World Business NewsOPEC+ may consider larger oil output increase for July amid rising production by members
Group leaders Saudi Arabia and Russia weigh boosting supply beyond 411,000 barrels per day as Kazakhstan refuses to cut output
May 31, 2025
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World Business News
World Business NewsUS court blocks most Trump tariffs, says president exceeded his authority
Court cites that Constitution grants Congress power to regulate international commerce; Markets cheer ruling, dollar and global stocks rally; Trump administration files notice of appeal, questions authority of the court
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World Business NewsUS banks tiptoe toward crypto, awaiting more green lights from regulators
Large lenders are hesitant to be the first to expand into crypto
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AutomobileChina regulator summons automakers to discuss 'zero-mileage' used car sales
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World Business NewsIndonesia unlocks $4.84 billion in banking liquidity with reserve cut
Bank Indonesia slashes secondary reserve requirement to 4% and raises foreign funding cap to spur economic growth and loan expansion
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World Business NewsIndia’s Supreme Court halts liquidation of Bhushan Power, giving JSW Steel room to appeal takeover block
The top court pauses NCLT proceedings as JSW Steel and creditors prepare review petition after $2.3 billion acquisition was nullified
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World Business NewsApple-linked Chinese stocks slump after Trump’s new iPhone tariff threat
Fresh U.S. tariff warnings targeting imported iPhones spook investors, hitting major Chinese Apple suppliers as production shift plans to India accelerate
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World Business NewsAsian stocks, euro gain after Trump delays EU tariffs
Euro rises, dollar recovers as Trump gives more time for EU deal until July 9; US, UK markets closed for public holidays on Monday
May 26, 2025
World Business NewsTrump says he will delay tariffs on European Union until July 9
US president threatens to escalate trade war, demanding new import taxes starting June 1 due to slow trade talks
May 26, 2025
World Business NewsUS invites Asian officials to Alaska, eyes $44 billion LNG project
Officials from Taiwan, South Korea and Japan were invited to June 2 event in Alaska to discuss projects, including a vast gas pipeline
May 24, 2025