US Pulls Out Of Iran Nuclear Deal

US Pulls Out Of Iran Nuclear Deal

US President Donald Trump says he will withdraw the US from an Obama-era nuclear agreement with Iran. Calling it “decaying and rotten”, he said the deal was “an embarrassment” to him “as a citizen”. Going against advice from European allies,...
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Test Of Courage For Audi Drivers In Belgium

Test Of Courage For Audi Drivers In Belgium

Belgium, some 80 kilometers southeast of Brussels will host round three of the FIA World Rallycross Championship (World RX) this weekend (May 12/13) – and test the drivers’ courage.   The two EKS Audi Sport drivers are travelling to Mettet...
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More Strikes Threaten Future Of Air France, Says Minister

More Strikes Threaten Future Of Air France, Says Minister

The survival of strike-hit Air France is in the balance, according to the country’s economy minister. Bruno Le Maire’s warning that Air France could “disappear” comes as staff begin another round of industrial action over a pay dispute....
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Corporation Unveils Helix Terminal At Port of Barcelona

Corporation Unveils Helix Terminal At Port of Barcelona

Miami-based cruise company Carnival Corporation & plc officially opened its second cruise terminal at the Port of Barcelona on May 5. Located on the port’s Adossat wharf, the Helix terminal will accommodate Carnival Corporation’s new class of next-gene...
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Panasonic To Pay $280m Corruption Fine

Panasonic To Pay $280m Corruption Fine

Japanese electronics giant Panasonic has agreed to pay more than $280m (£203m) to resolve charges brought under US anti-corruption law. The US said the firm’s in-flight entertainment division hired consultants for “improper” purposes and con...
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Grimaldi Okays $400m For Six RoRos

Grimaldi Okays $400m For Six RoRos

The Grimaldi Group from Italy has ordered the construction of six RoRo vessels from the Chinese Jinling shipyard.  The sextet, worth USD 400 million, is scheduled for delivery in 2020, and forms part of the company’s ambitious fleet expansion plan....
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Audi Rolls Out New Q5L SUV With Long Wheelbase

Audi Rolls Out New Q5L SUV With Long Wheelbase

It boasts of  4.77 meters (15.6 ft) long and offers plenty of space for five people and loads of luggage: Audi is presenting the new Q5L at the Beijing Motor Show from April 25 to May 4. The long version...
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CO2 from new cars up as petrol overtakes diesel In New Statistics

CO2 from new cars up as petrol overtakes diesel In New Statistics

The year 2017 saw two new and related trends in EU car registrations: an increase in CO2 emissions coupled with a rise in petrol sales, according to new data from the European Environment Agency (EEA) and the European Automobile Manufacturers’...
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Tony Elumelu To African Leaders: Prioritize Africa’s Youth

Tony Elumelu To African Leaders: Prioritize Africa’s Youth

During the annual spring meetings of the International Monetary Fund and the World Bank in Washington, DC, African philanthropist and entrepreneur Tony O. Elumelu insisted that prioritizing Africa’s youth by fixing the policy and regulatory issues impeding t...
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Improve Health, Safety Operations, ITF Urges Hutchison Ports

Improve Health, Safety Operations, ITF Urges Hutchison Ports

The International Transport Workers’ Federation (ITF) has urged Hutchison Ports to address health and safety incidents across their global operations, after a dockworker suffered multiple injuries in a fall at the company’s Port Botany terminal. The ITF...
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Eximbank Pledges $700m For Shipping

Eximbank Pledges $700m For Shipping

The Export–Import Bank of Korea (KEXIM) has committed to provide the country’s shipping industry with KRW 800 billion ( approximately USD 750 million) worth of loans and guarantees this year. The loans will be provided to shipping companies for buying...
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DMO Photo News

DMO Photo News

L-R: Director of Portfolio Management Department, Debt Management Office (DMO), Oladele Afolabi; Representative of the Minister of Finance and Director-General of DMO, Patience Oniha; Managing Director of Fitch Ratings Agency, Edward Parker, and Fitch Ratings ...
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Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations

Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations

President Muhammadu Buhari has identified Trade and Investment Facilitation as key to sustainable development and ease of doing business and regional integration among Commonwealth countries. He also cited expanded markets with safeguards against injurious tra...
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Elumelu, Kim, Weiner To Open Forum On  Digital Economy for Africa

Elumelu, Kim, Weiner To Open Forum On Digital Economy for Africa

Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C...
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