LONDON — BP says first-quarter earnings surged 70 per cent as the energy company profited from rising oil prices and increased production. The London-based company reported net income of $2.47 billion, up from $1.45 billion in the same period last year. Underlying replacement cost profit rose 71 per cent to $2.59 billion. The figure, which […]
SEOUL, Korea, Republic Of — Shares were higher in Japan and Australia on Tuesday while most other major Asian markets were closed for public holidays. The White House’s announcement that it would postpone a decision on imposing hefty tariffs on U.S. imports of steel and aluminum products from some countries helped boost investor sentiment. KEEPING […]
BERLIN — Germany says it is aware of the U.S. postponement of a decision on imposing tariffs on imports of steel and aluminum from the European Union for 30 days, but continues to expect “a permanent exemption.” A spokeswoman for Chancellor Angela Merkel said in a statement Tuesday that Germany as part of the EU […]
MANILA, Philippines — Thousands of workers and activists marched to the Philippines’ presidential palace on Tuesday to demand the government address labour issues, as workers in the Southeast Asian country and elsewhere marked May Day. In Manila, about 5,000 people from various groups held a rally near Malacanang Palace to protest the failure of Philippine […]
WASHINGTON — The White House is postponing a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. prepares for tense trade talks in China this week. The Trump administration said Monday […]