CNBC/NRF Retail Monitor shows sales grew in April despite high gas prices and sustained inflation
Retail sales rose for the seventh consecutive month in April even as gas prices rose and inflation remained stubborn, according to the CNBC/NRF Retail Monitor,…
UAE to invest US $49B to accelerate local industry growth, reduce imports
As Gulf trade routes face mounting disruption from regional conflict and Strait of Hormuz instability, the UAE is accelerating a $49B industrial strategy to strengthen…
BIFA comments on King’s speech; welcomes news of strengthened ties with EU
The British International Freight Association (BIFA) welcomes the news that EU alignment as part of the ongoing reset of relations with Brussels featured prominently in…
Trump says no need for China’s help on Iran as shippers seek way through Hormuz
U.S. President Donald Trump has said he does not expect to need China's help to end the war in Iran and ease Tehran's grip on…
Hormuz standoff drives oil higher as Iran-US peace hopes ebb
Hopes for a peace deal with Iran dwindled on Tuesday after Donald Trump said a ceasefire was "on life support" as Tehran rejected
US indicts two companies, and an individual in 2024 collapse of Baltimore Key Bridge
The U.S. Justice Department said Tuesday a grand jury indicted two companies and an individual in the March 2024 collision of the 984-foot cargo ship…
US consumer prices increase further in April
U.S. consumer prices increased at a brisk pace for a second straight month in April as the war with Iran pushed up energy costs and…
Stocks wilt as oil forges higher; Iran ceasefire ‘on life support’
Oil gained for a third day on Tuesday and the dollar rose as hopes faded for a deal to get ships moving through the Strait…
Over 500 leaders attend 56th Annual World Trade Centers Association Global Business Forum
World Trade Centers Association® and World Trade Center Greater Philadelphia successfully concluded the 56th annual WTCA Global Business Forum, held April 19-22, 2026, in Philadelphia,…
Oil prices rise after Trump rejects Iran’s response to US peace proposal
Oil prices rose on Monday, a day after President Donald Trump said Iran's response to a U.S. peace proposal was "unacceptable", raising supply fears as…
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