Italy says it would be ‘premature’ to sign EU-Mercosur trade deal
Italian Prime Minister Giorgia Meloni said on Wednesday it would be "premature" for the European Union to sign a trade deal with the Mercosur bloc…
WTO chair rules out reform deal at next major meeting, document shows
Countries are making progress on reforming the World Trade Organization (WTO) but will fall short of clinching a deal at a major meeting early next…
The US, Canada, and Europe face diverging paths in softwood lumber
A new outlook report, Softwood Lumber - Tariffs, Turbulence and New Trade Flows to 2030, provides a data-driven assessment of how the United States, Canada,…
Ford’s EV retreat highlights industry dilemma: Build for the US or the world?
Ford CEO Jim Farley walked through Ford’s Michigan design studio Monday afternoon, reflecting on how he was about to wipe out thousands of work hours…
US business inventories increase slightly more than expected in September
U.S. business inventories increased slightly more than expected in September, suggesting inventories probably added to economic growth in the third quarter.
US pauses implementation of $40 billion technology deal with Britain
The United States is stalling the implementation of a $40 billion technology agreement with Britain, officials said, following concerns in Washington over London's approach to…
China’s trade surplus with Europe is larger than US for the first time
For the first time, China had a larger trade surplus with Europe than with the US over the period of the last 12 months, posing…
S&P 500, Nasdaq opens lower as Broadcom adds to AI bubble angst
The S&P 500 and the Nasdaq opened lower on Friday as Broadcom's latest results added to concerns about an AI-fueled bubble, dampening optimism stoked by…
Swiss to reduce F-35 fighter jet order from US as costs rise
Switzerland said on Friday it would reduce the number of Lockheed Martin F-35A Lightning II fighter jets it is buying from the United States so…
Oil inches lower on oversupply concerns, on track for weekly loss
Oil prices inched lower on Friday and were on track for a weekly decline as investors focussed on a supply glut and potential Russia-Ukraine peace…
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