Business

Competing for the catch of the day: In Louisiana, shrimpers struggle to stay afloat

In the Gulf of Mexico, the prawn fishing industry has been undermined for several years by foreign competition, particularly from Asia and South America. US shrimp fishermen find it impossible to cope…

4 hours ago

by Abiodun Ogundairo

Nissan to cut 20,000 jobs as carmaker reports €4 billion annual net loss

Things are going from bad to worse for Nissan. Struggling with weak sales and an ageing lineup, the Japanese carmaker has announced a sweeping restructuring plan, aiming to save €3 billion in…

1 day ago

Business

German industry under pressure to innovate

German industry faces an unprecedented crisis, with growing global competition and pressure to go greener. How are companies like Volkswagen, RWE, and BASF navigating the transition, and will it pay off in…

5 days ago

Business

Kidnappings, ransom demands target French cryptocurrency moguls

A spate of violent kidnappings has targeted wealthy French cryptocurrency investors as criminal gangs seek to extort ransoms. We take a closer look. But first: Washington prepares for trade negotiations with Beijing…

1 week ago

Business

Tesla denies report that its board planned to replace Musk

Tesla chair Robyn Denholm has denied a Wall Street Journal report that the board had started looking for a new CEO to replace Elon Musk. It comes as Musk is stepping back…

2 weeks ago

Business

US economy shrinks for the first time since 2022

US President Donald Trump has blamed Joe Biden for a 0.3% shrink in GDP for the first three months of the year, as firms stockpiled imports ahead of tariffs. The S&P 500…

2 weeks ago

Business

Citroën aims for sales turnaround with launch of new electric SUV model

French carmaker Citroën, part of Stellantis, launched a new SUV model this Tuesday in Paris in a bid to turn around sales that have dropped over 10 percent in the first quarter…

2 weeks ago

Business

Nissan sees record annual net loss for 2024 as carmaker tries to turn around business under new CEO

Nissan has announced it now expects a record net loss of up to 4.6 billion euros for the fiscal year that ended in March, around 9 times larger than its previous forecast…

2 weeks ago

Business

Did Donald Trump post a photoshopped image of Kilmar Abrego Garcia’s ‘MS-13’ tattoos?

Amazon draws Trump’s ire over reported plan to display tariff costs

The White House has blasted Amazon over a reported plan to display how much additional costs are coming from tariffs right next to the total price of a product on its website.…

2 weeks ago

Business·Uncategorized

Trade tariffs can’t become the ‘new normal’: French minister-delegate Haddad

We sit down with France's minister-delegate for Europe, Benjamin Haddad, to take stock of diplomacy around Ukraine and the US-EU standoff over trade tariffs. Haddad lived in the US and worked for…

3 weeks ago

Business

Kenyan president visits China amid tariff pressure

Kenyan President William Ruto arrives in Beijing for a five-day state visit at the invitation of Chinese President Xi Jinping. Also, in a bold move, Uganda's army chief meets DR Congo’s CODECO…

3 weeks ago

Business

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Business

Competing for the catch of the day: In Louisiana, shrimpers struggle to stay afloat

Nissan to cut 20,000 jobs as carmaker reports €4 billion annual net loss

German industry under pressure to innovate

Kidnappings, ransom demands target French cryptocurrency moguls

Tesla denies report that its board planned to replace Musk

US economy shrinks for the first time since 2022

Citroën aims for sales turnaround with launch of new electric SUV model

Nissan sees record annual net loss for 2024 as carmaker tries to turn around business under new CEO

Amazon draws Trump’s ire over reported plan to display tariff costs

Trade tariffs can’t become the ‘new normal’: French minister-delegate Haddad

Kenyan president visits China amid tariff pressure

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