The United States announced a new tariff on various imports from Brazil, following a year-long investigation into the Latin American giant's trade and other policies. The 25 percent tariff is set to

AFP

Trump scraps Hormuz transit fee proposal, eyes Gulf investment deals

16/07/2026

US President Donald Trump on Tuesday abandoned a proposal to impose a 20% transit fee on cargo shipping through the Strait of Hormuz, saying Washington would instead pursue trade and investment agree

Trade Arabia

China says exports soar more than forecast in June

15/07/2026

China's exports surged more than expected last month, with official data on Tuesday showing that the global AI boom helped fuel demand for chips and computing equipment from the world's second-larges

AFP

US CPI inflation cools to 3.5% in June as energy prices see a big drop

15/07/2026

US Consumer Price Index (CPI) inflation cooled in June to 3.5 per cent from 4.2 per cent in May on the back of a big drop in gasoline prices, bringing some respite to consumers who were bearing the b

ANI

Volkswagen confirms weighing up to 50,000 more job cuts

14/07/2026

Volkswagen's boss told employees Monday a further 50,000 jobs could go at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is targeting 100,000 cuts

AFP

UK economy rebounds as nation awaits new PM

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