Trump’s manufacturing push meets reality as costs rise and investment stalls
Tariffs alone have yet to overcome China’s manufacturing advantages as policy uncertainty and structural hurdles weigh on US industry
· Mark Magnier
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Newest first · UTC+11:00Trump’s manufacturing push meets reality as costs rise and investment stalls
Tariffs alone have yet to overcome China’s manufacturing advantages as policy uncertainty and structural hurdles weigh on US industry
· Mark Magnier
Dangote Refinery Secures $2.5 Billion Investment to Expand Africa’s Fuel Production
Nigeria's Dangote mega-refinery Thursday said it has secured $2.5 billion in investment from private investors to fund its expansion plans, as it widens its refining business to east Africa.
· AfricaNews
UAE banks report strong financial results despite Iran war uncertainty | The National
UAE lenders reported strong second-quarter financial results on Thursday as the country’s economy remained resilient despite uncertainties driven by the Iran war.
· Fareed Rahman
Pubs cheer business rates relief while other firms 'left out in the cold'
Keith Bott, right, welcomed the government's business rates relief
· Bbcnews
Iraqi Prime Minister Ali al-Zaidi arrives in Iran to meet with President Masoud Pezeshkian
Iraq’s Prime Minister Ali al-Zaidi arrived in Iran on Thursday to meet with Iranian President Masoud Pezeshkian, and is expected to focus on regional security issues, trade, and energy supplies, according to Iraqi media.
· SETH J. FRANTZMAN
S. Korea, U.S. open shipbuilding partnership center to advance MASGA project
SEOUL, July 23 (Yonhap) -- South Korea and the United States have opened the Korea-U.S. Shipbuilding Partnership Center (KUSPC) in Washington to facilitate US$150 billion in investment under the bilateral "MASGA" initiative aimed at helping revive the U.S. shipbuilding industry, the trade ministry said Thursday.
· Choi Kyong-ae
Kalshi promo code NYPMAX: Trade $25, get $500 for Diamondbacks vs. Cardinals
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· Sean Treppedi
Hong Kong high-speed rail link sets record as passenger trips top 16m in 6 months
In response to rising demand, MTRC Corp teams up with Plaza Premium Group to open upgraded business class lounge at West Kowloon terminus
· Eric Jiang
Hong Kong high-speed rail link sets record as passenger trips top 16m in 6 months
In response to rising demand, MTRC Corp teams up with Plaza Premium Group to open upgraded business class lounge at West Kowloon terminus
· Eric Jiang
US government reverses longstanding endangered species regulation, opens habitats to development
The United States Interior and Commerce Departments approved changes to endangered species definitions on July 10, opening sensitive habitats to business development, CNN reported earlier this month.
· JERUSALEM POST STAFF
Soho House’s new Venice Beach locale will take over spot vacated by bankrupt social club NeueHouse
It’s been 11 months since NeueHouse — the exclusive members-only co-working and social spot where memberships cost thousands — closed its Venice Beach outpost on Market Street when it abruptly shut all its locations in Chapter 7 bankruptcy.
· Peter Kiefer
Santa Monica prop shop that’s serviced ‘Oppenheimer’ and ‘Austin Powers’ turns 50 — here’s how it almost closed down
Back in 2010, a renowned if somewhat obscure Santa Monica prop shop was ready to throw in the towel. Susan Lieberman, the owner of Jadis, had recently lost her husband and business partner and put a “for sale” sign on the company which she co-founded in 1976. The prop house had serviced hundreds of productions like …
· Tim Baysinger
Oil price passes $100 a barrel again as Middle East conflict escalates
Benchmark rises sharply over fears Houthi militia could strangle Saudi exports as US-Iran fighting intensifies
· Joanna Partridge
Oil hits $100 for the first time since May after Houthi attacks on Saudi ships in Red Sea | The National
Oil prices topped the $100 per barrel mark on Thursday after Yemen’s Houthi rebels struck Saudi oil tankers in the Red Sea, , worsening oil supply disruption and widening the regional conflict that threatens global trade and energy supply across markets.
