businesspick

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 …