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Prime Minister Mark Carney said Thursday that Canada wants expanded economic ties with Saudi Arabia. He made the comments during the first visit by a Canadian prime minister to the kingdom in 25 years.
focustaiwan.twThe Israeli defense firm is in talks with Indian companies to establish a local production line for Iron Dome interceptors. The system is currently manufactured in northern Israel and at a U.S. facility operated with Raytheon.
sbs.com.auSaudi Arabia is advancing a plan to reroute the India-Middle East-Europe Economic Corridor through Syria instead of Israel, according to two sources familiar with the discussions. The Jerusalem Post reported the development.
news.sky.comMP Materials, Energy Fuels and Phoenix Tailings, which have received billions in US government support, are directing rare earth products to Asian buyers. Domestic magnet production capacity remains limited compared with Japan and South Korea.
YonhapThe United States has sent requests for information to three major South Korean shipbuilders about their ability to construct naval vessels. The companies provided details on design capabilities and production capacity last month.
YonhapA South Korean consortium lost a Canadian submarine procurement contract valued at up to 60 trillion won to a German company. The president expressed disappointment but said the bid demonstrated the country's submarine technology.
@FirstSquawk reported that an earth pressure balance shield machine with an 11.16-meter excavation diameter and 105-meter length left the production line in north China's Tianjin. The machine will support Riyadh's Metro Line 2 extension project.
FortuneA Belgian diamond trade group delivered a ring containing 321 diamonds and other gemstones to the U.S. ambassador to Belgium for presentation to the president. The gift follows the removal of U.S. tariffs on polished diamond imports from Antwerp.
rte.ieThe College of European Commissioners met Irish officials in Cork to begin Ireland's six-month rotating presidency. Discussions focused on finalizing the next seven-year EU budget and addressing trade tensions.
Abc NewsSouth Korea's government rejected a House Judiciary Committee report that accused Seoul of discriminatory actions against Coupang. Officials stated the investigation followed domestic law and focused on a data breach affecting millions of customers.
leftfootforward.orgData collected by Statewatch and reported by Al Jazeera shows public institutions across EU countries signed contracts totaling nearly 2.7 billion euros with Israeli firms from January 2022 to July 2025. The number of deals rose after October 2023. Several member states including…
azernews.azThe European Automobile Manufacturers Association urged the European Commission to grant the UK, Turkey, and Morocco targeted exemptions from subsidy and procurement rules that require vehicles and parts to be produced inside the EU. The rules were drafted under the Industrial Ac…
espn.comThe European Commission will cut overall duty-free steel imports by half starting 1 July 2026. Thirteen countries holding free-trade agreements with the bloc receive a smaller reduction of one-third.
msnbc.comFirms linked to the sons of President Trump and Commerce Secretary Howard Lutnick took stakes and earned fees after the families helped secure a tungsten mining contract in Kazakhstan. The $1.6 billion project was signed in November.
themarketherald.com.auAn agreement between the U.S. and Kazakhstan grants American investors access to one of the world's largest untapped tungsten reserves. The deal involves a group of investors with ties to the president and the commerce secretary.
thehindu.comIranian officials dismissed a U.S. crop export pledge, citing concerns over genetically modified products and previous disagreements. The response came after the offer was made public.
israelnationalnews.comIran and Oman issued a joint statement announcing plans to manage commercial traffic through the Strait of Hormuz. The two nations reiterated sovereignty over their territorial waters and commitment to keeping the waterway open.
The Japan TimesIran is contacting refiners in India, Japan, and South Korea after a 60-day U.S. sanctions waiver took effect. The move allows Tehran to resume exports and address a backlog of oil on tankers.
SemaforAIQ, a joint venture of ADNOC and Presight, plans to export its nearly 300 AI tools after six years of use at ADNOC. CEO Dennis Jol outlined priorities including the US during a June 19 event in Abu Dhabi. The move follows the UAE's $1.4 trillion US investment pledge.
Abc NewsAustralia and Canada signed a $1.75 billion agreement on Monday to build an Australian-designed long-range radar system in Canada. The deal marks Australia's largest defense export and covers early warning coverage from the Canada-United States border into the Arctic.
