijing and Berlin to develop ties with a "strategic" and "long-term" perspective Tuesday as he met with German Chancellor Olaf Scholz in Rio de Janeiro, state media said. "The two countries need to view and develop bilateral relations from a long-term and strategic perspective," Xi said.
Walmart reported a jump in third-quarter profits Tuesday behind solid US sales and gains in its e-commerce business as the retail behemoth lifted its full-year financial forecast. The company increased its full-year profit forecast to a range of $2.42 to $2.47 per share, lifting its midpoint of the prior range by five and a half cents.
FG, through CREDICORP, has introduced the SCALE programme to empower Nigerians with loans to acquire affordable cars, generators, food, electronics and more.
British farmers massed in London on Tuesday for protests against controversial government plans to change inheritance tax rules for land ownership, which they claim threatens to break up the sector and hit food production.
French farmers planned on Tuesday to step up their protests against a proposed trade pact between the European Union and four South American countries, saying it threatens their livelihoods.
Negotiators sought Tuesday to break a deadlock at UN climate talks after G20 leaders backed the need for "trillions" of dollars for poorer countries but left key sticking points unresolved.
German industrial giant Thyssenkrupp reported Tuesday a massive annual loss for the second year running, as it battles challenges including a crisis in its historic steel division. Several key units -- including steel, automotive, and materials -- saw falling orders and sales in 2023/24, with Thyssenkrupp pointing to "significantly weaker demand" from major industries.
Germany urgently needs 11,600 physiotherapists to meet the elderly population's increasing demand, according to survey which shows open vacancies.
The Nigerian naira has broken a new exchange rate record, sinking to its lowest at N1,690.37 per dollar in the official market on Monday, November 18, 2024.
Economy
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