· Sarmad Khan
Miles Bridges says he’s ‘been to therapy’ after domestic violence arrest as Suns face blowback for polarizing move
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· Matt Ehalt
Crop Prices Hit 3-Year High As Heat & War Stoke Supply Fears; Options Whale Places $20M Corn Bet
The Bloomberg Agriculture Spot Index (BCOMAGSP) climbed to a three-year high Wednesday as widening conflict across critical energy and grain trade corridors, from the Black Sea to the Strait of Hormuz and the southern Red Sea, collided with scorching heat waves across Europe and the US and mounting El Niño risks in …
· Tyler Durden
Traders see September rate hike as European Central Bank mulls energy price spike
The European Central Bank voted on Thursday to leave its main interest rate unchanged at 2.25%, in a move that fell broadly in line with market expectations.
· Hugh Leask, Joseph Wilkins
Shanghai to launch ‘choke point’ tech funds, relax pre-profit listing rules in key sectors
The city will unveil dedicated funds and new offshore yuan channels while allowing pre-profit AI and nuclear fusion start-ups to list on the Star Market
· Mia Nurmamat
Shanghai to launch ‘choke point’ tech funds, relax pre-profit listing rules in key sectors
The city will unveil dedicated funds and new offshore yuan channels while allowing pre-profit AI and nuclear fusion start-ups to list on the Star Market
· Mia Nurmamat
Panthers owner David Tepper make additional stadium investment after reaching naming rights deal
In this Aug. 16, 2012 file photo, the skyline of Charlotte, N.C., rises behind Bank of America Stadium in this aerial photo. (AP Photo/Chuck Burton, File)
· Steve Reed
EU hits Google with $1B fine over its Play app store and search
BRUSSELS — The European Union on Thursday hit Google with a fine of 890 million euros ($1 billion) after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers towards its own services and apps to the detriment of competitors.
· Associated Press
UK secretly considered suspending Israel trade deal during Gaza famine
The British government quietly considered suspending Israel’s preferential trade privileges before ultimately deciding against the move, according to a report by Sky News.
· Middleeasteye
AIpocalypse No! Initial Jobless Claims Collapse To Lowest Since 1969
Amid ongoing exclamations of an AIpocalypse in the jobs market, the number of Americans filing for jobless benefits for the first time crashed to just 187k last week (well below expectations)...
· Tyler Durden
GCC chief condemns Houthi threats to close Bab Al Mandeb strait | The National
The head of the Gulf Co-operation Council has condemned Yemen's Iran-backed Houthi rebels for threatening to close the Bab Al Mandeb strait, warning it would endanger global trade, energy supplies and regional security.
· Adla Massoud
MANUFACTURING EXPO
News MANUFACTURING EXPO July 23, 2026 Resize Small Medium Large Visitors check out exhibits during the opening of the Philippine Manufacturing Week held at the World Trade Center in Pasay City on July 23, 2026. PHOTOS BY MIKE ALQUINTO Visitors check out exhibits during the opening of the Philippine Manufacturing Wee…
· The Manila Times
European Central Bank leaves interest rates unchanged with energy prices increasingly volatile
The Euro sculpture stands in front of the former headquarters of the European Central Bank (ECB) in Frankfurt, Germany, May 23, 2023. (AP Photo/Michael Probst, File)
Futures Slide After Google Earnings, Oil & Bond Yields Jump On Houthi Escalation
US equity futures are lower as WTI breaches $90/bbl and Brent approaches $100/bbl (Houthi escalation in the Red Sea as two Saudi tankers were struck), pushing bond yields higher with longer-dated yields seen making new highs, globally. But, Alphabet's underwhelming results - while dragging down Mag7 names - are boos…
· Tyler Durden
EU caves-in on new Russia sanctions – media
The EU has relented on objections from member states, granting what one diplomat has described as an “outrageous exemption,” to issue a watered-down sanctions package targeting Russia. Greece successfully lobbied to allow EU companies to continue transporting Russian liquefied natural gas (LNG) to third countries, m…
· RT
Read Full Article at RT.com
The EU has relented on objections from member states, granting what one diplomat has described as an “outrageous exemption,” to issue a watered-down sanctions package targeting Russia. Greece successfully lobbied to allow EU companies to continue transporting Russian liquefied natural gas (LNG) to third countries, m…
· RT
On tariffs, China and US ask industry a US$30 billion question
As President Xi and President Trump prepare for an expected summit, trade officials are weighing public input on reciprocal duty cuts
· Xinyi Wu
On tariffs, China and US ask industry a US$30 billion question
As President Xi and President Trump prepare for an expected summit, trade officials are weighing public input on reciprocal duty cuts
· Xinyi Wu
Mubadala Capital puts private markets fund on blockchain in Coinbase deal | The National
Mubadala Capital, the asset management arm of Abu Dhabi's $385 billion sovereign wealth fund, has teamed up with Coinbase and Abu Dhabi-based FinTech firm Kaio to put one of its private market investment funds on the blockchain.
