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Cathay inspects A350 fleet after engine component failure
Hong Kong carrier Cathay Pacific has temporarily grounded its fleet of A350 aircraft for inspections after a "first of its type" engine component failure forced a flight to Zurich to turn back on Monday. The move came after a Cathay flight to Zurich on Monday was forced to return and the company identified an engine component failure, it said, without saying which component.
'Queen of Trash' in dock in Sweden's biggest toxic waste scandal
Eleven people go on trial in Sweden on Tuesday accused of illegally dumping toxic waste in the country's biggest-ever environmental crime case. Considered Sweden's largest environmental crime case, the police investigation runs to more than 45,000 pages, with 150 witnesses due to testify.
Asian markets drift ahead of key US figures, eyes on China
Asian markets stuttered Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data stoked renewed worries over the world's number two economy. Nervousness over the Chinese economy was keeping buyers at bay after another round of data showed the country's manufacturing sector contracted for a fourth straight month.
Ex-Volkswagen CEO faces trial over 'dieselgate'
Former Volkswagen CEO Martin Winterkorn is set to go on trial Tuesday for his role in the "dieselgate" scandal, nine years after the saga first plunged the German auto titan into crisis. The highest-ranking former executive to have been convicted so far in the scandal is ex-Audi CEO Rupert Stadler.
UN hosts Libya rivals for central bank crisis talks
The United Nations said it held talks Monday with rival powers in Libya over the country's central bank crisis which has threatened vital oil income. The UN mission said the talks in the capital Tripoli "concluded with significant understandings" between the two sides "on ways to address" the bank crisis.
Good news: CBN sees recovery in H2 2024, forecast 7 trends to drive economic growth
The CBN projected that Nigeria's real sector output will expand by 3.38% in 2024, up from 2.74% in 2023 due to increasing investments in the oil and non-oil sectors.
“Maximum value to its shareholders”: Zenith Bank announces increase in earnings to N2.1 trillion
Zenith Bank Plc has made available its audited results for the six months as the country's banking industry tries to navigate a challenging economic environment.
Breaking: Former President, Umaru Yar’adua’s mother is dead, details emerge
Dada Yar’adua, mother of former Nigeria's President, Umaru Yar’adua, and former Vice President Shehu Yar’adua, passed on on Monday, September 2, 2024.
Analysts predict new naira rate against dollar, speak on growth projection
Analysts predict that following the CBN recent infusion of FX sales to BDCs, the value of the naira will stabilize at roughly N1,500 in the second half of the year.
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