Category: Business
India Slaps 15–50% Tariffs On US Goods
India has imposed tariffs ranging from 15% to 50% on a broad range of US products, including fresh and frozen fish, household appliances such as dishwashers and washing machines, and industrial goods like railway construction materials. This combination of pictures created on January 24, 2026 shows, L/R, US President Donald Trump in Davos on January…
Trump Threatens 50% Tariffs on Canadian Autos and Steel
US President Donald Trump has announced plans to raise tariffs on Canadian cars, trucks, automotive parts and steel to 50% from January 1, 2027, escalating trade tensions after Washington and Ottawa failed to reach a deal. U.S. President Donald Trump attends the National Republican Congressional Committee’s annual fundraising dinner at Union Station on March 25,…
Tesla Recalls Nearly 3 Million EVs In China Over Door Handle Safety
Tesla is recalling about 2.98 million vehicles in China after regulators raised concerns that hidden door handles could hinder occupants from escaping or rescuers from opening the doors after a crash or electrical failure. A woman opens the door for a Tesla Model YL electric vehicle as a customer looks inside at a showroom in…
Iran Shrugs Off Trump’s Threat Of Unprecedented Economic Pressure
Iran has dismissed Washington’s warning of an intensified economic campaign, after US President Donald Trump vowed to impose pressure on the country on an “unprecedented scale.” This handout photograph taken and released by the Iranian Foreign Ministry on June 16, 2026, shows Iranian Foreign Minister Abbas Araghchi speaking about the agreement reached with the United…
Oil Prices Fall as Trump Threatens ‘Economic War’ on Iran
Oil prices slipped on Monday as investors awaited fresh US sanctions against Iran, after President Donald Trump threatened an unprecedented economic campaign targeting Tehran and countries that continue trading with it. A graphic illustration of barrels of crude oil Oil prices fell on Monday as investors braced for details of a US plan to isolate…
Insecurity Threatens Investment, But Niger Remains Open for Business — Commissioner
The Niger State Government has acknowledged the impact of insecurity on investment while reaffirming its commitment to creating a business-friendly environment and attracting fresh investments. Niger State Commissioner for Industry, Trade and Investment, Aminu Takuma, during an engagement with heads of agencies under the Ministry of Industry, Trade and Investment at his office in Minna,…
Lebanon Economy Faces 6.4% Contraction as Conflict Derails Recovery
Lebanon’s economy is projected to shrink by 6.4% in 2026 as renewed conflict disrupts tourism, supply chains and domestic demand, reversing a fragile recovery and pushing inflation higher, according to the World Bank. A man holds a banner reading ‘No to freezing depositors’ funds’ during a demonstration by Lebanese depositors who remain unable to withdraw…
Africa Must Prioritise Energy-Led Industrialisation Over Raw Material Exports — Lawal
Energy executive Juwon Lawal says Africa can unlock sustainable growth by using reliable power to process its abundant natural resources locally, create jobs and build industries instead of relying on raw commodity exports. African countries must shift their economic focus from the export of raw materials to building an energy-led industrial framework to address persistent…
Samsung Plans Up To $80bn Share Buyback To Boost Investor Returns
Samsung has announced plans to buy back up to $80 billion worth of its shares, following rival SK hynix’s $28.9 billion buyback as both companies seek to reassure investors and strengthen shareholder returns. People walk past a large electronic screen showing the Samsung logo at a train station in Seoul on April 30, 2026. South…
![[JUST IN] Bitcoin Jumps Over 5% For Third Day On US Crypto Policy Hopes](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI1ODgiIGhlaWdodD0iNDQxIiB2aWV3Qm94PSIwIDAgNTg4IDQ0MSI+PHJlY3Qgd2lkdGg9IjEwMCUiIGhlaWdodD0iMTAwJSIgc3R5bGU9ImZpbGw6I2NmZDRkYjtmaWxsLW9wYWNpdHk6IDAuMTsiLz48L3N2Zz4=)
[JUST IN] Bitcoin Jumps Over 5% For Third Day On US Crypto Policy Hopes
Bitcoin surged more than five percent Friday for the third straight day, boosted by optimism over US cryptocurrency legislation and the US Treasury’s surprise bond-buyback move. Bitcoin extended its rally into a third straight session on Friday, on track for a weekly gain of around 20% as investor optimism flooded back into crypto markets on…
![[JUST IN] Bitcoin Jumps Over 5% For Third Day On US Crypto Policy Hopes](https://scooplounge.com/wp-content/uploads/2026/08/images-61.jpeg)
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Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
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