China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer’s further expansion into refining and petrochemicals,
BUSINESS
Trump’s tariffs on Mexico, Canada and China are in effect — all the products Americans can expect to pay more for
Goods from China face at least a 20% tariff, while imports from Mexico and Canada are being hit with a 25% levy.
Illumina Stock Slammed As China Retaliates Against Trump’s Tariffs
Illumina stock skidded Tuesday after China signaled it would ban the company from importing its gene-mapping products.
$1.4 Billion In Stolen Crypto From Bybit Hack Is Not Coming Back
Hackers who managed to run off with $1.4 billion in stolen Ethereum from the Bybit exchange have already converted most of the funds into Bitcoin. That is according to experts at several blockchain …
Why is the crypto market down today? Trump’s tariffs cause trouble
Bitcoin plummets to $83,591, reversing gains from Trump’s U.S. crypto reserve announcement amid global market uncertainty.
China retaliates against new Trump tariffs, showing it’s not desperate for a deal yet
China’s new agriculture-focused tariffs on US imports shows Beijing isn’t in a hurry to reach a deal on the trade war.
This budget business class delivers bang for your buck where it counts
While there may not be brand-name products or cutting-edge tech, this underdog airline delivers bang for your buck where it counts.
Illumina Stock Drops as China Bans Imports of Gene Sequencing Technology
Illumina stock slid on Tuesday after China banned imports of the biotech’s gene sequencing machines as part of a broader retaliatory response to U.S. tariffs. Shares of Illumina slipped 3.6% to $81.16 as President Donald…
Cotton Prices Fall to Four-Year Low After China Hits U.S. Exports With Tariffs
Prices for cotton—one of the commodities targeted by 15% retaliatory tariffs China has set for next week—shed another 3% in morning trading and haven’t been so low since the summer of 2020. The U
Crypto officially enters bear market after losing $1 trillion since December
According to The Kobeissi Letter, crypto markets have now lost $1 trillion in market cap since Dec. 18, marking a 26% decline from all-time highs. Treasury Secretary Scott Bessent hinted at possible …
Crypto Market Nears ‘Extreme Fear’ as Bitcoin Drops Below $84K in $500B Sell-Off
The crypto market hit hard as Bitcoin drops below $84K in a $500B sell-off, driven by CME futures gap corrections and global trade tensions.
Brace Yourself: Everyday Items That Will Cost More Due to New Tariffs on China, Mexico, and Canada
Americans will be paying more for everything from avocados to smartphones. These tariffs, which place higher taxes on goods brought into the U.S., are driving up costs for businesses—and those costs …
Factbox-China Imposes New Curbs on U.S. Firms as Trade Row Grows
Headquartered in Virginia, Leidos develops hypersonic weapons. In December, the U.S. Air Force awarded the aerospace firm a $987 million contract for F-16 fighter jet support to the Taiwanese military …
