Articles Results for: Charge
Dangote Refinery to Refund Customers Overcharged for Petrol
Dangote Petroleum Refinery has announced plans to refund customers who purchased Premium Motor Spirit (PMS) at higher-than-advertised prices from its key partners—Ardova Plc, Heyden, and MRS—across Nigeria. The decision follows…
Honda scale back on electric vehicles to concentrate on hybrids
Honda Motor on Tuesday said that it will scale back its investment on electric vehicles given slowing demand and would be focusing on capturing growing demand for hybrids with new…
Nvidia $5.5 billion hit as US tighten chip export tariff to China
Computer chip giant, Nvidia says it will be hit with a $5.5 billion in cost after the U.S. government tightened export rules to China with fresh tariff restrictions on the…
Meta Face Antitrust Trial Over Instagram and Whatsapp Acquisition
The giant social media power house, META, stands antitrust trial on Monday, facing the US government over charges of using its market power to eliminate competition by acquiring Instagram and…
Shipment Tariffs: DHL suspends global deliveries
Early this week, the delivery giant, DHL, suspends all global shipment that are worth more than $800 to customers in the United States till further notice. This announcement was effected…
EU fines Apple and Meta with $700 million in antitrust fines
The European Union (EU) fines American tech giants, Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law. The European Commission,…
Tariff Trade War: China Vows to Strike Back at US
This week, the United States President, Donald Trump, made changes on trade tariffs, causing many businesses, organisations and countries to make changes on their already proposed financial plans. Fear has…
Jaguar Land Rover halt shipments to US over Trump tariffs on cars
Jaguar Land Rover (JLR), owned by India’s Tata Motors on Saturday announced plans to pause shipments of its British-made vehicles to the United States for a month as it figures…
Elon Musk Sells X to AI
Elon Musk on Friday announced that he has sells off his social media company, X (formally twitter), to xAI, his artificial intelligence AI company. The new deal includes $12 billion…
Tensions Rise as Mark Carney Emerges as Canada’s Next Prime Minister
Tension between Canada and America continues to rise as the newly elected leader of Canada’s Liberal Party, Mark Carney, this week vowed to face U.S. President Donald Trump in an…