A US private equity group is poised to take control of the UK’s fourth-largest supermarket group. Clayton, Dubilier & Rice (CD&R) has won an auction for the British supermarket Morrisons with a £7bn ($9.5bn) bid. It marks a return to the UK grocery sector for Terry Leahy, the former chief executive of Tesco, who is […]
The Permanent Representative of Nigeria to the UN, Prof. Muhammad Bande, has been conferred with the Distinguished Alumni Award by Boston University (BU), Massachusetts, United States. Bande was conferred with the award at the ’73rd Best of BU Alumni Awards’ ceremony in Boston in recognition of “his innovative performance as the 74th President of the […]
One of France’s most recognisable figures, the businessman, sports club owner and politician Bernard Tapie, has died at the age of 78. Tapie, who had battled stomach cancer for the past four years, died peacefully, surrounded by his family, they said in a statement. At one time he owned Adidas, Olympique Marseille and was a […]
The United Nations Assistant Secretary-General, UN Development Programme’s Assistant Administrator and Director of the Regional Bureau for Africa, Ms Ahunna Eziakonwa, will travel to Nigeria on an official visit from Oct. 7 to Oct. 15. A correspondent of the News Agency of Nigeria (NAN) in New York reports that Eziakonwa would also embark on high-level […]
Chinese property giant Evergrande’s shares have been suspended as investors await a statement about its future. The crisis at the world’s most indebted property developer has triggered fears that its potential collapse could send shockwaves through global markets. The firm said the trade halt came ahead of “an announcement containing inside information about a major […]
Tesla (TSLA) said Saturday that it produced 237,823 vehicles in its third quarter and delivered 241,300, more than double the number of vehicles for the same period a year ago. In the 2020 third quarter, the company produced 145,036 vehicles and sold 139,300. That 64% increase in production suggests the electric vehicle maker will report […]
More than 1,500 Taliban supporters attended a rally on Sunday in a vast field to the north of Kabul, in a show of strength as they consolidate their rule of Afghanistan. The crowd, exclusively men and boys, heard speeches by leading Taliban officials and commanders at Kohdaman township in the hilly outskirts of the capital. […]
The boss of United Airlines has told the BBC that firing staff who refuse to get a coronavirus vaccine is “just the right thing to do”. Around 300 of the airline’s 67,000 US based staff are yet to comply with the strict policy, after an initial deadline of 27 September. Vaccine hesitancy has been a […]
North Korea said Sunday the United Nations Security Council applied double standards over military activities among U.N. member states, state media KCNA said, amid international criticism over its recent missile tests. The Council met behind closed doors Friday upon requests from the United States and other countries over the North’s missile launches. The meeting came […]
Protesters returned to the streets in major cities across Brazil on Saturday, calling for the impeachment of President Jair Bolsonaro amid worsening economic conditions, rising unemployment, and hunger in the Covid-wracked country. Thousands of people gathered in Sao Paulo and Rio de Janeiro — Brazil’s most populous cities — chanting, “Out Bolsonaro, out Bolsonaro” and […]