China’s Alibaba misses quarterly revenue estimates

China’s Alibaba misses quarterly revenue estimates

(Reuters) -Alibaba Group Holding missed analysts’ estimates for quarterly sales on Friday, as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic business. Chinese…
Nigeria inflation rises for second month in October

Nigeria inflation rises for second month in October

ABUJA (Reuters) – Nigeria’s inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in September, data from the statistics agency showed…