The United States announced a new development in its talks with Iran in Pakistan over the move to seek peace in the Middle East crisis started by the US and Israel.
Nigeria's YEIDEP offers grants up to ₦500,000 to tackle unemployment, fostering entrepreneurship and creating 20 million jobs by 2026. Nigerians aged 18-50 can apply
French Foreign Minister Jean-Noel Barrot said Thursday that the European Union is preparing to hit Russia with a 17th round of sanctions, describing President Vladimir Putin as the "sole obstacle" to peace in Ukraine. Barrot took aim at Russia's president during the interview, saying: "It is now crystal clear that the only obstacle to peace today in Ukraine is Vladimir Putin."
The United States is set to end tariff exemptions on Friday for goods shipped from China worth less than $800, a move which could have significant ramifications on consumers' purchasing habits. The move announced last month means that goods shipped commercially will soon be subject to new tariffs of 145 percent -- the current level of levies imposed on goods coming from China.
In signing a minerals deal, Ukraine has found a new way to tie the United States to its future, but it remains to be seen if it can guarantee long-term support from mercurial President Donald Trump. But he said that from an economic perspective it can only be read as "something positive, in terms of giving the United States a long-term stake in Ukraine."
Amazon reported a nine percent rise in first-quarter revenue on Thursday, but its outlook fell below expectations, sending its share price lower. But this was lower than what analysts had expected.
Wall Street stocks rallied Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an economic slowdown.
Fast food giant McDonald's reported a drop in first-quarter profits Thursday as US traffic from low- and medium-income customers diminished amid economic anxiety in the wake of President Donald Trump's trade wars. Shares of McDonald's fell 1.3 percent in afternoon trading. jmb/aha
Washington and Kyiv have signed a new minerals deal that will see the United States invest in Ukraine's rare earth and other deposits as it seeks to reduce military aid to the war-torn country. Kyiv says "rare earth metals are known to exist in six deposits" and an investment of $300 million would be needed to develop a deposit at Novopoltavske, which it claimed was one of the world's largest.
General Motors pledged Thursday to take additional steps to boost its US supply chain after projecting a $4-5 billion hit to the US auto giant's 2025 earnings from President Donald Trump's tariffs. GM postponed its earnings conference call until Thursday after Trump's tariffs move.
Mexican President Claudia Sheinbaum said Thursday that she had spoken with her US counterpart Donald Trump and agreed to work toward improving the trade balance between the two nations.
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