Numerous experts who spoke to CNBC estimate losses from cargo theft are close to $1 billion or more a year.… MORE
Category Archives: Top News
Pandora to Puma: Retailers warn tariffs will push up prices
Household brands including Pandora, Puma and Hugo Boss have all said they are evaluating their pricing strategies in the U.S.… MORE
IAG orders 71 long-haul jets split between Airbus and Boeing
British Airways owner IAG unveiled plans to buy 71 long-haul aircraft from Airbus and Boeing a day after Britain and the U.S. announced a trade deal.… MORE
The aluminum sector isn’t moving to the U.S. despite tariffs — due to one key reason
Tariffs are reshaping global trade flows and inflating costs for American consumers, but are falling to revive domestic aluminum production.… MORE
From Pandora to Puma: Retailers say U.S. tariffs might drive up prices soon
Household brands including Pandora, Puma and Hugo Boss have all said they are evaluating their pricing strategies in the U.S.… MORE
Boeing gets a price target hike from UBS, which says the airplane maker can navigate tariff risk
Boeing shares could rally ahead as the aerospace giant is able to navigate the changing tariff environment, according to UBS.… MORE
Fed’s Barr: Tariffs to boost inflation, slow growth later this year
Trump’s trade policies will likely lift inflation, lower growth, and raise unemployment later this year, Federal Reserve Governor Michael Barr said.… MORE
Europe stocks rise as investors look ahead to U.S.-China trade talks in Switzerland
European stocks opened higher on Friday as investors look forward to the U.S.-China trade talks set to begin this weekend in Switzerland.… MORE
Nvidia modifies H20 chip for China to overcome U.S. export controls: Reuters
Nvidia has notified major Chinese customers, including leading cloud computing providers, that it aims to release the modified H20 chip in July.… MORE
Why the Bank of England governor thinks uncertainty is here to stay despite a trade deal
“A U.K.-U.S. trade agreement is very welcome… But the U.K. is a very open economy,” Andrew Bailey told CNBC.… MORE