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International Business
China Exports See Biggest Drop For Three Years
China's imports and exports fell more sharply than expected last month as weaker global demand threatened the recovery prospects of the world's second-largest economy.
Official figures show that exports fell by 14.5% in July…
Nigeria’s Exports To Brazil Hit $1.035bn In Seven Months
Nigeria's total exports to Brazil rose to $1.035 billion between January and July this year, official information obtained by InsideBusiness has shown.
The information, obtained from the office of the consulate general of Brazil in…
NATO At Davos Promises To Defend Its Territory
NATO Secretary-General Jens Stoltenberg has told participants at the ongoing World Economic Forum Annual Meeting 2022 that the brutal war of aggression against Ukraine has shattered peace in Europe, triggering a historic enlargement of…
Credit Suisse scrambles to contain $10 billion Greensill aftershocks
Credit SuisseĀ (SIX:CSGN) grappled with the fall-out of Greensill Capital's insolvency on Wednesday, as the head of its European asset management division temporarily stepped aside and it appointed receivers to recover a $140 million loan in…
U.S. consumer prices rise solidly; underlying inflation tame
U.S. consumer prices increased solidly in February as the cost of gasoline rose further, leading to the biggest annual gain in a year, but underlying inflation remained tepid amid sluggish demand for services like…
Millions of U.S. Households Would Not get COVID-19 Payments Under New Biden Plan
WASHINGTONĀ - Millions of U.S. households who received coronavirus-relief payments under President Donald Trump would not get aid under a modified version of President Joe Biden's $1.9 trillion aid package announced on Wednesday, analysts…
U.S. Senate Intelligence Committee Approves Burns To Lead CIA
Ā The U.S. Senate Intelligence Committee by a unanimous voice vote on Tuesday backed veteran diplomat William Burns to become President Joe Biden's Central Intelligence Agency director, Senator Mark Warner, the Democratic committee chair,…
Texas Governor Lifts State’s Mask Mandate, Business Restrictions
Texas Governor Greg Abbott issued the most sweeping rollback of coronavirus restrictions of any U.S. state on Tuesday, lifting a mask mandate and saying most businesses may open at full capacity next week.
Abbott's executive order comes…
Boeing to base U.S. Air Force Prototype On Australian Pilotless Combat Jet
SYDNEY Boeing Co will use a pilotless, fighter-like jet developed in Australia as the basis for its U.S. Air Force Skyborg prototype, an executive at the plane maker said on Tuesday.
The āLoyal Wingmanā, the first military aircraft to be…
China Overtakes US As EUās Biggest Trading Partner
China last year overtook the United States as the EUās biggest trading partner, the EU statistics agency Eurostat said on Monday.
Britain meanwhile, which is no longer part of the European Union, was the third-largest trading partner for…