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  • News
    Reuters

    US overtakes China as Germany's top trading partner

    The United States overtook China as Germany's most important trading partner in the first quarter of this year, according to Reuters' calculations based on official data from the German statistics office. Germany's trade with the United States - exports and imports combined - totalled 63 billion euros ($68 billion) from January to March, while the figure for China was just under 60 billion euros, the data showed. In 2023, China was Germany's top trading partner for the eighth year in a row, with volumes reaching 253 billion euros, although that was only a few hundred million ahead of the U.S.

  • News
    The Canadian Press

    Fiji's ex-leader, Frank Bainimarama, sentenced to prison for interfering in police investigation

    MELBOURNE, Australia (AP) — Former Fijian Prime Minister Frank Bainimarama was sentenced Thursday to a year in prison for interfering in a criminal investigation while he headed the government of his South Pacific island nation. Acting High Court of Fiji Chief Justice Salesi Temo sentenced the 70-year-old in the capital Suva on a conviction for attempting to pervert the course of justice. Suspended Police Commissioner Sitiveni Qiliho received a 2-year prison sentence on a conviction for abuse of

  • Business
    Bloomberg

    Oil Ticks Higher as Traders Digest Mixed US Inventory Snapshot

    (Bloomberg) -- Oil edged higher after a mixed snapshot of US inventories that included an unexpected drop in nationwide crude holdings, with volatility ebbing as traders assessed the market’s next likely tack.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialBrent crude rose towa

  • News
    The Canadian Press

    Yemen's Houthi rebels claim 2 attacks in Gulf of Aden, another unreported in Indian Ocean

    JERUSALEM (AP) — Yemen's Houthi rebels on Thursday claimed two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage, while also saying they targeted a ship in the Indian Ocean in a previously unreported assault. The claims by Brig. Gen. Yahya Saree come as the tempo of the rebel attacks have waned in recent weeks as they've been targeted by repeated airstrikes launched by a U.S.-led coalition warship in waterways crucial to international trade. The Hout