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Showing 1 - 10 of 92

BUSINESS

Trump tariffs on timber, furniture take effect

AFP, Published on 14/10/2025

» WASHINGTON - US President Donald Trump's fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market.

BUSINESS

Clock ticks on US tariff hikes as Trump broadens blitz

AFP, Published on 31/07/2025

» WASHINGTON - Time is running short for governments to strike deals with Washington to avert tariff hikes that Donald Trump has vowed against dozens of economies — and the US president continues to expand his trade wars.

BUSINESS

US Fed holds firm against Trump pressure as divisions emerge

AFP, Published on 31/07/2025

» WASHINGTON - The US Federal Reserve kept interest rates unchanged on Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs -- although divisions emerged among policymakers.

BUSINESS

US economy returns to growth amid tariff turbulence

AFP, Published on 30/07/2025

» WASHINGTON - The US economy returned to growth in the second quarter, government data showed Wednesday, as analysts warned of distortions due to shifting trade flows over President Donald Trump’s tariffs.

BUSINESS

Apple expects $900m tariff hit, US iPhone supply shifts to India

AFP, Published on 02/05/2025

» SAN FRANCISCO - Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain.

BUSINESS

Trump trade war pushes firms to consider stockpiling

AFP, Published on 27/04/2025

» PARIS - Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it isn't so straightforward this time around.

BUSINESS

Trump tariffs stunt US toy imports as sellers play for time

AFP, Published on 21/04/2025

» COLUMBUS (UNITED STATES) - Josh Staph fears the fun-packed shelves of his toy warehouse might start looking joyless in the months ahead, with made-in-China flying discs and model gliders grounded -– like much of his product line –- by Donald Trump's tariffs.

BUSINESS

Nvidia expects $5.5 bn hit as US targets chips sent to China

AFP, Published on 16/04/2025

» SAN FRANCISCO - Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement on the primary chip it can legally sell in China.

WORLD

Stock markets mixed as trading year nears end

AFP, Published on 29/12/2023

» NEW YORK - Global stocks were mixed Thursday on the penultimate trading day of 2023, while oil prices fell on easing worries about shipping disruptions in the Red Sea.

WORLD

Napoleon's letters from Russian campaign on sale, hat sets record

AFP, Published on 21/11/2023

» NEW YORK - Eleven letters sent by Napoleon Bonaparte, including dispatches from the Kremlin, have gone on sale following the blockbuster auction of the diminutive French emperor's hat for $2.1 million.