ArcelorMittal to build new steel plant in US to meet auto sector demand
ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to…
Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea
Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year, even as profits…
China dispute seen as early test of Trump’s stance towards WTO
China's new trade dispute with the U.S. could test Washington's commitment to the World Trade Organization, which has so far escaped the scrutiny of President…
Big companies see no China recovery soon, adding to trade tensions gloom
Pernod Ricard and Carlsberg warned on Thursday they see few signs of a pick-up in consumer demand in China, the world's second-biggest economy, adding to…
Panama Canal denies US claim of preferential crossing rights
The Panama Canal Authority on Wednesday denied the U.S. State Department's claim that U.S. government vessels would be able to cross the canal without paying…
Oil, gas traders to seek tariff waivers from Beijing for US imports, sources say
Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S. crude and liquefied…
Boeing expects Indian, South Asian airlines to add over 2,800 jets in next 20 years
Boeing said on Thursday it expects Indian and South Asian airlines will add 2,835 commercial aircraft to their fleet over the next 20 years, a…
Wind power developer Orsted sees 2025 core profit equal to or above 2024
Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, or above 2024, a…
Cargill to take full control of Brazil’s SJC Bioenergia
Cargill has signed a purchase and sale agreement for a 50% stake in SJC Bioenergia, giving it full control of the Brazilian sugar and renewable…
Accelerating imports into the U.S. ahead of tariffs: Strategies and challenges
The Trump administration is proposing (and in some cases implemented) a wave of new tariffs on foreign goods imported into the U.S.
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