It is arguably the world's most iconic plane, an instantly recognizable symbol of the US presidency. - A name, not a plane - Technically Air Force One is the callsign for whichever US Air Force plane, no matter how small, is carrying the US president.
Google said Wednesday that it had filed a complaint against Microsoft at the European Commission, accusing its rival of "anticompetitive" licensing practices to force customers to use its cloud service. The complaint was filed on Tuesday.
The organized private sector is worried that this could make bad loans in different deposit money banks worse following the recent decision of the MPC.
Volkswagen bosses and workers' representatives started crunch talks Wednesday about the ailing German auto titan's drastic cost-cutting plans, with thousands of staff staging a protest and unions vowing "bitter resistance". "Anyone who sows fear and gambles with the future of our colleagues will reap bitter resistance," vowed Groeger.
According to Yemi Cardoso, the governor of the CBN, the need for foreign currency will decline after petroleum products are taken out of the Dangote Refinery.
The OECD slightly raised its world economic growth forecast for 2024 on Wednesday but called for higher property and environmental taxes to combat soaring debt in many countries. "On the revenue side, efforts to eliminate distortive tax expenditures and enhance revenues from indirect, environmental and property taxes are called for in many countries," the organisation said.
British property website Rightmove said Wednesday it had rejected a third "unsolicited" proposal, worth £6.1 billion (US$8.2 billion), from REA Group, the Australian peer majority-owned by Rupert Murdoch's News Corp empire. The first takeover proposal was priced at £5.6 billion.
China this week unveiled a bundle of new measures aimed at kickstarting its economy, which has been battered in recent years by unprecedented headwinds including a property sector crisis and sluggish spending. The raft of measures, including the cuts, are considered the boldest in years as Beijing aims to revive economic activity.
Amid an increase in foreign reserves and a hike in Nigeria's interest rates, the naira fell against the US dollar, depreciating to N1,658. per dollar from N1,562/$.
Sri Lanka's new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country but imposed punishing and unpopular austerity measures, analysts say. - 'Best interest of the country' - Dissanayake's predecessor, Ranil Wickremesinghe, was voted out of office after doubling income taxes and imposing other reviled austerity measures.
Economy
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