In a significant turn of events in the fraught U.S.–China economic relationship, President Donald Trump announced a reduction in tariffs on Chinese imports after a face-to-face meeting with Chinese President Xi Jinping in Busan, South Korea. The encounter marked their first in person since 2019 and...

The U.S. Senate on Tuesday passed a resolution by a 52-48 vote aimed at terminating the 50 percent tariffs imposed on Brazilian imports under a national-emergency declaration issued by President Trump. Five Republican senators crossed party lines to join all Senate Democrats in backing the...

A Reuters investigation reveals how the Trump family has built a vast, globe-spanning network of cryptocurrency ventures, transforming their business empire into one of the most lucrative and politically sensitive financial machines in modern U.S. history. The centerpiece of this transformation is...

Global markets are once again bracing for a familiar spectacle — high-stakes negotiations between Washington and Beijing that could alter the course of world trade. As President Donald Trump and China’s Xi Jinping prepare to meet, investors are showing a mix of optimism and restraint. The past has...

In the shadowed logistics of global oil trade, paperwork and policies often matter more than pipelines and pumping stations. When sanctions sought to choke off Iranian and Russian energy revenues, an under-the-radar layer of maritime services — most crucially, insurance — provided a way for cargoes...

India’s largest private refiner, Reliance Industries Ltd. (RIL), is reportedly preparing to cut purchases of Russian crude oil in light of new U.S. sanctions on Russia’s major oil producers. RIL has been one of the biggest buyers of crude from Rosneft and Lukoil, but the tightening of sanctions by...

Europe’s top financial official has delivered a sharp warning about the growing barriers that prevent the continent’s banks from merging and achieving global scale. EU Commissioner for Financial Services Maria Luís Albuquerque said that political and legal hurdles in member states such as Germany...

In Kuala Lumpur, top economic officials from the United States and China embarked on high-stakes negotiations as both powers seek to avert an all-out trade war and steer the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping toward a constructive outcome. Their...

Each October, across the occupied West Bank, the olive harvest signals more than a seasonal agricultural routine—it carries deep cultural, economic and social significance for Palestinian communities. This year, as growers like those in the village of Turmus Ayya began gathering fruit from their...