USA Archives — Page 2 of 7 — City Business News

September 16, 2022 No Responses

Oil Dips On Weak Demand Fear, Strong Dollar

Oil prices drifted lower on Thursday as weak demand concerns over a large build in the crude inventory in the United States plus a strong dollar overtook potential supply disruption as the centre of focus, Reuters reported. The main Brent...

May 10, 2022 No Responses

Hyundai Plans U.S. EV Plant

Hyundai Motor Company plans to build a new electric-vehicle manufacturing plant in the United States and has held discussions with officials in Georgia, near existing plants for the Hyundai and Kia brands, people with knowledge of its plans told Reuters....

May 7, 2022 No Responses

U.S. firm To Train 50,000 Nigerian Youths On Competitive Skills

AUnited States-Nigerian Technology Company, WRKR Technology Inc., has promised to train 50,000 Nigerians on its skills that would make them globally competitive for employment opportunities. WRKR is a technology company that unlocks access to work opportuni...

April 1, 2022 No Responses

US Orders Release Of Oil Reserves

US President Joe Biden has ordered a major release of oil from America’s reserves in an effort to bring down high fuel costs. The release of up to 180m barrels of oil over six months is the largest since the...

January 20, 2022 No Responses

British Airways Cancels U.S. Flights Due To 5G Safety Fears

British Airways is among the airlines cancelling U.S. flights due to 5G safety concerns. The action is in response to fears that the activation of the C-band strand of the mobile phone service near U.S. airports on Wednesday could disrupt...

December 15, 2021 No Responses

US Surpasses 800,000 Covid-19 Deaths

More than 800,000 Americans have now died from the coronavirus, the highest recorded national death toll from the global pandemic. It comes as the US reached 50 million confirmed cases of Covid-19 on Monday. Most deaths have been recorded among...

November 24, 2021 No Responses

US To Release Oil Reserves

The US has said it is releasing 50 million barrels of oil from its reserves in an attempt to bring down soaring energy and petrol prices. The move is being taken in parallel with other major oil-consuming nations, including China,...

August 27, 2021 No Responses

Afghanistan: US Vows To Complete Evacuations As Attack Claims 90 People

President Joe Biden says the US airlift from Kabul will continue despite a jihadist attack that killed over 90 people including 13 US service members. “We must complete this mission and we will,” he said. He also vowed to hunt...

August 17, 2021 No Responses

Biden Defends US Pullout From Afghanistan

President Joe Biden has said he stands “squarely” behind the US exit from Afghanistan as he faces withering criticism over the Taliban’s lightning conquest of the war-torn country. “How many more American lives is it worth?” asked...

July 5, 2021 No Responses

Buhari Congratulates USA On 245th Independence Anniversary

President Muhammadu Buhari has congratulated President Joe Biden, the government and people of United States of America on the occasion of the 245th Independence Day and annual celebration of the country’s nationhood. Buhari, in a statement issued by hi...

June 5, 2021 No Responses

US Bans Investment In China’s Shipbuilders

The Biden administration has banned U.S. investments in Chinese companies allegedly linked to China’s military, expanding hard-line policies introduced by the previous administration. The executive order bans American citizens from investing in some of...

April 28, 2021 No Responses

Buhari Asks U.S. To Relocate AFRICOM’s HQ To Africa

President Muhammadu Buhari has urged the U.S. to reconsider relocating U.S. Africa Command (AFRICOM) from Stuttgart, Germany, to Africa, nearer the Theatre of Operation. The president made the call at a virtual meeting with the U.S. Secretary of State, Mr...

February 12, 2021 No Responses

Nigeria, U.S. Sign MoU To Boost Cashew Production

The Ministry of Agriculture and Rural Development on Thursday signed a Memorandum of Understanding (MoU) with the United States Department of Agriculture (USDA) West Africa Pro- Cashew Project, to increase cashew productivity. The project aimed to improve the ...

January 25, 2021 No Responses

China Takes New Foreign Investment Top Spot From US

China has overtaken the US as the world’s top destination for new foreign direct investment, according to UN figures released on Sunday. New investments into America from overseas companies fell by almost half last year, leading to the loss of...