World Business
China Car Exports Up 80% in June on EV Demand, Domestic Sales Fall
China's passenger car exports surged 80% in June, driven by robust EV demand, even as domestic sales experienced a 26% decline. Automakers...
World Business 114 articles
World Business
IMF: Global Growth at 3% as War Weighs, AI Lifts Outlook
The International Monetary Fund projects a sluggish 3% global economic expansion for 2026, a downgrade driven by the Iran war's energy shock,...
World Business
Trump AI Export Ban Exposes Europe’s Tech Vulnerability
A potential US ban on AI exports under Trump could leave Europe heavily reliant on Silicon Valley, raising concerns about technological sovereignty.
World Business
OPEC+ Boosts Output, Cartel’s Future Uncertain After UAE Exit
A handful of OPEC+ nations will raise oil output from August. However, the cartel is fighting for survival following the UAE's departure,...
World Business
US Beef Exports to China Set for H2 Boost as Rivals Hit Quota Limits
US beef shipments to China are set to increase in the second half of the year as major competitors like Australia and...
World Business
OPEC+ Nations Boost Oil Output by 188,000 BPD as Prices Fall Post-Conflict Deal
Seven OPEC+ countries will increase oil production by 188,000 barrels per day in August, responding to falling crude prices after a US-Iran...
World Business
Trump Eyes Swift Russian Oil Sanctions as Hormuz Reopens
At the G7 summit in Evian, Donald Trump suggested the US could swiftly reimpose sanctions on Russian oil, citing the expected reopening...
World Business
Canada Taps State Firm for Asia-Bound Oil Pipeline
Trans Mountain Corp., a government-owned entity, will build a new pipeline from Alberta's oil sands to a Vancouver port, aiming to serve...
World Business
US Declines USMCA Renewal, Signaling Protracted Trade Negotiations
The United States has declined to renew the US-Mexico-Canada Agreement (USMCA) in its current form, setting the stage for complex annual reviews...