President Donald Trump on Tuesday announced that tariffs on all imports of steel and aluminum products from Canada would be doubled to 50%.This comes in response to Ontario’s decision to impose a 25% tax on imported US electricity, which has increased trade tensions between the two neighbouring countries.Both parties continue…
The ongoing trade tension between the United States and Canada saw signs of easing on Tuesday after President Donald Trump suggested he may reconsider plans to double tariffs on Canadian steel and aluminum following Ontario’s decision to suspend a planned electricity surcharge on exports to the US.Trump’s remarks came shortly…
US President Donald Trump is set to meet with some of the country’s most powerful business leaders on Tuesday as concerns over tariffs, economic uncertainty, and a recent stock market selloff continue to mount. The meeting, scheduled to take place in Washington, will be attended by around 100 chief executives…
After a tumultuous period marked by a sharp stock market decline fueled by anxieties over his aggressive trade policies, President Donald Trump is under increasing pressure to demonstrate a coherent and credible plan for sustained economic growth. With businesses and investors rattled by the prospect of escalating tariffs, the president…
The shares of Brazil’s Casas Bahia group (BHIA3) have increased by 77% in March, with a significant 29.91% spike coming in just one trading session on Monday, March 10. This substantial price movement comes ahead of the much-anticipated announcement of the company’s fourth quarter 2024 (4Q24) earnings on Wednesday, March…
Elon Musk’s Starlink is setting its sights on India, the world’s most populous market, by forging a strategic partnership with Bharti Airtel, a leading Indian telecom operator. The two companies have signed a deal to explore the feasibility of bringing Starlink’s satellite internet services to Indian customers, although the venture…
Volkswagen is implementing a series of strategic measures aimed at navigating a complex and challenging business environment. In addition to planning layoffs at its Cariad software unit, the German automaker is bracing for a year of flat profitability, grappling with muted demand in Europe, escalating trade tensions, and intense competition…
Grupo Bancolombia’s cryptocurrency platform Wenia now offers the EURC, a euro-pegged digital stablecoin.According to Cointelegraph, integrating EURC, a 1:1 restricted and controllable euro digital currency, into Wenia is expected to enhance the user’s experience by providing a seamless way to transact using a trusted digital currency.Growing crypto offering to better…
President Donald Trump on Tuesday announced that tariffs on all imports of steel and aluminum products from Canada would be doubled to 50%.This comes in response to Ontario’s decision to impose a 25% tax on imported US electricity, which has increased trade tensions between the two neighbouring countries.Both parties continue…
The fate of TikTok, the wildly popular video-sharing app, hangs in the balance. With a looming deadline of April 5th, the app could soon find itself under new ownership, facing a renewed ban, or simply granted another temporary reprieve to continue operating in the United States. The uncertainty stems from…