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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EA shooter 'Battlefield 6' to appear in October
Promising vast combat zones and pounding action, team-based first-person shooter "Battlefield 6" is set for release in October, pitting it against longtime rival “Call of Duty” for autumn sales dominance. - Autumn showdown - Where "Call of Duty" focuses on tighter, smaller skirmishes, Battlefield has always striven to paint on a more epic canvas.
Heavyweight shooter 'Battlefield 6' to appear in October
Electronic Arts team-based shooter "Battlefield 6", expected to be one of the hit games of the year, will be released on October 10, the American publisher said Thursday. Electronic Arts does not reveal official sales figures, but has acknowledged that "2042" did not perform as well as expected.
Microsoft valuation surges above $4 trillion as AI lifts stocks
Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout. Microsoft was one of the first tech giants to double down on artificial intelligence when the launch of ChatGPT in 2022 rocked the tech industry.
Thousands of Afghans scramble for chance to work in Qatar
When Mohammad Hanif heard Qatar was opening jobs to Afghans, he joined thousands of others to put his name down for a shot to make a living in the gas-rich emirate, his own country wracked by unemployment.
Hong Kong sees 3.1% growth in second quarter
Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take advantage of US tariff easing. - Thursday's estimates showed private consumption, which had declined for four consecutive quarters, increased 1.9 percent, while exports of services saw 7.5 percent growth.
Stocks, dollar mixed tracking Fed, tariffs, results
Major stock markets and the dollar traded mixed Thursday as traders weighed a cautious Federal Reserve, strong tech earnings and new US tariffs. "US markets are expected to enjoy a buoyant open thanks in no small part to the bumper earnings seen from Meta and Microsoft," noted Joshua Mahony, chief market analyst at trading group Rostro.
BMW says can weather tariff storm despite profit plunge
German carmaker BMW stuck to its 2025 targets Thursday despite quarterly profits tumbling a third due partly to US tariffs, insisting its large American operations meant it could weather the storm. "The large plant in (the United States) and the SUVs produced there have helped to make the slump more manageable and BMW was able to sell more cars in the United States despite the tariffs," he said.
Renault profits slump as competition intensifies
French automaker Renault said Thursday that the tough retail and commercial van market in Europe had squeezed profits although it was able to maintain profitability better than most rivals. Rival Stellantis -- which includes the French brands Citroen and Peugeot -- saw its margin squeezed to just 0.7 percent in the first half of this year.
Taiwan's economy accelerates in second quarter
Taiwan's economy grew at a forecast-busting pace in the second quarter, official data showed Thursday, fuelled by demand for AI technology and firms placing orders before threatened US tariffs hit. And it was the fastest quarterly growth since the second quarter of 2021 when the economy grew by 8.28 percent, government data show.
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