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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…
Trump freezes Harvard funding after university rejects demands
The Trump administration freezes more than $2bn (£1.5bn) in federal funding for Harvard University, hours after the elite college rejected a list of demands from the White House. According to…
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…
Trump exempts electronics devices from latest tariff
Electronics parts will be exempt from the Trump reciprocal tariff, according to a US Customs and Border Protection notice posted late Friday. Smartphones, computer monitors and various electric parts are…
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…
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…
Court reinstates impeached South Korean PM as acting president
South Korea’s Constitutional Court on Monday dismissed the impeachment of Prime Minister Han Duck-soo, reinstating him back as the South Korean acting president — a role he took after the…
India Refineries Turns To Nigeria As Russian Crude Oil Decline
Indian refineries are increasing crude oil imports from Nigeria, Angola, and Mexico as shipments from Russia hit their lowest level since January 2023, according to a report from Bloomberg. The…
Canada Imposes 25% Tariffs On US Goods
Canadian Prime Minister Justin Trudeau has announced that Canada will impose 25% tariffs on $155 billion worth of U.S. goods in direct response to new tariffs introduced by the Trump…
NNPCL Petrol Meets Highest Industry Standards
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has said Nigerian National Petroleum Company Limited, NNPCL’s premium motor spirit, PMS, also known as petrol, meets the highest industry…