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Markets mixed after US inflation data, China figures give boost

Asian markets were mixed Monday after data showed a slight uptick in US inflation but Federal Reserve boss Jerome Powell said the reading was...
Business

Saudi Aramco CEO calls energy transition strategy a failure

Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as...
Business

Biden or Trump, hawkish economic approach on China to intensify

In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards China has become more targeted under...
Business

TotalEnergies reports record annual profit at $21.4 bn

French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity...
Business

IMF to revise regional outlook over Israel-Hamas conflict

The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region due to the ongoing Israel-Hamas...
Business

Netflix gains subscribers with ads and password crackdown

Netflix on Wednesday said subscriber numbers grew more than 10 percent to 247 million in the recently ended third quarter as it cracked down...
Business

Tesla disappoints in quarterly results as discounts bite

Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout...
Business

Le Pen warns France at risk of 'social explosion' over pensions reform

French far-right leader Marine Le Pen warned Tuesday that President Emmanuel Macron was pushing the country to the verge of a "social explosion" with...
Business

IBM to cut 3,900 jobs as it reorganizes business

IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to...

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OSINBAJO: I can’t wait to leave office, insult govt to my heart’s content

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Vice-President Yemi Osinbajo has jocularly revealed how he is...

Nigeria Social Media Awards 2023

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The event will honor individuals and organizations that are...

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Love, Damini is the sixth studio album by Nigerian...

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