A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos Aires in a decade-long international legal saga. To partially satisfy the outstanding sum, Preska on Monday ordered Argentina to transfer its 51 percent stake of YPF to an intermediary, with instructions that the shares then be handed over to the plaintiffs.
Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, saying US President Donald Trump's tariffs on the sector were partly to blame for a decision which could cost up to 2,700 jobs.
The naira fell again in the official foreign exchange market on Wednesday, March 26, 2025, trading at N1,537 per dollar from N1,532 the previous day.
Deforestation, farming and climate-fuelled fires are driving increasing threats to fungi, the lifeblood of most plants on Earth, the International Union for Conservation of Nature warned on Thursday. Deforestation, for timber or to make way for crops, is the primary existential threat to at least 198 fungi species.
Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, blaming a decision that risks up to 2,700 job losses partly on US tariffs.
The PETROAN president noted that the announcement was not meant to trigger any panic, but to alert Nigerians as to what the end of the naira-for-crude deal meant.
China rebuffed on Thursday a suggestion from US President Donald Trump that he might offer to reduce tariffs on the country to get Beijing's approval for the sale of popular social media platform TikTok. Beijing swiftly rebuffed Trump's suggestion, with its foreign ministry saying that it has "repeatedly stated our position" on TikTok.
Japan's government warned Thursday of a "significant impact" on its economic ties with the United States and on global trade, after President Donald Trump announced import tariffs on cars.
In a sweltering factory in Lesotho, rows of workers hunch over thrumming sewing machines churning out piles of jeans for the global market from a country that US President Donald Trump has mocked as unknown. These workers are now fretting over their future after Trump this month called Lesotho "a country nobody has ever heard of" while defending his sweeping aid cuts.
At regular intervals, vehicle transporters exited the front gates of the historic Vauxhall plant in the English town of Luton, loaded with white electric vans straight off the assembly line.
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