The International Energy Agency says electric vehicle sales are expected to reach 23 million this year despite a slump in the first quarter.
The U.S. met coal producer reported a $18.3 million loss as weak global steel prices weigh on demand and margins.
Attorney General Ken Paxton claims that major companies could be manipulating the beef market to underpay ranchers.
Price pressures persist for U.S. firms because of soaring global energy costs.
GM and Ford included expected tariff refunds in their first-quarter earnings results.
The war in Iran and tariffs remain top of mind for U.S. manufacturers.
The company’s shares rose more than 10 percent in early morning trading.
France last year launched Europe’s first pilot line for the recycling and manufacturing of rare-earth magnets in Grenoble to reduce reliance on Chinese imports.
Trump raised the prospect of U.S. control over Hormuz oil flows as Iran has throttled the critical maritime shipping lane, sparking a global energy crisis.
Crude jumped to multiweek highs after Trump threatened Iran war escalation, unsettling markets and raising fears of prolonged supply disruptions.
Markets rallied after Trump said the United States could leave Iran within weeks, easing fears of a prolonged conflict and supply disruptions.
Amid the Iran War, the need to produce new high-tech watercraft has become increasingly important, executives say.
Investor sentiment weakened as Iran denied negotiations and renewed strikes with Israel, keeping oil elevated and equities under pressure.
The adjustment is expected to make it easier to import from the United States, Canada and Europe, where lower flashpoint standards apply.
The two nations seek to discuss the feasibility of ‘border-adjusted price floors,’ starting with a select group of critical minerals.
Energy costs for ships have increased substantially since the start of the conflict.
China has increased its seaborne oil imports from Russia by 50 percent.
The IMF says China’s export-driven growth and state support are widening trade imbalances and increasing pressure on global partners.