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When your son is considered by many to be one of the more contentious people in the world, certain media boundaries may apply. That seemed to be the modus operandi for Maye Musk, who…
PUMA is shipping far fewer Chinese-made sneakers to the US as the trade war between the countries heats up. The German sportswear brand is sourcing only about 10 per cent of its US shoe…
MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US…
Adhering to the new rules is also proving to be a major lift for US Customs and Border Protection (CBP) and the US Postal Service. The latter briefly stopped accepting packages from China…
The United States Postal Service abruptly stopped accepting all packages from Hong Kong and China on Tuesday, according to an international service disruption notice posted on the USPS…
The Chinese government announced Tuesday it is opening an investigation into Google in response to 10 percent tariffs imposed on Chinese imports by US president Donald Trump. Minutes after…
WALL Street’s main indexes were subdued at the open on Tuesday (Feb 4) as investor appetite for risk waned after China retaliated against new trade restrictions announced by US President…
China countered President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select U.S. imports Tuesday, as well as announcing an antitrust investigation into…
GUINNESS-owner Diageo estimates its operating profit could be dented by roughly US$200 million if US tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani…
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged downturn in demand and uncertainty over US President Donald Trump’s…
President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took steps to appease his concerns about…
A lot has changed since Donald Trump’s first term in the White House. E-commerce’s share of total retail sales has risen from 15% at the end of 2020 to 16.2%—a 1.2 percentage-point…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. This week, the U.S. is set to impose new tariffs as part of President…
THE Canadian province of Ontario on Monday (Feb 3) announced it was cancelling a C$100 million (S$93.4 million) contract with Elon Musk’s Starlink, the latest retaliatory move against…
Cryptocurrency markets suffered a sharp decline after President Donald Trump announced new tariffs on major U.S. trading partners on Saturday, triggering widespread economic concerns. On…
GOLD prices fell in early Asian hours on Monday (Feb 3), pressured by a stronger US dollar as fears of a global trade war mounted after US President Donald Trump imposed sweeping tariffs…
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a…
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a…
Investors are bracing for a looming hit to US corporate profits and pressure on inflation after President Donald Trump on Saturday (Feb 1) signed an executive order imposing tariffs on its…
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business even worse. Exxon…
MEXICO CITY — President Trump slapped sweeping tariffs on goods from Mexico, Canada and China on Saturday, sending shock waves through the global supply chain and sparking fears of a…
AluminIum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is expected Saturday (Feb 1), which would affect…
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday. Brent crude futures for March,…
OIL prices fell on Wednesday (Jan 29), with the US benchmark settling at its lowest year to date, after domestic crude stockpiles in the world’s top petroleum producer and consumer rose…
