Promising growth, Nigeria shea nut export ban pinches producers

AFP|Published

Nigeria's shea nut industry, responsible for 40% of the world's supply, faces turmoil as a sudden export ban threatens the livelihoods of producers like Adija Rahman. ...

Apple unveils iPhone 17 Air amid AI race and tariff pressures

AFP|Published

The Air joins Apple's more standard lineup, including the premium iPhone Pro 17, the company's most expensive and highest-performing model.

Ozempic maker Novo Nordisk to cut 9 000 global jobs

AFP|Published

Danish pharmaceutical giant Novo Nordisk announces a significant workforce reduction of 9 000 jobs, representing 11% of its staff, as it grapples with fierce competition ...

Merz ramps up pressure on EU over electric car shift

AFP|Published

German Chancellor Friedrich Merz demands greater flexibility from the EU in the electric vehicle transition, as major automakers voice concerns over the 2035 combustion-engine ...

Ethiopia to inaugurate Africa's biggest dam

AFP|Published

Ethiopia is set to inaugurate the Grand Ethiopian Renaissance Dam, a monumental project poised to transform its energy landscape and spark diplomatic tensions with ...

WHO adds Ozempic and Mounjaro to its list of essential medicines

AFP|Published

The World Health Organisation's recent addition of Novo Nordisk’s Ozempic and Eli Lilly & Co. ’s Mounjaro to its essential medicines list could significantly enhance ...

EU massive fine against Google draws Trump threat

AFP|Published

Discover how the EU's €2. 95 billion antitrust fine against Google has sparked a fierce response from Trump, who threatens new tariffs against Europe.

Tesla proposes package for Musk that could top $1 trillion

AFP|Published

Could Elon Musk's new compensation package from Tesla reach a staggering $1 trillion? Discover the ambitious plan that links Musk's pay to the company's future growth ...

OPEC+ confronts the next stage in battle for oil market share

Bloomberg|Published

As OPEC+ gears up for a pivotal meeting, the oil market braces for potential shifts in production strategy that could reshape global supply dynamics.

Digital loan sharks prey on inflation-hit Nigerians

AFP|Published

Facing a dire financial situation, Mariam Ogundairo turns to a loan app, only to find herself ensnared in a web of harassment and high interest rates. How are Nigerians ...

Trump's punishing tariffs test India's economic resilience

Fawzia Moodley|Published

Despite facing severe trade tariffs from the US, India demonstrates surprising economic resilience with record growth in its private sector, as the IMF raises forecasts ...

Google not required to sell Chrome in antitrust victory

AFP|Published

The landmark ruling came after Judge Amit Mehta found in August 2024 that Google illegally maintained monopolies in online search through exclusive distribution ...

US limits TSMC chipmaking tool shipments to China

AFP|Published

The move comes as the US Commerce Department moved to end the "validated end-user" (VEU) program allowing select foreign semiconductor manufacturers to export US-origin ...

ChatGPT to get parental controls after teen's death

AFP|Published

The lawsuit alleges that in their final conversation on April 11, 2025, ChatGPT helped 16-year-old Adam steal vodka from his parents and provided technical analysis ...

Alibaba shows progress in China AI push, lifting shares

Published

Alibaba Group Holding's impressive revenue surge from China's AI boom has reassured investors amid fierce competition with Meituan and JD. com. With a triple-digit ...

DeepSeek fuels return to profit for Chinese tech champion Huawei

Bloomberg|Published

Huawei Technologies reports a remarkable first-half profit, rebounding from losses as DeepSeek ignites a revolution in AI across China. Despite a 32% drop in net ...

Sotheby’s to bring auctions to Abu Dhabi, eyeing local rich

Bloomberg|Published

This December, Sotheby’s will debut its first auction series in Abu Dhabi, showcasing luxury items and marking the emirate's rise as a global art destination

Japan's Mitsubishi pulls out of key wind power projects

AFP|Published

Mitsubishi's withdrawal from three offshore wind power projects marks a significant setback for Japan's renewable energy ambitions, as the company cites rising costs ...

Elon Musk’s xAI sues Apple and OpenAI in expanding fight over competition

Washington Post|Published

Elon Musk's xAI has launched a lawsuit against Apple and OpenAI, claiming collusion to stifle competition and seeking billions in damages. This legal battle intensifies ...