Ryanair faces massive fine in Italy over ‘abusive strategy’
Italy's competition authority AGCM claims the budget airline blocked payment methods and mass-deleted accounts to manipulate travel agencies and force them into partnerships. Ryanair has pledged to appeal the fine.Italy's competition authority (AGCM) has hit Ryanair with a fine of more than €255 million...
TikTok signs deal to sell US unit in joint venture deal
TikTok's Chinese owner, ByteDance, agreed to sell a majority of its US assets to a group of investors.TikTok signed a deal on Thursday that will see about 80% of its US assets sold to a group of investors. The deal ensures that the social...
BREAKING: NNPCL reduces fuel price after Dangote Refinery, depot owners cut rates
The Nigerian National Petroleum Company Limited has reduced its premium motor spirit pump price after Dangote Refinery and depot owners dropped ex-depot prices.A DAILY POST correspondent who went round filling stations in Abuja on Thursday, gathered that the state-owned firm has slashed its fuel...
Nigeria eyes bigger slice of AfCFTA’s $3.4tn market
Nigeria has restated its determination to seize the vast opportunities within the African Continental Free Trade Area (AfCFTA), as the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, declared that the country must fully unlock its share of the continent’s $3.4 trillion market.
Speaking...
US to remove some tariffs from Argentina, Ecuador
The removal of US tariffs is intended to reduce the price of bananas, coffee, and other food products from the region.The United States is set to lift tariffs on certain food products and other imports from Argentina, Ecuador, Guatemala and El Salvador in return...
Shein avoids ban in France — government
The fast-fashion retailer sparked outrage in France over a listing including "childlike" sex dolls. Legal proceedings against the company are still ongoing.Singapore-based online retailer Shein is not to be subject to a ban in France during a probe into the sale of illegal items,...