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Thousands of Nigerians protest soaring costs
Thousands of Nigerians protest soaring costs
Economy
by  AFP

Thousands of Nigerians rallied against soaring living costs on Tuesday as the worst economic crisis in a generation leaves many struggling to afford food. In the north, the economic crisis has forced people to eat poor-grade rice used as fish food.

US retailer Macy's to close 150 stores
US retailer Macy's to close 150 stores
Economy
by  AFP

The iconic but struggling US department store Macy's announced plans on Tuesday to close around 150 locations by 2026, while concentrating investments in its more upscale Bloomingdale's and Bluemercury brands. Luxury brands Bloomingdale's and Bluemercury have been "outperformers within the Macy's, Inc. portfolio," the statement said.