· Salim A. Essaid
Iran expands trade with Pakistan as experts claim it will ‘ease the squeeze’ of Hormuz blockade
The Islamic Republic’s plan to increase truck trade with Pakistan to 2,000 vehicles per day will “ease the squeeze” of the United States’ blockade of the Strait of Hormuz “without coming close to neutralizing it,” counterterrorism analyst Roger Macmillan told The Jerusalem Post on Thursday.
· DANIELLE GREYMAN-KENNARD
Inside Melbourne’s ‘Met Gala for business’ – but two big names were missing
Decision makers from politics and across a swath of business sectors spruced up for Victoria’s business gala of the year, the Melbourne Ball, on Thursday evening – but two big names were missing.
· Fiona Byrne
Japan weighs regulating Pokemon cards amid trading mania
Japan, the home of Pokemon, is beginning to weigh regulating the booming trading card market, as values soaring into the millions of dollars fuel counterfeiting and money laundering.
· Sarah Hilton
Several killed as Ukraine, Russia trade attacks deep behind the front line
Attacks by Russia and Ukraine have killed at least eight people, including a child, with four dead in Ukraine and another four in Russia and Moscow-annexed Crimea, officials on both sides say.
· Al Jazeera
SEA Games champion Dines Dumaan seeks financial help after road crash
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· delfin.dioquino editor
China’s Geely partners with Ford to revive Spain plant and deepen European EV drive
Tie-up breathes new life into plant near Valencia and signals Chinese carmakers’ stepped-up push to go global amid tariff pressures
· Daniel Ren
China’s Geely partners with Ford to revive Spain plant and deepen European EV drive
Tie-up breathes new life into plant near Valencia and signals Chinese carmakers’ stepped-up push to go global amid tariff pressures
· Daniel Ren
Houthi blockade of Saudi Arabia could further disrupt global trade
Bab el-Mandeb, at the southern tip of the Arabian Peninsula, is the gateway to the Red Sea through which around 12% of the world’s trade usually passes. A fourth of global container trade transits through the 32-kilometer (20-mile)-wide strait to and from the Suez Canal. The Houthis earlier demonstrated their abilit…
· Fatma Khaled
Herzog & de Meuron makes second donation to Hong Kong’s M+ museum
Global architecture firm donates more than 200 archival items to art museum, which it designed, with exhibition slated for early September
· Ambrose Li
Herzog & de Meuron makes second donation to Hong Kong’s M+ museum
Global architecture firm donates more than 200 archival items to art museum, which it designed, with exhibition slated for early September
· Ambrose Li
'A triumphant failure': How Israel's use of social media influencers to win back support backfired
An unprecedented investment in social media propaganda by Israel is failing to shift the cratering support for the country in the western world amid its ongoing genocide in Gaza, particularly among the younger generation, analysts have told Middle East Eye.
· Middleeasteye
Google hit with €890 million EU fine over app store, search breaches
Alphabet’s Google was fined a total of €890 million (A$1.45 billion) on Thursday for flouting European Union rules aimed at reining in the power of Big Tech, the European Commission said.
· Foo Yun Chee
Space datacenters proposed by Musk and Bezos ‘catastrophic’ for planet, experts warn
New US petition demands review of plans from tech companies amid fears of environmental destruction
· Tom Perkins
China's Geely to make EVs at Ford plant in Spain under new joint venture
China automaker Geely will build electric vehicles at a Ford Motor plant in Spain under a new manufacturing joint venture in Europe, the companies announced Thursday.
· Michael Wayland
Path opened for Malaysian firms to pursue secondary share listings in Hong Kong
Malaysia’s Capital A Berhad, which runs travel app AirAsia Move and food brand Santan, is eyeing a dual listing in the city, government says
· Enoch Yiu
Hong Kong exchange clears path for listings by Malaysian firms
Malaysia’s Capital A Berhad, which runs travel app AirAsia Move and food brand Santan, is eyeing a dual listing in the city, government says
· Enoch Yiu
Removing Chinese telecoms gear in EU to exceed official cost estimates: report
GSMA Intelligence says move will cost up to US$46 billion, roughly 3 times as much as European Commission has suggested
· Huizhao Huang