Airline bosses meet from Sunday in New Delhi at their annual industry conference, battling to mitigate the impact of Donald Trump’s policies that have hit travel to the United States and potentially raised costs for aviation.Trump’s bid to impose tariffs on the United States’ trading partners have upended commercial flows, with legal challenges against his …
Airline chiefs meet in India amid turbulence of Trump Read More »
The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency exchange Binance and its majority shareholder, Changpeng Zhao.”In the exercise of its discretion and as a matter of policy, the Commission deems it appropriate to dismiss this litigation,” the agency said in a court filing.The SEC added that dropping …
Asian shares fell Friday after a US appeal court gave Donald Trump’s sweeping tariffs a temporary reprieve, fanning uncertainty a day after judges had ruled the controversial measures were unconstitutional.The losses reversed a rally across world markets the previous day as analysts warned that the legal wrangling could compound volatility and throw trade talks between …
Asian markets reverse as appeals court gives Trump tariffs reprieve Read More »
Brazilian prosecutors are suing Chinese electric car giant BYD and two contracting companies for human trafficking and alleged slave labor conditions at a build site, according to legal documents seen by AFP Thursday.The case concerns 220 Chinese workers found last December in conditions “analogous to slavery” at a BYD plant under construction in Camacari, in …
Brazil sues China’s BYD over ‘slavery’ conditions on build site Read More »
The western Canadian province of Saskatchewan declared a wildfire emergency on Thursday, becoming the second to do so after neighboring Manitoba had ordered 17,000 people to quickly flee their homes in remote communities a day earlier.”It’s a very serious situation that we’re faced with in Saskatchewan,” the province’s Premier Scott Moe told a news conference.”We …
Canadian wildfire emergency spreads to second province Read More »
Global shares gave a muted response Thursday to a US court’s decision blocking most of President Donald Trump’s sweeping tariffs — with analysts noting the issue is far from settled.The US Court of International Trade ruled late Wednesday that Trump’s broad imposition of tariffs had overstepped his authority, barring most of the duties announced since …
Chinese exporters in one of the world’s busiest port cities spoke Thursday of murky horizons as they try to navigate the trade maelstrom unleashed by the ever-changing saga of US tariff policy.Suppliers in the eastern city of Ningbo — home to the world’s third biggest container port — have had a wild ride since US …
Chinese exporters “on hold” despite US tariff relief Read More »
Two human traffickers were sentenced Wednesday for their roles in a smuggling operation that resulted in the 2022 deaths of four Indian nationals, including a three-year-old and an 11-year-old, the US Department of Justice said.Harshkumar Ramanlal Patel, 29, was sentenced to over 10 years in prison for organizing logistics and co-conspirator Steve Anthony Shand, 50, was …
Human traffickers sentenced in freezing deaths of 4 Indian nationals Read More »
Asian stocks rallied with US futures Thursday after a US court blocked Donald Trump’s sweeping global tariff blitz, dealing a hefty blow to the president’s signature trade policy and providing some much-needed relief.The ruling provided an extra shot in the arm for investors already upbeat after forecast-busting earnings from chip titan Nvidia revived optimism about …
Asian equities boosted by US court’s tariff ruling, Nvidia results Read More »
More than 17,000 people in Canada’s western Manitoba province were being evacuated on Wednesday as the region experienced its worst start to a wildfire season in years.”The Manitoba government has declared a province-wide state of emergency due to the wildfire situation,” Manitoba Premier Wab Kinew told a news conference. “This is the largest evacuation Manitoba will …
Thousands to evacuate as Canada’s Manitoba province declares wildfire emergency Read More »
