CK Hutchison is seeking more than $1.5 billion in damages from Panama, saying the country’s seizure of two ports at opposite ends of the Panama Canal harmed its investments.
T
The Associated PressOriginal★★★★☆2026-08-20 14:01
Closer integration among Shanghai and the provinces of Jiangsu, Zhejiang and Anhui is turning geographic proximity into economic and technological strength. Coordinated supply chains and cross-regional innovation have shortened the path from humanoid-robot research to mass production, while the region’s economy continues to expand.
C
CGTNOriginal★★★☆☆2026-08-20 11:57
Walmart reported strong sales and profits in its latest quarter, helped by $2.9 billion in tariff refunds—one of the largest amounts reported by any company.
C
CNNOriginal★★★☆☆2026-08-20 11:56
Chinese Commerce Ministry spokesperson He Yadong said China and Ecuador have made substantial progress in economic and trade cooperation. Bilateral trade reached $9.83 billion in the first half of 2026, up more than 20% year on year, while the two countries signed agreements covering trade, investment, agriculture, e-commerce and sustainable development.
CCGTNOriginal★★★☆☆2026-08-20 10:45
Norway is preparing for additional tariffs from the Trump administration following trade talks in Washington, according to the top civil servant at the country’s Foreign Ministry.
B
Bloomberg NewsOriginal★★★☆☆2026-08-20 10:30
Russia has sent another grain shipment to Armenia through Azerbaijan, including 2,725 metric tons of wheat, Azerbaijan’s state-run Azertac news agency reported. Since Azerbaijan lifted its transit ban in late October 2025, more than 44,000 metric tons of Russian grain have reached Armenia via its territory.
T
TASSOriginal★★☆☆☆2026-08-20 10:03
Ukrainian Verkhovna Rada member Anna Skorokhod says the suspension of seaport operations has put 61 million tons of grain at risk of being sold abroad. About 90% of grain had been exported by sea, while land corridors and European transit routes could handle no more than 24 million tons, hurting foreign-currency earnings, tax revenue and the economy.
TTASSOriginal★★★★☆2026-08-20 09:27
The Trump administration is poised to lower tariffs on automobiles imported from Canada to 15% from 25% under a broader deal that would also have Canada withdraw retaliatory trade measures, people familiar with the matter said.
BBloomberg NewsOriginal★★★★☆2026-08-20 09:00
China criticized the United States for imposing Section 232 tariffs on drones and related components, saying Washington is using “national security” as a pretext for unilateralism and protectionism. Commerce Ministry spokesperson He Yadong said Chinese drones sold to the US are mainly used for civilian purposes and urged the US to withdraw the measures.
CCGTNOriginal★★★★☆2026-08-20 08:47
Russia has started importing fuel for the domestic market, Deputy Prime Minister Alexander Novak said. Authorities have allowed production of lower environmental-grade fuel and expect conditions to improve significantly as several refineries complete maintenance. Imported AI-92 gasoline was sold on the St. Petersburg exchange on August 19.
TTASSOriginal★★★☆☆2026-08-20 08:03
Ukraine has lost about $2 billion in foreign-currency revenue since its seaports were shut on July 22, according to TASS calculations. Odessa, Chernomorsk and Yuzhny remain idle, with no large foreign commercial vessels entering. Agricultural exports have dropped roughly 60%, while iron ore and metal shipments have nearly stopped.
TTASSOriginal★★★★☆2026-08-20 07:41
CK Hutchison Holdings says it has launched investment-treaty arbitration against Panama, seeking more than $1.5 billion over the loss of its port concessions. It alleges measures taken in 2025 and 2026 ended its contracts and led to the takeover of the Balboa and Cristobal terminals.
C
China News ServiceOriginal★★★☆☆2026-08-20 07:17
Sea Legend Shipping’s CAX China–Europe Arctic Express has made its maiden voyage from Guangzhou’s Nansha Port, opening south China’s first direct shipping route to Europe through the Arctic Ocean. The Northeast Passage cuts transit to Britain’s Port of Felixstowe to 28 days, 14 fewer than the Cape of Good Hope route.
