Trump threatens secondary tariffs on Russian oil if unable to make deal on Ukraine
President Donald Trump said on Sunday he will impose secondary tariffs of 25% to 50% on all Russian oil if he feels Moscow is blocking…
China’s CNOOC discovers 100 million-ton oilfield in South China Sea, Xinhua says
The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news…
Trump says Zelenskiy wants to back out of critical minerals deal
U.S. President Donald Trump said on Sunday Ukrainian President Volodymyr Zelenskiy wants to back out of a critical minerals deal, warning the Ukrainian leader would…
Hundreds of thousands of eastern Canadians face power outages due to ice storm
Over 300,000 Canadians faced power outages in parts of Ontario on Sunday as an ice storm pummeled the region over the weekend, according to electricity…
India court rejects JSW Steel, Trafigura request to clear certain met coke imports
An Indian court has declined requests from JSW Steel and Trafigura to allow certain shipments of a steelmaking raw material, a court order showed, the…
Why Trump’s auto tariffs will hurt his working-class supporters
Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold…
EU ready to respond to U.S. on trade tariffs, says Germany’s Scholz
Europe wants to cooperate with the United States but the EU is ready to respond as one if Washington leaves it no choice by imposing…
BOC Aviation to buy 120 Boeing and Airbus aircraft
Singapore-based BOC Aviation said on Monday it has entered into an agreement with Boeing to purchase 50 Boeing 737-8 aircraft for an undisclosed sum.
CK Hutchison to not sell strategic ports at Panama Canal next week, SCMP reports
Hong Kong conglomerate CK Hutchison, led by tycoon Li Ka-shing, will not sign a deal next week to sell its two strategic ports at the…
US gas players refocus on Haynesville basin, buoyed by Trump LNG plans
U.S. natural gas producers and investment firms are gearing up for more activity in Louisiana's Haynesville shale basin, positioning themselves for a boom in liquefied…
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