Latest News Updates From Bloomberg News

GovernmentBusinessPrivate

Sysco Helps Restaurants Caught in Trade War

Restaurant supplier Sysco is coaching eateries on substitutes for imported ingredients hit by President Donald Trump’s tariffs.Ā 

May 27, 2025
GovernmentBusinessLogistics

G-7 Ministers Tread Carefully Amid US Trade Tensions

ā€œThis is a very consequential moment for the G-7 in the world,ā€ Canadian Finance Minister Francois-Philippe Champagne told reporters May 20.

May 21, 2025
GovernmentBusinessLogisticsGlobal Freight

China-US Trade Soars in Race to Hit Trade Truce Window

A temporary trade truce between the world’s two largest economies has sparked a knee-jerk bounce across China’s ports and factory floors.

May 21, 2025
GovernmentBusinessLogisticsGlobal Freight

Tariff Truce Boosts Global Shippers

Importers rushing to ship Chinese goods to the U.S. using a short reprieve from paralyzing tariffs could provide a much-needed boost to global freighters including Maersk and Cosco.

May 16, 2025
GovernmentBusiness

Companies Ramp Up Production to Hit 90-Day Tariff Window

It may only be a 90-day reprieve from the steepest of President Donald Trump’s China tariffs, but it’s enough time to entice companies to restart factory operations and start shipping.

May 13, 2025
BusinessTechnologyEquipment

Stellantis Nears CEO Pick With Antonio Filosa Leading

A spokesperson for Stellantis said no decision has been made and the timing for nominating the new CEO is unchanged. Filosa didn’t respond to a request for comment.

May 9, 2025
BusinessFuel

Shell Studies Acquisition of BP, Reports Say

Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of BP, its U.K. rival.

May 5, 2025
GovernmentBusinessFuel

OPEC+ Throws ā€˜Bombshell to the Oil Market’

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing overproducing members that has sent crude prices plunging.

May 5, 2025
BusinessPrivateTop 100

ADM Layoffs Upend Trader’s Global Commodity Desk

Archer-Daniels-Midland Co. is cutting jobs at its global commodity desk after a probe into its accounting practices wiped out billions from the agriculture giant’s value, according to sources.

April 29, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Trump’s Tariffs Set to Unleash Supply Chain Jolt on Economy

Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasn’t been felt by many Americans yet, but that’s about to change.

April 28, 2025