CChina News ServiceOriginal★★☆☆☆2026-08-20 06:40
Maoming, Guangdong, has completed this year’s fresh lychee export season, with its final shipment sent to the United States. Despite a low-yield year, the city exported 8,450 metric tons worth 177 million yuan, with volume up 3.3% and value up 52.6% year on year—both records.
CChina News ServiceOriginal★★☆☆☆2026-08-20 05:31
China’s General Administration of Customs proposed a “4E AEO Cooperation Initiative” at an APEC seminar in Dalian. The plan calls for more AEO-certified companies, broader trade-facilitation measures, expanded mutual-recognition arrangements and more effective cooperation to create a more open, inclusive and resilient regional trade system.
CChina News ServiceOriginal★★★☆☆2026-08-20 02:46
Fortescue, the world’s fourth-largest iron ore miner, said on Thursday that it hoped market conditions for its China trade would return to normal as soon as possible.
R
ReutersOriginal★★☆☆☆2026-08-20 01:20
US President Donald Trump and Canadian Prime Minister Mark Carney voiced optimism that the two countries can finalize a tariff agreement. Negotiators from Washington and Ottawa met in Washington for additional talks.
BBloomberg NewsOriginal★★★★☆2026-08-20 00:30
Canadian and U.S. trade negotiators met on Wednesday after President Donald Trump paused planned 50% tariffs on some Canadian goods for three days. Sources said tariff levels on autos remained a key sticking point.
Iran has almost completely stopped exporting oil to foreign markets, Central Bank Governor Abdolnaser Hemmati said. He stated that the country has foreign exchange reserves and assured Supreme Leader Mojtaba Khamenei that supplies of essential goods and medicines were being provided by the central bank and government.
TTASSOriginal★★★★☆2026-08-19 20:39
A tentative US-Canada trade agreement would reduce tariffs on some Canadian steel and aluminum exports to 25%, according to people familiar with the matter.
BBloomberg NewsOriginal★★★★☆2026-08-19 20:00
Russia’s motor oil supply chain is facing disruptions. Market participants told Kommersant that a broad shortage has not yet emerged, but delivery times have lengthened and prices for some products have risen 40%. The main pressure is on imported oils, while Russian-made products may also be affected by shortages of imported additives and unscheduled refinery repairs after Ukrainian drone attacks.
MMeduzaOriginal★★★☆☆2026-08-19 19:28
Russian authorities expect several oil refineries to return from maintenance soon, significantly improving the fuel market, Deputy Prime Minister Alexander Novak said. The government is monitoring the market daily and working with companies to redirect supplies to regions experiencing shortages.
TTASSOriginal★★★☆☆2026-08-19 18:03
Russia has started importing fuel to increase supplies on its domestic market, Deputy Prime Minister Alexander Novak said. Authorities have also approved rules allowing the production of lower-standard Euro 2, Euro 3 and Euro 4 fuel, while extending the import damper mechanism to diesel.
Canada and the US say they are close to finalising a trade agreement after Prime Minister Mark Carney cited “significant progress” in negotiations. Donald Trump said it would benefit American farmers and manufacturers, but the scope and concessions remain unclear. A planned wave of 50% tariffs on Canadian goods has been paused until the weekend.
B
BBC NewsOriginal★★★★☆2026-08-19 17:47
US President Donald Trump says Washington and Ottawa have reached a “very fair” trade deal that would impose no tariffs on US farmers and businesses exporting to Canada. Officials have not confirmed the full terms, after Trump paused a threatened 50 percent tariff for three days.
The piece argues that Washington has not won its trade battle with China. Although direct imports have fallen, Chinese goods continue to reach the US through third countries, while an undervalued yuan sustains Beijing’s huge trade surplus. The White House’s AI effort to detect rerouted goods is unlikely to restore factory jobs or seriously weaken China’s exports.
TThe GuardianOriginal★★★☆☆2026-08-19 16:42
Mexico’s government said it was seriously concerned by a preliminary U.S. Commerce Department ruling that found dumping in Mexican strawberry exports during the winter.
RReutersOriginal★★★☆☆2026-08-19 15:35
Canadian equities jumped in early Wednesday trading after US President Donald Trump said he would delay new 50% tariffs for three days and indicated that the two sides were close to a trade deal.
