World Business News450 U.S. companies urge Congress to save space traffic office
The letter follows the White House’s decision to cut the office’s funding from $64 million to $10 million
Jul 8, 2025
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World Business News
TechIBM launches new Power11 chips to support AI in data centers
Power11 systems offer reliability and security, with no planned update downtime and 30 seconds of unplanned downtime per year
Jul 8, 2025
World Business NewsSouth African President says Trump's 30% tariffs is based on wrong trade data
Ramaphosa says South Africa’s average tariff on imported goods is 7.6%, and that 77% of U.S. products enter the country without any tariffs
Jul 8, 2025
World Business NewsU.S. containerized imports from China fall 28.3% in June
Overall U.S. container imports in June total 2.2 million twenty-foot equivalent units, down 3.5% from June 2024
Jul 8, 2025
TechSamsung to acquire U.S. healthcare platform Xealth to expand mobile health services
Samsung plans to combine Xealth’s services with its wearable technology to strengthen its position in the healthcare sector
Jul 8, 2025
World Business NewsAustralia's central bank leaves interest rate unchanged at 3.85%
RBA says majority of board members preferred to wait for more data to confirm that inflation is slowing before making any changes to policy
Jul 8, 2025
World Business NewsJapan rejects U.S. trade deal without auto tariff cuts
There’s no point striking a deal with the U.S. without an agreement on automobile tariffs, says Japan’s chief trade negotiator
Jul 8, 2025
World Business NewsTrump delays tariff start date to august 1 with executive order
The extension comes as the 90-day pause on some import duties was set to expire this week
Jul 8, 2025
World Business NewsU.S. proposes rule to allow oil and gas output from shared leases
The new rule would mainly affect onshore oil and gas drilling in the western states
Jul 8, 2025
TechTrump media expands into TV streaming with Truth+
The company says it will continue testing the streaming service and collect feedback from users during the rollout
Jul 8, 2025
World Business NewsBrazilian president says world does not need an emperor after Trump threatens BRICS tariff
Lula says global trade needs alternatives to the dollar and calls for gradual change
Jul 8, 2025
AutomobileMercedes-Benz global sales fall 9% in second quarter due to tariffs
Sales of battery electric vehicles dropped 18% to 41,900 units during the April to June period
Jul 8, 2025