The US and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest economies three months to work toward a broader agreement.

Finland’s premier icebreaker designer, Aker Arctic, has been awarded a contract to develop a new state-of-the-art mid-size icebreaker. The effort is part of a major fleet renewal program to ready Finland's icebreaking fleet for the changing requirements in the Baltic Sea. The country is also part of the ICE Pact with Finnish yards looking to construct icebreakers for Canada and the U.S.

The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world's two biggest economies seek to end a damaging trade war that has stoked fears of recession and set financial markets on edge.

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.

A federal judge in Hawaii ordered the U.S. government on Wednesday to pay about $600,000 to six families impacted by a 2021 Red Hill fuel spill that tainted drinking water...

Editorial Note: This article was originally published at Bloomberg before this weekend’s fragile ceasefire was announced. by Admiral James Stavridis (Bloomberg Opinion) Following the killings of two dozen tourists picnicking in a meadow in...

May 9 (Reuters) – President Donald Trump on Friday will sign a proclamation restoring commercial fishing access to a marine national monument off New England, according to a White House official. The move...

By William Wilkes May 10, 2025 (Bloomberg) —Thyssenkrupp AG’s naval division is scouting for shipbuilding partners across Europe, as new submarine orders push its German shipyards toward full capacity. Thyssenkrupp Marine...

Chris Vagasky (The Conversation)–The National Hurricane Center’s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones neared the coast, to its forecasts five days into...

For global leaders puzzling over how to negotiate with Donald Trump, the US president’s inaugural pact with the UK offers a few clues on how much ground he’s prepared to give.

The United States' new ambassador to Panama pledged on Thursday to strengthen ties with the Central American country while pushing China as a common threat.

The recovery of British tech tycoon Mike Lynch's superyacht from the waters off the coast of northern Sicily is expected to begin within the next two weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August.