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US treasury secretary signals deal to ease trade war with China
US treasury secretary signals deal to ease trade war with China
by  AFP

US Treasury Secretary Scott Bessent on Sunday signalled a tentative deal with China to de-escalate their damaging, tariff-fueled trade war -- just days before a summit between Presidents Donald Trump and Xi Jinping. Bessent said he expected the two leaders to formally announce the deal at their summit.

Nigeria refinery aims to be world's biggest with expansion
Nigeria refinery aims to be world's biggest with expansion
by  AFP

Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world in three years' time with an expansion doubling its capacity, its owner said on Sunday. "This expansion reflects our confidence in Nigeria's future, our belief in Africa's potential and our commitment to building energy independence for our continent," Dangote said.

India and China to resume direct flights as ties improve
India and China to resume direct flights as ties improve
by  AFP

India and China resume direct flights on Sunday after a five-year suspension, a move important both for trade and a symbolic step as Asia's giants cautiously rebuild relations. Exports from India to China were $ 1.47  billion, modest by comparison, but up around 34 percent year-on-year.

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