After a sharp sell-off, China’s yuan and stock markets attempted a modest recovery Friday, yet investors were grappling with some of their worst losses in years as a bitter Sino-U.S. trade row threatened to ruffle the world’s second-biggest economy. The …
Minnesota regulators on Thursday approved Enbridge Energy’s proposal to replace its aging Line 3 oil pipeline across the northern part of the state. All five members of the Public Utilities Commission backed the project, though some cited heavy trepidation, and …
A U.S. delegation traveled to Kenya on Thursday to attend the inaugural economic summit of the American Chamber of Commerce, Kenya. About 500 delegates, including Kenyan President Uhuru Kenyatta and Gilbert Kaplan, U.S. undersecretary of commerce for international trade, other high-ranking …
Importers of Iranian oil are facing pressure from the United States to find another energy source or be hit with sanctions. The Trump administration is threatening other countries, including close allies such as South Korea, with the sanctions if they …
President Donald Trump was highlighting his economic policies Thursday by taking part in the ceremonial ground-breaking for a $10 billion Foxconn factory complex that may bring thousands of jobs to a state he barely carried in the 2016 presidential election. …
China defended its trade practices Thursday as being beneficial to the world as it tries to ease pressure from the United States and Europe to abandon what they consider to be Beijing’s protectionist policies. China’s rapid economic growth “has brought …
Jared Kushner’s family company is suing a New Jersey city, alleging it forced the delay of a major twin-tower project due to “political animus” toward President Donald Trump. The federal lawsuit filed Wednesday by the Kushner Cos. claims Jersey City …
Enslaved on a Thai fishing vessel for 11 years, Tun Lin saw his fellow workers lose their minds one after another, with one fisherman jumping into the sea to end his life. Some would start murmuring or laughing to themselves …
U.S. stocks rose on Tuesday as gains in technology, consumer discretionary stocks and General Electric helped Wall Street recover from a sharp sell-off a day earlier on spiraling global trade tensions. GE rose 8.2 percent, on track for its biggest …
U.S. President Donald Trump said on Tuesday the government was completing a study about increasing import tariffs on cars from the European Union and suggested he would take action soon. “We are finishing our study of Tariffs on cars from …
After beer, the summer barbecue may now be under threat in northern Europe. A shortage of carbon dioxide that has already drawn warnings from beer makers about potential production problems is also hitting food processing companies. Scotland’s biggest pork producer …
President Donald Trump on Tuesday accused motorcycle maker Harley-Davidson of quitting on the United States by moving more of its manufacturing overseas to avoid hefty new European Union tariffs on its bikes made in the U.S. In a string of …
As Washington and Beijing teeter on the brink of a possible trade war, the European Union and China have agreed to launch a working group to promote reform at the World Trade Organization. The move is part of an effort …
U.S. and European markets fell Monday as speculation over trade wars deepened worries across the globe. U.S. stocks fell more than 1 percent at the end of the day, while European markets were down even more. Losses were widespread but …
U.S. Treasury Secretary Steven Mnuchin said on Monday that forthcoming investment restrictions from the department will not be specific to China but would apply “to all countries that are trying to steal our technology.” In a Twitter message, Mnuchin said …
Iranian merchants in the capital’s Grand Bazaar held a rare protest Monday against the plummeting value of Iran’s currency, the rial, as other demonstrators also took to the streets. Most shop owners closed their stores Monday in Tehran’s main bazaar …
India is fast-tracking environmental clearances for projects like power plants and coal mines in a bid to propel growth, setting off alarm bells among environmentalists and affected residents who say the decisions are being made too quickly. In a country …
Vietnam has been hit with a bona fide beer bonanza. Locals are crowding into new cavernous beer halls to imbibe the night away, expats are debuting one craft microbrewery after another. Foreign brands from Heineken to Sapporo are relying …
President Donald Trump has issued a warning to U.S. trading partners that unless they remove restrictions placed on American goods, they will face “more than Reciprocity by the U.S.A.” “The United States is insisting that all countries that have placed …
A British minister accused Airbus and other major companies of issuing “completely inappropriate” threats and undermining Prime Minister Theresa May in a sign of growing tensions with businesses leaders over Brexit. Aircraft manufacturer Airbus last week issued its strongest warning …
U.S. Energy Secretary Rick Perry will meet Russia’s energy minister next week in Washington, a person familiar with the situation said Friday, as the two countries compete to supply global markets with natural gas and crude. Perry will meet Russia’s …
U.S. President Donald Trump is threatening to impose a 20 percent tariff on vehicles assembled in the European Union and shipped to the United States, in retaliation for European tariffs on American imports. On Friday, the day new EU tariffs …
Retaliating against the Trump administration’s tariffs on steel and aluminum imports, India has raised duties on 29 U.S. goods worth about $240 million. New Delhi made the announcement Thursday after Washington ignored its request to be exempted from the tariffs …
In comments at odds with his home state’s whiskey distillers, Kentucky’s Republican governor is downplaying fears that the European Union’s retaliatory tariffs could disrupt the booming market for the Bluegrass state’s iconic bourbon industry. “There’s always the potential for some …