Panamanian President Jose Raul Mulino will meet with representatives of US banana giant Chiquita Brands in Brazil later this month amid a push for the company to resume operations in his country after it laid off its entire workforce due to a strike, a minister announced Monday.
Hong Kong's Cathay Pacific said Wednesday it would place a US$8.1-billion order for 14 Boeing jets, its first order with the American aircraft maker for 12 years. The airline has "exercised the purchase rights... to purchase 14 Boeing 777-9 aircraft; and... secured the right to acquire up to seven additional Boeing 777-9 aircraft", it said in a filing to the Hong Kong stock exchange.
US tariffs on many Brazilian products surged Wednesday, as President Donald Trump moved ahead with a pressure campaign against the trial of his right-wing ally Jair Bolsonaro. Trump's pressure campaign has angered many Brazilians but endeared him to Bolsonaro's conservative base.
Deep in the rugged forests of North Macedonia, small-hydropower developers are facing off with activists who warn that a thirst for lucrative green energy contracts is threatening the country's rivers. - 'Not backing down' - One of the few rivers in North Macedonia still clean enough to drink from, the Dosnica is a small tributary to the Vardar, which flows into Greece.
Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of data indicated further weakness in the US economy but added interest rate cut speculation. After a strong start to the week sparked by hopes that painful jobs data will force the US Federal Reserve to lower rates next month, another batch of figures added fuel to the fire.
As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.
A rail line linking two northern Czech towns is testing Europe's first driverless train operating in an open environment, its developer told AFP on Tuesday. He added Edita was the first driverless train in Europe in an open environment with level crossings and where animals might get in the way.
The US trade gap narrowed in June, government data showed Tuesday, as imports pulled back more than exports while businesses grappled with President Donald Trump's tariffs on allies and competitors alike. The June deficit narrowed on the back of a fall in imports, by 3.7 percent to $337.5 billion, while exports also dropped by 0.5 percent to $277.3 billion.
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be unveiled as soon as the coming week, as he presses on in efforts to reshape global trade. The US president told CNBC that upcoming tariffs on imported pharmaceuticals could reach 250 percent, while adding that he plans for new duties on foreign semiconductors soon.
Governor Alia seeks partnership with the federal government for economic growth in Benue, targeting solid minerals, agriculture and infrastructure development.
Economy
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