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China

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US tariffs threaten Italy’s farm exports, from Prosecco to Parma ham
Italy farm lobby worried about US tariffs on cheese and ham

ROME, Italy: Italy's agricultural sector is bracing for a major hit as U.S. tariffs threaten exports of iconic products like Prosecco...

China’s factory slump continues, raising stimulus calls
China's manufacturing activity contracted in February

BEIJING, China: China's manufacturing sector is expected to shrink for a second consecutive month in February, signaling continued...

Chinese nationals accused of hacking US government, newspapers to get data on dissidents

(CN) - The Justice Department announced Wednesday indictments against a dozen Chinese nationals, claiming they worked to steal data...

Update: China to impose additional tariffs on some Canadian products after anti-discrimination probe
Update: China to impose additional tariffs on some Canadian products after anti-discrimination probe

This photo taken on April 25, 2024 shows a new energy vehicle (NEV) produced by BYD, China's leading NEV manufacturer, at a plant of...

US lawmaker backs tariffs, calls for changing Chinas trade status
US lawmaker backs tariffs, calls for changing Chinas trade status

WASHINGTON —  Calls to revoke China’s Permanent Normal Trade Relations (PNTR) status have grown louder in recent months. In a memo...

China fires back in trade war with tariffs on Canadian goods
China fires back in trade war with tariffs on Canadian goods

Beijings new taxes on food and agriculture follow Ottawas duties on Chinese EVs, steel, and aluminum China has announced steep tariffs...

Business

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Reynolds Wrap faces lawsuit over false 'Made in USA' claim.
Reynolds Wrap maker to face lawsuit over 'Made in USA' claim

NEW YORK CITY, New York: The company that makes Reynolds Wrap aluminum foil is facing a lawsuit for allegedly misleading consumers...

Piaggio hits record profit margins in 2024 despite economic challenges
Vespa maker Piaggio posts record margin despite 'anomalous' economy

PONTEDERA, Italy: Italy's Piaggio, the maker of the iconic Vespa scooter, reported record-high core profit margins for 2024 despite...

Wall Street climbs wall of worry over trade tariffs
U.S. stocks bounce back after faulty start Friday

NEW YORK, New York - U.S. stocks fell sharply at the open and stayed in the red for much of the day Friday, however as the day wore...

Euro jumps to highest level since 2009 as U.S. dollar sinks
U.S. dollar slide continues, euro hits 16-year high

NEW YORK, New York - The U.S. dollar continued to come under pressure Friday with President Donald Trump's flip flops on trade tariffs,...

Nordstrom beats holiday sales forecasts, CFO departs for Starbucks
Nordstrom beats holiday-quarter sales estimates; CFO joins Starbucks

SEATTLE, Washington: Nordstrom delivered stronger-than-expected holiday-quarter sales and announced a leadership shakeup, with Chief...

Prada keeps acquisition options open, CEO Andrea Guerra says
Prada CEO hints at acquisitions amid Versace, Jimmy Choo rumors

MILAN, Italy: Prada CEO Andrea Guerra suggested this week that the Italian luxury brand is keeping its options open regarding potential...