The United States (US) says it has killed an Iranian leader linked to an alleged plot to assassinate Donald Trump, escalating tensions with Iran.
Nigeria's naira faces renewed pressure, trading at N1,384/dollar amid high demand. External reserves near $50bn may stabilise the currency as oil prices rise.
A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned by Klarna, against tech giant Google for over $8 billion for promoting its own shopping comparisons in search results. It also said that prior to Google launching its own price comparison service, independent price comparison sites were shown high up in search results.
The Association of Chartered Certified Accounts (ACCA) has begun begun a programme in Nigerian schools to sensitise young students on Sustainable Development Goals.
Multiple expert predictions have said that the Nigerian currency will appreciate between N1,400 and N1,450 per dollar as Nigeria's inflation rate continues to fall.
A global outage hit Amazon's cloud services on Monday, the subsidiary of the US tech giant said, disrupting many websites and services including Amazon Prime, Perplexity, Fortnite, Alexa, Snapchat and Duolingo. Downdetector, a website monitoring internet problems, showed the outage took down many online services.
Shares in Thyssenkrupp's naval unit surged Monday as it was spun off from the German industrial giant, highlighting the buzz around European defence firms as the continent rearms amid a growing Russian threat.
The share price of Kering, the French luxury group that owns Gucci and other brands, jumped sharply Monday after it announced the $4.6-billion sale of its beauty products division to L'Oreal. Proceeds of the sale of its beauty division, which includes its leading perfume brand Creed, will go to alleviate the 9.5 billion euros ($11 billion) in debts it has racked up.
A cargo plane veered off a runway Monday during landing in Hong Kong, hit a security patrol car and then skidded into the sea, leaving two men in the vehicle dead, authorities said. Yiu said the patrol car was not on the runway at the time of the accident, and that "it was the aircraft that veered off the runway to hit the patrol car, which was outside the fence" and pushed it into the water.
China's economic growth slipped below five percent in the third quarter of 2025, the slowest pace in a year as trade headwinds and a domestic consumer slump continued to weigh. It also represented the slowest growth since the same quarter last year, when GDP expanded 4.6 percent.
Asian markets rose Monday after conciliatory comments from Donald Trump at the weekend ease worries about China-US trade tensions, while Tokyo stocks surged to a record on news of a deal to end political turmoil in Japan.
Economy
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