Category: Halts
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US Postal Service halts china parcels following new Trump trade measures
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The US Post Service (USPS) has stopped accepting the parcels from the mainland of China and Hong Kong “until another notice”, as the new bases closed a loophole that allows saving customs duties for low -value goods. The comment comes amid increasing tensions between the United States and China, which…
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Trump temporarily halts leasing and permitting for wind energy projects
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Breadcrumb links PMN BMN Business Article writer: Associated Press Jennifer McDermott Posted on January 20, 2025 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content President Donald Trump signed an executive order Monday temporarily halting…
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AWS halts Israel data centers expansion
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In recent months, Amazon Web Services (AWS) has been exploring the possibility of expanding its cloud services in Israel by adding more data centers. As the top winner in Israel’s Nimbus government cloud service tender, AWS is committed to establishing a local service region in Israel. As a local franchisee,…
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New Zealand halts poultry exports as bird flu found at egg farm
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New Zealand has suspended all poultry exports after the first case of bird flu was confirmed at an egg farm in the South Otago region. Exports of poultry products worth about NZ$190 million (US$112 million) a year will be halted until New Zealand can prove it is free of bird…
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The Entertainer halts new store plans due to budget’s national insurance hike
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The Entertainer, one of the UK’s largest toy retailers, has abandoned plans to open two new stores following the government’s decision to increase National Insurance (NI) contributions for employers. CEO Andrew Murphy explained that rising costs had also led to a hiring freeze at the company’s head office. The decision…
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GM halts production at major plants due to Hurricane Helene
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General Motors was forced to temporarily halt vehicle production at two major U.S. plants as suppliers faced delays due to Hurricane Helen. General Motors confirmed in a statement luck Two plants, one in Michigan and one in Texas, have canceled shifts on Thursday and Friday. The company did not have…
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Labour’s economic pessimism halts UK equity market recovery, triggering significant outflows
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UK stock markets have taken a hit as the Labor government’s pessimistic portrayal of the country’s economic outlook reverses a brief rebound in investor interest. New figures from Calastone, a global fund network, show that UK-focused funds suffered net withdrawals of £666m in September, while other geographically focused fund sectors…
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Australia’s Star Entertainment halts trading to assess impact of regulatory findings By Reuters
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Star Entertainment said on Friday its Australian-listed shares had been halted from trading so the casino operator could absorb the fallout from a scathing report into its corporate culture and assess the implications for its 2024 financial results. Earlier this year, the New South Wales Independent Casino Commission (NICC) appointed…
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Forexlive European FX news wrap 26 Aug – Libya halts oil production and exports
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Meyer Burger halts solar plant in Colorado, plans restructuring By Reuters
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Swiss solar panel maker Mayer Berger said on Monday it had suspended plans to build a factory in Colorado after announcing restructuring measures and indicating profitability would be lower than previously expected. Mayer Berger Technology AG announced today that the planned construction of a solar cell production facility in Colorado…
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Tesla halts orders for cheapest Cybertruck (NASDAQ:TSLA)
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Brandon Wochenis/iStock Editorial via Getty Images Tesla (NASDAQ: TeslaFord Motor Co. is no longer taking orders for the less expensive version of its Cybertruck, which costs $61,000, according to its website, as the electric carmaker prioritizes the more expensive versions of the lineup. Instead, the company led by Elon Musk…
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Decentralized crypto exchange Nexera halts trading following $1.5m exploit
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Multi-chain decentralized exchange Nexera has been hit by a $1.5 million exploit, forcing it to halt all trading. Decentralized cryptocurrency exchange Nexera — also known as AllianceBlock Nexera — has been attacked by a hacker, resulting in a $1.5 million liquidity loss. The breach was first reported by blockchain analytics…
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MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend
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Recent trading activity has sent MATIC price lower, targeting the $0.5030 level, after a period of strong upward momentum that was disrupted by bearish pressures. This sudden drop, driven by growing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will…
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Sintx Technologies halts at-the-market stock offering By Investing.com
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Sintx Technologies, Inc. (NASDAQ: ), a surgical and medical instrument company, announced the termination of its offering of common stock effective March 22, 2024. The company previously entered into a stock distribution agreement with Maxim Group LLC in February 2021, which was amended in January and October 2023, allowing for…
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Court halts Kenya Power’s Sh285m emergency towers purchase tender
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The High Court has ordered Kenya Power and Lighting Company (KPLC) to stop the award of a Sh285 million contract for the procurement of Emergency Restoration Towers (ERTs) and galvanized steel structures for use in premium customer service schemes and various primary and secondary substations. Emergency response systems are structures…
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U.S. judge halts Biden administration pause on LNG export licenses (NYSE:LNG)
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lyash01/iStock via Getty Images A U.S. district judge issued a ruling Monday. blocked US President Donald Trump has issued an order banning the Biden administration from approving LNG export applications, and ordered the LNG export ban to be lifted “in full, effective today.” A coalition of 16 Republican-led states, including…
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BP Halts Offshore Wind Projects to Refocus on Fossil Fuels
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BP has announced a pause on all new offshore wind projects as the company’s newly appointed CEO, Murray Auchincloss, focuses on fossil fuels. This strategic shift, first reported by Reuters, also includes a hiring freeze within the offshore wind division. Auchincloss, who took office at the beginning of the year,…
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Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
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The spot bitcoin ETF — GBTC — posted its second straight day of net inflows on Monday, attracting $4 million into the fund. In doing so, GBTC broke a four-month streak of outflows. This follows Friday’s reversal of a 78-day net outflow trend, with an additional $63 million. Since moving…