PRESS AI WORLD

ECONOMY

Trump Proposes Ending Trade Ties with China Over Soybean Issues

Wednesday, Oct 15

Donald Trump threatens to halt imports from China over soybean purchases, labeling the situation an economic hostility.

ECONOMY

EU fines Gucci, Chloe, and Loewe over $182 million for anticompetitive practices

Tuesday, Oct 14

The EU fines Gucci, Chloe, and Loewe over $182 million for anticompetitive pricing practices that restricted retail pricing freedom.

ECONOMY

China Imposes Sanctions on US-Linked Subsidiaries of Hanwha Ocean Amid Rising Trade Tensions

Tuesday, Oct 14

China sanctions five US-linked subsidiaries of Hanwha Ocean, marking another escalation in US-China trade tensions affecting global shipping.

ECONOMY

2025 Nobel Prize in Economics Awarded to Mokyr, Aghion, and Howitt for Research on Innovation

Tuesday, Oct 14

Joel Mokyr, Philippe Aghion, and Peter Howitt win the Nobel Prize for their contributions to understanding innovation-driven economic growth.

ECONOMY

Stocks Rebound as Trump Softens Stance on China Tariffs

Tuesday, Oct 14

U.S. stocks rebound as President Trump eases tensions with China, calming tariff fears and setting the stage for earnings season.

ECONOMY

China's Export Growth Surpasses Expectations Amid Renewed Trade Tensions

Monday, Oct 13

China's exports rebound as import growth hits a high amidst ongoing trade tensions with the U.S.

ECONOMY

Massive Russian Strikes Leave Kyiv in Darkness, Child Killed; Energy Infrastructure Targeted

Saturday, Oct 11

Kyiv experiences widespread blackouts after Russian strikes targeting energy infrastructure, resulting in casualties and chaos.

ECONOMY

Trump administration proposes ban on Chinese airlines flying over Russia to boost US competitiveness

Saturday, Oct 11

The Trump administration has proposed a ban on Chinese airlines flying over Russia, aiming to enhance competitive fairness for US carriers.

ECONOMY

Trump announces AstraZeneca deal for discounted medications, promises savings for Americans

Saturday, Oct 11

Trump reveals a new deal with AstraZeneca to offer substantial discounts on prescription drugs for Americans, continuing efforts to lower drug prices.

ECONOMY

MIT First to Reject Trump Administration's Funding Proposal for Higher Education Reform

Saturday, Oct 11

MIT has officially rejected a Trump administration proposal for funding that demanded reforms in higher education, citing independence and merit-based funding.