Britain’s M&S pulls out of Russia and warns on outlook
British retailer Marks & Spencer (MKS.L) will pull out of Russia altogether and joined rivals in warning about the outlook for the current year amid a worsening cost-of-living crunch. The…
British retailer Marks & Spencer (MKS.L) will pull out of Russia altogether and joined rivals in warning about the outlook for the current year amid a worsening cost-of-living crunch. The…
US sportswear maker Nike (NKE.N) has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major US brand…
NATO Secretary General Jens Stoltenberg Western countries must not trade security for economic profit, NATO Secretary-General Jens Stoltenberg warned on Tuesday, referring to debates over the use of Chinese technology…
The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco…
US and European stocks rallied on Monday, with the S&P 500 (.SPX) for the moment moving away from a bear market, while the euro leapt after the European Central Bank…
The governments of Nigeria and that of the Beninese have decided to invite private sector to run the Seme/Krake Joint Border Post in order to facilitate trade between the two…
Governor of CBN, Godwin Emefiele The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 13 per…
Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent (year-on-year) in real terms in the first quarter (Q1) of 2022, the National Bureau of Statistics (NBS) has said. In…
Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with US firms in advanced technology. The investments,…
Elon Musk Elon Musk’s rejection of environmental, social and corporate governance (ESG) scores as a “scam” highlights how Wall Street’s hottest investment trend that encompasses some $35 trillion in assets…