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Search results: “International business”

14 stories found

International businessDEVELOPING

Xi Jinping heads to Trump as US and China may extend trade truce

Chinese President Xi Jinping will arrive in the United States on Wednesday for his first state visit there since 2015. A formal White House ceremony is expected on Thursday, September 24; experts foresee an extension of the truce, not a settlement of the main disputes.

  • Xi Jinping will visit the US for his first state visit there since 2015.
  • A White House welcome ceremony is expected on September 24.
1 sources50% confidence
BBC News Україна
International businessDEVELOPING

BRICS leaders gather in New Delhi as wars and U.S. tensions test bloc

Leaders of the 11 BRICS members are meeting in New Delhi to discuss trade, investment, energy and global conflicts. The summit is taking place amid the war in Ukraine, the Iran conflict and rising U.S.-China tensions.

  • Leaders of 11 BRICS countries are meeting in New Delhi on economic issues and conflicts.
  • Members are discussing wider use of national currencies in trade.
1 sources90% confidence
NPR World
Trade relationsDEVELOPING

Border towns Fort Frances and International Falls feel trade-war strain: businesses report falling Canadian customers

Tariffs and political remarks by Donald Trump have reduced cross-border traffic between Fort Frances, Ontario, and International Falls, Minnesota. Local shop and café owners report fewer Canadian customers and lost revenue, while mayors and a Minnesota state senator describe notable public anger and economic effects.

  • Tariffs and Trump’s remarks have reduced crossings between Fort Frances, Ontario, and International Falls, Minnesota.
  • Businesses report revenue losses; Senator Grant Hauschild heard of declines up to 30% from Canadian customers.
1 sources91% confidence
The Guardian Business
BusinessDEVELOPING

Trump discloses stock trades involving Microsoft, Nvidia, SpaceX and Tesla

US President Donald Trump disclosed more than 1,000 stock trades made on his behalf in July. The filings include transactions involving Microsoft, Nvidia, Palantir, SpaceX and Tesla; the White House said independent third parties manage the portfolio.

  • Trump’s July disclosure covers more than 1,000 stock transactions.
  • Microsoft share sales were valued at $6.5m to $31m.
1 sources93% confidence
BBC Business
International tradeDEVELOPING

Canada urges the UK to join a proposed future alliance with the EU

Canadian Finance Minister François-Philippe Champagne has urged the UK to join a proposed economic alliance between Canada and Europe. The suggestion follows European Commission President Ursula von der Leyen’s proposal to discuss associate EU membership for Canada.

  • Canada’s finance minister has urged the UK to join a future economic alliance between Canada and Europe.
  • Ursula von der Leyen proposed talks on associate EU membership for Canada, but the offer has not been formalised.
1 sources93% confidence
BBC Business
Energy and TransportDEVELOPING

Houthis Capture Mayun Island at Red Sea Entrance, Threatening Shipping

Yemen’s Houthi rebels have captured Mayun Island at the entrance to the Red Sea, a key route for Saudi oil exports. About 12% of global goods normally pass through the nearby Bab el-Mandeb Strait, while a Houthi spokesman said shipping was safe except for Saudi vessels.

  • Houthi forces seized Mayun Island near the Bab el-Mandeb Strait.
  • About 12% of global goods normally pass through the strait.
1 sources90% confidence
NPR World
Entertainment and tourismDEVELOPING

Céline Dion’s Paris residency could generate up to €1 billion

Céline Dion begins a 26-concert Paris run on Saturday after six years away from the stage. Nearly 800,000 French and international fans are expected to attend, with the economic gain estimated at €500 million to €1 billion, alongside a climate cost.

  • Céline Dion will perform 26 concerts in Paris after a six-year stage absence.
  • Nearly 800,000 French and international fans are expected to attend.
1 sources91% confidence
Le Monde Economy
BusinessDEVELOPING

Anthropic researcher puts chance of AI wiping out humanity above 10%

Anthropic AI safety researcher Evan Hubinger said there is a greater than 10% chance AI could wipe out humanity within the next decade. He described the risk from current models as low but warned systems could soon improve themselves enough to pose an existential threat.

  • Anthropic researcher Evan Hubinger puts the chance of AI wiping out humanity within a decade above 10%.
  • He called the risk from current models low but warned systems could rapidly improve themselves.
1 sources93% confidence
BBC Business
International tradeDEVELOPING

US orders import ban on Canadian goods — alcohol, dairy and motor vehicles starting 29 September (EDT/UTC-4)

US President Donald Trump signed executive orders banning imports of Canadian goods including alcohol, dairy and motor vehicles, effective 29 September (EDT/UTC-4). The White House framed the move as a response to Canadian retaliatory tariffs that recently took effect.

  • US to ban imports of Canadian goods including alcohol, dairy and motor vehicles starting 29 September (EDT/UTC-4).
  • White House said Canada is "discriminating" against US commerce, citing reciprocal tariffs as the rationale.
2 sources93% confidence
BBC Business