US Commerce chief says nothing will stop metals tariffs, will add copper protections
U.S. Commerce Secretary Howard Lutnick said nothing would stop President Donald Trump's expanded 25% tariffs on steel and aluminum until U.S. domestic production is strengthened,…
EU lawmaker group to challenge combustion engine ban this year
The European Parliament's biggest lawmaker group said on Wednesday it will attempt to overturn the European Union's main climate policy for cars - a 2035…
GE Aerospace to invest about $1 billion in US manufacturing this year
GE Aerospace said on Wednesday it would invest nearly $1 billion in its U.S. factories and supply chain in 2025, as it works to strengthen…
Kazakhstan was the main laggard in OPEC+ oil pact in February, OPEC data shows
Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data showed on…
Ukraine bets on US LNG as gas import needs rise
Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv…
Puma faces weak U.S. demand, plans job cuts as shares plunge
Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of…
Zara owner Inditex “optimistic” about U.S. despite tariffs
Zara owner Inditex expects to keep growing in the U.S., CEO Oscar Garcia Maceiras said on Wednesday, despite signs that U.S. tariffs and retaliation from…
Europe’s biggest battery hope Northvolt files for bankruptcy
Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's largest corporate failures and effectively…
Bolivia turns to crypto for energy imports amid dollar, fuel shortages
Bolivia's state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South…
Dental floss and diamonds in EU sights to counter U.S. tariffs
From dental floss to diamonds, bathrobes to bourbon, the U.S. products chosen by the European Union for counter-tariffs next month are designed to make workers…
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