Holcomb heading to Greece on latest trade trip
Indiana Gov. Eric Holcomb is scheduled to lead a trade delegation to Athens in a trip organized by the Council of State Governments.
International Business
Articles
TikTok face offs with Justice Department over law that could lead to ban
Before a panel of three judges at a federal appeals court, attorneys for the two sides—and content creators—were pressed on their best arguments for and against the law that forces the two companies to break ties by mid-January or lose one of their biggest markets in the world.
Biden cracks down on loophole that enables tariff-free imports by Temu, Shein
Importers mainly from China have used the de minimis exemption for shipments of $800 or less to flood the U.S. market.
Holcomb signs Ukraine agreement after meeting Zelenskyy
With Ukrainian President Volodymyr Zelenskyy watching, Indiana Gov. Eric Holcomb signed a memorandum of understanding to grow a relationship focused on academia, agriculture and economic development.
Holcomb, Zelenskyy to meet, talk partnership in Ukraine
Indiana Gov. Eric Holcomb is set to become the first U.S. governor to travel to the country since Russia’s invasion more than two years ago.
Holcomb hints at more possible trade trips in final months as governor
After spending the last week on a trade trip in Australia and Singapore, Indiana Gov. Eric Holcomb told reporters he plans to “maximize” his final months in office.
Amid tensions, some states are purging Chinese companies from their investments
Indiana last year became the first to enact a law requiring the state’s public pension system to gradually divest from certain Chinese companies.
Weight-loss-drug frenzy lures rich Indians to brave the gray market
The race to score blockbuster weight-loss drugs like Eli Lilly’s Mounjaro and Zepbound is pushing one of the world’s largest population of people with obesity to creative lengths.
Supreme Court upholds tax on foreign income over challenge backed by business interests
The justices, by a 7-2 vote, left in place a provision of a 2017 tax law that is expected to generate $340 billion, mainly from the foreign subsidiaries of domestic corporations that parked money abroad to shield it from U.S. taxes.
Britain poised to offer Eli Lilly’s weight-loss drug to patients
If the guidance is confirmed, Mounjaro will challenge the dominance of Novo’s Wegovy in the United Kingdom.
Indiana to host its second Global Economic Summit
Far-off dignitaries and business leaders will gather in Indianapolis this week for the state’s second Global Economic Summit, which begins Thursday.
China clears Eli Lilly’s weight-loss drug, only for diabetes now
The pharmaceutical weight-loss market is predicted to reach at least $100 billion by 2030, according to Goldman Sachs.
Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum
Officials say the tariffs will help thwart China’s efforts to dominate the market for emerging technologies in ways that pose risks to U.S. national security and economic stability.
Online retailer Shein latest to face strict European Union digital regulations
Founded in China but now headquartered in Singapore, low-cost online retailer Shein has major distribution operations in Indiana.
U.S. solar companies, imperiled by price collapse, demand protection
Several of the biggest American solar manufacturing companies say in a petition filed with the Commerce Department that firms in four Asian countries are illegally flooding the U.S. market with Chinese-subsidized panels.
Bill forcing TikTok parent to sell or face ban heads to Biden for signature
The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and Israel. President Joe Biden said he will sign it Wednesday.
Holcomb to lead six-day trade trip to Brazil, Mexico
Indiana’s delegation will focus on building relationships in agriculture and biosciences.
Chinese hackers accused of state-backed operation against U.S. politicians, companies
Targets included officials at the White House and multiple government agencies, including the Treasury and Commerce departments, senators from both parties, the spouse of a senior Justice Department official, political strategists, and political figures from around the world who were critical of the Chinese government.
NFL grants Colts marketing rights for Germany, Austria
The territories are the first international markets for Indianapolis since the league began its Global Markets Program in 2022.
Indiana bans sister-city agreements with ‘foreign adversaries’
Hoosier municipalities hold 19 sister-city agreements with Chinese counterparts, two with Russian cities and one with a Cuban city, according to a list maintained by the Indiana chapter of Sister Cities International.