Articles Results for: Rates
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…
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…
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…
UK Denies Agreement with France on Partial Truce for Ukraine
The United Kingdom has denied reaching an agreement with France on a proposed partial truce in Ukraine, contradicting comments made by French President Emmanuel Macron. Macron told Le Figaro on…
Global Affairs, Apples Investment Moves & Immigration Crises
United States President Donald Trump, in recent weeks, has sparked nationwide and global debate with newly implemented policies and tariff hikes. These measures have left industries and nations on edge…
Trump To Impose New 25% Tariff On US Steel, Aluminum Imports
The US President Donald Trump plans to impose 25-percent tariff on steel and aluminum imports from Monday, prompting the threat of retaliation from Europe and a warning from China that…
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…
Shake-Up, Social Media Crackdown, and Political Shifts Define the Week
Earlier this week, the United States tech giant Nvidia lost over a sixth of its value to a newly founded Chinese tech company. The U.S. AI giant Nvidia and other…