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Major Chinese display panel manufacturers like BOE and CSOT have started reducing their LCD output due to U.S. tariffs imposed during President Donald Trump’s administration, which impede exports to the American market, according to industry insiders. As businesses shift their focus towards Europe and Asia, experts indicate that obtaining new clients swiftly continues to…
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The Newry-based tech company FD Technologies has agreed to be acquired for £570 million by an American enterprise. The purchaser is TA Associates, a private equity firm based in Boston. Donna Troy, who leads FD Technologies, stated that the company’s board unanimously agreed the deal acknowledges the inherent worth of the enterprise and “provides…
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Absa Bank Ghana has kicked off 2025 with an impressive first-quarter performance, reinforcing its position as a leader in Ghana’s banking industry. The bank’s strong financial performance, along with its strategic moves, has cemented its role as a leader in the sector. The bank announced a Profit-Before-Tax (PBT) of GH¢686 million for Q1 2025,…
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New Delhi [India], May 9 (ANI): India and Chile took a major step forward in strengthening their economic partnership by signing the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement ( CEPA ). The Ministry of Commerce & Industry stated on Friday that this accord opens a new era in commercial ties…
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The Comptroller-General of the Nigerian Customs Service, Bashir Adewale Adeniyi, will be delivering the keynote address at the 2025 iteration of the annual nationwide gathering for alumni of Obafemi Awolowo University’s Muslim Graduate association (UNIFEMGA) scheduled for this coming Saturday. The discussion on cross-border trade and security will be led by Adeniyi during the…
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On Friday, German bank Commerzbank announced its highest quarterly profit since 2011, just before an important shareholders’ meeting where they aim to garner backing to counteract moves from Italy’s UniCredit. Since last year, UniCredit has significantly increased its holdings in its German rival, which has sparked speculation about a potential complete acquisition. However, this…
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Akpevweoghene Faith Usifo is an experienced Lagos-based fashion designer, entrepreneur, Creative Director, and founder of Styllent Designs, a company that specializes in crafting custom outfits for children. This interview features Akpevweoghene Faith Usifo. Seyi Taiwo-Oguntuase, She discusses her fashion brand along with various key fashion topics. Excerpts remain unchanged. What inspired you to get…
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The President of Gabon, General Brice Clotaire Oligui Nguema, has bestowed upon him the country’s distinguished national honors: the rank of Commander in the National Order of Gabonese Merit. This honor was awarded to Mr. Tony Elumelu, the Group Chairman of UBA Plc and the founder of the Tony Elumelu Foundation. This prestigious accolade…
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On May 9, Pakistan — Provincial Minister for Industries and Commerce Jam Ikramullah Dharejo stated that all development initiatives under Sindh Small Industries must be finished promptly. During his chairmanship of the event held today, he made this statement. At the gathering, Secretary Industries and Commerce Muhammad Yasin Shar Baloch as well as Managing…
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Chinese customs authorities have pledged to operate around the clock to streamline the import process for Thai durians during the height of the harvesting season. “I wish to express my gratitude to the General Administration of Customs of China and its staff members for their significant attention towards importing durians from Thailand and for…