A packet of antibiotics and various other medicines on a table in a pharmacy. Picture Alliance | Picture Alliance | Getty Images Europe’s pharmaceutical firms are rushing to prepare for the potential fallout of U.S. import duties, with some forming “tariff taskforces,” even as analysts warn that levies on the sector could break global trade…
Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad I Mohammed | Reuters Saudi state oil producer Aramco reported on Tuesday a decline in net profit to $106.2 billion in 2024, down from $121.3 billion in 2023. The…
Paul Adams BBC News, Jerusalem Getty Images Jabalia, in northern Gaza, was once a bustling and tightly-packed refugee camp Jabalia, viewed from the air, is breathtaking. A Hiroshima-like wasteland stretches as far as the eye can see. The mangled carcasses of buildings dot the churned-up landscape, some leaning at crazy angles. Great undulating waves of…
China and Canada unveiled retaliatory measures against the US after Donald Trump imposed his sweeping tariffs plan at midnight US time, despite warnings it could spark an escalating trade war. US tariffs have come into force of 25% against goods from Canada and Mexico, the US’s two biggest trading partners, and 20% tariffs against China…
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Asian tech and chip-related stocks fell Tuesday after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump said the…
UCLA seemed set for a blowout win over Northwestern, but then the Wildcats deployed a swarming press and roared back. The Bruins survived the late surge to eke out a 73-69 win, avoiding a catastrophic collapse. The teams went back-and-forth throughout the second half until the Bruins went on a 12-2 run. Back-to-back dunks by…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10, and restrict exports to 15 U.S….
US vice-president JD Vance said that the best way to protect Ukraine from another Russian invasion is to guarantee the US has a financial interest in Ukraine’s future. “If you want real security guarantees, if you want to actually ensure that Vladimir Putin does not invade Ukraine again, the very best security guarantee is to…
Nvidia’s headquarters on Feb. 26, 2025, in Santa Clara, California. Justin Sullivan | Getty Images Malaysia said it will take “necessary action” against Malaysian companies if they are found to be involved in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China. That comes after Singapore Law and Home…
In this handout photo released by the South Korean Defense Ministry, South Korean navy vessels taking part in a naval drill off the east coast on September 4, 2017 in East Sea, South Korea. Getty Images South Korean defense stocks rose Tuesday, in line with a broad-based pickup in defense names globally, as the Russia-Ukraine…
