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Europe seeks to break its US tech addiction
With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from US tech. As Europe faces Trump's tariffs, and threatens to tax US tech unless the two sides clinch a deal averting all-out trade war, there is a growing sense of urgency.
Long-abandoned Welsh mine revived as gold prices soar
At the bottom of a long-abandoned mine, 50 metres below the surface, one company searches for rare Welsh gold, attracted by soaring prices and its royal connection. But thanks to its royal connection, the Welsh gold may attract "traditionalists, people who may be strong monarchists" willing to pay more, Reade added.
Stocks struggle again as Nvidia chip curb warning pops calm
Asian stocks swung Wednesday after Nvidia's announcement of new US licensing rules on shipments of its new chip to China rattled investor confidence already shot by Donald Trump's sweeping trade war. Nvidia's announcement sent its shares tumbling around six percent in after-market trade, and its Asian suppliers were also hit.
China's economy beat forecasts in first quarter ahead of Trump's 'Liberation Day'
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.
Trump orders critical minerals probe that may bring new tariffs
US President Donald Trump ordered a probe Tuesday that may result in tariffs on critical minerals, rare-earth metals and associated products such as smartphones, in an escalation of his dispute with global trade partners.
England lose another star to Nigeria as striker awaits Eric Chelle’s confirmation
A Nigeria-eligible striker is reportedly awaiting confirmation from Super Eagles coach Eric Chelle to finalise his international switch from England.
Report says Nigeria spends billions of naira on electricity every year
A recent Africa Trade Barometer survey found that Nigeria loses $26 billion a year due to power disruptions, not including the cost of off-grid generator purchases.
Nvidia expects $5.5 bn hit as US targets chips sent to China
Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement on the primary chip it can legally sell in China. "First quarter results are expected to include up to approximately $5.5 billion of charges associated with H20 products for inventory, purchase commitments, and related reserves," Nvidia said in the filing. gc/des
“In a Christian wedding?” Pretty Mike’s scary entrance at Veekee James’ party sparks reactions
Nigerian socialite Pretty Mike's grand entrance with his scary entourage at Veekee James' wedding sparked a series of mixed feelings on social media.
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