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Backing from one of the world’s largest producers will boost prospect of UN agreement for a manufacturing cap

Steps taken in the Republican’s first few weeks in office are expected to be ‘lasting ones’

Imports hit highest level since mid-2022 as premium over London price surges

Traders flock to US government debt after Hamas attack on Israel

Long-term yields rise to fresh 16-year high and dollar hit strongest level in 10 months

Long-term yields highest in more than a decade and dollar strongest in 10 months

Investors say misfiring ‘basis trades’ are piling pressure on US government bond market

Democratic Senator Joe Manchin says new guidance will ‘kneecap’ sector critical to slashing emissions

Visit is latest sign of easing tensions between the countries after Biden-Xi summit last year