The MSC Regulus container ship, operated by Mediterranean Shipping Co. (MSC), left, the Monte Verde container ship, operated by Hamburg Sud, centre, and the OOCL Germany container ship, operated by Orient Overseas Container Line Ltd., docked at the Port of Felixstowe Ltd., a subsidiary of CK Hutchison Holdings Ltd., in Felixstowe, U.K., on Thursday, June…
U.S. President Donald Trump gestures, before boarding Air Force One as he departs for Florida, at Joint Base Andrews, Maryland, U.S., March 28, 2025. Kevin Lamarque | Reuters The Trump administration is broadening its anti-DEI campaign to European companies. Government officials have reportedly sent letters to companies in France and the European Union that hold…
President Donald Trump’s 25% tariff on foreign-made vehicles and parts stands to raise prices on vehicles by thousands of dollars, according to industry economists and other analysts. Sticker prices are already near record highs — just shy of $50,000 on average, Cox Automotive. A record number of buyers are delinquent on their auto loan payments,…
Crude oil prices were on course for their third weekly rise as concern grew about supply after President Trump threatened 25% tariffs on any country buying Venezuelan crude while stepping up sanctions on Iranian entities. At the time of writing, Brent crude was trading at $73.91 per barrel while West Texas Intermediate was changing hands…
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of GM…
Bangladesh’s Chief Adviser Muhammad Yunus is due in China on Wednesday at the start of a four-day visit during which he is expected to seek financial support and sign MoUs to boost his country’s sagging economy amid dwindling support from the US under President Donald Trump. India will keep a close watch if Yunus agrees…
Tycoon Li Ka-shing’s CK Hutchison Holdings and the Hong Kong government are discussing “a reasonable way out” with a week to go until the deadline for sealing a controversial deal to sell its two Panama ports to a consortium led by US investment firm BlackRock, the Post has learned. Sources said on Wednesday that the…
U.S. stocks posted significant gains after Donald Trump suggested he could exempt some nations from the reciprocal tariffs due to take effect next week. The S&P 500 rose 1.8 percent on Monday, the Dow Jones Industrial Average gained 1.4 percent, and the Nasdaq Composite climbed 2.3 percent. Why It Matters The U.S. stock market has…
Editor’s note: Teymur Atayev is an Azerbaijani publicist, historian, political scientist, and host of the program “Aspects of Foreign Affairs” on the Azerbaijani CBC TV channel (broadcasts in Russian). The article expresses the personal opinion of the author and may not coincide with the view of News.Az. On March 23, during a meeting with the…
China’s No. 2 on Sunday voiced frustration over the direction of trade ties with the United States and called for win-win cooperation. Premier Li Qiang made the remarks during a weekend visit to Beijing by Senator Steve Daines (R-MT), a close ally of President Donald Trump. Why It Matters Daines’ visit—leading a delegation that included…