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Canada removing tariffs on US goods compliant with free trade deal

Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, Prime Minister Mark Carney said Friday, matching exemptions affirmed earlier this month by Washington.

Ukrainian refuses German extradition in Nord Stream sabotage case

A Ukrainian man arrested in Italy this week over the 2022 sabotage of the Nord Stream underwater gas pipelines from Russia to Europe on Friday refused to be extradited to Germany, reports said.

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Trump burnishes Tesla at White House in show of support for Musk

President Donald Trump responded Tuesday to plummeting Tesla share prices by briefly turning the White House into a showroom, announcing he was buying one of the electric cars manufactured by close advisor Elon Musk, and threatening anti-Tesla protesters with "hell."

Italian defence firm Leonardo to focus on int'l alliances for growth

Italian defence group Leonardo will use international alliances to help accelerate growth and face competition amid rising geopolitical tensions, its chief executive said Tuesday.

Stock markets extend losses over US tariffs, recession fears

Global stock markets extended losses on Tuesday after President Donald Trump doubled planned tariffs on Canadian steel, aggravating concerns his trade policies could push the United States toward recession.

Trump doubles down on Canada trade war with major tariff hike

US President Donald Trump announced sharply higher tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" its auto industry and saying the best way to end the trade war was for Washington's ally to be absorbed into the United States.

UK makes manslaughter arrest over North Sea ship crash

British police arrested a 59-year-old man Tuesday on suspicion of manslaughter in connection with a ship crash in the North Sea that sparked a massive blaze, leaving one crew member missing and presumed dead.

Ghana scraps IMF-linked 'nuisance' taxes

Ghana's new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure IMF financing, citing the economic hardship placed on ordinary citizens.

Trump doubles down on Canada trade war with massive new tariffs

US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" its auto industry and saying the best way to end the trade war was for Washington's ally to be absorbed into the United States.

French right-wing media's Russia tilt irks Elysee

French Sunday newspaper readers woke up this past weekend to starkly different visions of their country's relationship with Russia.

Stock markets waver after sell-off over US recession fears

Global stock markets wavered on Tuesday following a Wall Street sell-off over fears that President Donald Trump's trade policies could push the United States towards recession.

Volkswagen to navigate another tricky year after 2024 profit plunge

Volkswagen said Tuesday its profits nosedived in 2024 amid high costs and fierce Chinese competition as the German carmaker geared up for another tricky year navigating an industry transition and global trade tensions.

Ships blaze after North Sea crash, govt rules out foul play

Two ships were still on fire in the North Sea on Tuesday after a cargo vessel slammed into a tanker carrying flammable jet fuel, with the UK government ruling out foul play.

Stock markets mixed as Trump-fuelled economy fears weigh

European and Asian stock markets diverged Tuesday after a sharp sell-off on Wall Street fuelled by fears about the US economy as President Donald Trump presses ahead with steep tariffs.

Ships blaze, spill feared after North Sea crash

Fires were raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet fuel in the North Sea, as questions mounted about how the accident happened.

Volkswagen profits hit as high costs, China woes weigh

German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top carmaker increasingly struggle with high production costs and fierce Chinese competition.

Struggling Japanese automaker Nissan replaces CEO

Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.

Ships still on fire after North Sea crash

Fires were still raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet fuel in the North Sea, as questions mounted about how the accident happened.

Lego posts record profit, CEO shrugs off US tariff threat

Lego's CEO told AFP that US President Donald Trump's tariff threats do not keep him "awake at night" as the world's largest toymaker posted on Tuesday record earnings for 2024.

Most markets in retreat as Trump-fuelled economy fears build

Asian markets mostly fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.

Asian markets track Wall St lower as Trump-fuelled economy fears build

Asian markets fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.

South Korea's Kia denies responsibility for anti-Musk ad

South Korean automaker Kia told AFP Tuesday it had not approved an advertising campaign that featured one of its electric vehicles with a bumper sticker denigrating rival Tesla owner Elon Musk.

Kung fu girl group puts fresh spin on ancient Chinese art

In front of a secluded temple in southwestern China, Duan Ruru skilfully executes a series of chops and strikes, practising kung fu techniques she has spent a decade mastering.

Asian markets track Wall St selloff as Trump-fuelled economy fears build

Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.

Indian artisans keep traditional toymaking alive

The whirr of machines and smell of carved wood hangs in the air of the Indian toy workshop, a centuries-old art form still in the game despite cheaper plastic alternatives.

Formerra Introduces Formerra+ Upgraded Ecommerce Site to Optimize Customer Experience

Formerra+™ delivers a faster, smarter, and more seamless way to do business with enhanced product search, intuitive navigation, and powerful management tools.

Search ends for missing crew member after North Sea collision

The UK coastguard ended the search for a missing crew member after a cargo ship ran into a US-military charted tanker carrying jet fuel in the North Sea on Monday.

One missing after cargo ship, tanker collide in North Sea

One person was missing Monday after a cargo ship ran into a US-military charted tanker carrying jet fuel in the North Sea, sparking concerns of "multiple toxic hazards" off the English coast.

Stock markets slump on US recession fears

Stock markets dropped on Monday with tech shares leading the plunge as investors fretted over the risk that US President Donald Trump's trade policies could nudge the United States into recession.

'Elbows up!' - the hockey tactic inspiring Canada's anti-Trump fight

A legendary Canadian ice hockey player renowned for his aggressive play has inspired the country's emerging rallying cry of "Elbows up!" in its battle against US President Donald Trump.

Stock markets slump on US economic fears

Stock markets dropped on Monday as investors fretted over the impact of President Donald Trump's trade policies on the economic growth of the United States.

UN chief says 'poison of patriarchy' is back with a vengeance

United Nations leader Antonio Guterres on Monday condemned rollbacks in women's rights that he said had been condoned by some world leaders.

UBS fined 75,000 euros in France for harassing two whistleblowers

A French court fined Swiss bank UBS 75,000 euros on Monday for the psychological harassment of two whistleblowers who had denounced a system that helped moneyed French clients dodge taxes.

Stock markets slump on US, China economic fears

Stock markets slipped on Monday as investors fretted over the impact of President Donald Trump's trade policy on the economic growth of the United States and China, the world's biggest economies.

The China Mail - Economy (English)