
The United States dollar has suffered another major loss against the Nigerian currency in both the official and unofficial foreign exchange markets.
The United States dollar has suffered another major loss against the Nigerian currency in both the official and unofficial foreign exchange markets.
German investor sentiment has jumped, buoyed by rollbacks of US tariffs, and the formation of a new national government, a closely-watched survey showed Tuesday. Almost all German sectors experienced a rise in confidence, the survey showed, but optimism grew fastest in export-intensive industries such as steel and chemicals.
Petroleum product importers and owners have increased their depot loading prices as crude prices surged globally following tariff cuts between the US and China
Japan's Nissan posted a huge annual net loss of $4.5 billion on Tuesday while confirming reports that it plans to cut 15 percent of its global workforce and warning about the possible impact of US tariffs. The company's shares closed three percent higher on Tuesday after reports, later confirmed by Nissan, said it was planning a total of 20,000 job cuts worldwide.
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