
It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
For the first time in nearly two years of war, soup kitchens in famine-stricken Sudan are being forced to turn people away, with US President Donald Trump's aid freeze gutting the life-saving schemes.
A Houston poultry supply company is selling chickens like there is no tomorrow, as sky-high prices for eggs prompt some Americans to produce their own at home. John Berry, who manages a livestock company in Houston, reported a dramatic increase in demand for chickens as consumers grapple with the egg shortage.
China last year began construction on projects with the greatest combined coal power capacity since 2015, jeopardising the country's goal to peak carbon emissions by 2030, according to a report published Thursday. China is due to announce details of its 15th Five-Year Plan -- for 2026 to 2030 -- in the coming months, likely including updated emissions and energy goals.
Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday. "Chevron is taking action to simplify our organizational structure, execute faster and more effectively, and position the company for stronger long-term competitiveness," said a statement from Chevron Vice Chairman Mark Nelson.
US President Donald Trump's planned 25-percent tariffs on all steel and aluminum imports will stack on the hefty duties earlier announced on Canada and Mexico, a White House official told AFP Wednesday.
Canadian steel firms face turmoil after US 'stab in the back'
Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump's economic policy. Poitiers noted that countries can't impose tariffs on services, hence Trump's insistence on focusing on goods.
Buffeted by tariffs and threats from Washington, the European Union and Canada hailed their "friendship" and discussed drawing closer together Wednesday, in the latest sign of a Brussels push to diversify trade away from the United States. "The European Union and Canada... prove that trade agreements are clearly better than trade tariffs," Costa said Wednesday.
US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. Trump wrote in a post on his Truth Social account shortly after the data was published, seeking to blame his Democratic predecessor for the CPI increase.
Economy
Load more