The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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FG invites Nigerians to apply for N50k for their business, releases link
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25 Banned Items: US may ban more products, data shows top Imports from Nigeria in 2025
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CBN sends warning to those spraying, hawking naira, advocates clean naira note
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India's Modi dangles tax cuts as US tariffs loom
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Taiwan's Foxconn plans to invest $1.54 bn more in India
Taiwanese tech giant and key Apple supplier Foxconn is planning an additional $1.54 billion investment in India for "operational needs", as it seeks to diversify production away from China.
Why you should care about the budget crisis rocking Germany
German Chancellor Olaf Scholz will address parliament Tuesday about an escalating budget crisis triggered by a bombshell court ruling that his government breached constitutional debt limits. - When Angela Merkel was chancellor in 2009, Germany enshrined a so-called "debt brake" in its constitution.
Xi says China must protect foreign firms' rights, intellectual property
Chinese leader Xi Jinping has ordered greater protection for international firms' rights and intellectual property, state media reported Tuesday, as Beijing works to lure in foreign companies spooked by a crackdown and an ailing economy.
Diamond trade polishes its act as Russia sanctions loom
As European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny of their industry. If traders are now seen helping Russia evade sanctions to keep financing its invasion of Ukraine, the shine may come off diamonds once again.
Six recycling innovations that could change fashion
The fashion industry's enormous waste problem is pushing governments, particularly in Europe, towards ambitious recycling targets. The problem is that recycling textiles is a highly complex task and technical solutions are still in their infancy.
Markets mixed as traders await US data, Fed speakers
Asian markets were mixed Tuesday following a tepid performance on Wall Street, with profit-taking tempering hopes for Federal Reserve interest rate cuts next year and traders awaiting key US inflation data due later this week. Data suggests traders see almost one percentage point of cuts through next year, with US Treasury yields continuing to come down from their 16-year highs last month.
'Disastrous' gridlock hits S. Africa's busiest port
More than 60,000 containers are stuck at sea waiting to be offloaded at South Africa's biggest port amid gridlock blamed on bad weather and equipment failures that is damaging the poor economy, according to business and political groups. Transnet has said the delays in Durban are the result of bad weather compounding breakdowns, ageing equipment and other issues.
VW weighs staff reductions as electric shift stalls
German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early retirement, to help it meet vital cost-cutting targets imposed in its sputtering transition to electromobility.
Gucci design studio strikes over move to Milan
Some 40 artisans from Gucci's design studio downed tools Monday in the creatives' first ever strike, held over plans to move much of the team from Rome to Milan. While 153 employees are due to be transferred to Milan by March, the fate of the 66 other artisans due to remain in Rome "is uncertain", according to the unions.
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