9 h. ago Foreign Investment in Europe Tumbled Even Before US Trade War

A measure of foreign direct investment in Europe sank to a nine-year low in 2024, underscoring the continent’s struggle to lure business even before US President Donald Trump’s trade war darkened the economic outlook.

Economics

20 h. ago I Squared Capital and PIF Sign Memorandum of Understanding to Launch Dedicated Middle East Infrastructure Fund

RIYADH, Saudi Arabia & MIAMI — I Squared Capital, a leading independent global infrastructure investment manager, and PIF have signed a non-binding memorandum of understanding (MoU) to establish a dedicated infrastructure investment strategy focused on the Middle East. This strategic collaboration aims to accelerate investment into key infrastructure sectors across the region, promote foreign direct […]

Economics

33 h. ago Oil Steadies After Rally Fueled by Trade Optimism, Iran Remarks

Oil steadied after the biggest four-day rally since October, spurred by trade-war optimism and US President Donald Trump’s increasingly hostile rhetoric on Iranian supply,

Economics

36 h. ago Asia Stocks Set to Extend Rally as Trade War Cools: Markets Wrap

Stocks in Asia are poised to extend this week’s rebound after US benchmarks wiped out 2025’s losses on signs that President Donald Trump’s trade war is cooling and as inflation data showed limited impacts so far.

Economics

42 h. ago Farmers weigh Trump’s trade war like they watch the weather, waiting to see how things go

WAVERLY, Minn. (AP) — Minnesota farmer Dan Glessing isn’t ready to get too upset over President Donald Trump’s trade wars. Farm country voted heavily for Trump last November. Now Glessing and many other farmers are taking a wait-and-see attitude toward the Republican president’s disputes with China and other international markets. China normally would buy about […]

Economics

44 h. ago Ontario to permanently cut gas tax and remove tolls on part of Highway 407

In response to the ongoing trade war between Canada and the U.S., the provincial government is planning to permanently cut the gasoline and fuel tax rates, noting that the move would save households $115 per year on average going forward. The Ford government is also proposing to remove tolls from the provincially owned Highway 407 East, which is expected to save daily commuters approximately $7,200 every year. "I know that families and business owners are worried about rising costs, especially as U.S. tariffs threaten to raise the price of everyday essentials," said Premier Doug Ford."That's why we're cutting the gas tax permanently and taking tolls off Highway 407 East, and that’s why we'll always keep looking for ways to put more money back into the pockets of Ontario families."Ontario temporarily cut the gasoline tax rate by 5.7 cents per litre and the fuel tax rate by 5.3 cents per litre back in July 2022, and has since e...

Economics

44 h. ago Microsoft among software stocks offering haven in tariff chaos

As the Trump trade war clouds the economic outlook, software has dramatically outperformed this year relative to the rest of tech

Economics

44 h. ago US Stocks Edge Higher as Ebbing Consumer Prices Buoy Optimism

US stocks crept higher on Tuesday, boosted by optimism following a pause in the trade war between the US and China and signs of easing inflation.

Economics

53 h. ago China presents a united front with Latin America, aiming to counter Trump’s trade war

TAIPEI, Taiwan (AP) — China is moving to strengthen its alliances with other countries as a counterweight to President Donald Trump’s trade war, presenting a united front with Latin American leaders at an event Tuesday in Beijing. China’s leaders have positioned the world’s second-largest economy as a reliable trade and development partner, in contrast to […]

Economics

62 h. ago Travel to the U.S. takes another hit in April as Canadians vacation elsewhere

Travel to the United States took another hit in April with booking agents saying an “elbows up” attitude over the trade war has Canadians pulling back. Canadian residents returning by automobile from the U.S. in April fell on a year-over-year basis for the fourth consecutive month, preliminary numbers released by Statistics Canada showed Monday. The […]

Other

65 h. ago Canadian businesses in ‘a bit of a holding pattern’ amid trade war, recession fears: Léger poll

Senior business leaders want the federal government to prioritize trade diversification and reducing interprovincial trade barriers

Economics

3 d. ago Toyota Faces Biggest Hit From Trump Tariffs Among Auto Companies

Toyota Motor Corp. is the biggest carmaker in the world — and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s trade war.

Economics

3 d. ago Toyota Faces Biggest Hit From Trump Tariffs Among Automakers

Toyota Motor Corp. is the biggest carmaker in the world — and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s trade war.

Economics

3 d. ago Trump’s Thirst for Cheap Oil Irks an Industry He Loves to Praise

Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 fix, but President Donald Trump’s trade war has upended supply chains, and he wasn’t sure the part would even be available.

Other

5 d. ago Mr. Carney goes to Washington: FP Video unpacks the meeting and where tariffs go from here

Watch CEOs, executives and a lawyer on what could happen next in the trade war

Economics

5 d. ago Rising unemployment a ‘harsh reality’ of the trade war, experts say

Canada's job market continues to show weakness amid the trade war and companies are slowly shedding jobs to reduce the financial impacts of tariff policies.

Economics

5 d. ago Air Canada lowers financial forecast as U.S. bookings fall sharply amid trade war

MONTREAL — Air Canada lowered its financial forecast for the year as travellers continue to shy away from trips to the United States amid cross-border tensions, pushing the country’s largest airline to hunt for demand elsewhere. The company’s transborder bookings have dropped at least 13 per cent — “in the low teens” — for the […]

Economics

5 d. ago DP World Signs Agreement to Launch $760M Port & Free Trade Zone in Dominican Republic

Expansion to boost cargo capacity, attract $3.9 billion in foreign investment, and position Dominican Republic as a regional nearshoring and trade hub SANTO DOMINGO, Dominican Republic, May 09, 2025 (GLOBE NEWSWIRE) — DP World has signed a landmark US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port […]

Economics

5 d. ago Looking to buy a house in Canada amid trade war? What RBC report is telling us about the real estate market

Trade war anxiety and a looming threat of recession have led to notable shifts, according to economists

Economics

5 d. ago Onex recoups its investment in WestJet with sale of 25% stake to foreign airlines

The next step could involve public markets, says CEO

Transport