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Steel coils sitting in the yard at ArcelorMittal Dofasco's steel mill in Hamilton, Canada, which now face 50 percent tariffs to enter the United States

US Tariffs Corrode Steelmaker ArcelorMittal's Profitability

The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items but US tariffs began to eat into its margin.

Firms In Vietnam Walk Tightrope As Trump's Transshipping Rule Looms

Attractive costs and a favourable geographical location has helped, Vietnam benefiting from the 'China plus one' drive

As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies in the Southeast Asian country are cautiously waiting to see what falls into that category.

Russia Strikes Kill Six In Kyiv, Moscow Says Captured Key Town

Ukrainian authorities said the latest Russian strikes on Kyiv killed at least six people

Russian strikes on Kyiv killed at least six people, officials said Thursday, as Moscow claimed the capture of a town that had been a key stronghold for the Ukrainian army in the east of the country.

BIWC Group: Unveiling the Shadows of corporate deception

In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.

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Laos is set to graduate from 'Least Developed Country' status next year, meaning will lose duty-free access to the European Union, dealing another blow

Laos Braced For Blow Of Trump Tariff Threat

Hawking clothes outside the garment factory where her daughter toils inside, a Laos vendor weighs US President Donald Trump's threat of trade tariffs that may soon snarl both their livelihoods.

Donald Trump announced a trade deal that will see 15 percent tariffs on South Korean goods into the United States

Most Markets Down As Fed Holds And Trump Announces Fresh Tariffs

Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong tech earnings and Donald Trump's tariffs on key economies South Korea and India.

US President Donald Trump offered his congratulations to South Korean President Lee Jae Myung on his 'electoral success' in his announcement of South Korea's blanket 15 percent tariffs

Trump Says US To Impose 15% Tariff On South Korean Goods

President Donald Trump said Wednesday that the United States will impose a 15 percent tariff on imports from South Korea, as he touted a "full and complete trade deal" between both countries.

Social media giant Meta posted a net profit of $18.3 billion in the second quarter, exceeding Wall Street expectations

Meta Beats Expectations Sending Share Price Soaring

Meta reported robust second-quarter financial results Wednesday, with revenue jumping 22 percent year-over-year to $47.5 billion as the social media giant continues investing heavily in artificial intelligence.

Microsoft chief executive Satya Nadella says that companies of all kinds are adopting artificial intelligence tools and the US tech giant is working to meet their needs

Microsoft Quarterly Profits Soar On AI And Cloud Growth

Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units.

Citing "persistent engine supply issues" for its popular A320 jets, Airbus said 306 planes had been delivered overall in the first half, down from 323 in the first half of 2024

Airbus First-half Profit Climbs 85% To $1.7 Bn

European aerospace group Airbus posted an 85-percent rise in first-half profit Wednesday to $1.7 billion, even though it delivered fewer commercial planes compared with the same period last year.

Tech platforms increasingly view the community-driven moderation model as an alternative to professional fact-checking, which many conservative advocates have long accused of a liberal bias.

TikTok Launches Crowd-sourced Debunking Tool In US

TikTok on Wednesday rolled out a crowd-sourced debunking system in the United States, becoming the latest tech platform to adopt a community-driven approach to combating online misinformation.

Brazilian Supreme Court Justice Alexandre de Moreas, seen here at the trial of the country's former president Jair Bolsonaro, has been slapped with sanctions by the United States

Trump Punishes Brazil With Tariffs, Sanctions Over Trial Of Ally Bolsonaro

President Donald Trump ordered massive tariffs on Brazil Wednesday and sanctions against the judge overseeing a trial of his far-right ally Jair Bolsonaro, who is accused of attempting a coup in Latin America's biggest economy.

Ukraine's Foreign minister Andriy Sybiga tells AFP that an anti-graft law that set off angry protests is being 'fixed' before a vote Thursday

Ukraine Will Fix Anti-graft Law, Minister Tells AFP Ahead Of Crucial Vote

Ukraine will fix a controversial anti-graft law that sparked protests last week, its foreign minister told AFP ahead of a crucial parliamentary vote Thusday, but critics said some MPs might be reluctant to back the changes.

Truck and car maker Tata Motors will buy Iveco of Italy

Tata Motors To Buy Italy's Iveco For $4.4 Bn

Tata Motors of India will buy Italy's Iveco Group for 3.8 billion euros ($4.4 billion) in a bid to create a "global champion" in the commercial vehicles sector, the two companies said Wednesday.

Canadian Prime Minister Mark Carney and US President Donald Trump at a G7 meeting in June

Canada Central Bank Holds Rate Steady Citing US Tariff 'Threats'

Canada's central bank held its key lending rate at 2.75 percent on Wednesday, as the major US trading partner confronts economic uncertainty two days before President Donald Trump's latest tariff deadline.

The group sold more than 75 million albums and were inducted into the Rock & Roll Hall of Fame in 2006

Thousands Honour Ozzy Osbourne At UK Hometown Funeral Procession

Thousands lined the streets of UK city Birmingham on Wednesday to pay an emotional farewell to hometown hero Ozzy Osbourne as the heavy metal hellraiser was laid to rest.

Authorities said residents in the northern Kuril islands were evacuated to safety

Russia Relieved As Tsunami Spares Far East From Major Damage

Russia lifted a tsunami alert on Wednesday after a massive quake and tsunami largely spared the country's sparsely populated far east from casualties and major damage.

Igor Kolomoisky is one of Ukraine's richest people and a former supporter of President Volodymyr Zelensky

London Court Rules Oligarch Liable Over $1.9 Bn Ukraine Loan Scheme

The Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion that they "unlawfully" appropriated from a Ukrainian bank they owned, London's High Court ruled Wednesday.

The bank recorded a $2.1 billion impairment linked to its stake in China's Bank of Communications

HSBC Banks Lower Profits On Higher Costs

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well positioned" to deal with the effects of US tariffs.

The EU struck a tariff deal with the United States, which experts say will affect the eurozone's GDP figures

Eurozone Economy Expands But Tariff Impact Looms

The eurozone economy unexpectedly expanded in the second quarter of 2025, official data showed Wednesday, despite international trade tensions clouding the global outlook.

US tariffs had an impact of hundreds of millions of euros on Mercedes-Benz

Mercedes-Benz Welcomes EU-US Deal After Profits Plunge On Tariff Woes

A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, Mercedes-Benz said Wednesday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second quarter.

Chile's National Copper Corporation (CODELCO) is the world's biggest producer of the red metal

Could Copper Tariff Hurt US More Than Chile?

Chile, the world's biggest copper producer, is hoping for a last-minute deal to stop the United States from imposing a 50-percent import tariff on the red metal.