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Competition drives down Nigeria petrol prices
The retail price of petrol in Nigeria has dropped to 860 naira ($0.57) per litre, as a major local refinery drives down prices in a country long forced to import its gasoline.
Tesla shares fall on weak China auto sales
Shares of Tesla tumbled Tuesday following data showing a big drop in auto sales in China, adding to recent losses amid backlash to CEO Elon Musk's alliance with US President Donald Trump.
China, Canada retaliate against Trump's 'dumb' tariff war
Canadian Prime Minister Justin Trudeau launched a stunning attack on Donald Trump's "dumb" trade war as huge US tariffs kicked in against Canada, Mexico and China on Tuesday, sparking angry and immediate retaliation from all three.
EU chief unveils 800-billion-euro plan to 'rearm' Europe
EU chief Ursula von der Leyen Tuesday presented a plan to mobilise some 800 billion euros ($843 billion) for Europe's defence -- and help provide "immediate" military support for Ukraine after Washington suspended aid.
Seize or freeze? Friction in Europe over Russian assets for Ukraine
As Europe scrambles to boost military aid to Ukraine, calls are intensifying to fund it by seizing tens of billions of euros in frozen Russian assets, in an issue causing tension between European allies.
Stock markets, oil slide on trade war fears as US tariffs bite
Stock markets were in gloomy mode Tuesday as China, Mexico and Canada hit back at US tariffs and fears grew that Europe could be President Donald Trump's next target in the growing global trade war.
Eurovision chiefs promise 2025 show 'all about surprises'
Eurovision organisers promised Tuesday that the 2025 edition of the song contest will be all about surprises, with two months to go before showtime.
Chameleon phones and smart contact lenses: the gadgets of MWC 2025
As the world's biggest wireless technology fair, the Mobile World Congress in Barcelona is packed with manufacturers showing off their latest gadgets and inventions.
Writing on the wall as Chinese businesses fret over US trade war
At a bustling Shanghai trade fair, exporters of goods ranging from plush toys to chainmail bikinis expressed growing unease at the escalating US-China trade war as new US tariffs took hold on Tuesday.
'Stab in the back': Ukrainians in shock after US aid halt
Ukrainians in Kyiv and soldiers on the front lines were in shock on Tuesday and grappling with a sense of betrayal after US President Donald Trump's decision to suspend military aid.
Stock markets slide on trade war fears as US tariffs begin
Stock markets slid Tuesday on trade war fears as world powers hit out at the start of US tariffs on China, Mexico and Canada that risk being extended to Europe.
China's elite don traditional garb for annual 'Two Sessions' talking shop
Sporting military uniforms and multi-coloured traditional garb, delegates from all four corners of China descended on the capital on Tuesday for the country's largest annual political event -- a red-carpet cameo for the ruling elite.
France opposes seizing frozen Russian assets: minister
France voiced opposition Tuesday to seizing frozen Russian assets to fund a European military spending boost for Ukraine, arguing such a move would be against international agreements.
Markets fall on trade war fears after US, China tariffs
Markets fell in volatile trade Tuesday on fears of a trade war after China announced fresh tariffs on US imports in retaliation for President Donald Trump's latest levies.
Saudi Aramco profits drop 12 percent on lower prices, volumes
Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom's ambitious economic reform plans.
Asian stocks pare their losses after China's retaliatory tariffs
Asian markets recouped some of their early losses in volatile trade on Tuesday after China announced fresh tariffs on US imports in retaliation to President Donald Trump's latest levies.
Japan startup targets June 6 Moon landing
Japanese startup ispace on Tuesday set a June 6 target touchdown date for its Moon lander, following the success of its rocket "rideshare" buddy, a spacecraft from a US firm.
Trade wars intensify as US tariffs on Canada, Mexico and China take force
Mounting trade wars between the United States and its largest economic partners deepened on Tuesday as US tariffs on Canada, Mexico and China kicked in, sparking swift retaliation from Beijing and Ottawa.
7-Eleven says Couche-Tard takeover still under consideration
The Japanese parent company of 7-Eleven said Tuesday that a buyout bid from a Canadian convenience store rival was still on the table despite a report that it planned to reject the multibillion-dollar offer.
Asian stocks tumble after Trump tariffs
Asian markets tumbled on Tuesday after US President Donald Trump hiked tariffs on Chinese imports and warned that levies on Mexico and Canada could not be averted.
Asia stocks tumble after Trump tariffs
Asian markets tumbled on Tuesday after US President Donald Trump heaped tariffs on Chinese imports and warned levies on Mexico and Canada could not be averted.
Trade war casts pall as China's leaders meet
China's leadership is gathering at the largest political event of the year on Tuesday, seeking a response to US President Donald Trump's latest salvo of tariffs targeting an already sluggish Chinese economy.
7-Eleven shares plunge on reported plan to reject takeover
Shares of the owner of 7-Eleven plunged on Tuesday after a report said the Japanese retailer plans to reject a multibillion-dollar takeover offer by Canada's Alimentation Couche-Tard (ACT).
Trump's China tariffs eclipse first term, more hikes likely: analysts
Donald Trump's latest tariff hike targeting China is likely only the start of his intensifying trade war against Beijing, which may struggle to shield its already ailing economy, analysts warned.
'Terrifying': Canadian auto workers dismayed at looming US tariffs
Residents of the Canadian border city of Windsor had held out hope US President Donald Trump's threats of tariffs on imports from Canada would prove hollow, but that faith was dashed Monday, sparking fear for their futures.
US stocks fall on Trump tariff concerns, European defense firms soar
US stocks closed sharply lower Monday, after President Donald Trump slapped fresh sanctions against China and levies on Mexico and Canada neared imposition, while European defense shares soared as the European Union sought increased military spending over Ukraine.
TSMC announces $100 bn investment in new US chip plants
President Donald Trump said Monday that the chip-making giant TSMC will invest "at least" $100 billion in the United States to build "cutting edge" chip manufacturing facilities, in the latest blockbuster financial pledge by a private company since his return to office in January.
Reddit co-founder joins 'People's Bid' to buy TikTok
Reddit co-founder Alexis Ohanian announced Monday that he is joining a US bid to buy TikTok, becoming a strategic advisor to the effort.
European defence stocks soar as govts ramp up military spend
Share prices of European defence companies soared Monday as London and the European Union look to ramp up military spending in the face of uncertainty over the United States' commitment to Ukraine and NATO.
Clock ticking down to Trump tariffs on Canada, Mexico, China
Time is running short for Canada, Mexico and China to avert sweeping tariffs announced by US President Donald Trump, with the planned levies to take effect past midnight over what he deems an "unacceptable" flow of drugs.
Nuclear monitor defends Ukraine plant visit via Russia-controlled territory
UN nuclear watchdog chief Rafael Grossi on Monday defended the first ever visit by his staff to Ukraine's Zaporizhzhia nuclear power plant through Russian-occupied territory, saying the "exception" was aimed at protecting lives.
Wearable tech has far to go before challenging smartphones
Wearable gadgets like smart watches and glasses are growing more capable every year, but experts say smartphones will remain ubiquitous for the foreseeable future -- not least thanks to artificial intelligence features.