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Alleima relaunches high-strength and corrosion-resistant steel for sustainable energy sectors
Alleima®HighN50 bar is an advanced austenitic stainless steel (XM-19/UNS S20910) known for its exceptional strength, corrosion resistance, and non-magnetic properties. Although the material has been…
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Top IKEA franchisee warns in Davos that tariffs could drive prices higher
For budget furniture retailer IKEA, the fewer trade tariffs there are the better, the CEO of Ingka Group, the biggest global IKEA franchisee, told Reuters…
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Hearing on Nippon Steel’s lawsuit over U.S. Steel bid set for Feb-March, Kyodo says
The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is scheduled for February and March, Kyodo…
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EU and Mexico revive stalled trade deal as Trump looms
The European Union and Mexico reignited a stalled upgrade to their free trade deal on Friday, just days before the return to office of U.S.…
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Mexico economy growth outlook sluggish, bracing for U.S. tariff hit - Reuters poll
Mexico's economy will stay sluggish this year, a Reuters poll of economists found, as the country braces for a possible radical shift in U.S. tariff…
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Trump’s tariff plan could be gambit to win leverage, strategists say
As investors the world over brace for a global trade war with U.S. President-elect Donald Trump returning to the White House next week, several economists…
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US manufacturing output accelerates in December
U.S. manufacturing output surged in December likely as production at Boeing picked up following the end of a crippling strike by factory workers at the…
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IMF lifts US outlook, warns countries against protectionism, subsidies
The International Monetary Fund on Friday raised its forecast for global growth in 2025 by one-tenth of a percentage point, with stronger-than-expected growth in the…
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Canada ready to respond to potential US tariffs on Monday, foreign minister says
Canada is ready to respond to tariffs from its top trade partner the United States on Monday if President-elect Donald Trump follows through on his…
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Vistra’s battery storage facility goes up in flames, spurs evacuation orders
One of the world's largest battery storage facilities is being consumed by flames near San Francisco on Friday, and officials say the best solution is…