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Warren Buffett announces retirement from leading Berkshire Hathaway

Billionaire shocked audience of investors with disclosure and said his vice-chair, Greg Abel, should take over

Latest Business

Musk stepping back from government work amid plummeting Tesla sales

Elon Musk said in an earnings call Tuesday that he will turn more of his attention to Tesla starting next month.

White House is ‘close’ on Japan, India tariff agreements — but expect them to be light on specifics

One person close to the White House said that it “may take months to hammer out the final deals.”

Fast fashion e-commerce sites Temu and Shein say they're raising prices because of tariffs

Both sites say U.S. customers will see higher prices starting next week

Pity American firms in China. Xi Jinping is hitting back

From Apple and Boeing to Nike and Starbucks, there is a lot of money at stake

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Trump says China 'reneged' on Boeing deal as tensions flare

Washington (AFP) – US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.

China urges US to 'completely cancel' tariffs

China, which has retaliated with 125% tariffs, called for a "return to the right path of mutual respect".

EU puts US counter-tariffs on hold

This comes after President Donald Trump authorized a 90-day pause on tariffs above 10%

Chinese companies could be removed from US stock markets – treasury secretary

Washington is also considering imposing even higher tariffs on goods from the country, Scott Bessent has said

EU hits back against Trump with $23 billion US in tariffs on U.S. goods

Members of the 27-country bloc repeated their preference for a deal to settle trade issues

Zimbabwe to scrap tariffs on US goods

The African nation’s leader says his government prefers to foster friendly relations with all countries rather than take a hostile stance

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