Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China’s economy. Seoul’s Kospi ticked higher for a third straight day, eating further into the losses sustained … Read more
Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again. It would be the ECB’s third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment … Read more
The movers and shakers of the video game industry will gather Thursday in Los Angeles to celebrate the annual Game Awards, the sector’s equivalent of the Oscars. But no amount of glitz and glamour can put a sheen on what has been one of the worst years in the industry’s history, marked by waves of … Read more
In a patch of South America rich in lithium, used to make batteries for electric cars and other tech, Bolivia is lagging behind its neighbors in the race to mine the key metal. An area called the Lithium Triangle which spills over the borders of Bolivia, Chile and Argentina is home to 60 percent of … Read more
Last week’s slaying of UnitedHealthcare executive Brian Thompson has brought renewed attention to the widespread dissatisfaction with the American health care system, even as prominent leaders have condemned the killing. Reports that the casings of the bullets fired by suspected shooter Luigi Mangione had the words “depose, deny, delay” inscribed on them prompted horror stories … Read more
The U.S. Mission in Nigeria is calling on qualified organizations to apply for a grant opportunity designed to empower talented, low-income Nigerian students to pursue their academic aspirations in the United States. This announcement, made by the Public Diplomacy Section of the U.S. Mission, underscores the United States’ commitment to fostering educational exchange and building … Read more
As the Christmas season draws near, the Rivers State command of the Nigeria Police Force has issued a serious advisory against night time travel on the Elele-Omerelu and Isiokpo-Elele Roads within the Ikwerre Local Government Area, citing an increase in kidnappings and other criminal activities in that area. The State Commissioner of Police, Mohammed Mustapha, … Read more
Muhammadu Sanusi II, the Emir of Kano, has expressed his confusion over security operatives’ recent blockade of his palace. Despite the blockade, which restricted movement in and out of the palace, the Emir remains unaware of the reasons behind the action. There are unconfirmed claims that the development was in connection with the appointment of … Read more
Economic officials in outgoing President Joe Biden’s administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump’s White House return. The talks come as Treasury Secretary Janet Yellen stressed in an interview Wednesday the need for “ongoing communications at all levels” to avoid … Read more
The Emir of Kano, Muhammad Sanusi II, has assured residents of Bichi local government area in Kano state that the Emirate Council will ensure the peaceful conveyance of their district head, Munir Sanusi Bayero, to assume his duties in Bichi. Sanusi gave this assurance on Wednesday, December 11, during a solidarity visit by traditional and … Read more