Disney’s Star Wars stumble hurts quarterly results
12 August 2019 | 6:00 am
Walt Disney Co. opened the most highly anticipated theme-park attraction in the company’s history -- and attendance fell. Profit at the company’s domestic resorts fell in the latest quarter, which was marked by the ballyhooed opening of Star Wars: Galaxy’s Edge.
4 Mar 2020
The Nigerian Stock Exchange, sub-Saharan Africa's second biggest, has won approval from its members to become a listed company.
19 Mar 2020
Former President Goodluck Jonathan has sympathised with Azikel Company over fire incident
3 Apr 2020
Genomics research company 54Gene's COVID-19 testing support fund was launched today to increase Nigeria's daily testing capacity. The firm opened the fund with a donation of $150 thousand and has since received an additional $350 thousand from Union Bank. CEO of 54 Gene Abasi Ene-Obong joins CNBC Africa for more.
4 May 2020
The share price of the US electric-car maker nosedived by around 10% at the end of the trading day after Tesla's CEO tweeted that the company's price was "too high." Elon Musk is also critical of the COVID-19 lockdown.
28 Jun 2020
More than 1,300 people have tested positive at a Tönnies slaughterhouse, causing Germany's transmission rate to rocket. Germany's labor minister says the firm should pay compensation.
8 Jul 2020
Shareholders of the Central Securities Clearing System approved dividend payments which translate to a 22.8 per cent year-on-year growth in returns to shareholders.
28 Jul 2020
FG determined to revive National Iron Ore Mining Company
5 Sep 2020
A French company that specialises in hemp canvas is marketing what it claims are the first 100% compostable masks in Europe. Costing 65 cents each, they have already been ordered in their hundreds of thousands by companies and local authorities across Europe.
15 Nov 2020
A vaccine jointly developed by German company BioNTech and US firm Pfizer has proven to be 90% effective at preventing COVID-19 infections, according to phase 3 trials.
26 Nov 2020
Senate committee projects 3 Billion for the revival of Ajaokuta Steel Company
12 Dec 2020
PKN Orlen has bought Polska Press from its German owners. Critics have expressed concern over the government's successful takeover of private media.
28 Dec 2020
It's Christmas Day and following a year which has been harrowing for so many, we've decided to look back at the good news of 2020. We begin in Uganda, where a plastics company that specialises in recycling switched from making building materials to face shields to help hospitals. We also go to Benin, where the closure of the border with Nigeria has led to a push for more locally produced food, some of it on rooftops. And our correspondent in DR Congo looks back at how an NGO is helping Ebola survivors turn their lives around.
1 day ago
It's the biggest legal consequence so far in the wake of the January 6 insurrection. Stewart Rhodes, who heads the Oath Keepers militia, has been found guilty of seeking to keep Donald Trump in power by carrying out a mob attack on the US Capitol. A conviction on sedition is very rare and carries a maximum penalty of 20 years in jail. We take a closer look.
1 day ago
A court in Mozambique on Wednesday (November 30) started delivering its judgement in a case involving 19 people accused of various crimes for their alleged roles in the disappearance of hundreds of millions of dollars in government-backed loans.
1 day ago
French President Emmanuel Macron's state visit to the US is bringing simmering EU-US tensions over economic policy to the boil. At the heart of European criticisms are multi-billion-dollar economic support packages that could be perceived as giving the US an unfair advantage. Also in the show, the US Congress is heeding Joe Biden's call to do whatever it takes to avert a costly railroad shutdown. Plus, French butchers take to the streets to protest the rise in energy prices.
1 day ago
On Thursday, Stephanie Frappart will become the first female referee to officiate a men's World Cup match when she takes charge of Costa Rica vs. Germany. One of her assistants, Neuza Back, has worked in Qatar before.
1 day ago
The Spanish government wants the use of gender stereotypes for the advertising of toys a thing of the past. The code of conduct, which will be enacted from December 1, aims to avoid biases toward gender roles.
1 day ago
Fifty-Five years after innocent Asaba indigenes were callously massacred in the fratricidal Nigerian Civil War, the first major show on this tragic contour opens today at Red Door Gallery, on Bishop Oluwole Street, Victoria Island, Lagos. The show ends on December 7, 2022.