The Azerbaijani government has extended the exemption from customs duties on importing aviation fuel until December 31, 2025.
Shares in European carmakers and automotive suppliers fell sharply on Tuesday after the U.S. implemented a 25% tariff on imports from Mexico, a key production hub for the automotive sector supplying the American market.
In a joint announcement at the White House on Monday, Taiwan Semiconductor Manufacturing Company (TSMC) and President Donald Trump revealed plans for a $100 billion investment to build five new semiconductor facilities in the United States.
Markets tumbled Monday, with losses accelerating in the afternoon after President Donald Trump confirmed that 25% tariffs on imports from Canada and Mexico will take effect. Earlier in the session, stocks were already under pressure following a weaker-than-expected February report on a key manufact
The global ocean shipping industry, which handles roughly 80% of world trade, is facing heightened uncertainty amid a series of trade and geopolitical threats from the U.S. administration.
U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Canada and Mexico will go into effect on Tuesday, though the exact rates remain uncertain.
Volkswagen is set to recall 60,490 vehicles in the United States after the U.S. National Highway Traffic Safety Administration (NHTSA) identified a potential safety issue. The recall, which affects certain models, is due to a failure to display the gear position.
U.S. President Donald Trump signed an executive order on Saturday directing a new national security investigation into imported lumber under Section 232 of the Trade Expansion Act of 1962.
Türkiye’s Ministry of Justice has announced a new regulation concerning ATM security. Under this measure, individuals whose faces cannot be identified by ATM cameras will be unable to carry out transactions.
The United States has suspended sanctions for 30 days on Serbian oil company NIS, which is majority-owned by Russian companies and runs the country's only oil refinery, President Aleksandar Vucic said on Thursday, citing a U.S. Treasury document.
US tech giant Nvidia reported an 80% year-on-year increase in net income for the last quarter of fiscal 2025, with earnings climbing to $22.1 billion - an increase of $9.8 billion compared to the same period last year.
Chinese companies are rapidly adopting DeepSeek’s latest AI model to improve productivity and services after its impressive debut earlier this year. The artificial intelligence model is being integrated into tech, telecom, finance, healthcare, and energy sectors.
In a move with potentially far-reaching implications for the tech industry in Europe, Italian tax authorities have extended their investigation to Elon Musk’s social network X, seeking €12.5 million in value-added tax (VAT) for the period 2016 to 2022, Reuters has reported.
Iraq and oil major BP, opens new tab signed a deal to redevelop four Kirkuk oil and gas fields, Iraq's state news agency reported on Tuesday.
Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
As U.S. authorities intensify their crackdown on unauthorized e-cigarette products, several vape companies are altering their business models and corporate structures—efforts that are complicating regulatory enforcement.
Uzbekistan has launched the feasibility study for the Tashkent — Samarkand railway line. Trains on this route will reach speeds of up to 300 km/h, greatly cutting down travel time.
MEXICO CITY, February 24, 2025 – A sweeping foreign aid freeze ordered by U.S. President Donald Trump has stalled a United Nations program in Mexico aimed at stopping the flow of imported fentanyl precursors into the country’s drug cartels, according to several sources familiar with the matter.
The United States imposed sanctions on more than 30 people and vessels for their role in selling and transporting Iranian petroleum-related products as part of Tehran's "shadow fleet," the Treasury Department said.
Ukraine and the U.S. are working productively on an economic deal at the centre of an effort to end Russia's war on Ukraine, President Volodymyr Zelenskyy said on Monday.
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