South Africa’s President Cyril Ramaphosa has moved to defuse a row with the new US administration over a new land law by speaking to Elon Musk. Mr Musk is a…
Category: Business News
UK: Threat of US tariffs leaves local exporters ‘nervous’
Two business owners who export to the United States say they could be negatively affected if President Trump carries out his threat to impose tariffs on UK products. Tom Warner,…
China: Fashion giant Shein re-enters India five years after ban
Chinese fast fashion app Shein has relaunched in India five years after it was banned by Delhi, under a deal with Indian firm Reliance Retail. An official from Reliance Retail,…
USA: Marco Rubio demands Panama ‘reduce China influence’ over canal
US Secretary of State Marco Rubio has demanded that Panama make “immediate changes” to what he calls the “influence and control” of China over the Panama Canal. America’s top diplomat…
USA. Musk team given access to sensitive federal payment system – reports
The Trump administration has given billionaire Elon Musk’s deputies access to the federal payments system that controls the flow of trillions of dollars in government funds every year, US media…
USA: Rubio lands in Panama as Trump threatens to ‘take back’ canal
United States Secretary of State Marco Rubio has kicked off his first official foreign trip with a stop in Panama, a longtime US ally shaken by President Donald Trump’s extraordinary threat…
USA: Global alarm, condemnation as Trump tariffs hit Mexico, Canada and China
A barrage of condemnation has rained down on United States President Donald Trump following his decision to impose stiff tariffs on imports from neighbouring countries, Mexico and Canada, as well as its…
Canada: PM Justin Trudeau imposes 25% tariffs in trade war with US
Canada has announced retaliatory tariffs against the US, in a move that marks the beginning of a trade war between the neighbouring countries. Prime Minister Justin Trudeau set out “far-reaching”…
China: Asian markets tumble as Trump’s tariff war escalates
Investors are bracing for a turbulent period that could hit the earnings of major companies and dent global growth. Canada and Mexico have said that they will hit back with retaliatory…
UK: Lloyds Bank to close 136 branches as people shift to apps
Lloyds Banking Group is to shut another 136 branches by March next year, arguing that customers are increasingly using digital channels for their day-to-day banking. It is the latest in…