World Business
OPEC+ Boosts Output Amidst Cartel’s Uncertain Future
OPEC+ countries have agreed to increase output targets, but the cartel faces existential challenges following the UAE's departure and internal divisions.
World Business 146 articles
World Business
Trump Imposes Double-Digit Tariffs on 60 Nations Over Forced Labor Concerns
President Trump has enacted new 10% to 12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans.
World Business
Meliá Exits Cuba: Sanctions Force Spanish Hotel Chain’s Full Withdrawal
Spanish hotel giant Meliá is completely shuttering its Cuba operations due to U.S. sanctions and an energy blockade, dealing a major blow...
World Business
Japan’s June Trade Deficit Widens to ¥406.9 Billion Amid Weak Yen, Iran Conflict
Japan's trade deficit unexpectedly expanded in June to ¥406.9 billion ($2.5 billion), driven by a depreciating yen inflating import costs and rising...
World Business
Ford Commits $499M to Canada Engine Plant, CEO Defends USMCA Renewal
Ford Motor Co. is investing C$700 million ($499 million) in its Windsor, Ontario engine plant following a new union contract, while CEO...
World Business
Mexico’s New US Ambassador: USMCA Deal Expected This Year
Mexico's new US Ambassador, Roberto Lazzeri, expects the USMCA review to conclude this year, citing the urgent need for investor certainty and...
World Business
China Exports Jump 27% Fueled by AI Demand
China's exports saw a significant 27% year-on-year increase in June, driven by robust demand from the burgeoning artificial intelligence sector.
World Business
Starlight Capital Proposes Merger for Global Balanced Fund
Starlight Capital announced a proposed merger for its Starlight Global Balanced Fund, aiming to streamline its fund lineup and create efficiencies by...
World Business
India-UK Trade Deal: Wimbledon Towels to Scotch See Tariff Shifts
A new free trade agreement between India and the UK has taken effect, promising significant tariff reductions for key sectors like textiles...