Tag: United States
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Global shipping industry sounds the alarm over Trump’s Hormuz toll plan
For shipping giant Hapag-Lloyd, it is “fundamentally wrong” to charge tolls for passage through international waters, regardless of the country in charge.
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Hormuz closure, Gulf strikes: What we know about the latest Iran-US attacks
The latest round of attacks came after Iran declared the Strait of Hormuz closed on Sunday.
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Business declares war on Pentagon stock buyback, dividend restrictions moving in Senate
The provision was pushed by Sen. Elizabeth Warren, D-Mass., and was included in the National Defense Authorization Act on a bipartisan basis.
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Is Hormuz open? Trump’s toll threat intensifies rush to bypass the Strait altogether
Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.
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US immigration agents involved in another fatal shooting
BIDDEFORD: A United States immigration officer on Monday (Jul 13) fatally shot a man identified by rights groups as a 26-year-old Colombian, the second such killing by federal agents in less than a week.The shooting happened in Biddeford, a town of 22,000 people in the northern state of Maine, and is likely t
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‘Nobody underwrote for that’: Private credit faces a key test as higher rates squeeze borrowers
Private credit is facing a new pressure point from elevated rates, which could hit under-pressure borrowers.
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Trump says Reflecting Pool to be refilled after repairs
WASHINGTON: United States President Donald Trump said on Monday (Jul 13) the newly renovated Reflecting Pool in Washington was drained for repairs, after the project faced a series of setbacks, including alle
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China exports in June jump at fastest pace since 2021 as AI boom, tariff rush lift trade
China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a rush by exporters to beat anticipated tariff hikes turbocharged shipments.
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U.S. completes strikes against Iran, while Tehran targets Gulf neighbors
The U.S. has completed a third consecutive night of strikes against Iran, as Tehran targets U.S. military facilities in the region.
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Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
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