
New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
Afghanistan's Taliban government took over management of Kabul's famed Serena hotel on Saturday, a hotel statement said, a luxury property targeted by Taliban attacks during their insurgency. The Serena has been the target of multiple deadly attacks by the Taliban before they swept to power in 2021, ousting the foreign-backed government.
Mathias Azonnoudo, a 50-year-old farmer in Benin, was taking a break sitting on a large pile of freshly picked cotton, which the government hopes will feed the country's nascent textile revolution. "I feel like the government has found business leaders that want more, so they are encouraging farmers to produce more," said Azonnoudo, who has been growing cotton for the past 16 years.
US President Donald Trump is set to unveil fresh tariffs Saturday on major trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos and raising inflation concerns. Both Canada and Mexico have said they are prepared to respond if Trump acts on tariffs, raising the specter of an escalating conflict.
OpenAI chief Sam Altman on Friday said his high-profile artificial intelligence company is "on the wrong side of history" when it comes to being open about how its technology works.
Prior to this week's fatal airplane crash in Washington, the US air traffic control (ATC) system was regarded as an understaffed operation beset with old and sometimes obsolete equipment.
US prosecutors announced Friday that they have charged a former Federal Reserve advisor with spying on behalf of China while posing as a part-time lecturer at a local university.
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday. Meta spokesperson Andy Stone told AFP he could not confirm the Journal report and that the company had no plans to move its headquarters from California's Silicon Valley.
A Swiss court convicted Trafigura and three people linked to the commodities trading firm of corruption in Angola, in what campaigners hailed Friday as a "historic" first in Switzerland. Switzerland is home to some 900 commodities trading firms, located primarily in Geneva and Lugano.
The world's longest wind-powered cargo ship was launched Friday in Turkey, offering a promising way to slash carbon emissions from merchandise trade.
Economy
Load more