分类： business

In Burlington, Vermont, Terry Precision Cycling, a company specializing in women’s cycling gear, finds itself at the heart of a legal battle with far-reaching implications. President Donald Trump’s sweeping tariffs, first announced in April, have placed immense financial strain on small businesses like Terry Precision Cycling. The company, which has navigated thin profit margins and pandemic-era challenges over its 40-year history, now faces existential threats due to the increased costs of imported materials.

After years of volatility and uncertainty, cryptocurrency enthusiasts are beginning to see signs of optimism in the market. With easing trade tensions between the US and China, increased regulatory clarity, and a supportive stance from the US government, the crypto landscape appears to be shifting toward a more favorable environment. The recent flash crash that wiped out $19 billion seems to have been overshadowed by these developments, sparking renewed hope among investors.

Officials from the Chinese mainland and representatives from Taiwan have reaffirmed their commitment to enhancing cross-Strait economic, cultural, and people-to-people exchanges, as well as deepening integrated development. This pledge was made during the closing ceremony of the four-day Tianjin-Taiwan Investment and Trade Fair, held in Tianjin. Since its inception in 2008, the fair has successfully facilitated over 350 projects, attracting intended investments totaling approximately 123.8 billion yuan ($17.2 billion). This year, 32 new projects with Taiwanese investment were established in Tianjin, with a total contractual investment of $31.78 million (230 million yuan), underscoring the robust vitality and vast potential of Tianjin-Taiwan economic and trade cooperation. Themed ‘Integrating for New Development, Creating a Shared Future,’ this year’s event focused on exploring cooperation in sectors such as medical and health care, the yacht economy, and catering and processing. Song Tao, head of both the Taiwan Work Office of the Communist Party of China Central Committee and the Taiwan Affairs Office of the State Council, emphasized the principle that the two sides of the Strait are one family, actively promoting cross-Strait economic and cultural exchanges and cooperation. Zhang Gong, deputy secretary of the Communist Party of China Tianjin Municipal Committee and mayor of Tianjin, extended a warm welcome to young people from Taiwan to pursue their dreams in the city. Before the opening ceremony, Song met with Hsiao Hsu-tsen, vice-chairman-designate of the Chinese Kuomintang party, and his delegation in Tianjin. Hsiao praised Tianjin for its unique charm, profound historical and cultural heritage, and spirit of inclusiveness, openness, and innovation. He encouraged young people from Taiwan to visit the Chinese mainland more often, emphasizing that the future of the Chinese nation depends on the cooperation and shared prosperity of the youth on both sides of the Strait.

In a landmark announcement at India Maritime Week 2025 in Mumbai, Dubai-based global logistics giant DP World unveiled plans to invest $5 billion in India’s logistics and port infrastructure. This significant commitment builds on the company’s three-decade-long partnership with India, during which it has already invested $3 billion. The new funding aims to enhance supply chain efficiency, strengthen multimodal connectivity, and bolster both export and domestic trade capabilities. The announcement was made in the presence of Sarbananda Sonowal, India’s Minister of Ports, Shipping and Waterways, alongside the signing of five strategic Memorandums of Understanding (MoUs).

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, emphasized the company’s enduring commitment to India’s growth. ‘DP World has been a part of India’s growth story for nearly three decades,’ he stated. ‘This investment and our new partnerships reaffirm our dedication to advancing India’s maritime and logistics industry, solidifying its position as a global trade leader.’ Bin Sulayem highlighted the alignment of DP World’s initiatives with India’s national programs, including PM Gati Shakti, Sagarmala, and the Maritime Amrit Kaal Vision 2047, which aim to create a connected, self-reliant India.

The five MoUs cover diverse areas such as green coastal shipping, shipbuilding and repair, skill development, and advanced freight mobility. Key collaborations include Unifeeder’s partnership with Sagarmala Finance Corporation Limited to promote eco-friendly coastal shipping, Cochin Shipyard Limited’s agreement with Drydocks World to expand ship repair facilities, and a tripartite MoU to enhance skill development in shipbuilding. Additionally, DP World will collaborate with Cochin Port Authority to upgrade the International Container Transshipment Terminal (ICTT) in Kochi and work with Deendayal Port Authority and Nevomo to install a 750-meter MagRail Booster pilot track, a step toward automated, low-emission port operations.

With a network spanning over 200 locations in India and supporting more than 24,000 direct and indirect jobs, DP World’s latest investment is poised to significantly boost India’s maritime capabilities and create thousands of new employment opportunities.

In a significant move to enhance intellectual property (IP) protection, China’s National Intellectual Property Administration (CNIPA) has intensified its efforts in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This initiative aims to foster high-quality regional development by optimizing public services and supporting innovation across key industries such as high-end equipment manufacturing, new energy, and next-generation information technology. Heng Fuguang, CNIPA’s spokesperson, announced these developments at a recent press conference, highlighting the establishment of six national-level IP protection centers, eight rapid IP protection stations, and six platforms to assist entities in resolving overseas IP disputes. A priority examination channel has also been implemented, expediting the review of 16,000 patents in the first half of 2025. Additionally, the GBA has seen the formation of an IP mediation center, with over 60 mediators from Hong Kong and Macao successfully resolving more than 1,700 disputes. To cultivate IP talent and support high-level international cooperation, CNIPA has partnered with Peking University to establish an international IP academy and collaborated with the Ministry of Justice to train lawyers specializing in foreign-related matters. Internship opportunities for Hong Kong patent examiners and technical training for Macao IP officials have also been provided. As of June 2025, the GBA boasts 817,000 valid invention patents and over 8.52 million registered trademarks, accounting for one-sixth of the national total. The Hong Kong-Guangzhou-Shenzhen innovation cluster, ranked first globally in the 2025 Global Innovation Index, underscores the region’s growing prominence in the global innovation landscape.

The UAE has officially announced a reduction in fuel prices for November 2025, offering a slight relief to motorists compared to October rates. The decision, made by the Fuel Prices Monitoring Committee and approved by the Ministry of Energy, reflects the monthly adjustment based on global oil price averages and operational costs of distribution companies. The new prices, effective from November 1, 2025, are as follows: Super 98 at Dh2.63 per litre, Special 95 at Dh2.51 per litre, and E-Plus 91 at Dh2.44 per litre. This marks a decrease from October prices, which were Dh2.77, Dh2.66, and Dh2.58 respectively. For drivers, this translates to savings ranging from Dh4 to Dh15 per full tank, depending on the vehicle type. Compact cars, sedans, and SUVs will see varying savings, with SUVs benefiting the most due to their larger fuel tank capacities. This price adjustment is part of the UAE’s ongoing efforts to align domestic fuel costs with international market trends, ensuring transparency and affordability for consumers.