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China slams US 'suppression' as trade war deepens
China slams US 'suppression' as trade war deepens
by  AFP

Beijing accused the United States Wednesday of "suppression" after its postal service said it was suspending parcels from China and Hong Kong, a move that could hit e-commerce giants Temu and Shein. A postal services worker at the General Post Office in Macau told AFP that parcels could still be sent to the United States from the semi-autonomous Chinese city.

Norway's Equinor scales back renewable energy aims as profit falls
Norway's Equinor scales back renewable energy aims as profit falls
by  AFP

Norwegian oil and gas giant Equinor said on Wednesday it would scale back its renewable energy ambitions as it reported a steep drop in net profit in 2024. Like other oil and gas enterprises, Equinor has been loathe to move away from its profitable fossil fuel business and replace it with renewable energy infrastructure.

US Postal Service says suspending parcels from China
US Postal Service says suspending parcels from China
by  AFP

The US Postal Service (USPS) said Tuesday it was temporarily suspending inbound parcels from China and Hong Kong, shortly after President Donald Trump's imposition of fresh tariffs targeting Beijing. However, the USPS gave no reason for its pause on Tuesday.

Santander reports record profit for third straight year
Santander reports record profit for third straight year
by  AFP

Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates. But Santander UK chair William Vereker announced that he would leave his post this year, a decision which business media attributed to disagreements with Botin. vab/imm/bc

Nissan shares plunge as report says Honda merger talks off
Nissan shares plunge as report says Honda merger talks off
by  AFP

Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda. But the smaller automaker's chief said this week it would make a final decision on whether to join the Honda-Nissan merger talks in mid-February or later.