Nigerian troops have killed notorious bandit commander Kachalla Kallamu in a major operation in Sokoto, causing confusion in the camp of kingpin Bello Turji.
The Central Bank of Nigeria (CBN) has made the audacious move to stabilise the naira by selling $150 million to banks in the foreign exchange market
JPMorgan Chase officially inaugurated its new Manhattan tower Tuesday, a 60-story skyscraper that also marks a kind of comeback of office working after the pandemic years. When the pandemic halted city life in its tracks in March 2020, JPMorgan had just finished the demolition of its old headquarters building at the same address, which had stood for 60 years.
GM cuts EV production in Canada, cites Trump backpedal
Netflix shares sank on Tuesday after the streaming television powerhouse reported quarterly profit that fell short of market expectations. Netflix shares were down more than five percent to slightly more than $1,173 in after-market trades that followed release of the earnings figures.
ChatGPT-maker OpenAI on Tuesday announced an "Atlas" search browser, leveraging its artificial intelligence prowess in a direct challenge to Google Chrome. Google shares were down slightly more than one percent in trading that followed OpenAI announcing Atlas. gc/bjt
German sportswear giant Adidas on Tuesday raised its 2025 earnings forecast after posting record third-quarter sales and saying it had limited the impact from US tariffs. He praised the company's teams for achieving record revenue in the third quarter.
Brazilian aircraft manufacturer Embraer on Tuesday reported a record order backlog in the third quarter of $31.3 billion after dodging the worst of US tariffs. The world's third-largest aircraft manufacturer hailed an "unprecedented high" in orders led by the commercial aviation sector with a backlog of 490 aircraft.
General Motors shares soared Tuesday after reporting strong results as it adjusts strategy over US President Donald Trump's tariffs and slashing of economic support for electric vehicles. On Tuesday, she thanked "the President and his team" for adjusting tariff policies, including a shift on Friday that lets the company offset some of the costs of tariffs on imported parts through 2030.
Denmark's Novo Nordisk said Tuesday it would replace more than half of its board, including the chair, as the Ozempic and Wegovy maker restructures in the face of rising competition for its anti-obesity treatments.
French luxury company Hermes on Tuesday announced that a British designer, Grace Wales Bonner, is taking over its men's pret-a-porter collection from a predecessor who held the position for nearly four decades. Wales Bonner takes over from French designer Veronique Nichanian, 71, who led the label's menswear line for the past 37 years.
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