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Nippon Steel shares soar as Trump reviews US Steel takeover
Nippon Steel shares soared Tuesday after US President Donald Trump launched a review of the company's proposed takeover of US Steel that was blocked by his predecessor Joe Biden. US Steel shares closed up 16 percent Monday, and Nippon Steel gained as much as 11 percent in Tokyo on Tuesday.
US giant to buy stake in cash-short Australian casino group
Troubled Australian casino operator Star Entertainment says it has been thrown an 11th hour multi-million dollar lifeline by US-based casino giant Bally's Corporation. Star Entertainment last traded at Aus$0.11 a share with a market capitalisation of Aus$316 million -- a far cry from its Aus$5 billion-plus value of seven years ago.
Palestinians in West Bank strike to demand end to Gaza war
Shuttered storefronts lined empty streets in Israeli-annexed east Jerusalem and the occupied West Bank on Monday during a general strike by Palestinians demanding an end to the Gaza war. In Israeli-annexed east Jerusalem, the usually bustling commercial Salaheddin Street was empty.
airBaltic CEO 'dismissed' from Latvian airline
Latvian Transport Minister Atis Svinka said on Monday that Riga-based carrier airBaltic had parted ways with its German-born longtime CEO Martin Gauss. It is important for me to see results," Svinka said on social network X. The Latvian state has a majority stake in the carrier, which last month said it had posted a net loss of 118 million euros ($129 million) last year.
'Bloodbath': Spooked Republicans warn Trump over US tariffs
With markets nosediving over Donald Trump's trade war, the protectionist US president is hearing the first rumblings of discontent among his normally steadfast backers in Congress and big business.
Trump vows huge new China tariffs as markets nosedive
US President Donald Trump on Monday threatened new tariffs of 50 percent on China, ratcheting up a trade war even as a dramatic selloff in global markets gathered pace. The US president on Monday chastised China for not heeding "my warning for abusing countries not to retaliate."
Starmer unveils support for tariff-hit auto sector
UK leader Keir Starmer vowed Monday to "shelter British business from the storm" of global economic disruption as he loosened electric vehicle targets for carmakers impacted by US President Donald Trump's tariffs. "In the coming days and weeks, we're going to use industrial policy to shelter British business from the storm," the prime minister added.
JPMorgan Chase CEO warns tariffs will slow growth
JPMorgan Chase CEO Jamie Dimon warned Monday that US President Donald Trump's tariffs will likely lift inflation, describing himself as "very cautious" in light of the rising recession risk.
EU split on targeting US tech over Trump tariffs
Should the European Union target US Big Tech and services in response to President Donald Trump's tariff onslaught? Backed by Germany and Austria, Paris has been pushing for the EU to consider targeting US services, including digital -- drawing fire from Ireland which relies heavily on US investment, particularly in the pharmaceutical and tech sectors.
AFP
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