Gunmen have killed twelve people in a fresh attack in Plateau State, highlighting growing insecurity in Nigeria. Legit.ng has the details on the deadly incident.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
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.
The five heirs to Argentinian football legend Diego Maradona, who died in 2020, have signed a deal with Swedish-Iranian businessman Ash Pournouri and his company Electa Global to market products under the Maradona name, the Swedish company said Tuesday.
Stiff US tariffs on Switzerland badly hurt the Alpine country's exports in the third quarter, official figures showed Tuesday, with Swiss watchmakers suffering badly. First-quarter exports soared as orders for Swiss pharmaceuticals jumped in the US, where American importers were rushing to get ahead of Trump's tariffs.
UK government borrowing reached a five-year high in September, official data showed Tuesday, adding pressure to the government ahead of its annual budget. The public deficit between April -- the start of the UK fiscal year -- and September hit £99.8 billion ($133.6 billion), the Office for National Statistics (ONS) said in a statement.
Economy
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