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(Bloomberg) — Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from Bloomberg President Donald Trump said the US would impose tariffs on “external” agricultural products starting on April 2, adding another layer of threats to impose trade barriers on imported goods. “To the Great Farmers of the United States: Get ready to start making a lot of agricultural product to be sold INSIDE of the United States. Tariffs will go on external product on April 2nd. Have fun!” the president said Monday in a social media post. The move comes just as US…
Joint News Release Graycliff Exploration Limited and Emergent Waste Solutions Inc. Toronto, Ontario–(Newsfile Corp. – March 3, 2025) – Graycliff Exploration Limited (CSE: GRAY) (OTC Pink: GRYCF) (“Graycliff”), symbol GRAY on Canadian Securities Exchange (“CSE”) and Emergent Waste Solutions (“Emergent” or EWS”) are pleased to announce that they have signed a non-binding Letter of Intent (“LOI”) for Graycliff to acquire 100% of EWS’ shares (the “Transaction”). The terms of the LOI to acquire 100% of EWS are as follows: EWS will advance a non-refundable exclusivity deposit of $25,000 to the Graycliff. EWS will complete an interim financing of $125,000, comprised…
(Bloomberg) — Prada SpA is moving closer to a deal to buy Versace from Capri Holdings Ltd. after agreeing to a price of nearly €1.5 billion ($1.6 billion), according to people familiar with the matter. Most Read from Bloomberg Milan-based Prada and Capri could finalize a deal for the Italian luxury clothier this month, said the people, asking not to be identified because discussions are private. Talks are progressing after initial due diligence didn’t find any risks, the people said. The timing and valuation could change and negotiations could still fall apart, the people added. Capri, which bought Versace in…
Toronto, Ontario–(Newsfile Corp. – March 3, 2025) – Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) (“Andean” or the “Company”) will report its fourth quarter and year-end 2024 financial and operating results after market close on Tuesday, March 18, 2025. Management will host a conference call and webcast on Wednesday, March 19, 2025, at 9:00 am ET to present the results. Participants may join the conference call via webcast or through the following dial-in numbers: About Andean Precious Metals Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates…
(Bloomberg) — Chancellor Olaf Scholz’s Social Democrats won a regional election in the port city of Hamburg, a week after a crushing defeat on the national level. Most Read from Bloomberg The SPD took 33.5% of the vote, ahead of the Christian Democratic Union of chancellor-in-waiting Friedrich Merz at 19.8% and the Greens at 18.5%, according to preliminary official results. While Merz’s Christian Democratic Union posted the biggest gain on Sunday, the result allows Hamburg’s governing coalition of SPD and Greens to retain power with a slimmed majority in the city legislature. Dennis Thering, the CDU’s mayoral candidate, said the…
(Bloomberg) — European leaders sought to assemble what Britain called a “coalition of the willing” to secure Ukraine after any US-brokered ceasefire, as they gathered in London to coordinate defense spending hikes amid concerns of an American pullback. Most Read from Bloomberg UK Prime Minister Keir Starmer, who hosted the emergency security summit on Sunday, said Britain and France and “one or two others” would work with Ukraine on a “plan to stop the fighting.” The summit came after a week of frantic diplomacy marked by a disastrous Oval Office clash between US President Donald Trump and Ukrainian counterpart Volodymyr…
Kazakhstan, the world’s largest uranium producer, is hoping to capitalise on a nuclear power resurgence, according to mining executives speaking at PDAC 2025 in Toronto yesterday (2 March). Opening the panel discussion, Dastan Kosherbayev, chief director for strategy and international development at state-owned Kazatomprom, said a second uranium renaissance is “actively developing” and “demand is robust”. “The nuclear sphere is receiving support, not only from political entities, but from financial institutions as well,” he added, pointing to an agreement signed by 14 financial institutions during New York Climate Week in September 2024. Kosherbayev also referenced the Net Zero Nuclear initiative,…
President Donald Trump speaks during a cabinet meeting at the White House in Washington, DC, on February 26, 2025. – Jim Watson/AFP/Getty Images U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each. Trump said on social media that his January executive order on digital assets would create a stockpile of currencies including bitcoin. The names had not previously been announced. The assets rose 8% to 62% in trading on Sunday. Trump said his order “directed the Presidential Working Group…
(Bloomberg) — Honor Device Co., one of China’s biggest smartphone makers, plans to invest $10 billion over the next five years to become a contender in the artificial intelligence race. Most Read from Bloomberg The Shenzhen-based company, which got its start as a spinoff from Huawei Technologies Co., announced a new corporate strategy that centers on building a device-centric AI ecosystem at Mobile World Congress. The funds for its investment push will come from the company and its investors, an Honor representative said, without providing further details. Honor’s biggest backers are local government entities and it also has display maker…
Jon Bilous / Shutterstock.com Once you’ve made it to the rungs of the middle class, you may have your sights set on graduating to the upper middle class. This is a fairly elite group — only 14% of the U.S. population identify as “upper middle class,” according to a 2022 Gallup survey. Find Out: How Much You Need To Earn To Be Upper Middle Class in Every State Explore More: 12 SUVs With the Most Reliable Engines If becoming upper middle class is a nonnegotiable goal, you may have better odds of reaching it in the South, a region that…