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Tariff Tension: US and China agreed to slash tariff for 90 days
Global tension eases a bit this week as the US president, Donald Trump and China president, Xi Jinping agreed to lower their reciprocal tariff by 115% for a 90 days…
Spain-Portugal Power Outage Ends as DHL Resumes High-Value US Shipments
DHL US shipments return marks a significant change in global logistics as the company resumes high-value deliveries to the United States. After a brief suspension, DHL US shipments return has…
Meta launches a standalone AI app to compete with OpenAI and Google
Meta, Facebook parent company, on Tuesday launched a standalone app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet’s Google. The Meta standalone app comes…
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 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…
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…
Tesla profit plunge: Elon Musk pledged to step away from DOGE
Elon Musk has pledged to step away from his role at the Department of Government Efficiency (DOGE) after his electric car firm TESLA, reported a huge profit plunge for the…
DHL suspends global shipments over tariffs
DHL Express has announced that it will suspends global shipments worth more than $800 to individuals in the United States over significant increase in red tape at customs, following the…
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…
Army Destroys 25 Illegal Refineries, Seizes 95,000 Litres Of Crude Oil
The 6 Division of the Nigerian Army has intensified its crackdown on illegal refineries and oil activities in the Niger Delta, destroying 25 illegal refineries and arresting 12 suspected oil…