Trump threatens to block Bombardier sales in US

8 min agoStarting Tuesday, companies must post cash deposits equal to 99.2% of the value when importing the chemical from Japan, according to Beijing's Commerce Ministry. China said the Japanese imports were priced artificially low. Japan's chief cabinet secretary said the government would work to prevent unfair harm to Japanese companies.

24 min agoWith the midterm elections two months away in November, President Donald Trump's low approval ratings are imperiling Republican chances of maintaining their narrow majorities in Congress. Midterm elections typically serve as a referendum on the sitting president, according to election experts.

53 min agoPresident Donald Trump threatened Monday to block US sales of Canadian aircraft maker Bombardier unless it shifts production to the country, citing "unjust and unfair" bilateral trade provisions. The threat comes as Canada prepares to impose retaliatory tariffs on US goods beginning Tuesday, and marks the second major action by Trump against the manufacturer this year.

1 h agoUrsula von der Leyen, the European Commission president, announced 200 million euros in Greenland investments during a visit to the Arctic territory. The EU has proposed doubling direct aid to Greenland under its next budget, with funds targeting critical minerals, satellite communications and renewable energy.

1 h agoOil prices climbed on Tuesday as Iran threatened retaliation against U.S. attacks, raising concerns about prolonged disruption to shipments through the Strait of Hormuz. Brent crude futures rose to $97.34 a barrel and U.S. West Texas Intermediate to $92.63, with Goldman Sachs raising its price forecasts for late 2026 and 2027.

1 h agoMoscow's three-day ceasefire, which President Vladimir Putin had ordered, ended late Monday with fresh strikes against the capital. The pause had aligned with diplomatic visits to both countries by Trump administration envoys Steve Witkoff and Jared Kushner, who were seeking pathways to peace.

2 h agoRuslan Kravchenko, Ukraine's prosecutor general, submitted his resignation Monday, citing political reasons and saying the position should not be used as an instrument of political confrontation. Anti-graft agencies NABU and SO uncovered a criminal organisation dealing with fraudulent call centres allegedly arranged by an official within the Prosecutor General's Office, though Kravchenko denied involvement.

3 h agoThe 95-year-old former Formula One chief was held at an airfield in Cascais after authorities found a shotgun in his luggage during a routine inspection following his arrival from Switzerland. Ecclestone said he was carrying the weapon to practice clay pigeon shooting but lacked the required documentation to transport it into Portugal.

3 h agoThe Panama Canal has reduced maximum daily ship transits from 36 to 32 by mid-September as drought from El Nino lowers reservoir levels. The new administrator said further cuts to around 29 slots per day may be needed in February or March if the drought persists.

4 h agoUS envoy Steve Witkoff said weekend discussions with Ukraine and Russia showed progress and raised the prospect of reviving three-way peace talks. Ukrainian authorities sounded air-raid sirens in Kyiv on Tuesday morning after a three-day pause in Russian attacks that coincided with visits by US envoys to Moscow and Kyiv. Ukrainian MP Lisa Yasko said Ukraine does not trust the talks.