Latest

Hyundai announces new $21 billion investment in US manufacturing
Hyundai announces new $21 billion investment in US manufacturing
Economy
by  AFP

South Korean auto giant Hyundai on Monday announced a multi-billion-dollar investment in the United States, including a new $5.8 billion steel plant. Hyundai's announcement makes it the latest firm to announce plans to invest billions of dollars into the United States since Donald Trump's return to power in January.

Trump to impose sharp tariff on countries buying Venezuelan oil
Trump to impose sharp tariff on countries buying Venezuelan oil
Economy
by  AFP

US President Donald Trump announced Monday steep tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty. These could hit China and India, with experts noting that Venezuela exports oil to both those countries, as well as the United States and Spain.