Activist Ancora drops U.S. Steel campaign after Trump orders review of Nippon Steel bid
Activist investor Ancora said on Wednesday it is withdrawing its nominations for director candidates on the board of U.S. Steel after President Donald Trump ordered…
Trump tariffs kick in, China and Europe hit back
U.S. President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, as the European Union…
Largest US egg producer cooperating in Justice Department price probe
The largest U.S. egg producer, Cal-Maine Foods, is cooperating with a U.S. Department of Justice investigation into high egg prices and whether producers have conspired…
China adds US companies to lists for export control, unreliable entities
China's commerce ministry on Wednesday added 12 U.S. companies to its export control list and six to its unreliable entities list, effective Thursday, according to…
Poland’s Nitro-Chem signs $310 million deal to supply TNT for US military
Polish explosives maker Nitro-Chem signed a deal on Wednesday to supply explosives worth 1.2 billion zlotys ($310 million) to a U.S. firm, intended for the…
China expresses ‘grave concern’ at WTO about ‘reckless’ Trump tariffs
China told the World Trade Organization on Wednesday that the United States' decision to impose what it has called reciprocal tariffs on Beijing threatens to…
India weighs export support measures amid U.S. tariff hike, say government sources
India is considering measures such as extending interest subsidies on bank loans and offering incentives to help exporters to diversify amid rising global uncertainty after…
China trade escalation unfortunate, loss for them, US Treasury secretary says
China's move to impose 84% retaliatory tariffs against the United States is unfortunate and a losing proposition for Beijing, U.S. Treasury Secretary Scott Bessent said…
Delta pulls financial forecast as Trump tariffs stall travel demand
Delta Air Lines pulled its financial forecast for 2025 and projected current-quarter profit below expectations on Wednesday, saying travel demand has "largely stalled" as sweeping…
Volkswagen’s Audi holding cars in U.S. ports due to autos tariff
Volkswagen's Audi is holding its cars which arrived after April 2, when Donald Trump announced a 25% tariff on autos imports, in U.S. ports, it…
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