Economy

Canada appoints new ambassador to the U.S. ahead of important trade negotiations.

Canada appoints new ambassador to the U.S. ahead of important trade negotiations.

US-Canada Trade Negotiations: A New Era Ahead The landscape of trade between the United States and Canada is gearing up for significant changes as the terms of the North American free trade agreement are set to be renegotiated in 2026. This follows a turbulent period marked by US tariff policies and economic tensions. The appointment […]

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Trump halts additional offshore wind initiatives due to national security issues.

Trump halts additional offshore wind initiatives due to national security issues.

US Administration Halts Offshore Wind Projects Amidst National Security Concerns The recent decision by the U.S. administration to suspend leases for several offshore wind projects has raised significant concerns in the renewable energy sector. This move, attributed to national security issues, has resulted in a sharp decline in stock prices for offshore wind companies. Here’s

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UPS Encounters Challenges This Holiday Season Due to Changing Trade Regulations

UPS Encounters Challenges This Holiday Season Due to Changing Trade Regulations

Impact of De Minimis Rule Termination on Shipping in the U.S. Recently, the U.S. decided to abolish the nearly decade-long trade exemption known as “de minimis,” significantly affecting both consumers and businesses. With the elimination of this rule, shoppers and companies are faced with slower shipping, lost packages, and hefty tariff fees on international goods,

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US Captures Second Oil Tanker Near Venezuela's Coast, Authorities Report

US Captures Second Oil Tanker Near Venezuela’s Coast, Authorities Report

US Seizes Oil Tanker Off Venezuela’s Coast Amid Tensions The United States has recently intercepted an oil tanker in international waters near Venezuela, marking a significant escalation in the ongoing tensions between the two nations. This incident, which occurred on Saturday, follows President Trump’s announcement of a blockade targeting sanctioned oil tankers moving to and

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What is causing the delay in finalizing the EU-Mercosur agreement?

What is causing the delay in finalizing the EU-Mercosur agreement?

The EU-Mercosur Deal: Postponed Yet Again Amidst Farmer Protests The anticipated signing of the EU-Mercosur trade agreement has been postponed, highlighting the challenges that have persisted despite decades of preparation. European farmers are voicing their concerns over the implications of this deal, which has been in the works for over 25 years and promises to

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Musk secures US court approval to reinstate 2018 Tesla compensation plan.

Musk secures US court approval to reinstate 2018 Tesla compensation plan.

Delaware Supreme Court Upholds Musk’s $56 Billion Pay Package In a pivotal decision, the Delaware Supreme Court has ruled in favor of Elon Musk regarding his astonishing $56 billion compensation package from Tesla. This ruling comes after a lower court had dismissed the pay deal as “unfathomable” two years prior. This latest judgment marks a

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Trump reveals new agreement with pharmaceutical companies to lower medication costs.

Trump reveals new agreement with pharmaceutical companies to lower medication costs.

Major Steps Taken to Reduce Prescription Drug Prices In a significant move to make medications more affordable, President Donald Trump recently unveiled new agreements designed to reduce prescription drug prices across the United States. Collaborating with leaders from prominent pharmaceutical companies such as Bristol Myers Squibb, Gilead Sciences, and Merck, the administration aims to set

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Instacart Resolves FTC Allegations of Misleading U.S. Consumers

Instacart Resolves FTC Allegations of Misleading U.S. Consumers

Instacart Settles FTC Allegations Over ‘Free Delivery’ Claims Instacart, the popular grocery delivery service, has recently agreed to pay $60 million in refunds to resolve allegations from the Federal Trade Commission (FTC). The agency accused the platform of misleading consumers regarding its membership program and claims of free delivery. This settlement follows claims that Instacart’s

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BP appoints Woodside’s Meg O’Neill as CEO as it shifts focus back to fossil fuels.

BP appoints Woodside’s Meg O’Neill as CEO as it shifts focus back to fossil fuels.

BP Appoints Meg O’Neill as New CEO in Historic Move In a groundbreaking decision, BP has named Meg O’Neill from Woodside Energy as its new CEO. This marks the company’s first external hire for the position in over a century and makes O’Neill the first woman to lead one of the top five oil majors,

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Furious Farmers Stall Brussels Roads with Tractors in Protest Against Mercosur Trade Agreement

Furious Farmers Stall Brussels Roads with Tractors in Protest Against Mercosur Trade Agreement

Protest Erupts in Brussels as Farmers Oppose Controversial Trade Pact Demonstrations by farmers highlight concerns over a trade agreement with South America, perceived as a threat to their livelihoods. Published On 18 Dec 202518 Dec 2025 Brussels saw a massive influx of farmers whose protests filled the streets with hundreds of tractors, as they rallied

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