Tag Archives: drop

Germany’s GfK Consumer Confidence Index rose slightly, but despite beating expectations, sentiment remains fragile amid high inflation and job insecurity. The DAX fell 0.9%, marking its fifth loss, as European markets slid on hawkish Fed signals. ADVERTISEMENT Germany’s consumer climate remains entrenched in pessimism, with the January GfK Consumer Confidence Index showing only a minimal improvement. The leading indicator for …

An initial decline was to be expected, said analysts, as certain investment funds were restricted to French-listed stocks. ADVERTISEMENT The French media company Canal+ saw its share price drop by more than 20% on Monday as the firm made its debut on the London Stock Exchange. From an opening price of 290p, shares had fallen to around 221p at around …

  Sean “Diddy” Combs has dropped his appeal to be released on bail until the start of his trial next year.     The voluntary dismissal means the hip-hop mogul will remain behind bars at the Metropolitan Detention Center in Brooklyn until the start of his criminal trial in May.     “Mr. Combs does not seek to appeal the …

Davido unveils the title of his long-awaited fifth album. On December 5, 2024, Davido took to his social media platforms to unveil the title for his fifth album which he calls ‘5ive’. Ahead of the album release, Davido announced a new single ‘Funds’ featuring Chike and OdumoduBlvck set for release on November 6, 2024. In a post on his Instagram …

The Super Eagles of Nigeria have suffered a massive drop from  36th in the world to 44th in the latest FIFA rankings.Nigerias eight-place drop in the latest rankings released on the football governing body website on Thursday, November 28, has seen the three-time African champions make their biggest decline in recent years.The Eagles drop was due to their poor outing …

A key survey shows Germans preparing to tighten their belts rather than boost private consumption, the sector which provides half of the GDP in Europe’s biggest economy. ADVERTISEMENT Europe’s top economy, Germany, has seen economic uncertainty, including job losses in the car industry, send consumer expectations to their lowest level in seven months. The Gfk Consumer Climate Indicator, a key …

General Christopher Musa, Nigeria’s Chief of Defence Staff, has revealed that approximately 200,000 former terrorists have laid down their arms and surrendered to military troops in the North-East region. This achievement, he said, is due to the combined efforts of kinetic and non-kinetic operations implemented by the Nigerian Armed Forces.   Speaking at the Security and Justice Symposium in Abuja, …

Honda sold more motorcycles globally in the first half of its financial year as demand in Asia rose. However, it saw a fall in car sales, particularly in China. ADVERTISEMENT Profits for the Japanese car maker slipped nearly 20% in the first half of the fiscal year on the same period last year, as sales suffered in China. Honda saw …

Ahead of a decisive win by Donald Trump in the US presidential election there was a sharp rally in the US dollar, sending the euro to a four-month low and boosting Bitcoin by 5% to a record high as European markets opened. ADVERTISEMENT The Republican Party has regained control of the Senate and leads in the House of Representatives, solidifying …

ASML shares plunged 15.7% on Tuesday, the worst drop since the chipmaker went public in 2002, after an early earnings release revealed a lowered sales outlook for 2025. ADVERTISEMENT Dutch semiconductor equipment giant ASML saw its shares tumble on Tuesday after its third-quarter earnings were accidentally released ahead of schedule. Shares of ASML Holding, trading in Amsterdam, closed 15.7% lower, …