OTTAWA (Reuters) -Canada plans additional retaliation for U.S. President Donald Trump's auto tariffs and reciprocal tariffs on U.S. trading partners scheduled for early April. Canadian Prime Minister Mark Carney said on Thursday he had not yet determined what actions Canada might take, however. Trump already imposed 25% tariffs on goods that did not comply with the U.S.-Mexico-Canada free trade agreement...

11:18 AM EDT, 03/28/2025 (MT Newswires) -- The UK's Competition and Markets Authority is consulting on whether to accept commitments from five airlines to resolve competition concerns over their transatlantic cooperation, the regulator said Friday. British Airways, Iberia, Aer Lingus, American Airlines ( AAL ) , and Finnair coordinate on UK-US flights under the Atlantic Joint Business Agreement. The proposed...

(Reuters) - Russia's leading tanker group Sovcomflot's saw transportation volumes drop around 16% to 63 million metric tons last year compared to 2023, Russian news agency Interfax reported on Friday, citing the group's CEO Igor Tonkovidov as saying. The United States and the European Union imposed sanctions on state-controlled Sovcomflot and its fleet in 2024 in an effort to reduce...

11:28 AM EDT, 03/28/2025 (MT Newswires) -- ARM Holdings ( ARM ) faces downside risks from litigation exposure, uncertain China demand, and a slump in AI design activity and production, which could be offset by robust licensing and a potential shift to its own chipmaking, Morgan Stanley analysts said in a Friday note. The company has structural growth opportunities in...