The United States has initiated an investigation into Brazil’s trade policies, accusing the South American nation of “unfair trading practices” that could justify imposing new tariffs. The move signals a…
The European Commission will present its proposal Wednesday for the EU’s next long-term budget, kicking off two years of fraught negotiations as Brussels grapples with competing priorities—from defense spending to…
Nigeria’s crude oil production rose to 1.505 million barrels per day (mb/d) in June, finally meeting its Organization of the Petroleum Exporting Countries (OPEC) quota for the first time in…
Nissan announced Tuesday it will cease production at its Oppama plant near Yokohama by the end of fiscal year 2027, marking another step in the automaker’s drastic cost-cutting measures. The…
Africa’s richest man, Aliko Dangote, has submitted plans to develop a major deep-sea port in Olokola, Ogun State, as part of his expanding industrial empire. The proposed Atlantic seaport, located…
U.S. tech powerhouse Nvidia is gearing up to resume sales of its H20 artificial intelligence chips to China, following a green light from Washington that eases previous export restrictions. The…
Syria’s General Authority for Land and Sea Ports has finalized an $800 million agreement with UAE-based global logistics giant DP World to modernize the country’s port infrastructure and enhance logistical…
President Donald Trump announced plans to impose a 30% tariff on imports from Mexico and the European Union starting August 1, escalating his trade war after negotiations with the key…
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has called on the Niger Delta Development Commission (NDDC) to prioritize sustainable solutions to the economic and environmental challenges…
In a dramatic escalation of trade tensions, former U.S. President Donald Trump announced a 35% tariff on Canadian imports—up from the current 25%—set to take effect August 1, warning of…