Business

US imposes sweeping sanctions on Russian oil giants Rosneft and Lukoil, Trump cancels Putin summit

The United States has unveiled its most substantial economic measures against Russia since President Donald Trump returned to office in January, targeting the country's two largest oil companies, Rosneft and Lukoil.

US, Australia sign $8.5 billion critical minerals deal to counter China’s dominance

US and Australia formalized a landmark critical minerals agreement, establishing an estimated $8.5 billion pipeline of projects designed to bolster Western supply chains

Gold prices top $4,000 an ounce for the first time ever amid global uncertainty

In a historic marker for the global financial landscape, the price of gold surged past the $4,000 per ounce level for the first time.

Trump Tariffs take effect: Full list of countries facing new US import duties

A sweeping set of U.S. import tariffs has officially taken effect, targeting dozens of countries with new trade duties ranging from 50% to 10%. The move, led by President Donald Trump, marks a renewed escalation in America’s global trade...

UK, India sign Free Trade Agreement as Starmer and Modi hail ‘historic day’

UK and India signed a landmark free trade agreement on July 24 during Indian Prime Minister Narendra Modi’s visit to Britain.

Trump reaches trade deals with Japan, Philippines and Indonesia ahead of tariff deadline

The United States has struck new trade deals with Japan, Indonesia, and the Philippines, just days before the Trump administration’s self-imposed August 1 tariff deadline.

Astronomer CEO resigns after viral Coldplay concert scandal

Andy Byron, the CEO of Astronomer, has resigned from his position following the drama surrounding the viral Coldplay concert kiss cam.

Trump extends tariff deadline to August 1, threatens duties up to 40% on certain countries

Trump announced an extension of the deadline for imposing new reciprocal tariffs to August 1, while warning that duties of up to 40% will be levied on selected countries if trade agreements are not reached by then.

Trump threatens Tariffs on nations aligned with BRICS as bloc pushes back on trade pressure

U.S. President Donald Trump has issued a stark warning to countries aligning with the BRICS group of emerging economies, vowing to impose an additional 10% tariff on any nation supporting what he described as “anti-American” policies. The threat, delivered...

China and US reach Trade Framework in London talks, including Rare Earths supply and Student Visas

China and the United States have reached a trade framework agreement following two days of intensive negotiations in London

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US pulls last aircraft carrier from Western Pacific as Iran War stretches navy

US is preparing to pull its last aircraft carrier from the western Pacific, temporarily leaving the region without one of the most visible symbols of American military power as the Trump administration continues its war against Iran