BBloomberg NewsOriginal★★★★☆2026-08-19 15:00
Target says a $994m pre-tax tariff reimbursement doubled its second-quarter operating income to $2.6bn from $1.3bn a year earlier. The refund followed a ruling that some of Donald Trump’s import tariffs were unlawful, although the president continues to impose duties through other legal routes.
BBBC NewsOriginal★★☆☆☆2026-08-19 14:47
Donald Trump said a US-Canada deal was close and only paperwork remained, while Mark Carney was more cautious in describing the progress, leaving a new countdown toward Friday’s deadline.
BBloomberg NewsOriginal★★★★☆2026-08-19 14:30
Canada’s midnight tariff deadline is approaching, while the US is playing down the prospect of a last-minute deal. Quebec separatists also say there will be no referendum while Trump is in office.
Donald Trump delayed tariffs on Canada at the last minute after a tentative deal was reached.
Bloomberg News Now rounds up today’s leading stories, including Donald Trump’s pause on 50% tariffs on Canada and Overton’s selection to run the FDA, with updates on global business news throughout the day.
Bloomberg News Now’s audio report features the day’s top stories, including Donald Trump pausing new tariffs on Canada and Overton being tapped to lead the Food and Drug Administration.
US President Donald Trump says he has paused planned 50% tariffs on Canadian imports for three days after Washington and Ottawa reached a trade deal, subject to final documents. He also suggested the controversial Keystone XL pipeline could be revived, while Canadian Prime Minister Mark Carney said work remains.
Donald Trump said the planned 50% tariffs on Canadian goods would be delayed for three days after US and Canadian officials reached a tentative deal, pending documents. He also suggested the controversial Keystone XL pipeline could be revived, without explaining whether it was connected to the tariff agreement.
President Donald Trump said his threatened 50% tariff on a broad range of Canadian goods would not take effect at 12:01 a.m. ET, temporarily sparing about $20 billion in imports.
Donald Trump says the United States and Canada have reached a last-minute agreement to delay 50% U.S. tariffs on Canadian imports. The duties had been set to cover $20 billion in Canadian goods, from hockey sticks to tongue depressors, with tensions potentially rising further if they took effect.
US President Donald Trump said he would delay planned 50% tariffs on a broad range of Canadian goods for three days while the two countries finalise a trade deal. He said the US and Canada had reached an agreement subject to completing documents. Talks include auto tariffs and Canadian provincial restrictions on US alcohol, while Trump said a final deal could revive the Keystone XL pipeline.
US President Donald Trump says the United States and Canada have reached a deal to avert steep tariffs on billions of dollars in Canadian goods. Shortly before a midnight deadline, he said the scheduled 50% duties would be paused for three days, pending final documents.
The Trump administration agreed to postpone 50% tariffs on billions of dollars in Canadian products for three days after high-stakes negotiations in Washington.
U.S. President Donald Trump said Tuesday that he had paused the 50% tariffs on Canadian goods due to begin Wednesday for three days, saying the two countries had reached a deal.
Fortune says the Northern Sea Route could offer China an alternative to the Straits of Hormuz and Malacca as the US-Israel-Iran war has effectively halted shipping through Hormuz and threats affect the Bab el-Mandeb Strait and Red Sea. On August 15, Sea Legend Shipping began a scheduled China-Europe container service via the Arctic route, with voyages taking 20–22 days.
TTASSOriginal★★★★☆2026-08-19 14:28
India’s exports to the US have not been dislodged by President Trump’s tariff wall. The country’s trade surplus with the US, however, has narrowed to $33.8 billion.
BBloomberg NewsOriginal★★★☆☆2026-08-19 13:00
Target reported a second consecutive quarter of comparable-sales growth, saying a merchandising overhaul led by its new CEO was drawing in more customers. The discount retailer also received a $994 million tariff refund.
TThe Associated PressOriginal★★☆☆☆2026-08-19 12:00
The Port of Los Angeles recorded its second-busiest July ever as importers dealt with global supply-chain disruptions and unpredictable tariff policy.
BBloomberg NewsOriginal★★☆☆☆2026-08-19 09:00
Russian diamond shipments to India fell nearly 50% year on year to 1.2 million carats in the first half of 2026, according to Indian commerce ministry data cited by Vedomosti. Their value declined almost 38% to $106.5 million, while June shipments fell fourfold.
