408 stories · Page 10 of 41
Within 48 hours of the first U.S.–Israeli airstrikes on Iran (Feb 29–Mar 1, 2026), retail gasoline prices in multiple countries leapt 10-30 ¢ per gallon/litre as crude futures surged $8-10 a barrel and Brent pierced $80.
On 20 Feb 2026 the Supreme Court, in a 6-3 ruling, voided President Trump’s ‘reciprocal’ and fentanyl-related tariffs after finding the 1977 International Emergency Economic Powers Act offers no authority to tax imports.
On 25 Feb 2026 German Chancellor Friedrich Merz, on his first visit to China, secured Beijing’s pledge to purchase up to 120 Airbus aircraft and boost imports of premium German goods while openly demanding cuts to Chinese subsidies and a level playing field.
On 25 Feb 2026 Nvidia reported $68.1 bn Q4 revenue—crushing estimates—and shocked the Street with a $78 bn forecast for the next quarter, signaling the AI hardware boom is still accelerating.
On 20 Feb 2026 the Supreme Court, in a 6-3 decision, ruled that the 1977 International Emergency Economic Powers Act does not let President Trump levy tariffs, nullifying the bulk of the global duties he imposed since 2025 and spurring him to threaten a temporary 10 % across-the-board tariff under a different statute.
Days after the Supreme Court voided his emergency-powers tariffs, President Trump used Section 122 of the 1974 Trade Act—never before tested in court—to slap a 10 % duty on almost all U.S. imports, pledging to lift it to 15 %.
On 23 Feb 2026 the European Parliament’s trade committee abruptly shelved its ratification vote on last summer’s US-EU tariff deal after the US Supreme Court (6-3) voided Trump’s earlier duties and the White House retaliated with a new, temporary 15 % global surcharge under the 1974 Trade Act.
On 23 Feb 2026, the European Parliament’s trade committee abruptly postponed its scheduled 24 Feb vote on the July 2025 EU-US trade agreement, citing the 20 Feb U.S. Supreme Court ruling voiding most Trump-era tariffs and the White House’s immediate imposition of new blanket duties.
On 24 Feb 2026, hours after its January ruling was published, Panama’s Maritime Authority forcibly removed CK Hutchison staff and assumed control of the Balboa and Cristobal terminals, installing Maersk’s APM Terminals and MSC’s TIL as interim operators for up to 18 months.
On 23 Feb 2026 Novo Nordisk revealed that CagriSema cut weight by 23% after 84 weeks but still under-performed Eli Lilly’s tirzepatide, triggering a double-digit share plunge and wiping out the market-cap windfall Wegovy once created.
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