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Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher prices.
The US Treasury on Friday announced sanctions against 10 individuals and companies, including several in China and Hong Kong, over accusations they aided Iran's efforts to secure weapons and the raw materials needed to build its Shahed drones and ballistic missiles.
Wealthy families are trading global uncertainty for Singapore’s regulatory rigour, driving record inflows and a revitalised stock exchange
Wealthy families are trading global uncertainty for Singapore’s regulatory rigour, driving record inflows and a revitalised stock exchange
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A major rules-of-the-road bill for the crypto industry is set to get an initial vote on May 14 in the Senate Banking Committee.
A federal judge on Friday declined to quickly approve the Securities and Exchange Commission’s $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached.
The project is part of wider efforts to build overland trade corridors linking southern China with the Mekong region
The project is part of wider efforts to build overland trade corridors linking southern China with the Mekong region
Los Angeles is going all in on its Olympic glow-up, with city leaders pushing a staggering $2.6 billion makeover of the aging LA Convention Center (LACC) in a desperate bid to revive a struggling downtown before the 2028 Games.
The city is betting on diversification – fully integrating with the mainland economy while expanding trade and business ties with others
The city is betting on diversification – fully integrating with the mainland economy while expanding trade and business ties with others
Affirm CEO Max Levchin told Jim Cramer the American consumer remains strong, even as concerns about the economy and spending continue to mount in the face of high gas prices.
The US Treasury Department has imposed sanctions on 10 individuals and companies accused of helping Iran’s military obtain weapons and materials used in the production of Shahed drones.
Trump administration on Friday appealed court ruling that 10 per cent global tariff imposed in February was not justified by 1970s trade law
Trump administration on Friday appealed court ruling that 10 per cent global tariff imposed in February was not justified by 1970s trade law
Sony Group President and CEO Hiroki Totoki at the strategy briefing Friday. (Screenshot of Sony Group's online briefing)
ABC is accusing the Trump administration of violating its First Amendment rights, a major escalation in a regulatory dispute centering on “The View.”
A $5 price tag at gasoline pumps is looking like more of a possibility, according to JPMorgan analysts.
Geopolitical risks and the oil shock from the Iran war were cited as the two biggest concerns facing the US financial system, according to a new Federal Reserve report.
WASHINGTON, May 8 (Yonhap) -- South Korea and the United States on Friday signed a memorandum of understanding (MOU) to advance bilateral shipbuilding cooperation, the U.S. International Trade Administration said.
Inspire Brands, the owner of fast-food chains Dunkin’, Arby’s and Jimmy John’s, said Friday it had confidentially filed for a US initial public offering, as the consumer IPO market picks up steam after a tepid 2025.
Property News: Australia's most expensive streets, and how much it costs to live in them.
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2nd Street's 10th Thailand shop opened in Nonthaburi province, north of Bangkok, during April. (Photo by Keigo Iwamoto)
2nd Street's 10th Thailand shop opened in Nonthaburi province, north of Bangkok, in April. (Photo by Keigo Iwamoto)
U.S. stocks rose to records following the latest sign that the nation’s job market is doing better than economists expected.
OnlyFans has agreed to sell a minority stake to investment firm Architect Capital in a deal valuing the adult-content platform at $3.15 billion, the Wall Street Journal reported.
NEW YORK — The recent grounding of US budget carrier Spirit Airlines could help ease shortages of next-generation RTX spare engines needed to keep late-model Airbus single-aisle jets flying, industry executives and analysts say.
Anthropic's Claude agents have soared in popularity, putting pressure on the company's compute capacity. (Nikkei Montage/Source photos by Reuters and AP)
President Anura Kumara Dissanayake yesterday said both Sri Lanka and Viet Nam have agreed to further strengthen economic cooperation with the aim of increasing bilateral trade to US$ 1 billion by 2030.
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The Committee on Public Finance (CoPF) has raised concerns regarding the failure of the National Development Bank (NDB)’s audit committees to detect a massive internal fraud, estimated at over Rs.13 billion and the effectiveness of its internal controls.
Opposition Leader Sajith Premadasa welcomed President of Viet Nam Tô Lâm to the Parliament yesterday (8), describing Viet Nam as a model nation that has successfully transformed adversity into economic growth, prosperity, and inclusive development.
“A new world order must be built to ensure economic justice and equal political security for all nations. An end to the arms race is an essential prerequisite for the establishment of such an order.”
Digitalization refers to the use of digital technologies and data, as well as their interconnection, which results in new technologies or changes to existing ones. In recent years, digitalization has significantly increased, especially in industries such as banking. For example, most banks now provide internet banki…
The Embassy of Sri Lanka in Addis Ababa marked the official assumption of duties by Ambassador-designate Nirmala Indumathie Dias Paranavitana. She will also serve as Sri Lanka’s Permanent Observer to the African Union and the United Nations Economic Commission for Africa (UNECA).
From Bill Dubuque, creator of Ozark, M.I.A. hits Peacock with all eight of its episodes at once. Shannon Gisela stars as Etta, smart, resourceful, and college-bound, who’s also a little spontaneous: maybe she’d like to stay in South Florida and work for the family business, which includes a bustling marina, tourist …
Sydney’s once-common $500,000 houses have disappeared over the past 20 years, data shows, with runaway price growth transforming the city’s property market in that time.
Australia’s corporate cop has long been fighting off claims that it’s a toothless tiger – a criticism that comes with the territory. But when Joe Longo became chair of the Australian Securities and Investments Commission (ASIC) in 2021, he faced more than the usual challenges that confront every ASIC boss.
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US Trade Representative Jamieson Greer wants key meeting in Beijing to help ‘achieve more balance’ economically between the two countries
US Trade Representative Jamieson Greer wants key meeting in Beijing to help ‘achieve more balance’ economically between the two countries
The industry says ethanol is the easiest biofuel to use as it is already in the Australian market. (ABC News: John Gunn)
SAN JOSE, Costa Rica (AP) — Laura Fernández was sworn in Friday as president of Costa Rica alongside her predecessor, outgoing President Rodrigo Chaves, an ally of U.S. President Donald Trump who will be serving dual roles as her mi nisters of the presidency and finance.
The spring housing season hit a speed bump this week as rising mortgage rates and global economic uncertainty prompted both buyers and sellers to retreat.
KYIV — Russia and Ukraine traded attacks Friday, with a two-day unilateral ceasefire that Moscow had declared around its World War II commemorations appearing to be in tatters.
California shoppers may soon find there’s no such thing as a quick getaway from the grocery store.