There were numerous opportunities to rectify moisture affecting electrical parts at the North Hyde substation, but maintenance was repeatedly deferred, according to an investigation.

Japan's prime minister Shigeru Ishiba said his country’s tariff negotiator had received the details of the deal and he would examine them before responding.

The vessels are among the last batch of copper cargoes whose owners are betting they can clear U.S. customs just before hefty Trump administration tariffs kick in.

In Ethiopia, food prices jumped by 40% in March 2023, following the worst drought the Horn of Africa had seen in 40 years. 

The company laid out its plans to launch a product using cane sugar for its flagship soda in the U.S., but clarified that it will act as a complement to its current offerings.

A number of other drugmakers have rolled out similar plans to ramp up U.S. manufacturing in recent days, in the face of continued pressure from the Trump administration.

In June, GM announced plans to invest $4 billion over the next two years into three U.S. auto plants in Michigan, Kansas, and Tennessee.

The volume weakness is reflected in spot rates for containers transported to the U.S. West Coast from China, which have dropped for five straight weeks.

A report from the European Parliament revealed that the majority of unsafe and illegal products shipped into the EU come in small parcels shipped directly to consumers by Chinese retailers.

The Port of Oakland handled more than 168,000 TEUs in June, down roughly 10% from May.