Africa Digital Media Awards

Global site navigation

Local editions

Economy

Markets rise despite China-US tariff clash
Markets rise despite China-US tariff clash

Stock markets regained some ground Tuesday, even as trade tensions between the United States and China were strained by turmoil over President Donald Trump's tariffs offensive. - China 'confident' - In the war of words, China also condemned remarks by Vice President JD Vance in which he said the United States had for too long borrowed money from "Chinese peasants."

Trenitalia wants to compete with Eurostar on Paris-London route
Trenitalia wants to compete with Eurostar on Paris-London route

Trenitalia said Tuesday it plans to launch a new high-speed rail service connecting London and Paris, as the days of Eurostar's three-decade monopoly on the line look increasingly numbered. Trenitalia said Tuesday it plans to invest one billion euros ($1.1 billion) to launch its Paris-London service, also by 2029.

Trump's trade representative says tariffs 'bearing fruit'
Trump's trade representative says tariffs 'bearing fruit'

The top US trade official on Tuesday defended President Donald Trump's sweeping tariffs on nearly every other nation, telling US senators almost 50 countries had reached out to make a deal. "Nearly 50 countries have approached me personally to discuss the president's new policy and explore how to achieve reciprocity," he told the Senate Finance Committee.

Shanghai's elderly investors keep faith despite stock market woes
Shanghai's elderly investors keep faith despite stock market woes

A raucous group of elderly investors held court at a Shanghai securities company on Tuesday, chatting loudly about the stock prices flickering on LED boards as Chinese markets stutteringly recovered from the brutal day before. Shanghai advanced 1.6 percent on Tuesday.

Major trade wars since the 19th century
Major trade wars since the 19th century

As the world reels from US President Donald Trump's tariffs onslaught, here is a look back at some major trade wars since the 19th century: - 19th century Opium Wars - In the mid-19th century, two conflicts over the opium trade, which became known as the Opium Wars, pitted China against the British Empire.

Economy

Load more