TTASSOriginal★★★☆☆2026-08-19 08:41
India’s share of exports to the US has remained largely unchanged after a year of President Donald Trump’s punitive tariffs, despite New Delhi’s efforts to diversify trade through a series of new agreements with other countries.
BBloomberg NewsOriginal★★★☆☆2026-08-19 08:00
Trade between Georgia and Russia exceeded $1.8 billion in the first seven months of 2026, up 20.9% from a year earlier, Georgia’s statistics office says. Russia was Georgia’s second-largest trading partner, accounting for 11.7% of total foreign trade, with exports at about $437.5 million and imports at roughly $1.38 billion.
TTASSOriginal★★★☆☆2026-08-19 07:53
A multimodal express freight train carrying e-commerce goods such as daily necessities and clothing left Wuxi, Jiangsu, for Tianjin, launching the first direct e-commerce service linking the Yangtze River Delta with the Beijing-Tianjin-Hebei region. The rail route is designed to speed turnover, cut carbon emissions and lower operating costs through closed-loop logistics management.
CChina News ServiceOriginal★★☆☆☆2026-08-19 06:40
Oil prices rose for a fourth consecutive day on Wednesday as investors assessed conflicting signals from Tehran and Washington over whether the Strait of Hormuz remains open to shipping.
RReutersOriginal★★★★☆2026-08-19 05:15
Shipping through the Strait of Hormuz slowed on Wednesday, data showed, as most shipowners avoided the key waterway amid a lack of clear signals on reopening it after a blockade during the Iran war.
The Food Foundation warns that the UK’s reliance on imports leaves it exposed to food price shocks. About 40% of food is imported, including 80% of fruit and 47% of vegetables, while many supplier countries face greater climate risks. The charity is urging the government to help farmers adapt and raise domestic production.
TThe GuardianOriginal★★★☆☆2026-08-19 05:00
U.S. President Donald Trump said the 50% tariffs on Canada due to take effect Wednesday had been paused for three days, asserting that the two countries had reached a deal pending final documents. The proposed duties would cover about $20 billion in Canadian imports, including dairy, alcohol and furniture. Prime Minister Mark Carney’s office had not immediately commented.
CCGTNOriginal★★★★☆2026-08-19 02:16
More than 500,000 barrels of Venezuela’s roughly 1.25 million barrels-per-day output are now being sent to US Gulf Coast refineries, a senior US official says. Venezuelan officials report rising production, while a think tank raises concerns about Washington’s control and undisclosed use of oil revenues.
AAl JazeeraOriginal★★★★☆2026-08-19 02:00
India has requested consultations with the United States at the World Trade Organization over White House tariffs on some quartz products. The move adds another point of friction between the countries as they remain without a trade deal.
BBloomberg NewsOriginal★★★☆☆2026-08-19 01:00
Bank of America says Nvidia shares could be trading at a discount of as much as 50% because investors are overstating risks tied to the artificial-intelligence chip leader.
BBloomberg NewsOriginal★★☆☆☆2026-08-19 00:00
The Trump administration is lowering expectations for a last-minute agreement with Canada that would avert new tariffs due to take effect Wednesday, according to people familiar with the matter.
BBloomberg NewsOriginal★★★★☆2026-08-18 21:00
Canadian Prime Minister Mark Carney and US President Donald Trump spoke by phone as negotiators sought a last-minute agreement to prevent 50 percent US tariffs on about $20bn in Canadian imports. Experts and business officials warn the measures could cause job losses and closures in sectors including lumber, wine and dairy, while complicating wider USMCA negotiations.
Canadian Prime Minister Mark Carney spoke with U.S. President Donald Trump on Monday, Carney’s office said. Canada is seeking a last-minute deal to prevent new 50% tariffs from taking effect at midnight on Wednesday.
The United States and Canada are holding last-minute talks to prevent U.S. tariffs on Canadian goods. Relations could worsen at 12:01 a.m. Wednesday if Donald Trump proceeds with a plan to impose 50% tariffs on $20 billion worth of Canadian products.
Canada is racing to reach a deal with the Trump administration on Tuesday, before a midnight deadline, to avert a 50% tariff on billions of dollars in exports to the US.
