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UK airport shuts indefinitely as plane crash sparks fireball

Southend Airport in the United Kingdom has been shut down indefinitely after a small aircraft crashed on Sunday afternoon, triggering a massive fireball. Footage shared online captured intense flames and thick black smoke billowing from the scene. Essex Police said officers were called shortly before 4pm following reports of a collision involving a 12-metre plane. […]

Shares rises as US lifts export ban on chip design software
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Shares rises as US lifts export ban on chip design software

Shares of United States chip design giants Synopsys and Cadence Design Systems surged on Thursday after the U.S. government lifted recent export restrictions on advanced semiconductor software to China, providing relief to the Electronic Design Automation industry and easing tensions in the ongoing tech trade dispute. Synopsys shares rose 6.7% in pre-market trading, while Cadence […]

US-Nigeria bilateral trade hit nearly $13bn in 2024 – US Ambassador
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US-Nigeria bilateral trade hit nearly $13bn in 2024 – US Ambassador

Trade between the United States and Nigeria has surged to nearly $13 billion in 2024, marking a significant milestone in economic relations between the two nations. The announcement was made by the U.S. Ambassador to Nigeria, Richard M. Mills Jr., during a business forum hosted by Lagos Business School. Speaking at the event themed “Towards […]

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US-China tensions reignite over Huawei AI chip export rules

Efforts to ease trade tensions between the United States and China have hit a setback as a new dispute over semiconductor regulations reignites friction between the two global powers. On Wednesday, China’s Ministry of Commerce issued a sharp rebuke to recent U.S. export restrictions targeting Huawei’s artificial intelligence chips, threatening legal action against those who […]

US delivery company DoorDash to acquire Deliveroo in £2.9bn deal
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US delivery company DoorDash to acquire Deliveroo in £2.9bn deal

United States meal delivery giant DoorDash is set to acquire British rival Deliveroo in a deal valued at approximately £2.9 billion ($3.85 billion), the companies announced on Tuesday. The acquisition is aimed at strengthening DoorDash’s footprint in Europe amid growing competition in the food delivery sector. Talks between the two companies were revived last month […]

US considers equity stakes in chipmakers under CHIPS act
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Trump to slash US tariffs on China ‘substantially’

President Donald Trump has hinted at a potential reduction in tariffs on Chinese goods, signaling a possible thaw in the tense U.S.-China trade relationship that has rattled global markets. During a White House press briefing on Tuesday, Trump indicated that the hefty tariffs—some reaching as high as 145%—could soon be eased, though not eliminated entirely. […]

US considers equity stakes in chipmakers under CHIPS act
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Trump exempts Nigeria from global embassy closure – Report

The United States government, under President Donald Trump, is reportedly set to shut down several embassies and consulates across Africa and other regions, according to a report by CNN. Citing an internal document from the U.S. State Department, the report reveals that about 30 diplomatic missions around the world are slated for closure as part […]

DOGE to cut IRS workforce by 20%
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DOGE to cut IRS workforce by 20%

The Trump administration, in collaboration with the Department of Government Efficiency, is proposing a significant downsizing of the Internal Revenue Service, potentially reducing its workforce by nearly 20% by May 15—just one month after Tax Day. As part of a broader government-wide effort to streamline federal agencies, President Donald Trump has directed agencies to submit […]

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Remote US federal workers ordered to relocate to Washington

The United States Office of Personnel Management has directed at least two dozen remote employees to relocate to Washington, D.C., providing them with a nine-day window, until March 7, to make their decision. The OPM emailed remote employees on Wednesday, informing them they must relocate to Washington, D.C., according to sources and emails reviewed by […]

US considers equity stakes in chipmakers under CHIPS act
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Judge okays Trump’s buyout plan for federal workers

Around 75,000 United States federal employees have accepted the White House’s “deferred resignation” offer, which allows them to resign while being paid through September, according to an Office of Personnel Management spokesperson. The deadline closed Wednesday after a federal judge lifted a temporary halt on the program. The reported 75,000 federal employees who accepted the […]

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US lifts ban on World food programme donations

The World Food Programme announced that it will resume in-kind food aid purchases and deliveries funded by USAID, following the lifting of a pause caused by the Trump administration’s freeze on U.S. foreign aid. This decision comes after concerns from an aid watchdog that the suspension had stranded 500,000 metric tons of food at sea […]

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