Tag Archives: October

The final quarter of last year was disappointing for retailers in the eurozone, with little reprieve forecasted for 2025. ADVERTISEMENT The seasonally adjusted volume of retail trade increased by 0.1% in the euro area in November 2024, compared to the prior month. That’s according to data released by Eurostat on Thursday – and follows readings of -0.3 in October and …

The figures come as a setback for the new Labour government and its pro-growth agenda. ADVERTISEMENT The UK economy shrank by 0.1% in October, following a contraction of the same scale in September, said the Office for National Statistics on Friday. The figures mark the first back-to-back fall since March and April 2020, when the UK entered its first COVID-19 …

EU new car registrations rose in October, boosted by robust performance in Germany and Spain. ADVERTISEMENT New car registrations in the EU inched up 1.1% in October, according to the European Automobile Manufacturers’ Association (ACEA)’s latest report, released on Thursday. This increase was mainly because of a rebound in Germany, where registrations grew 6%, after three months of decreasing sales. …

Eurostat data released on Tuesday showed eurozone inflation rose to the European Central Bank’s 2% target in October. ADVERTISEMENT The euro area annual inflation rate was 2% in October 2024, up from 1.7% in September. A year earlier, the rate was 2.9%, according to data published by Eurostat, the statistical office of the European Union. Meanwhile, European Union annual inflation …

China released economic data revealing a boost in retail sales and slower declines in home prices, signalling economic recovery amid recent stimulus efforts. This recovery could benefit European luxury and mining stocks, as China’s demand strengthens. ADVERTISEMENT China’s latest economic data showed recovery momentum in the world’s second-largest economy, largely influenced by a range of recent stimulus measures. October’s retail …

Eurozone inflation hit 2% in October, exceeding forecasts and up from September’s 1.7%, driven by services and food prices. Germany witnessed unexpected price increases. The euro strengthened. ADVERTISEMENT Inflation in the eurozone accelerated in October, with the consumer price index reaching 2% year-over-year, surpassing economist predictions of 1.9% and marking an uptick from 1.7% in September, according to flash estimates …

Economists expect the ECB to continue rate cuts, aiming for 2% by mid-2025. Lagarde’s focus on downside inflation risks and weak growth signals further easing. ADVERTISEMENT Economists and market analysts are in broad agreement that the European Central Bank (ECB) will continue cutting interest rates at each meeting for the foreseeable future, following Thursday’s decision to reduce rates by 25 …

No food has entered northern Gaza in Palestine since the start of October, putting 1 million people at risk of going hungry, the United Nations’ World Food Programme told CNN on Friday, October 11.    In August, about 700 hundred aid trucks entered northern Gaza then in September, only 400 aid trucks entered, after commercial operations ceased at the Allenby …

As October unfolds, Nollywood continues to deliver various films rich in Nigerian culture, storytelling, and artistry. This month, audiences can look forward to a mix of gripping dramas, romantic comedies, and thrilling tales that reflect contemporary issues while providing entertainment. Here’s a comprehensive guide to some notable Nollywood titles this October. Smart Money Woman If you love movies that portray …

Building on the success of previous Play Network films such as Blood Vessel and Glamour Girls, Hijack ‘93 highlights Netflix’s dedication to showcasing authentic Nigerian stories. The movie is a fictional retelling inspired by the 1993 hijacking of a Nigerian Airways flight by a group of teenagers. “Such historic events are essential to our nation’s history and must be shared …