Despite tighter sanctions, countries continue importing Russian fossil fuels, with LNG helping sustain revenue for the Kremlin. The article examines whether Ukraine could disrupt those exports before they reach consumers, including by targeting shipping linked to Russia’s Arctic LNG facilities, which rely on a limited number of specialized ice-class vessels.
TThe Kyiv IndependentOriginal★★★★☆2026-08-18 18:23
Russian President Vladimir Putin said there are good prospects for exporting liquefied natural gas to Myanmar, both for domestic use and transit to neighboring countries. Russia and Myanmar are also discussing a deep-water seaport on Myanmar’s southern coast for large vessels, along with other industrial and transport projects.
TTASSOriginal★★★☆☆2026-08-18 17:50
Chen Zhigang, chairman of the St. Petersburg branch of the Chinese Association of Entrepreneurs in Russia, says Chinese companies are increasingly supplying intermediate goods to Russia and integrating into its import substitution program. He described this as a new, high-quality phase of bilateral trade and investment cooperation focused on localizing production in Russia.
TTASSOriginal★★★☆☆2026-08-18 15:32
Chinese Ambassador to Russia Zhang Hanhui said China-Russia relations are developing steadily and at a high level. He said the two countries should further expand exchanges of experience and cooperation, following the strategic course outlined by their leaders.
Chinese Ambassador to Moscow Zhang Hanhui said the importance of energy cooperation between China and Russia is steadily increasing, with Russia now China’s largest supplier of oil and natural gas. He cited pipeline transport as a particular advantage amid tensions in the Strait of Hormuz and said the Power of Siberia gas pipeline is operating at full capacity.
A Russia-Myanmar business forum will be held in Moscow on August 19 during Myanmar President Min Aung Hlaing’s visit to Russia. Discussions will cover investment, doing business in Myanmar, tourism, expanded bilateral trade and new products for both markets.
TTASSOriginal★★☆☆☆2026-08-18 15:04
Economic Development Minister Maxim Reshetnikov said Russia is prepared to expand supplies of mineral fertilizers, petroleum, engineering and agricultural products to Myanmar, while increasing imports of light-industry and agricultural goods from the country. He said bilateral cooperation is entering an investment phase.
TTASSOriginal★★★☆☆2026-08-18 14:11
Russia’s agricultural exports to China climbed 44% year-on-year to $4.9 billion in the first half of 2026, Agroexport head Ilya Ilyushin said at a forum in Kazan. Frozen fish, soybeans, sunflower oil and pork were among the sectors reporting higher revenues.
TTASSOriginal★★★☆☆2026-08-18 13:48
Agricultural trade between Russia and China increased 34.4% year on year in January-July 2026, Agriculture Minister Oksana Lut said. She noted that both countries’ imports and exports are growing, following a 21% rise in bilateral agricultural trade in 2025.
Russia’s fish and seafood exports to China rose 14% by volume and 54% by value year on year in January-July 2026, reaching about 844,000 tons worth more than $2.4 billion. Frozen fish, crustaceans and fishmeal recorded the largest absolute revenue gains, while total exports hit a record for the period.
TTASSOriginal★★★☆☆2026-08-18 12:31
Russia’s non-resource, non-energy exports grew 6.7% year on year in the first half of 2026, according to government figures citing Industry and Trade Ministry data. Industrial product exports rose 5.25% in nominal terms. Manufacturing wages increased nearly 12% in the first five months, while officials said looser monetary policy could revive industrial activity.
TTASSOriginal★★★☆☆2026-08-18 08:57
New New Shipping CEO Ke Jin said the Chinese logistics provider wants to work with Russian shipowners to jointly build specialized vessels, including bulk carriers and semi-submersibles, for Russia-China logistics. He highlighted Arctic operations, saying the company will call at Murmansk for the first time this year and at Arkhangelsk for a fourth consecutive year.
TTASSOriginal★★☆☆☆2026-08-18 08:41
Thailand is eager to begin negotiations with Russia on a free trade agreement between Bangkok and the Eurasian Economic Union as soon as possible, Deputy Prime Minister and Foreign Minister Sihasak Phuangketkeow told TASS. He said the issue was discussed with counterparts during his visit to Russia and could help accelerate the process.
