China Offers to Scrap Tariffs on All African Imports Amid U.S. Trade Tensions
China has announced its readiness to remove all import tariffs on goods from the 53 African countries with which it maintains diplomatic ties, a move that could significantly deepen trade
Tesla Recalls 380,000 Vehicles in the U.S. Over Power Steering Assist Issue
Tesla is recalling nearly 380,000 vehicles in the United States due to a power steering assist failure that could make steering more difficult, especially at low speeds, increasing the risk
DeepSeek’s Shock Debut Shook Silicon Valley – But Has It Changed AI?
When Chinese AI firm DeepSeek released its chatbot, DeepSeek-R1, in late January, few in the United States had heard of it. Within 48 hours, it was the most downloaded free
University Student Faces Long Prison Term Over Alleged Tesla Arson Attack
A 19-year-old University of Massachusetts student, Owen McIntire, is facing serious federal charges after allegedly firebombing a Tesla dealership in Kansas City, Missouri, on March 17. Authorities say the attack
Import bill on Used vehicles in Nigeria drops by 83%
Nigeria's import bill for used vehicles, commonly referred to as "Tokunbo" cars, has seen a dramatic decline, dropping by 83% in the first half of 2024. According to data from
Tinder Owner, Match Group Settles Antitrust Claims Against Google’s App Store Ahead of Trial
Match Group, the parent company of popular dating platforms like Match, Tinder, and Hinge, has reached a settlement with Google, withdrawing a significant antitrust lawsuit against the tech giant's app
Innovative ‘Star Wars’-Inspired Technology Tackles Water Shortages
In 2016, a severe drought hit Kozhikode, India, drastically limiting residents' access to water. Among those affected was student Swapnil Shrivastav, who experienced firsthand the challenges of water scarcity, relying
Italian Chain Prezzo to Shut 46 Restaurants With 810 Jobs Set to Go
Prezzo is to shut 46 loss-making restaurants after being hit hard by soaring energy and food costs. The Italian restaurant chain has said about 810 workers are at risk of
Disney Gives Up on a Major Investment
While Disney may be the happiest place on earth in the hearts and minds of many people, the business itself is not having such a happy week. As reported on
Average US Gasoline Price Jumps 33 Cents to $4.71 Per Gallon
The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon.Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the
Actively Black Makes History as Team Nigeria’s Official Outfitter for Paris Olympics
Actively Black, the renowned Black-owned athleisure brand founded by former basketball player Lanny Smith, has achieved a historic milestone by becoming the official outfitter for Team Nigeria at the upcoming
Samsung Heavy Industries Hires Foreign Welders to Bridge Labor Shortage
Samsung Heavy Industries (SHI) has hired over 40 welders from Indonesia to work at its Geoje Island yard in South Korea as it struggles to recruit skilled workers, the company
Subaru’s Starlink System Vulnerability Exposed Millions of Vehicles to Hacking and Tracking
Security researchers have uncovered significant vulnerabilities in Subaru’s Starlink system, exposing millions of vehicles to potential remote hacking and extensive location tracking. While Subaru denies selling location data, the findings
YouTube Reaches $24.5m Settlement in Trump Lawsuit Over Capitol Riot Ban
YouTube has agreed to pay former U.S. president Donald Trump $24.5 million to resolve a lawsuit he filed after the platform suspended his account in the aftermath of the January
Bill Gates Unveils $7bn Intervention For Nigeria, Others
As the federal government searches for better funding options for the health sector, global businessman, Mr Bill Gates, has said his foundation will commit $7 billion to Africa in the
Samsung Electronics Workers Stage Historic Walkout
Seoul, June 7, 2024 - For the first time in its 55-year history, workers at Samsung Electronics in South Korea have gone on strike. The Nationwide Samsung Electronics Union (NSEU)
Burger King Follows McDonald’s in Cutting Tomatoes From its India Menu
The iconic tomato, a culinary staple in Indian cuisine, is facing scarcity on fast food menus as Burger King becomes the latest chain to grapple with the consequences of soaring
Toyota Q1 Profit Tumbles as Supply Constraints, Costs Bite
Toyota Motor Corp's profit slumped a worse-than-expected 42% in its first quarter as the Japanese automaker was squeezed between supply constraints and rising costs. As reported by Reuters, operating profit
Buy 2 Million Litres of Fuel at N970 – Dangote to Nigerians
The Dangote Petroleum Refinery has announced that customers can purchase a minimum of two million litres of Premium Motor Spirit (PMS), commonly known as petrol, at a rate of N970
Pepsi, Coke Soda Pricing Targeted in New Federal Probe
Beverage giants Coca-Cola and PepsiCo are under preliminary investigation at the Federal Trade Commission over potential price discrimination in the soft drink market as the agency looks to revive a
