Trump-Xi Agree to Keep Hormuz Open, Warn Iran
President Trump and President Xi agreed to keep the Strait of Hormuz open, issuing a strong warning to Iran amid ongoing chaos in the region.
Category : Trade
EU Proposes Single Ticket System for European Train Travel
The European Commission proposes a single ticket system for multi-operator rail journeys, aiming to simplify cross-border travel and enhance passenger rights across the EU.
Billions Could Miss World Cup as China, India Lack Deals
With weeks to go before the 2026 World Cup, broadcasters in China and India, home to 2.8 billion people, have yet to secure rights, risking the event going dark in these populous nations.
Jet Fuel Shortages to Raise Air Fares: Walsh
Willie Walsh warns that jet fuel shortages this summer will inevitably drive up air fares, impacting travelers across the UK and Europe.
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Higher Air Fares 'Inevitable' Due to Iran War Fuel Costs
Airlines chief Willie Walsh warns higher ticket prices are inevitable as jet fuel costs soar due to the Iran war. Carriers cancel more flights, but summer disruption is not expected.
Trump in China for Xi Summit, Shares Welcome Video
Donald Trump shared a video of his lavish welcome in Beijing ahead of talks with Xi Jinping on trade, Iran war, and energy crisis.
California Assembly OKs Dispensary Drive-Thru Bill
California's Assembly passed AB 2697 allowing cannabis drive-thru sales, aiming to boost legal market competition. The bill now heads to the Senate amid opposition from narcotic officers.
Trump Announces New Tariffs on Chinese Imports
President Trump has announced new tariffs on Chinese goods, escalating the trade war. The move targets $300 billion in imports and has sparked concerns over global economic impact.
US and China Aim to Fix Tariff War Trade Damage
US and China leaders meet in Beijing to repair trade damage from tariff war that halved bilateral trade. Companies shift supply chains, but both economies still interdependent.
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Nissan Considers Building Cars for Chinese Rivals at Sunderland
Nissan's CEO confirms talks with China's Chery about using Sunderland plant for production, as the Japanese carmaker reports steep losses and seeks to boost factory volume.
WA Gas Exports Risk Slowing Asia's Clean Energy Shift
Documents show WA gas exports may hinder Asia's clean energy transition, as state emissions rise 17% since 2005, challenging federal climate targets.
EU Warns of Jet Fuel Shortage Risk from Iran War
The EU's energy commissioner warns of a possible long-term jet fuel shortage due to the Iran war and Strait of Hormuz disruptions, urging a fossil fuel transition.
NFL 2026 International Schedule Includes Australia Debut
The NFL announces its largest international schedule for 2026, featuring nine games across four continents, including the league's first game in Australia, with three London matches.
Brazil's PIX System Faces US Scrutiny Over Trade
Brazil's beloved PIX instant payment system, used by millions, is under investigation by the Trump administration for allegedly unfair competition against US credit card networks.
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Malaysia Admits Limited Capacity to Halt Iranian Oil Transfers
Malaysia's maritime agency says it cannot stop Iranian-linked oil transfers off its coast, allowing Iran to skirt sanctions, drawing criticism from advocacy groups.
Turkey Lifts Direct Trade Restriction with Armenia
Turkey has removed a restriction on direct trade with Armenia, marking a symbolic step toward normalising relations between the long-time rivals and potentially opening the shared border.
Chinese Tanker Tests Strait of Hormuz Blockade
A Chinese supertanker carrying 2 million barrels of Iraqi crude is navigating the Strait of Hormuz, challenging Iran's blockade amid rising tensions and global fuel price spikes.
Russian ship likely heading to North Korea with nuclear parts
A Russian cargo ship that sank in the Mediterranean in December 2024 was likely carrying nuclear submarine reactors to North Korea, according to a new investigation.
Elon Musk, Tim Cook Join Trump’s China Trip
Elon Musk, Tim Cook, and other top CEOs are set to join President Trump on his China visit to pursue trade deals and purchase agreements with Beijing.
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Oil Prices Fall After Rally as Trump Heads to China
Oil prices dropped on Wednesday after three days of gains, as Donald Trump traveled to China for talks with Xi Jinping amid ongoing US-Israeli war against Iran.
Budget Overhaul to Boost Blue-Chip Shares and ETFs
Australian investors are expected to pour billions into blue-chip shares and ETFs after capital gains tax changes in the Budget, making stocks more attractive than property.
Brazil: EU to Block Animal Product Exports from September
Brazil announces the EU will block its animal product exports from September, citing unresolved antimicrobial residue proof, just after the EU-Mercosur deal took effect.
US Executives Invited to Join Trump on China Trip
A group of top American tech, finance, and agricultural executives, including Elon Musk and Tim Cook, have been invited to join President Trump on his trip to China this week.
UK Airlines Cancel Flights Amid Jet Fuel Crisis
Airlines cancel hundreds of UK flights as jet fuel prices soar due to Middle East conflict. Carriers add surcharges, cut capacity, and warn of higher fares.
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Ex-World Bank Chief Warns China on Food and Fertiliser Hoarding
David Malpass urges China to stop hoarding food and fertiliser amid global supply chain disruptions caused by the US-Israeli war on Iran and Strait of Hormuz closure.
Michelin Guide Arrives in Australia, Debuts in South Australia
The Michelin Guide is coming to Australia for the first time, launching in South Australia. The inaugural edition will be revealed in October 2026, showcasing the state's diverse culinary scene.
Trump Plans to Boost Beef Imports to Lower Prices
The Trump administration is reportedly planning to increase beef imports and domestic production to lower record-high prices, including tariff reductions and regulatory rollbacks.
Greggs to Open International Shop at Tenerife Airport
Greggs will open its only international shop at Tenerife South Airport later this month, offering bakes, rolls, and Spanish omelette rolls to holidaymakers.
Elon Musk, Tim Cook Join Trump's China Trip for Trade Deals
Elon Musk, Tim Cook, and other top CEOs will accompany President Trump to China, aiming to secure trade agreements and discuss key issues like AI, export controls, and Iran.
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Fox Secures Two NFL Games, Beating YouTube
Fox acquires two NFL games from a package expected for YouTube, marking a win for free-to-air TV amid Trump's criticism of streaming.
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