It’s easy to blame globalization for everything; from vanishing factory jobs to wage stagnation and social unrest. WIth Donald Trump back in office, the idea that global trade hollowed out the American middle class is becoming increasingly popular. That is one key reasoning behind his aggressive trade policies. Days before the 2024 election, the current US President said: “On November ...
Asia-Pacific stock markets concluded Tuesday’s trading session with a varied performance as investors digested a sharp contraction in China’s manufacturing activity and continued to grapple with the implications of escalating US trade protectionism. While some regional bourses managed gains, Indian benchmarks, including the Sensex, extended their losing streak amid domestic concerns and weak global cues. A significant piece of data ...
NEWYou can now listen to Fox News articles! President Donald Trump blasted China recently on Truth Social, saying Beijing had ‘TOTALLY VIOLATED ITS AGREEMENT WITH US.’ Trump furiously concluded, ‘So much for being Mr. NICE GUY!’ Apparently, in return for mutual deescalation of trade tensions, Beijing had committed to again allow the free flow of rare earth minerals to the ...
Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank Moelis & Co. to sell its group of 28 owned and operated broadcast TV stations, which are affiliated with ABC, NBC, CBS and Fox in 21 markets across the U.S. In a news release, Allen said the company ...
Major League Soccer players want more money for participating in the FIFA Club World Cup later this month, but say they have received pushback from the league in their efforts. Three MLS clubs — Seattle, Lionel Messi’s Inter Miami and Los Angeles FC — will represent the league in the tournament, which begins June 14 and will be hosted in ...
Harmony Gold Mining Company’s (NYSE:HMY,JSE:HAR) wholly owned Australian subsidiary, Harmony Gold (Australia), has entered into a binding agreement to acquire MAC Copper (NYSE:MTAL,ASX:MAC). MAC is the owner of the CSA copper mine in New South Wales. Its annual production comes to approximately 40,000 metric tons of copper, with 2024 output totaling 41,000 metric tons of the red metal. The transaction ...
Paolo Ardoino:- Tether, the USDT stablecoin issuer bought its 8.6% stake and ownership in Italian Football club, Juventus last year. However, in a recent X post, Tether CEO Paolo Ardoino has raised concerns and disagreements with the management team of the club. Juventus has been facing mounting criticism from fans with few alleging that there is a perceived erosison of ...
India’s leading car manufacturer, Maruti Suzuki, stated on Monday that the recent export restrictions imposed by China on rare earth magnets, a crucial component in their vehicles, have not yet caused any immediate disruption to their production. The company also mentioned that they are currently engaging in discussions with the government regarding this issue, according to a Reuters report. Citing ...
India’s leading car manufacturer, Maruti Suzuki, stated on Monday that the recent export restrictions imposed by China on rare earth magnets, a crucial component in their vehicles, have not yet caused any immediate disruption to their production. The company also mentioned that they are currently engaging in discussions with the government regarding this issue, according to a Reuters report. Citing ...
President Donald Trump’s 20th week in the Oval Office is expected to include a White House meeting with Germany’s chancellor, a phone call with Chinese President Xi Jinping and lawmakers’ ongoing efforts to pass the ‘big, beautiful bill’ to fund the president’s agenda. Monday marks Trump’s 134th day in the White House, a period in which he has issued 150 ...
FORT LAUDERDALE, Fla. — It’s been two weeks since Lionel Messi vowed Inter Miami would ‘be a real team, and get through’ their most difficult stretch together since he joined the Major League Soccer club. Five goals and three matches later, Messi has helped Inter Miami turn the tide on its season just before participating in the FIFA Club World ...
The gold price saw peaks and troughs this week. After rising to almost US$3,350 per ounce on Monday (May 26), the yellow metal took a dive, dropping just below the US$3,260 level on May 28 (Wednesday). It was back on the rise the next day, hitting US$3,324. Trade tensions were in focus throughout the period. Concerns lessened early in the ...