
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
The EU agreed reforms Wednesday that will loosen budget rules with the goal of encouraging investments while keeping debt and spending under control, after France and Germany bridged their differences. Dutch minister Sigrid Kaag said: "This agreement provides for fiscal rules that encourage reforms, with room for investments and tailored to the specific situation of the member state in question.
Sales of US existing homes crept up in November, according to industry data released Wednesday, though they remained at a low level as high mortgage rates weigh on activity. But NAR chief economist Lawrence Yun sounded an optimistic note, saying that the persistently low sales figures reflect the situation in most of October when mortgage rates were at a two-decade high.
Dangote refinery is getting closer to the production of petroleum products which includes jet fuel, diesel, and premium motor spirit also known as petrol.
A top EU court annulled on Wednesday the approval of a pandemic state aid programme for Air France-KLM that had been challenged by Irish rival Ryanair and Malta Air. The court noted that Ryanair and Malta Air had argued that the measures were "contrary to EU law".
The Nigerian currency, the naira. has continued to show strength against the dollar as it rebounded by 5.15% in five days to trade at N846/$ in the official market
British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, easing a cost-of-living crisis after aggressive interest-rate hikes.
On a busy north London street, plumber Ben Hume-Wright zipped through the heavy rush-hour traffic to his next job by bike. Like Hume-Wright, environmental considerations were a key factor for the switch.
Ghana, the world's second biggest cocoa producer, faces a growing risk to its harvest -- and blow to its crisis-hit economy -- from illegal mining and smugglers, industry officials, farmers and activists warn. Along with gold and oil, the cocoa industry is a mainstay of Ghana's economy and foreign currency earnings.
Toyota subsidiary Daihatsu said Wednesday it will suspend shipments of all car models currently in production both in Japan and abroad, following new revelations about its rigging of safety tests.
Economy
Load more