In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports. According to Reuters sources close to the matter, the proposed…
The United States is currently facing a significant plastic waste crisis, generating 40 million tons of plastic waste each year, with no cost-effective method to recycle 91% of it.
Get latest articles and stories on Business at LatestLY. India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 months of projected imports, according to the Monthly Economic Review report of the…
A group of large solar panel producers from the U.S. have petitioned President Biden with a call to impose import tariffs on panels imported from Cambodia, Malaysia, Thailand, and Vietnam. The reason: low prices that are killing the…
The President of the All Farmers Association of Nigeria (AFAN), Kabir Ibrahim, has revealed that imported rice from India carries a landing cost of $58 per bag. Ibrahim, during a recent conversation with The PUNCH in Lagos, mentioned that…
Nigeria’s import bill is expected to rise significantly as the negative impact of exodus of several multinationals in the pharmaceutical sector of out of the country worsens. Experts disclosed that...
Solar manufacturers are asking the U.S. government to place duties on $12.5 billion of imported equipment from Southeast Asia, setting the stage for a sweeping trade investigation that threatens to make power projects more expensive.
The UAE is Russia’s major trade partner among Middle Eastern countries, Andrey Terekhin said, adding that trade turnover between the countries increased several-fold over the past several years
The war in Ukraine, Western sanctions, India's concerns over the quality of Russian kit and its desire to develop an indigenous defense industry have all played a role in this shift.
Domestic manufacturers continue to struggle in the face of competition from cheaper imports from Asia, prompting these companies to fight back in a series of trade petitions.
The former Foreign Secretary explained that Indian companies, after refining and processing the crude oil, had been selling the refined products even to Western buyers.
Africa's most industrialized nation has long relied on fuel from abroad, but demand has grown in recent years as a string of refineries suspended output.
A new settlement between the federal government and an Arizona-based nonprofit will permit the group to import and use ayahuasca as a religious sacrament—an agreement leaders are calling a historic milestone for spiritual freedom. Under…
With an agronomic landscape characterized by minimal commercial avocado production, Namibia witnessed an uptick in avocado imports, reaching 889 tonnes valued at over N$16.4 million in the last quarter of the previous year. This represents…
Shipments of fruits and nuts from China to Kyrgyzstan grew 1.6 times in the first quarter of 2024, according to data from the Main Customs Administration of China. During the three months, fruits and nuts were imported from China for a…