Author: Lucas

Grace Eliza Goodwin and Kwasi Gyamfi AsieduWashingtonWatch: “This is not good” – Airline travellers react to flight reductionsAir travel will be cut by up to 10% at 40 major airports, resulting in thousands of cancelled flights, in the coming days if the US government shutdown continues, US Transportation Secretary Sean Duffy has announced. The decision, which will impact domestic flights only, was made because air traffic controllers had been reporting fatigue, the head of the Federal Aviation Administration (FAA) said.Some 1.4 million federal workers, from air traffic controllers to park wardens, are working without pay – or are on forced…

The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a fourth quarter dividend of $1.50 per share for each of Farmer Mac’s three classes of common stock ? Source link

In Mumbai, edged slightly higher. The price of 24-carat gold rose to Rs. 12,258 per gram from Rs. 12,257 a day earlier, while 10 grams traded at Rs. 1,22,580 compared to Rs. 1,22,570 the previous day.Similarly, 22-carat gold rose to Rs. 11,236 per gram from Rs. 11,235, with the 10-gram price gaining to Rs. 1,12,360 from Rs. 1,12,350.In Chennai, gold prices edged slightly lower. The price of 24-carat gold fell to Rs. 12,295 per gram from Rs. 12,349 a day earlier, while 10 grams traded at Rs. 1,21,950 compared to yesterday’s Rs. 1,23,490.Similarly, 22-carat gold slipped to Rs. 11,270 per…

Industrial consumers have rejected the government’s claims of reducing electricity tariffs and controlling the power sector’s circular debt through revised agreements with independent power producers (IPPs), as capacity payments have once again surged, adding fresh pressure on consumers. The National Electric Power Regulatory Authority (NEPRA) on Thursday reserved its decision on a petition filed by power distribution companies (Discos) seeking permission to recover Rs. 8.4 billion from consumers for the first quarter of FY2025-26 (July–September). The public hearing turned contentious, with industrial representatives accusing the government of introducing “cosmetic reforms” while the power sector’s financial crisis deepens. During FY2024-25, capacity…

Despite the residential property market showing signs of improvement, ongoing economic uncertainty remains with the Autumn Budget looming. Data from Octane Capital reveals the resilience of the residential sector compared to weakening demand in the commercial property market. Research shows that while non-residential property transaction volumes are down 5.5% across the UK so far in 2025, residential transactions have risen by 6.1% over the same period. Residential property market has shown a more resilient performance According to the data, non-residential transactions are averaging 9,910 per month in 2025, down from 10,488 per month in 2024. In contrast, residential transactions are…

CHRIS EUBANK JR and Conor Benn will lace up their gloves once again for a highly-anticipated rematch. One of boxing’s most famous rivalries has another chapter on November 15, as Eubank and Benn meet again. Sign up for the Sport newsletter Thank you! Chris Eubank Jr and Conor Benn meet again on November 15Credit: Getty This family feud began 35 years ago when Chris Eubank Sr won by TKO in the ninth round against Nigel Benn before the second clash between the fathers in 1993 ended in a draw. Eubank Jr and Benn followed in their dad’s footsteps back April…

Toobit, the award-winning global cryptocurrency exchange, today announces its full integration with the CryptoCurrency eXchange Trading Library (CCXT), the world’s most widely adopted open-source library for quantitative and algorithmic trading. This partnership opens Toobit to a vast ecosystem of over 100,000 algorithmic traders, developers, and trading bot platforms globally. The CCXT library acts as a universal adapter, unifying the application programming interfaces (APIs) of numerous crypto exchanges into a single, standardized format. For Toobit traders, this integration means: Instant algorithmic access: Traders and developers can now connect their existing trading bots, quantitative models, and high-frequency systems directly to Toobit. Simplified…

German Economy Minister Katherina Reiche said she expects the government’s new mechanism for subsidizing electricity costs for energy-intensive industries through 2029 can be rolled out at the start of next year.Reiche told reporters in Berlin that negotiations with the European Commission on the “industry power price” are in the final stages, and she expects the measure — which could cost as much as €5 billion ($5.8 billion) — to be introduced on Jan. 1. Source link

The UK real-estate sector is showing signs of recovery, with most investors and developers planning to increase investment across key asset classes over the next three years. Alternative lenders already hold a significant share of outstanding commercial real estate loans and are well placed to capitalise on renewed activity. Key findings from the survey, which have helped underpin the report are: Cybersecurity remains a hard barrier – 56% would not borrow from a lender that had recently experienced a cybersecurity breach, highlighting that innovation must be matched by strong cyber resilience. Investment intent across assets – borrowers plan to increase…

The Provost, Life Theological Seminary, Prof. Cletus Orgu, has given kudos to the body of Christ for her contribution to quality education and healthcare services in the country. Orgu made the comment during the media briefing announcing the commemoration of the Seminary’s 70th anniversary with the theme: “70 years of training men and women for effective ministry”, which took place at the Seminary’s premises, Ikorodu. “Kudos should be given to the Church for her relentless contribution to nation building in the area of providing quality education as well as healthcare delivery in this nation. “In addition to that, this seminary…