Tuesday, May 12, 2026
Peugeot, Fiat-Chrysler merger to create $50bn automobile giant
By Samson Echenim A merger of French-Italian automobile group, PSA Peugeot and American Fiat-Chrysler is expected to create world's fourth...
Read moreDetailsTrump vows China trade deal will help farmers
President Donald Trump again Monday said a trade deal is imminent with Beijing which will help American farmers hurt by...
Read moreDetailsRosneft, Russian oil giant, ditches dollar for euros as reference currency
Global oil market intelligence emerging right now is indicating that Rosneft, the largest oil company in Russia, has completed the...
Read moreDetailsGulf countries climb World Bank business climate rankings, Latin America fades
Gulf countries led by Saudi Arabia sharply improved their rankings in the World Bank’s latest Doing Business report, while Latin...
Read moreDetailsChina says it hopes to reach phased trade pact with U.S. as soon as possible
China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as...
Read moreDetailsCommonwealth trade ministers endorse action to boost trade to $2trn by 2030, seek WTO reform
By Samson Echenim Trade ministers of the Commonwealth of Nations have endorsed an action plan designed to boost trade among their...
Read moreDetailsTrump sees ‘good things’ in trade talks; China dangles partial deal
U.S. President Donald Trump sounded an optimistic note on Friday as high-level trade talks with China entered a second day,...
Read moreDetailsTop-level U.S.-China trade talks resume as irritants sour atmosphere
The United States’ and China’s top trade negotiators were set to meet on Thursday for the first time since late...
Read moreDetailsGlobal market sentiments hit by fear of war on capital flows, says FXTM Sayed
By Hussein Sayed Equity markets in Asia kicked off the week mixed after the S&P 500 posted a 0.5% decline...
Read moreDetailsKenya central bank approves merger of lenders NIC, CBA Group
Kenya’s central bank said on Friday that it had approved the merger of Commercial Bank of Africa and NIC Group,...
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