G7 commits $251m to financing African female entrepreneurs through AfDB
Businessam StaffAugust 28, 2019
Countries in the G7 have committed $251 million to help improve access to finance for female entrepreneurs in Africa. The funding will
Sinopec seeks crude oil import waiver into China as local refiners shun US crude oil
Kenneth AforAugust 27, 2019
Kenneth Afor with agency report Asia’s biggest oil company, Sinopec of China, on Tuesday moved to to apply for tariff waiver
China says it hopes U.S. can create conditions for trade talks
Businessam StaffAugust 27, 2019
China’s foreign ministry reiterated on Tuesday that it had not heard of any recent telephone call between the United States and China
China will retaliate with tariffs on $75 bn more of US goods and resume auto tariffs
Businessam StaffAugust 23, 2019
China plans to raise import tariffs on $75 billion worth of US goods China said Friday it will impose new tariffs on $75 billion worth
America’s unemployed claims fall, points to labour market strength
Businessam StaffAugust 22, 2019
The number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labour market was holding
Alibaba postpones up to $15 billion Hong Kong listing amid protests
Businessam StaffAugust 21, 2019
China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing
U.S mortgage application rises as borrowing costs drops
Afolabi OluwaseunAugust 21, 2019
U.S. homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs
‘Channel funds for energy subsidies to growth enhancing investments’- IMF tells global economies
Adesola AfolabiAugust 19, 2019
The International Monetary Fund (IMF) is advising economies around the globe to quit funding energy subsidies that breed fossil fuels
Nigeria accounts for 20% of India’s trade in Africa, says envoy
Businessam StaffAugust 15, 2019
Abhay Thakur, the high commissioner of India to Nigeria, has said that Nigeria alone accounted for 20 percent of India’s trade in
China to counter latest U.S. tariffs as Trump vows deal on U.S. terms
Businessam StaffAugust 15, 2019
China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it