The Spanish economy, the eurozone’s fourth-biggest, rebounded sharply in the third quarter as a lifting of the coronavirus lockdown saw activity resume, official data showed on Friday.
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Exxon Mobil said Thursday it will eliminate 1,900 US jobs as part of a global cost-cutting drive that will shrink its global workforce by about 15 percent over the next two years.
The US... Read More...
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Finnish telecoms equipment maker Nokia more than doubled its profits in the third quarter as its new chief executive promised on Thursday to do “whatever it takes” to become the 5G market leader... Read More...
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Key World Trade Organisation (WTO) ambassadors on Wednesday tapped Nigeria’s nominee, Ngozi Okonjo-Iweala, as the best pick to lead the organization, but she was opposed by the United State of... Read More...
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The October Purchasing Managers’ Index for the manufacturing sector stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May.
This is... Read More...
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After two days of cautious trading, the nation’s bourse on Friday recorded N164 billion growth following renewed investors interest.
Specifically, the market capitalisation which opened at... Read More...
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The Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited Financial Statement with a 99.7% reduction in its loss profile from ₦803bn in 2018 to ₦1.7bn in 2019.
Tthe... Read More...
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Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), says global economic growth is expected to fall to -4.4 per cent in 2020.
She made this known on Wednesday in... Read More...
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The International Monetary Fund (IMF) predicts a 4.4% decline in growth in 2020 as the global economy struggles to recover from the pandemic-induced recession and experiences its worst collapse in... Read More...
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Britain’s unemployment rate has jumped to 4.5 percent as the coronavirus pandemic continues to destroy jobs, official data showed on Tuesday.
The reading for the June-August period compared... Read More...
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