World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 6
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Trump disputes his ambassador’s account that he asked China’s president if he wanted to buy US arms
President Donald Trump disputed that he asked Chinese leader Xi Jinping if he wanted to buy weapons from the United States, contradicting an account from the U.S. ambassador to China.
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Iran proposes a deal to reopen the Strait of Hormuz in 7 days if the US meets its conditions
Iran has offered to reopen the Strait of Hormuz and resume talks on its nuclear program in seven days if the United States lifts its naval blockade of Iranian ports, waives sanctions on Iranian oil sales and observes a ceasefire that would include Lebanon.
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A reprieve from rising oil prices helps US stocks finish the week higher
A cooldown in oil prices on Friday helped release some of the pressure that’s built up on Wall Street, and U.S. stocks closed out their first winning week in the last three.
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Slotkin ban on Chinese cars stalls amid Xi visit, but could pass soon
A bipartisan duo of senators from Michigan and Ohio fell short of getting unanimous support for a bill banning Chinese vehicles from the United States, but they expressed optimism about passing the legislation in the days ahead.
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EU vows to defend its stand against X after the US backs a court challenge from Elon Musk
The European Union's executive arm said Friday it's prepared to defend a 120 million euro ($137 million) fine against the social media platform X after the U.S. government threw its support behind a legal effort by Elon Musk this week to have the case dismissed.
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Volkswagen to recall 2.86 million VW, Audi models over potential steering problem
Volkswagen Group said Friday it is recalling 2.86 million Volkswagen and Audi branded vehicles as a precautionary measure over a screw whose failure could cause a loss of steering.
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Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mounting
When Iran shut down the Strait of Hormuz at the start of the war, choking off sea passage for some 15 million barrels of oil a day, many feared that prices would skyrocket, cratering the world economy.
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Tech leaders to UN: For the sake of humanity, please control the AI technology we created
The heads of major artificial intelligence firms pleaded with the United Nations on Wednesday to save the world or at least its people — by somehow regulating the fast-expanding technology that they have been designing.
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Iranian advisers helped Houthis seize Yemen’s Red Sea coast in less than 48 hours, sources tell AP
It took Houthi rebels less than 48 hours to seize Yemen's Red Sea coast from pro-government forces in a resounding blow to U.S. interests and Washington's regional allies.
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US will make up to $7 billion in loans to help Trump ally Milei tap Argentina’s oil and minerals
The Trump administration said Wednesday it would set aside $7 billion for loans to support energy, mining and infrastructure projects in Argentina, its latest move to secure energy and critical minerals closer to home and back the South American country's libertarian president.
