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The deal would put some of your favorite brands into new hands.

Investing.com -- Canada’s merchandise trade surplus narrowed sharply in July as exports fell for the first time in six months while imports rose, signalling renewed pressure on trade as the country faces heightened tariff uncertainty with the United States.

Investing.com -- Iran’s foreign trade has fallen nearly 35% under U.S. sanctions and a naval blockade, President Masoud Pezeshkian said, as Tehran’s leadership acknowledged mounting economic pressure six months into the war, Reuters reported exclusively.

Major packaged-goods firms, retailers and food makers are seeing substantial increases in overseas revenue that are outpacing slowing domestic sales.

Colgate-Palmolive recorded higher sales in the second quarter, despite a choppy consumer environment.

Investing.com -- U.S. Treasury Secretary Scott Bessent said Tuesday that China has reduced its crude oil purchases by approximately 40% in recent months, a decline he said is significantly reducing Iran's oil revenues.

Investing.com -- J.P. Morgan reduced its price outlook for Brent crude oil in the second half of 2026 on Wednesday, citing weaker commercial inventory withdrawals and softer oil demand than previously anticipated.

Investing.com -- OPEC crude production fell in May to its lowest level in at least 37 years as a US blockade of Iran and disruptions in the Persian Gulf continued to limit output, according to a Bloomberg survey released Friday.

Investing.com -- The European Union has put forward a proposal for its Aspides naval mission to assume "the primary role" in clearing mines in the Strait of Hormuz "when conditions allow" as part of a Franco-British-led initiative, according to a Reuters report Wednesday citing an internal document dated May 26.

Inbesting.com -- Canada’s annual inflation rate accelerated less than anticipated in April as underlying price pressures showed signs of cooling. According to data from Statistics Canada, the consumer price index rose 2.8% from a year earlier, marking its fastest pace since May 2024 but falling short of the 3.1% rate economists surveyed by Bloomberg expected. Higher energy prices, particularly for gasoline, served as the primary driver behind the acceleration in the headline figure. Geopolitical

Investing.com -- A major liquidation event targeting long orders flushed massive leverage across the digital asset market overnight, forcing Bitcoin down near the $78,000 mark. The world’s leading crypto was trading at $78,030.1 as of 05:51 ET (09:51 GMT).

Investing.com -- Venezuela announced Wednesday that it has started a comprehensive process to restructure its sovereign and state oil company debt, following the lifting of U.S. sanctions earlier this year.

Investing.com -- OPEC crude production dropped by 830,000 barrels per day in April to 20.04 million bpd, marking the lowest output in more than 20 years.