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Business

Tesla profits tumble but shares rise on new vehicle plan

Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting.But...

Business

US sanctions network smuggling American tech to Iran's central bank

The US Treasury Department unveiled sanctions against a network of companies and individuals Friday for facilitating illegal technology transfers from dozens of US firms...

Business

Boeing urges airlines to check switches after LATAM plane plunge

Boeing on Friday warned airlines flying its 787 Dreamliner model to inspect certain switches in the cockpit, after a New Zealand-bound LATAM plane dropped...

Business

H&M shares tumble as CEO steps down

H&M chief executive Helena Helmersson announced Wednesday she was stepping down, sending shares in the fashion retailer tumbling as the Swedish company reported lower-than-expected...

Business

UBS to cut 35,000 jobs after Credit Suisse rescue: report

Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency...

Business

Shell says European windfall taxes to cost $2 billion

British energy giant Shell on Friday said windfall taxes imposed by the European Union and UK following a surge in profits would cost the...

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35 feared dead as plane crashes in...

Politics

Tinubu congratulates Ganduje on 75th birthday

Tech

Tech reigns as study reveals top performing...

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Bishop Kukah blames stampedes on FG’s...

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