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Uncertainty over US tariffs affecting business confidence, but opportunities available: SATS CEO
Uncertainty over US tariffs affecting business confidence, but opportunities available: SATS CEO

CNA

time3 days ago

  • Business
  • CNA

Uncertainty over US tariffs affecting business confidence, but opportunities available: SATS CEO

The chief executive officer of SATS Group, Kerry Mok, says disruption due to the US tariffs may create opportunities elsewhere. During a cargo conference in Munich, he said that the stop-start nature of the tariffs causes uncertainty and affects business confidence. However, it has allowed SATS to increase its volumes in the Middle East, where it runs a big cargo handling operation in Saudi Arabia. Ross Cullen reports.

China and EU agree to fully lift restrictions on mutual exchanges
China and EU agree to fully lift restrictions on mutual exchanges

CNA

time06-05-2025

  • Business
  • CNA

China and EU agree to fully lift restrictions on mutual exchanges

China and the European Union have agreed to completely lift restrictions on mutual exchanges, as both sides mark 50 years of diplomatic relations. Beijing has also extended a welcome to visits by top EU leaders at a time it deems appropriate. China is looking to present itself as a reliable partner in a global trade landscape upended by US tariffs. Tan Yew Guan reports from Shanghai and Ross Cullen reports from Paris.

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