Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors, police and a company source said Monday. The judges of the Milan court found that Loro Piana "negligently facilitated" the exploitation, according to the police statement.
Epic Games on Tuesday said its hit game "Fortnite" has returned to Apple's digital App Store after being sidelined for years due to a legal battle with the iPhone maker. "Fortnite is BACK on the App Store in the US on iPhones and iPads... and on the Epic Games Store and AltStore in the EU!"
Chief Innocent Chukwuma confirmed that investors from other countries have reached out to Innoson about collaborating to set up factories in Nigeria.
US President Donald Trump told rebel Republicans Tuesday to back his so-called "big, beautiful bill," despite criticism that its tax cuts will increase America's yawning budget deficit. The bill -- which is now formally named the "One Big Beautiful Bill" after Trump initially used it as a nickname -- cleared a key hurdle on Sunday when it progressed out of the House Budget Committee.
Google on Tuesday said it was beefing up online searches with even more generative artificial intelligence, as it presses on with embracing AI despite fears for its ad-based business model.
President Donald Trump's administration has reversed its halt on a giant offshore wind project in New York led by Norwegian company Equinor, US officials confirmed Tuesday. A Department of Interior spokesperson confirmed on Tuesday that the wind project halt had been lifted.
French luxury group Chanel said Tuesday that it suffered a 28.2-percent drop in net profit to $3.4 billion last year because of "challenging" conditions in some markets. "We saw challenging macroeconomic conditions which had an impact on sales in some markets," the CEO of the fashion house, Leena Nair, said in a statement.
The transmission towers were hit down by a heavy windstorm, disrupting power supply to Kaduna and three other states. TCN has shared alternate plans for the states.
Dealers have announced an increase in the price of crayfish, citing the off-season period as the reason. They say that the seafood is now difficult to find.
The EU said Tuesday that it was preparing to impose a two-euro ($2.25) flat fee on the billions of low-value packages that flood into the bloc each year, the great majority from China. Last year, 4.6 billion such small packages entered the EU -- more than 145 per second -- with 91 percent originating in China.
Economy
Load more