Latest News Updates From Bloomberg News

GovernmentBusinessLogistics

US, India Nearing Interim Tariff Deal Below 20%

India doesn鈥檛 expect to receive a tariff demand letter 鈥 unlike many other nations this week 鈥 and anticipates the trade arrangement will be announced through a statement.

July 11, 2025
BusinessEquipmentLogistics

Unilever Sells Venezuelan Ice Cream Unit to Mack de Venezuela

Unilever sold its Venezuelan ice cream business to truck dealer Mack de Venezuela, as a renewed bout of high inflation and political uncertainty hits the Andean nation鈥檚 private sector.

July 10, 2025
GovernmentBusinessFuel

Diesel鈥檚 Supply Crunch Leaves Market Hungry for Barrels

U.S. stockpiles of diesel products have dropped to the lowest for the time of year since 1996, while in Europe benchmark futures are signaling a tight market.

July 7, 2025
GovernmentBusinessFuel

OPEC+ Talking About a Fourth 411,000-Barrel Hike in August

OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group鈥檚 videoconference this weekend, according to delegates who asked not to be identified.

July 3, 2025
GovernmentBusinessLogistics

Trump Aims to Shut Loopholes China Uses to Evade Tariffs

President Donald Trump鈥檚 trade deal with Vietnam targets practices China has long used to skirt U.S. tariffs: the shifting of production to Southeast Asia and the 鈥渙rigin washing鈥 of exports.

July 3, 2025
GovernmentBusiness

China Wary as US Advances Tariff Talks With Other Countries

China is increasingly wary about U.S. efforts to forge deals that could isolate Chinese firms from global supply chains.

July 2, 2025
GovernmentBusinessLogistics

Del Monte Foods Files for Bankruptcy

Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.

July 2, 2025
GovernmentBusinessEquipment

鈥楾he Party Is Over鈥 for Car Sales as Tariff Reality Kicks In

The springtime surge in U.S. auto sales landed with a thud in June, setting up a slowdown in the months ahead as carmakers digest tariffs on auto imports and consumers find fewer deals.

July 1, 2025
GovernmentBusiness

US Trade Partners Wary of Signing Deals

Tariff negotiations are running into roadblocks, as partners including Japan, India and the EU balk at signing deals without knowing how badly they鈥檒l be hit by separate levies on exports.

June 26, 2025
GovernmentBusinessLogistics

EU Firms Up Trade Strategy Ahead of Trump鈥檚 Tariff Deadline

EU leaders are set to debate their strategy in response to President Donald Trump鈥檚 trade war, with the choices coming down to accepting an unbalanced deal or risking escalation by striking back.

June 26, 2025