Yoruba movement warns Southwest, Kogi, and Kwara governors to prepare for fallout from possible US strike on terrorists following Trump’s latest threat.
The Nigerian currency, the naira, has emerged among Africa's best-performing currencies, ranking high in a newly released report for October 2025.
The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic shipbuilding industry and curb China's dominance in the sector. There will be separate fees for Chinese operated ships and Chinese built ships, and both will gradually increase over subsequent years.
Netflix on Thursday reported quarterly profit of $2.9 billion as revenue grew 13 percent with help from recent subscription price hikes. Revenue grew due thanks to slightly higher subscription and ad earnings, along with the timing of some expenses, according to Netflix.
President Donald Trump said Thursday that the United States was in talks with China on tariffs, adding that he was confident the world's largest economies could make a deal to end a bitter trade war.
Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview Thursday.
A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology market in a blow that could rattle the tech giant's revenue engine. "Google has willfully engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising," Brinkema said in her ruling.
Swiss watch exports to the key US market soared nearly 14 percent in March, likely the result of retailers stocking up before US President Donald Trump announced his tariffs on countries worldwide. In March, Swiss watch exports to the United States jumped 13.7 percent compared to a year earlier, rebounding after a 6.7 percent drop the previous month, the country's watchmakers' federation said.
Italian Prime Minister Giorgia Meloni will meet Donald Trump at the White House on Thursday, hoping a personal charm offensive can help convince the US president to cut the EU a better deal on tariffs.
Nvidia CEO Jensen Huang held talks with Chinese leaders in Beijing on Thursday, state media said, days after the United States curbed sales of its H20 artificial intelligence chips to China. Huang on Thursday expressed hope for "continued cooperation" with China, state media said.
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
Economy
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