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Aluminum cans wait to be filled with craft beer during a production run at Black Plague Brewery in Oceanside, California, U.S., March 14, 2025. Mike Blake | ReutersThe Trump administration will implement a 25% tariff of all imported canned beer and empty aluminum cans starting Friday, according to a notice from the Department of Commerce.The expansion of U.S. aluminum tariffs comes shortly before President Donald Trump is expected to announce sweeping new levies on imported goods at a Rose Garden event at 4 p.m. ET.Industry analysts expect the tariffs on canned beer imports to weigh most heavily on Constellation Brands. Constellation…
Listen to article The Indian government on Wednesday presented a bill in parliament that plans sweeping changes in the management of vast tracts of land set aside solely for Muslim use, potentially stoking tensions between the government and minority Muslims. The land and properties fall under the “waqf” category, which means “to stay” in Arabic, and are endowed by a Muslim for religious, educational or charitable purposes. Such land cannot be transferred or sold. Government and Muslim organisations estimate that over 25 waqf boards hold nearly 851,535 properties and 900,000 acres of land, putting them among the top three landowners in India.…
Denmark’s Mette Frederiksen says her country remains ‘Greenland’s closest partner’ during a three-day trip to Greenland.Denmark’s prime minister has pledged to support Greenland against US President Donald Trump’s expressions of interest in acquiring the Danish semi-autonomous territory as she landed in Nuuk for talks with its incoming government. Mette Frederiksen began her three-day trip to the vast Arctic island less than a week after a visit to the territory by US Vice President JD Vance drew a frosty reception from authorities in Denmark and Greenland. “The US shall not take over Greenland. Greenland belongs to the Greenlanders,” Frederiksen told reporters…
United States President Donald Trump has unveiled his long-anticipated “reciprocal tariffs”, in a move that is expected to rattle global trade relations. On Wednesday, Trump appeared in the White House Rose Garden, where the colonnades had been draped with large US flags, to sign the executive orders authorising the tariffs. He framed the tax hikes as a blow against unfair trade practices, painting a portrait of the US as a country exploited by even its closest allies. “For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike,” Trump told…
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the inauguration of Donald J. Trump in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Trump takes office for his second term as the 47th president of the U.S.Julia Demaree Nikhinson | Getty ImagesAmazon submitted a bid to the White House to purchase the social media app TikTok from its Chinese owners, CNBC has confirmed.The company sent its proposal in a letter this week to Vice President JD Vance and Commerce Secretary Howard Lutnick, according to a source familiar with the matter who…
Conservative news channel Newsmax raised $75 million Monday by offering 7.5 million shares at $10. This was not technically an IPO, it was a Regulation A offering. Reg A+, as it is called, was established in 2015 under the JOBS Act. It allows small companies to raise capital, but without undergoing the full SEC registration process. The idea was to reduce cost and administrative burdens. Issuers still must file audited financial statements and provide ongoing reports . In Reg A+, an advisor sells as many shares as possible up to the maximum offered. The primary focus is to sell to retail investors,…
Brands and advertisers are seeking flexible terms as they face uncertainty about how President Donald Trump’s new tariffs will affect their businesses.The push for more lenient agreements, in which companies could pivot budgets quickly or shift their focus to different types of marketing as they react to the duties, has been the focus of conversations between media companies and advertisers in recent weeks, according to people close to the discussions.President Donald Trump announced he would put minimum 10% tariffs on all imports into the U.S., with far steeper duties on dozens of countries including China and Vietnam. The scarcity of…
People pay tribute to a memorial monument to martyrs in Hohhot, north China’s Inner Mongolia Autonomous Region, April 2, 2025. People across the country attend tomb-sweeping activities to pay tribute to martyrs ahead of the Qingming Festival, which falls on April 4 this year. (Xinhua/Bei He)An aerial drone photo taken on April 2, 2025 shows students paying tribute to martyrs in front of a monument in Pingdingshan City, central China’s Henan Province. People across the country attend tomb-sweeping activities to pay tribute to martyrs ahead of the Qingming Festival, which falls on April 4 this year. (Photo by He Wuchang/Xinhua)Students…
LAHORE: For more than a decade, Lahore has choked under a thick blanket of smog and air pollution. But successive governments seem more focused on polishing their green credentials than making a real difference. Continuing this trend, the newly formed Environment Protection Force aims to lead by example in a city where most commercial and private vehicles still run on petrol, with no proper emissions monitoring. Its solution? Patrolling the streets and conducting inspections in 25 gleaming hybrid cars—purchased at a staggering cost of Rs 250 million, funded under the World Bank Green Program. To give the government the benefit…
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesApple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced new tariffs of between 10% and 49% on imported goods.The majority of Apple’s revenue comes from devices manufactured primarily in China and a handful of other Asian countries. Nvidia, which manufactures new chips in Taiwan and assembles its artificial intelligence…