Bussiness
What’s the root cause of Nigeria’s economic crisis?
A general strike demanding higher wages brings Nigeria to a standstill.Nigeria has Africa’s largest population and it’s one of the world’s top oil produce
NYSE glitch sparks volatility in Berkshire Hathaway and dozens of…
Trading in at least 60 stocks is halted due to volatility as Berkshire Hathaway shares plunge 99.97%.A glitch at the New York Stock Exchange (NYSE) has triggere
US fines airlines $2.5m for delaying COVID-19 refunds to travellers
Civil penalties are for significant delays in providing nearly $1bn in refunds owed to passengers.The United States Department of Transportation (USDOT) says it
Egypt’s el-Sisi reappoints PM Madbouly, orders him to form new…
President says new government must tackle local and international issues.Egyptian President Abdel Fattah el-Sisi has reappointed Prime Minister Mostafa Madbouly
Sharif’s Beijing trip: Can China-Pakistan Economic Corridor be revived?
Islamabad, Pakistan – Pakistan’s Prime Minister Shehbaz Sharif is scheduled to fly to China on June 4 for a five-day trip that will see him engage with Beij
EU agrees tariffs on Russian, Belarusian grain imports from July
The bloc says the charges on grain and other farm products will halt imports of these goods.European Union trade ministers have agreed to impose prohibitive tar
Russia plans higher taxes for rich, companies as cost of…
New tax thresholds and hike in corporation tax are expected to raise about 2.6 trillion rubles ($29bn) a year.Russia has announced plans to raise taxes on busin
Former FTX executive Salame sentenced to 7.5 years in US…
Ryan Salame pled guilty to tens of millions of dollars in unlawful campaign donations to boost causes supported by his boss.Ryan Salame, the former co-CEO of F
US opens up banking to private Cuban businesses to boost…
The measures allow independent entrepreneurs to open and access US bank accounts online to support their businesses.The United States has lifted some financial
‘Russia needs China more’: Are Putin and Xi in a…
After China’s Xi Jinping and Russia’s Vladimir Putin pledged a “new era” of partnership, experts are questioning the depth of the relationship between t
UK’s Sunak pledges tax cuts for pensioners as Tories face…
Opposition Labour Party slams election pledge as latest ‘desperate move’ by governing party.United Kingdom Prime Minister Rishi Sunak has pledged to cut tax
Russia to build nuclear power plant in Uzbekistan
President Shavkat Mirziyoyev says Uzbekistan also interested in buying more oil and gas from Russia.Russia will build a small nuclear power plant in Uzbekistan,
