Browsing: Business

Washington, October 18, 2025: United Parcel Service (UPS) is facing mounting criticism after a surge in reports that international packages are being destroyed or returned following customs clearance failures in the United States. The developments follow the end of the $800 “de minimis” exemption, exposing even low-value imports to full customs scrutiny, tariffs, and documentation requirements. The change took effect on August 29, 2025, under revised federal import regulations that eliminate duty-free entry for shipments previously classified under the exemption. The result has been a sharp increase in clearance issues at major  UPS  hubs, including Louisville, Kentucky, where customers report that parcels…

A US jury found Samsung guilty of infringing 4G, 5G and Wi-Fi patents, awarding $445.5M in damages to Collision Communications.

PepsiCo beats Q3 2025 estimates with $23.94B in revenue, driven by strong international markets while North American volume faces pressure.

Trump and Carney met in Washington to discuss US-Canada trade, with tariffs, USMCA compliance, and economic concerns dominating the agenda.

Gold surged to a record $3,963 as market demand soared amid global instability and US policy uncertainty, reinforcing its safe-haven status.

The US shutdown halts key economic reports including jobs data, leaving markets and policymakers without vital metrics for decision-making.

UK faces trade disruption as Trump announces new tariffs on pharmaceuticals, trucks and films, straining bilateral ties and impacting key export sectors.

The U.S. economy braces for disruption as a government shutdown looms, with economists warning of major impacts if the impasse continues beyond weeks.

US consumer confidence declined in September as Americans reported fewer job opportunities and persistent inflation concerns.

With $921B in interest paid by developing countries, UNCTAD calls for trade stability, lower debt costs, and digital inclusion at UNGA80.