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US treasury secretary signals deal to ease trade war with China
US treasury secretary signals deal to ease trade war with China
Economy
by  AFP

US Treasury Secretary Scott Bessent on Sunday signalled a tentative deal with China to de-escalate their damaging, tariff-fueled trade war -- just days before a summit between Presidents Donald Trump and Xi Jinping. Bessent said he expected the two leaders to formally announce the deal at their summit.

Nigeria refinery aims to be world's biggest with expansion
Nigeria refinery aims to be world's biggest with expansion
Economy
by  AFP

Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world in three years' time with an expansion doubling its capacity, its owner said on Sunday. "This expansion reflects our confidence in Nigeria's future, our belief in Africa's potential and our commitment to building energy independence for our continent," Dangote said.