For business and economic news from around the world
European Union and NATO top officials announced on Wednesday the creation of a joint task force charged with the task of offering better protection for the bloc’s critical infrastructure.
EU, NATO launch task force to protect critical infrastructure Read More
Global economic growth was projected to slow to 1.7 per cent in 2023, 1.3 percentage points below the forecast made in June last year.
World Bank downgrades 2023 global growth forecast to 1.7% Read More Growth in emerging markets and developing economies will be hit hard over the next two years, according to the World Bank’s latest Global Economic Prospects report.
World Bank sees emerging markets, developing economies being hit hard in two years Read More
The Earth’s ozone layer is on track to recover within four decades due to the implementation of the Montreal Protocol, a UN-backed panel of experts have said.
Ozone layer recovery on track due to Montreal Protocol – UN report Read More
World food prices declined for the ninth consecutive month in December, though many commodities are still at record highs, the Food and Agriculture Organisation (FAO) has said.
FAO reports food prices decline in December following ‘two very volatile years’ Read More
A decommissioned Lithuanian nuclear power plant is to be dismantled by a consortium led by U.S. engineering firm Jacobs, which is also to take care of waste management for the site.
Lithuanian nuclear plant to be dismantled by US engineers Read More
Russian President Vladimir Putin on Wednesday announced that the new Zircon hypersonic missile has been put into service as the country’s war effort flounders in Ukraine.
Putin puts new Zircon hypersonic missile into service Read More
World Health Organisation (WHO) has met with COVID-19 experts to discuss the current surge in the virus in China and to offer WHO’s expertise and further support on the situation.
COVID-19: China infection surge on agenda at WHO meeting Read More
UN says the New Year holiday witnessed a fresh surge of deadly attacks by Russian forces in Ukraine.
Ukraine witnesses free surge of deadly attacks by Russian forces Read More
President Muhammadu Buhari has joined world leaders in expressing grief over the death of Brazilian soccer legend, Edson Arantes do Nascimento, known as Pele who died on Thursday.
Buhari mourns soccer legend Pele Read More