Economy
Nigeria inspiring other African countries using biotechnology to solve food Security issues - expert
Jean Baptiste Tignegre has disclosed that other African countries are learning how to deploy biotechnology to drive food security on the continent
UAE oil giant ADNOC swoops on German chemicals firm Covestro
German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europe's largest economy is gripped by crisis. - Chemicals crisis - ADNOC's bid for Covestro comes while the challenges facing the Germany's energy-intensive chemicals industry show no signs of abating.
Eurozone inflation falls under 2% for first time since 2021
The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut. The slowdown in inflation comes after energy prices fell sharply by 6.0 percent in September, compared with a drop of 3.0 percent in August, Eurostat data showed.
Naira’s spot rate nears N1,700 per dollar in official window as turnover tumbles
Currency dealers in the official markets quoted the US dollar at a high of N1,691 per dollar and a low of N1,540 as the naira reversed its two-day gain.
Droughts drive Spanish boom in pistachio farming
Two decades ago, Miguel Angel Garcia harvested grapes and grains on his farm in central Spain, like his father and grandfather before him. Garcia harvests 10 to 20 tonnes of the green nut each year at his 26-hectare (64-acres) farm in Manzanares in the central region of Castilla-La Mancha, part of a boom in pistachio production in Spain.
Locals toil as experts toast Turkish wine renaissance
As the evening light falls on her vineyards in northwestern Turkey, Zeynep Arca Salliel pinches the grapes and tastes the skin. "Alas, we remain a well-kept secret," says Salliel.
Kenya airport whistleblower fears for his life
Nelson Amenya caused an uproar by exposing secret talks for an Indian firm to take over Kenya's main airport. The Adani Group did not respond to a request for comment from AFP. Amenya believes the airport deal would not have been made public until it was already signed, had he not exposed it first.
Tokyo recovers some losses as most Asian markets rise
Tokyo stocks rose Tuesday, recovering some of the losses suffered in the previous day's rout, as the yen weakened against the dollar, while most other Asian markets started the day on a positive note following another record on Wall Street. All three main indexes on Wall Street rose, with the Dow chalking up another record, and most of Asia followed suit.
Qatar Airways seeking 25% stake in Virgin Australia
Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal that could shake up Australia's Qantas-dominated market. That could significantly shake up Australia's air travel market which is currently dominated by Qantas, a pseudo-flag carrier beset by allegations of price gouging and deliberate overbooking.
Economy
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