Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.China's retaliation intensified the economic turmoil unleashed by Trump's tariffs
The global economy is bracing for renewed turbulence following U.S. President Donald Trump’s announcement on Wednesday of sweeping new tariffs, triggering fears of a global trade war and sparking immediate market and political reactions.According to the White House, the new measures include a 10% minimum tariff on most imported goods, with certain products - particularly those from major U.S.
OceanWings has received a Type Approval Design Certificate (TADC) from DNV, marking a major milestone in the industrial validation of the company’s automated wingsail propulsion system.The certificate confirms that the design of the rigid OceanWings system, in both its tiltable and fixed configurations, meets DNV’s rigorous technical and regulatory standards for safety, reliability, and operation.
Brad Adams, co-founder of Subsea Estate in Western Australia, has just retrieved vats of his latest wine from the seabed just off the coast of Augusta.Partnered with wife and co-founder Jodee Adams and chief wine maker Emmanuel Poirmeur, he is creating a product unique in the southern hemisphere.
Indian Prime Minister Narendra Modi and French President Emmanuel Macron visited the CMA CGM Group headquarters in Marseille during Modi’s state visit to France. Rodolphe Saadé, Chairman and CEO of CMA CGM, welcomed both leaders for discussions on strengthening economic ties and advancing the India-Middle East-Europe Economic Corridor (IMEC).
Anti-whaling activist Paul Watson will remain in detention in Greenland where he has been held since July while Denmark decides whether to extradite him to Japan, local police said on Wednesday.U.S.-Canadian Watson, 73, founder of the Sea Shepherd conservationist group and of the Captain Paul Watson Foundation
French military personnel have boarded the oil tanker Boracay, which is suspected of belonging to the so-called shadow fleet involved in the Russian oil trade, French media reported on Wednesday.French authorities have been tight-lipped about the vessel, which is currently at anchor near the western city of Saint Nazaire.
French high-tech industrial group Exail Technologies on Wednesday reported a 52% rise in second-quarter sales, as geopolitical tensions fuel military spending in Europe.The underwater drone maker reported quarterly revenue of 126 million euros ($148 million), boosted by programmes to counter mines and solid navigation system deliveries.
The Dutch city of The Hague will host the NATO summit next week, with tight security in place as it welcomes around 6,000 delegates and world leaders from 32 countries, including U.S. President Donald Trump, French President Emmanuel Macron, and U.K. Prime Minister Keir Starmer.The Dutch navy will deploy seven frigates and Belgium will contribute one navy vessel to monitor all activity at sea
The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 illegal refining sites during a two-year crackdown, it said on Thursday.Rampant oil theft from pipelines and wells has crippled Nigeria's oil industry in recent years, damaging government finances and stifling exports.
French President Emmanuel Macron on Tuesday (June 10) met with leaders of Pacific island nations on the sidelines of a United Nations ocean conference in the southern French city of Nice.Macron discussed the impacts of climate change to the Oceania nations, one of the regions most prone to rising sea levels
Anti-whaling activist Paul Watson, detained in Greenland and awaiting possible extradition to Japan, has appealed to President Emmanuel Macron for political asylum in France his Captain Paul Watson Foundation said on Wednesday.US.-Canadian Watson, 73, founder of the Sea Shepherd conservationist group, was stopped by police when his ship docked at the port of Nuuk in Greenland on July 21.