Two banks holding national banking licences are reportedly in talks to merge as the recapitalisation deadline set by the Central Bank of Nigeria (CBN) nears.
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Qantas says profits up, strong travel demand ahead
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How the National Single Window transforms Nigerian commerce
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Naira strengthens as FX reserves hit $41.2bn: Fresh dollar inflows boost confidence
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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Meta, TikTok challenge incoming EU digital market law
Tech giants Meta and TikTok are contesting the scope of an EU law that from March will set new rules on competition in the digital marketplace. The DMA comes after other EU laws aimed at imposing order and rules on the digital world.
Italian workers strike over hard-right government budget
Public sector employees and transport workers across Italy went on strike Friday in an action pitting trade unions against the hard-right government in Rome over its 2024 budget. But the watchdog that arbitrates strikes in Italy said it did not meet the criteria, as several sectors were excluded from the action, which is also being spread out over five days. ide/ar/rox
Activists slam conditions at Europe's fur farms, seek ban
Animal rights group on Friday decried conditions at 31 fur farms in Europe, following the emergence of videos showing dead mutilated foxes lying in cages and minks with severe eye infections. The photos and videos, seen by AFP, show caged minks, foxes and raccoon dogs sick and in convulsions, as well as a number of animal cadavres with open wounds lying in the cages.
Winds of change? Bid to revive England's onshore sector
When yet another winter storm hits Britain, Ellis Jacklin is happier than most, as he gets his energy at up to half the usual unit price. A self-declared pragmatist rather than "total eco-warrior", he uses the scheme's app to tell him when the turbine is turning fastest and his unit price is lowest.
US opens way for nuclear investment in energy-hungry Philippines
The United States on Thursday signed a nuclear cooperation agreement with the Philippines, clearing a path for US investment to jumpstart atomic power in a country racing to expand its electricity supply. "We see nuclear energy becoming a part of the Philippine energy mix by 2032 and we will be more than happy to pursue this path with the United States as one of our partners," Marcos said.
Tanking Alibaba drags Hong Kong as markets rally fades
Asian stocks fell Friday as a rally fuelled by the likely end of US interest rate hikes ran out of puff, while Alibaba dragged Hong Kong down after saying it would cancel the planned spinoff of its cloud computing arm.
The long-term economic risks of America's budget dysfunction
The use of stop-gap funding measures to keep the US government open amid frequent political squabbles over how to tackle rising national debt carries long-term risks for the world's largest economy.
Workers at GM ratify contract in win for US auto union
Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.
Asia trade talk stumble is another setback for US: analysts
The United States stumbled again in trade negotiations with Asia-Pacific partners this week, a setback that analysts say could weigh on America's standing as a partner in the face of China's growing influence.
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