China reduced daily oil imports by roughly one-third while the Strait of Hormuz was closed. State-owned energy companies kept large stockpiles and did not draw on strategic reserves. The import slowdown helped ease global price pressure during the conflict.
al-monitor.comCommercial vessels have started cautious transits through the Strait of Hormuz following an agreement to resume shipping. Companies report ongoing challenges including potential mines and unclear coordination among authorities.
TimeU.S. President Donald Trump and Indian Prime Minister Narendra Modi are scheduled to meet Wednesday at the G7 Summit in France. The meeting follows recent disputes including tariff threats and the deaths of three Indian sailors in the Strait of Hormuz.
President Trump stated Tuesday that the United States will not invest money in Iran under a peace memorandum scheduled for signing Friday. The agreement reopens the Strait of Hormuz, lifts the U.S. blockade of Iranian ports, and sets 60 days of nuclear negotiations.
winnipegfreepress.comAn International Energy Agency report says the Iran war exposed Southeast Asia's reliance on oil and gas imports through the Strait of Hormuz. The agency projects the region's energy import bill could triple to $245 billion by 2035 without faster diversification.
gellerreport.comOrganizers at the Eurosatory exhibition in Paris closed or limited several Israeli defense company booths on June 15, 2026, citing French government restrictions on offensive systems. The Israeli Ministry of Defense called the measures discriminatory.
The U.S. Trade Representative opened a public comment period on proposed tariffs of up to 12.5 percent on imports from 60 economies, citing failure to block goods made with forced labor. The move follows a February Supreme Court ruling that ended an earlier tariff program under t…
BenzingaPresident Trump said he would impose 100% tariffs on French wines and champagnes unless France removes its 3% digital services tax on U.S. tech companies. The warning came ahead of the G7 summit scheduled for Monday in Évian-les-Bains, France.
nippon.comThe United Kingdom and Japan have agreed to £18 billion in new investment focused on infrastructure, financial services, and offshore wind. The package is expected to create tens of thousands of jobs over five years.
koreatimes.co.krUAE officials aim to continue multi-billion-dollar projects in oil production and AI data centers. The Gulf state had been a major trading partner for Iran before recent conflict began.
Foxconn introduced the Cavira electric vehicle through its Foxtron joint venture. BYD reported a 0.3 percent increase in global vehicle sales for May after months of decline. A Canada-China electric vehicle agreement may affect Tesla operations.
cicnews.comOfficials arrested a dual U.S.-Iranian citizen accused of smuggling computer hardware to Iran. The arrest took place at a $35 million California residence that authorities say was purchased with proceeds from the alleged activity.
upi.comThe office released an update stating that certain partners failed to address imports made with forced labor. Some economies would face a 10% tariff while others would face 12.5%. The plan includes exemptions for several food items and metals used in semiconductors.
Substrate placeholder — needs reviewThe United States is proposing new tariffs of at least 10 percent on imports from 60 trading partners. The measures follow an investigation into goods allegedly produced by forced labor.
ESPNThe Golden State Warriors guard left Under Armour in November 2025 and selected the Chinese sportswear company over higher offers from other brands. The agreement covers basketball gear, golf apparel, and athleisure lines.
Al JazeeraBritish Foreign Secretary Yvette Cooper visited China this week, becoming the 26th foreign leader or senior official to do so this year. Leaders from 23 countries across six regions have traveled to Beijing and other cities for meetings on trade, technology and security.
Substrate placeholder — needs reviewThe bank opened in 2024 after a partnership between Whampoa Group and Mumtalakat. It recorded more than $4 billion in deposits and $12 billion in transaction volume during 2025.
france24.comTunisian Foreign Minister Mohamed Ali Nafti said investments in Africa can diversify supply chains disrupted by tensions in the Middle East. He described Tunisia as a strategic gateway for South Korean companies seeking access to African, European, and Middle Eastern markets.
Al JazeeraResearch from the McKinsey Global Institute shows shipments of chips, servers, and networking equipment rose nearly 40 percent last year. The increase accounted for one-third of global trade growth, with U.S. AI-related trade expanding by an estimated $220 billion.
Washington ExaminerGermany is preparing new rules that would reduce payments for innovative medicines. The change comes as other European countries have agreed to higher prices in recent trade talks. Officials in the United States have linked the issue to broader trade negotiations with the Europea…
BloombergCanada will announce an agreement to export liquefied natural gas from a planned British Columbia terminal to Germany. The deal marks the first long-term LNG supply contract between the two countries.
