
The Nigerian currency, the naira, has fallen for the third consective days as demand for the US dollar spiral the official foreign exchange market.
The Nigerian currency, the naira, has fallen for the third consective days as demand for the US dollar spiral the official foreign exchange market.
Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes magazine reported Wednesday. The 54-year-old's net worth hit $500.1 billion Wednesday before dipping back to $499.1 billion, the publication's "Real-Time Billionaires" tracker reported.
Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country's government.
The Canadair water bomber revolutionized the fight against wildfires after it debuted in the skies decades ago. - 'Tractor of the sky' - Pierre Boulanger, a Canadair pilot from Quebec who travels to California to fight wildfires every summer, celebrated the resumption of production, calling the model the most "efficient" tanker aircraft on the market.
G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, since Moscow's invasion of Ukraine more than three years ago. "We will target those who are continuing to increase their purchase of Russian oil since the invasion of Ukraine and those that are facilitating circumvention," the ministers said in a joint statement.
Aviation groups urged US political leaders to quickly resolve a budget impasse Wednesday, warning that the government shutdown strains air travel and delays key upgrades. Airlines for America, which represents leading US carriers, urged congressional leaders to quickly remedy the situation.
President Donald Trump signaled Wednesday that he plans to push Chinese leader Xi Jinping on US soybean purchases when they meet, as American farmers grapple with fallout from his trade wars.
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the president mounts multiple challenges that have tested the independence of the central bank.
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the president mounts multiple challenges that have tested the independence of the central bank.
Asian fast-fashion giant Shein said Wednesday it had picked France to open its first permanent physical stores in November. "This alliance is more than just a launch -- it's a commitment to revitalise city centres across France, restore department stores and create opportunities for French fashion," Shein said.
Economy
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