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Business

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EBA: No EU banks breach capital rules in trade war stress test
EBA: No EU banks breach capital rules in trade war stress test

MILAN, Italy: European banks are well-positioned to absorb a significant economic downturn triggered by geopolitical conflict and a...

Armani hit with 3.5 million-euro fine over supply chain labor abuse
Armani hit with 3.5 million-euro fine over supply chain labor abuse

MILAN, Italy: Giorgio Armani is facing renewed scrutiny over labor conditions in its supply chain after Italy's antitrust authority...

U.S. coffee supply hit as Trump imposes 50% Brazil bean tariff
U.S. coffee supply hit as Trump imposes 50% Brazil bean tariff

WASHINGTON, D.C.: A new 50 percent U.S. import tariff on Brazilian coffee is poised to shake up global trade flows, redirecting beans...

Nasdaq Composite climbs 403 points in positive start to week
Nasdaq Composite climbs 403 points in positive start to week

NEW YORK, New York - U.S. stocks rebounded Monday with all the major indices pushing higher. Markets were boosted by Europe putting...

Backlash over American Eagle’s Sydney Sweeney advertisement
Backlash over American Eagle’s Sydney Sweeney advertisement

NEW YORK CITY, New York: American Eagle Outfitters, a popular U.S. clothing brand, wanted to grab attention with its new fall advertising...

Weak job data, big revisions revive case for Fed policy easing
Weak job data, big revisions revive case for Fed policy easing

WASHINGTON, D.C.: The U.S. labor market lost momentum in July, with job growth slowing more than expected and major downward revisions...

Canada

Section
Trump targets Canada, Brazil, Switzerland in sweeping new tariff order
Trump targets Canada, Brazil, Switzerland in sweeping new tariff order

WASHINGTON, D.C.: With the clock ticking toward a self-imposed trade deal deadline, U.S. President Donald Trump has announced steep...

US chocolate makers hit as tariffs benefit Canadian rivals
US chocolate makers hit as tariffs benefit Canadian rivals

LONDON/NEW YORK: U.S. President Donald Trump's tariffs are designed to strengthen domestic manufacturing. But in the chocolate industry,...

PM Carney announces historic shift in Canada’s Mideast policy
PM Carney announces historic shift in Canada’s Mideast policy

TORONTO, Canada: In a landmark policy shift, Canadian Prime Minister Mark Carney announced this week that Canada will officially recognize...

Sharjah Chamber, Canadian Consulate explore new strategic business partnership
Sharjah Chamber, Canadian Consulate explore new strategic business partnership

SHARJAH, 5th August, 2025 (WAM) - The Sharjah Chamber of Commerce and Industry (SCCI) discussed with the Consulate General of Canada...

Union acquire F Milan Iloski on permanent transfer
Union acquire F Milan Iloski on permanent transfer

(Photo credit: Abe Arredondo-Imagn Images) The Philadelphia Union announced the acquisition of striker Milan Iloski on a permanent...

Ikigai Steel drives 20 major projects from Sharjah base; eyes expansion into Africa, Canada
Ikigai Steel drives 20 major projects from Sharjah base; eyes expansion into Africa, Canada

SHARJAH, 5th August, 2025 (WAM) -- Ikigai Steel, a prominent company in structural steel engineering, fabrication, and construction,...

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