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China readying $143 billion package for its chip firms in face of U.S. curbs

Business The Business Files Reporter -
China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major...

Crypto exchange Bitfront shuts down

Editors Pick The Business Files Reporter -
Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and...
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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Energy 0
Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa 0
Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

Business 0
South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

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Half of the world's 75 poorest countries are experiencing...

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