United Parcel Service (UPS) and FedEx (FDX) have begun filing for some tariff refunds, CNBC reports; any money could take months to reach customers
The initiation of tariff refund requests by UPS and FedEx signals ongoing challenges related to trade policies, which may impact their cost structures and profitability.
A subsidiary of Deutsche Telekom (DTE GY) has been subject to a major raid, Focus reports; insider has reportedly accepted bribes for contracts
Iran' spokesperson Mohajerani says "We do not want to come under renewed attacks, but if such attacks occur, we will certainly respond more forcefully than before,", ABC reports
United Parcel Service (UPS) and FedEx (FDX) have begun filing for some tariff refunds, CNBC reports; any money could take months to reach customers
US House could vote on a budget resolution next week, Politico reports
US Energy Secretary Wright says that gasoline prices peaked over a week or so ago
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This move could be seen as a reaction to recent tariff adjustments, and if successful, it may take considerable time for refunds to materialize, influencing market sentiment and operational strategies in the logistics sector.
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