Washington ExaminerThe proposal would link U.S. prescription drug prices to the lowest prices paid by foreign governments. A patient advocate argues the approach could reduce funding for pharmaceutical research and limit patient access to new medicines.
EuronewsIran's foreign ministry announced Monday that it will charge fees for navigational and environmental services in the Strait of Hormuz. Five Gulf states have warned shipping companies not to comply with the new requirements.
thehindu.comKyrgyzstan's Justice Ministry ordered 50 companies to suspend operations after Western governments flagged them for suspected sanctions evasion. The move follows the European Union's 20th sanctions package, which designated Kyrgyzstan a country of concern.
ecns.cnEnvironmental groups filed suit Thursday in the U.S. Court of International Trade against the National Marine Fisheries Service. The complaint alleges the agency has not enforced import rules under the 1972 Marine Mammal Protection Act for seafood from Argentina, Ecuador, India,…
indianexpress.comA week after President Trump met Chinese leader Xi Jinping in Beijing, the two governments released separate statements describing the agreements reached. The statements differ on several topics including agricultural purchases, tariffs, and rare earth minerals.
Al JazeeraVenezuelan Acting President Delcy Rodriguez is scheduled to visit India to discuss oil sales. The trip follows increased Venezuelan crude shipments to India amid supply disruptions from the Strait of Hormuz.
technode.comChinese electric vehicle companies are purchasing unused factory space from Western automakers that are reducing gasoline-car output. The moves allow Chinese firms to build vehicles locally and avoid tariffs.
techcentral.co.zaThe Coega green ammonia project in South Africa has chosen Denmark's Topsoe to supply technology for a $1 billion deal. The agreement covers engineering and equipment for the facility.
Fox NewsThe U.S. president visited Beijing for talks with Chinese officials. The meeting included American business leaders and covered trade and regional issues.
Substrate placeholder — needs reviewThe U.S. president met with Chinese leader Xi Jinping in Beijing last week. Discussions covered Iran, Taiwan, and the global economy. A full readout of the meeting has not been released.
wwd.comU.S. President Donald Trump and Chinese President Xi Jinping met in Beijing last week. The two leaders discussed agricultural purchases and broader bilateral relations.
koreaherald.comU.S. President Donald Trump and Chinese President Xi Jinping discussed North Korea's nuclear program and other regional issues during meetings in Beijing. The White House released a fact sheet outlining agreements on trade, security, and energy transit.
techcentral.co.zaThe administration established the AI Export Program through an executive order in 2025. The program seeks to help American companies compete for contracts to build AI systems in foreign markets. It requires industry consortia to offer complete packages including hardware, softwa…
CoinDeskA7A5, a ruble-pegged stablecoin tied to a sanctioned Russian bank, is positioning itself as a settlement tool for trade with Russia. The token offers faster cross-border payments and yields near 13.5 percent.
cnbc.comPresident Donald Trump and Chinese President Xi Jinping wrapped up two days of meetings in Beijing on May 15, 2026. The talks produced agreements on Boeing aircraft purchases and agricultural products while Taiwan featured only in private warnings from Xi and ambiguous comments f…
Substrate placeholder — needs reviewThe United States and China reached an agreement to reduce tariffs on certain unspecified products to promote bilateral trade. China's Commerce Ministry confirmed the deal, which includes plans for China to purchase American planes and address concerns over agricultural imports.…
thehindu.comThe sitting U.S. president said great deals were struck during a visit to China and described the trip as a historic moment. The president teased additional announcements ahead, stating that a lot of things have happened. The statements were reported by @FirstSquawk on May 16, 20…
financialpost.comOttawa is moving forward with construction of a major oil pipeline that could substantially increase crude exports to Asia. The project forms a central element of Prime Minister Mark Carney's strategy to reduce Canada's economic dependence on the United States. Mark Carney has se…
BBC NewsPresident Trump concluded a two-day visit to Beijing after meeting Chinese leader Xi Jinping. The U.S. leader described the trip as a success and cited new trade deals, though neither side has released specific terms or major agreements.