China’s largest airlines deepen losses in first quarter as competition, US tariffs to weigh
China's three biggest airlines reported deeper first-quarter losses on Tuesday from the same period a year ago, amid intensifying competition and economic pressures on consumers,…
Some Amazon sellers are pulling out of Prime Day amid Trump tariffs
Amazon's Prime Day is losing its luster among a critical group: sellers.
Riyadh Air willing to buy Boeing planes from cancelled Chinese orders, CEO says
Riyadh Air CEO Tony Douglas said on Monday the Saudi startup carrier would be ready to buy Boeing aircraft destined for Chinese airlines if they…
One of first US trade deals may be with India, Treasury’s Bessent says
Treasury Secretary Scott Bessent on Monday said many top U.S. trading partners had made 'very good' proposals to avert U.S. tariffs, and one of the…
Bessent does not back up Trump on China tariff discussions
Treasury Secretary Scott Bessent on Sunday did not back President Donald Trump's assertion that tariff talks with China were under way and said he did…
IBM to invest $150 billion in US over next five years to aid quantum push
IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next five years, the latest American technology company…
Auto Care Association launches member-exclusive auto parts tariff calculator
The Auto Care Association, April 28, 2025, launched a new tariff calculator tool exclusively for its members.
Taiwan’s Inventec to invest up to $85 million in US to lessen tariff impact
Taiwanese contract electronics manufacturer Inventec has agreed to invest up to $85 million to build manufacturing facilities in Texas to help mitigate the impact of…
Brazil’s finance minister sees growing support for Mercosur-EU deal
Brazilian Finance Minister Fernando Haddad said on Monday that he sees greater momentum for ratification of the long-delayed trade agreement between the South American bloc…
S&P Global Report: Liner shipping supports $1.1 trillion in U.S. GDP and 6.4 million American jobs
New analysis from S&P Global, released April 28, 2025, by the World Shipping Council, highlights the critical role of the liner shipping industry in the…
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