Growth in China’s factory output hit a six-month low last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.The United States and China this month agreed to a temporary truce in a standoff that saw tariffs hiked …
China factory output slows but consumption offers bright spot Read More »
China’s factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.The United States and China this month agreed to a temporary truce in a blistering trade war that saw tariffs hiked …
China factory output slumps but consumption offers bright spot Read More »
The partnership between US Steel and Nippon Steel has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called “golden share” advantage obtained by President Donald Trump’s administration.On Friday evening, Trump signed an executive order approving the partnership, bringing an end to the long-running saga over foreign ownership …
US Steel, Nippon partnership proceeds with security deal, ‘golden share’ Read More »
Sat, 14 Jun 2025 00:55:22 GMT
Oil prices soared and stocks sank Friday after Israel launched strikes on Iran, prompting retaliation from Tehran and stoking fears of a full-blown war.Oil futures rocketed more than 13 percent at one point before coming back to gains nearer seven percent, reigniting worries about a renewed spike to inflation.After a down day in Europe and …
Oil prices soar, stocks slide after Israel strikes Iran Read More »
War, tariffs and the Air India crash will cast a shadow over the Paris Air Show as the aerospace industry’s biggest annual gathering opens on Monday.More than 2,400 companies from 48 countries are showing off their hardware at the week-long event at Le Bourget airfield on the outskirts of Paris.The sales rivalry between Airbus and …
War, trade and Air India crash cast cloud over Paris Air Show Read More »
Fri, 13 Jun 2025 08:08:16 GMT
Oil prices soared more than 12 percent and stocks sank Friday after Israel launched “preemptive” strikes on Iranian nuclear and military sites and warned of more to come, stoking fears of a full-blown war.Investors ran for the hills on news of the attacks and a warning from Tehran that its regional foe faced a “bitter …
Oil surges, stocks fall on Middle East fears as Israel strikes Iran Read More »
A London-bound passenger jet crashed in a residential area in the Indian city of Ahmedabad on Thursday, killing at least 265 people on board and on the ground — but one passenger has miraculously survived.An AFP journalist saw bodies being recovered from the crash site, and the back of the Boeing 787-8 Dreamliner — which …
At least 265 dead in India plane crash, one passenger survives Read More »
The dollar plunged on Thursday after US President Donald Trump threatened higher unilateral tariffs on trade partners, and oil see-sawed as traders evaluated the probability behind reports that Israel could be gearing up to strike Iran.Stocks traded mixed as investors navigated the double whammy of returning trade uncertainty and geopolitical volatility, while Boeing’s share price …
