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Nigeria's petrol use down 28% after subsidy scrapped, regulator says

Nigeria's average daily petrol consumption has fallen by 28% since President Bola Tinubu scrapped a popular but costly subsidy on the fuel at the end of May, data from the industry regulator shows. ....

Abuja Federal Capital Territory , Bola Tinubu , Elisha Bala Gbogbo , Jason Neely , Petroleum Regulatory Authority , World Bank , Thomson Reuters Trust Principles , President Bola Tinubu , Nigerian Midstream , Downstream Petroleum Regulatory Authority , Thomson Reuters Trust , Repi Petrochemicals , Repi Refining ,

German industry urges reduced dependency after China export controls

German industry on Tuesday warned that Europe must become more self-reliant in the hunt for raw materials needed for cleaner, more digital economies, after China caused alarm by announcing restrictions on some metals used for semiconductors. ....

United States , Wolfgang Niedermark , Bernhard Rohleder , Miranda Murray , Emelia Sithole Matarise , European Union , Thomson Reuters Trust Principles , Critical Raw Materials Act , Rachel More , Hakan Ersen Editing , Madeline Chambers , Thomson Reuters Trust ,

Analysis: Caught between riots and debt crises, African countries cut fuel subsidies

Abdoulaye Diallo is paying over 50% more to fill up his "thiak-thiak" motorbike taxi in Keur Mbaye Fall, a suburb of Senegal's capital Dakar, than he was before the government began lifting fuel subsidies in January. ....

South Africa , City Of , United Kingdom , Keur Mbaye , Abdoulaye Diallo , David Amaglobeli , Ngouda Dione , Karin Strohecker , Goolam Ballim , Hugh Lawson , Stanley Achonu , Christian Elion , Gregoire Garsous , World Bank , Standard Bank , Organisation For Economic , Thomson Reuters Trust Principles , International Energy Agency , Keur Mbaye Fall , Economic Co Operation , Saharan Africa , Thomson Reuters Trust , Repi Transport Fuels ,

Putin, Xi to attend virtual SCO summit hosted by India's Modi

Leaders of the Shanghai Cooperation Organisation (SCO) on Tuesday will hold an online summit hosted by India seeking to expand the influence of the Eurasian group by including Iran and opening a path to membership for Belarus. ....

New Delhi , Shehbaz Sharif , Vladimir Putin , Krishn Kaushik , William Maclean , Narendra Modi , Joe Biden , Thomson Reuters Trust Principles , Leaders Of The Shanghai Cooperation Organisation , Shanghai Cooperation Organisation , President Xi Jinping , Indian Prime Minister Narendra Modi , Uzbekistan Modi , Thomson Reuters Trust ,

China to restrict exports of chipmaking materials as US mulls new curbs

China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over access to high-tech microchips between Beijing and the United States. ....

United States , Jason Neely , Siyi Liu , Philippa Fletcher , Dominique Patton , Tom Hogue , Thomson Reuters Trust Principles , Beijing Newsroom , Thomson Reuters Trust ,