The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
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88 postal operators suspend services to US over tariffs: UN
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Union to vote on deal to end strike at Boeing defense branch
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Food prices: Rice, beans, garri crash in markets as Tinubu gives order to FEC
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US govt protests import bans on 25 products by Nigerian govt, shares lists
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Qatar signs 27-year gas deal with Britain's Shell
Qatar has agreed to supply British firm Shell with natural gas for 27 years, the Gulf emirate's state-owned energy company announced on Wednesday. The deal with Shell is equal in length to an agreement with France's TotalEnergies announced earlier this month for a 27-year supply of natural gas.
Transition trouble: German car suppliers struggle with electric shift
After years earning bumper profits by producing parts for fossil fuel-powered cars, German suppliers to the crucial auto industry are struggling as the transition to electric mobility gathers pace. And with the transition moving at different paces around the world, industry players see an appetite for traditional combustion engine products for years to come.
"Nothing has changed": naira continues downward slide after CBN promised to supply more dollars
The Nigerian currency, the naira, has failed to recover after CBN said it would supply more foreign exchange to the official market to boost the forex market
Dutch chip tech giant ASML posts sales dip, eyes bright future
Dutch tech giant ASML Wednesday posted slightly weaker sales and profits in the third quarter compared with the previous three months, amid a growing semiconductor trade spat between the West and China.
Vietnam's VinFast struggles to sell electric cars at home
Vietnam's VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home. With poor demand in Vietnam, and limited sales and bad press in the United States, VinFast may be producing more cars than it can sell, Guild said.
Equities drop, oil rallies on fears of broader Middle East war
Asian equities retreated and oil prices rallied Wednesday on fears that the Israel-Hamas conflict could spill over into a regional war after a strike on a Gaza hospital dealt a blow to President Joe Biden's diplomatic drive. The Hamas-run Palestinian territory's health ministry blamed Israel for the hospital blast, but Tel Aviv said it was caused by a rocket misfired by Hamas ally Islamic Jihad.
China says third-quarter economic growth slowed to 4.9%
China's economic growth slowed to 4.9 percent in the third quarter, official data showed Wednesday, as an unprecedented property crisis hit consumption and business activity in the country.
China's third-quarter economic growth slows to 4.9%: official data
China's economic growth slowed to 4.9 percent in the third quarter, official data showed Wednesday, as an unprecedented property crisis hit consumption and business activity in the country. Retail sales, the main indicator of household consumption, rose a forecast-beating 5.5 percent on-year in September, according to official figures published on Wednesday by the NBS. sbr-tjx/je/dan
Tinubu running an 'Animal Farm' economy, says Atiku
Atiku Abubakar's Special Assistant on Public Communication, Phrank Shaibu, has slammed Bola Tinubu, citing the latest inflation figures for food from 26.72% to 30.6%
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