Oil Price Rises For Fifth Day On Supply Cuts Concerns
The benchmarks gained more than 1% in the previous session after U.S. President Donald Trump announced a 25% tariff. Oil prices rose on Tuesday for a fifth day on concerns…
Shell Cuts Spending, Boosts Shareholder Distribution
The oil major has a $3.5 billion buyback for the current quarter. Shell’s Chief Executive Officer, Wael Sawan has been focused on cutting costs and pivoting the company back to…
Papua New Guinea Probes Loss Of Facebook During Police Cyber Test
Pacific nation Papua New Guinea opened an investigation Tuesday after losing access to Facebook during a police test of “innovative technology” to regulate online content. Meta’s Facebook and Messenger platforms…
‘Tax Reform Will Eliminate Regulatory Bottlenecks, Boost MSMEs Growth’
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says the tax reform bill will eliminate regulatory bottlenecks and boost micro small and medium enterprises’ (MSMEs) growth. Charles Odii, SMEDAN’s…
BMW, Volkswagen’s Electric Cars Outsell Tesla In Europe
Data by research platform JATO Dynamics and published by Reuters on Monday showed that Tesla EV sales in Europe have fallen in February behind Volkswagen and the BMW group, as…