Wafrik News

• Business

Asian Markets Falter After Trump Revives Trade War Threats

Wafric News – June 12, 2025Asian financial markets took a sharp step back on Thursday following fresh trade threats from former U.S. President Donald Trump, reigniting global concerns over economic st...

• Business

Sri Lanka Hikes Electricity Prices Amid IMF Pressure and Economic Recovery Push

WafricNews  - June 11, 2025 COLOMBO, SRI LANKA - Struggling to stabilize its economy after an unprecedented financial collapse, Sri Lanka has announced a 15% hike in electricity tariffs, a move...

• Business

Netflix Commits Over €1 Billion to Spanish Productions Through 2029

WafricNews – June 11, 2025MADRID – Global streaming leader Netflix has announced a bold new investment plan, pledging more than €1 billion (approximately $1.1 billion) to support film and television p...

• Business

Toyota Faces Backlash Over $33B Buyout of Key Supplier

Wafric News – June 10, 2025Global auto giant Toyota is under fire from investors and governance advocates over a controversial $33 billion deal aimed at taking one of its most crucial suppliers, Toyot...

• Business

China Holds Its Ground as Rare Earths Become Centerpiece of US Trade Talks

Wafricnews - June 10, 2025As high-stakes trade negotiations resume between China and the United States, Beijing is leveraging its grip on one of the world's most strategic resources—rare earth mineral...