TTASSOriginal★★★★☆2026-08-18 08:11
The sanctions-monitoring NGO Urgewald says Greek shipping company Dynagas delivered €2.35 billion in Russian LNG to EU customers in the first seven months of 2026. It accounted for 35% of LNG shipped from Russia’s Yamal terminal to the EU—about 22% of all Russian LNG exports—after EU leaders agreed to exempt it from sanctions.
TThe Kyiv IndependentOriginal★★★★☆2026-08-18 08:05
The China-Laos Railway has transported more than 90 million metric tons of cargo since operations began, including over 21 million tons in cross-border shipments. It has run more than 80,000 freight trains, with daily cargo averaging above 67,000 metric tons since the start of 2026.
CChina News ServiceOriginal★★★☆☆2026-08-18 08:02
The comeback of a Canadian auto billionaire highlights the limits of Donald Trump’s tariff strategy. Separately, higher gas prices have pushed inflation to 3%.
BBloomberg NewsOriginal★★★☆☆2026-08-18 08:00
Canadian officials are making a last-ditch attempt to win relief from proposed 50 percent US tariffs as trade talks enter their final hours. The duties would target about $20.2bn in exports, including electronics, machinery, furniture, dairy and wine. Prime Minister Mark Carney described negotiations with Donald Trump’s administration as “delicate” and “intense”.
HSE University associate professor Anna Fedyunina said Russia’s restrictions, introduced in stages from late May through June, will have a pronounced effect on Armenian exports in the second half of 2026, especially seasonal shipments of berries, vegetables and fruit. Armenian exports to Russia fell about 4.6% year-on-year in the first five months.
TTASSOriginal★★★☆☆2026-08-18 05:14
Russia’s fish and seafood export revenue could stay near the 2025 level of about $6 billion in 2026, Federal Agency for Fishery head Ilya Shestakov said. He attributed the outlook to rising prices, particularly for pollock, after Russia exported 2.1 million metric tons worth more than $6 billion in 2025.
TTASSOriginal★★★☆☆2026-08-18 05:10
Singapore’s United Overseas Bank has appointed Tan Choon Hin as head of ASEAN and Greater China, with the new position taking effect on September 1, the bank said in a statement.
RReutersOriginal★★☆☆☆2026-08-18 04:10
President Donald Trump and Canadian Prime Minister Mark Carney spoke by phone Monday about trade negotiations, just over 24 hours before the US is set to impose punishing new tariffs on Canadian products. The talks are stalled over tariffs affecting the auto sector.
BBloomberg NewsOriginal★★★★☆2026-08-18 04:00
Oil made up 46.5% of Kazakhstan’s total exports in the first half of 2026, down from 52.9% a year earlier. Disruptions at the Caspian Pipeline Consortium linked to drone attacks and lower domestic production contributed to the decline, while copper and other raw-material exports gained share. China became Kazakhstan’s leading export partner, ahead of Italy.
TTASSOriginal★★★☆☆2026-08-18 03:33
Interest in the Northern Sea Route is increasing among India, South Korea, Southeast Asian countries and the UAE, Russian Far East and Arctic Development Minister Alexey Chekunkov told TASS. More companies are considering regular shipping on the Arctic route, with geopolitical tensions encouraging interest in alternative transport corridors.
TTASSOriginal★★☆☆☆2026-08-18 02:35
The United States has expanded its UFLPA Entity List to include Chinese consumer brands such as ChaCha Food and Synear Dumplings. US scholar Josef Gregory Mahoney calls the move political posturing and economic coercion, arguing that the stated human rights concerns are a political fig leaf for shifting domestic governance crises, bridging divisions and serving electoral interests.
CChina News ServiceOriginal★★★☆☆2026-08-18 01:37
U.S. and Canadian trade negotiators were working to resolve differences over a possible cut in President Donald Trump’s tariffs on Canadian vehicles to 15%, after certain value-content deductions, three sources familiar with the talks said Monday.
RReutersOriginal★★★★☆2026-08-17 21:45
The White House is taking steps to better protect the US solar industry, while facing an uphill battle to build a sector that can compete with China.
BBloomberg NewsOriginal★★★☆☆2026-08-17 16:30
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.