Ethiopia Seeks to Expand Banana Exports
Ethiopia’s Ministry of Agriculture says the country is working to improve banana quality, productivity and market access as it seeks to grow exports.
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UK watchdog investigates Trainline, Virgin Atlantic and Red over pricing displays
The UK Competition and Markets Authority has opened investigations into three companies over concerns that customers were shown prices that did not include all mandatory fees.
Ethiopian Minister Says Foreign Home-Ownership Law Could Support Urban Development
Urban Development Minister Chaltu Sani says Ethiopia’s recent residential property ownership proclamation for foreign nationals could stimulate city and real-estate development.
US pauses 50% Canada tariffs for three days as trade talks continue
Canada temporarily avoided a 50% US tariff after late negotiations, but Prime Minister Mark Carney said a final trade agreement still required more work.
Brent Crude Tops $90 as US-Iran Negotiation Window Expires
Brent crude moved above $90 a barrel as a US-Iran negotiation window expired without an agreement and geopolitical tensions intensified.
China’s industrial output and retail sales growth slow in July
Official figures showed weaker year-on-year growth in Chinese factory output and retail sales in July, increasing pressure on Beijing to support domestic demand.
VEB Chief Economist Fired After Criticising Russia’s Wartime Economy
Andrei Klepach, chief economist at Russia’s state-controlled VEB development bank since 2014, was dismissed after publicly warning about the country’s economic position during the war.
Virgin Trains Wins Approval for Cross-Channel Services From 2030
Britain’s rail regulator has approved up to 20 daily return Virgin Trains services linking London with Paris, Brussels and Amsterdam from 2030.