The US said it remains committed to the Lobito Corridor project that links critical minerals deposits in central Africa to an Atlantic port, signaling a bright spot in trade with the continent facing painful tariff increases.
Former US Trade Representative Katherine Tai came prepared on the eve of President Donald Trump’s big tariff announcement to talk about lumber — as a metaphor, not a trade war target.
Expectations for European Central Bank interest-rate cuts are rising as investors and analysts assessing the fallout from Donald Trump’s tariffs conclude that the outcome for inflation will be more benign while growth will suffer.
Leadership shortcomings and a problematic culture that didn’t always keep bad behavior in check were highlighted among the root causes of risk management flaws at ANZ Group Holdings Ltd., an independent review showed.
Prime Minister Keir Starmer is taking the first steps to help UK businesses withstand US tariffs by easing the government’s electric vehicle sales mandate.