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WorldBusiness

Chinese Carmakers Localise European Operations as EU Weighs New Manufacturing Rules

Chinese automakers are expanding their manufacturing operations in Europe as the European Union considers new local-content requirements aimed at strengthening domestic industry and...

UK Moves to Ban Trade With Israeli Settlements in Major Policy Shift
BusinessSecurity

UK Moves to Ban Trade With Israeli Settlements in Major Policy Shift

By Benson Daniel The United Kingdom is set to introduce a ban on trade in goods produced in Israeli settlements in the occupied...

Kenya Rejects EAC Delay, Pushes Ahead With Vehicle Assembly Rules
AfricaBusinessNigeria

Kenya Rejects EAC Delay, Pushes Ahead With Vehicle Assembly Rules

By Benson Daniel Kenya has rejected a decision by the East African Community to postpone the implementation of new vehicle and motorcycle assembly...

Oil Prices Climb Further as Hopes for Hormuz Reopening Fade
WorldBusiness

Trump says US auto and steel tariffs will rise to 50% in 2027

U.S. President Donald Trump said on Monday that tariffs on cars, trucks, automotive parts and steel will rise to 50% from January 1,...

WorldBusiness

25 U.S. States Sue Trump Administration Over New Global Tariffs

A coalition of 25 Democratic led U.S. states has filed a lawsuit challenging the Trump administration's latest round of tariffs, arguing that the...

Okonjo-Iweala Warns Declining Global Trust Threatens Trade, Urges Africa to Unite on Economic Opportunities
AfricaBusinessNigeria

Okonjo-Iweala Warns Declining Global Trust Threatens Trade, Urges Africa to Unite on Economic Opportunities

By Dorcas Francis Koji Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has warned that the growing erosion of trust among...