Tuesday, 02 June 2026
Global business news is being shaped by governments tightening controls even as companies and supply chains adapt. In central Africa, DR Congo has reopened Bunia airport after a 10-day shutdown, a move meant to restore the flow of aid and commerce while Ebola containment efforts continue under stricter screening and surveillance. In Washington, the Trump administration is escalating trade pressure on Brazil with proposed 25% tariffs under Section 301, citing unfair practices ranging from digital trade to ethanol and deforestation, despite a broader U.S. trade surplus; President Lula has responded with open anger, underscoring the political tension around the dispute. The U.S. is also expanding financial pressure on Iran, sanctioning Nobitex and other crypto firms accused of helping the IRGC and state institutions evade Western restrictions. And in the corporate world, EV maker Lucid has completed its leadership transition, installing Silvio Napoli as chief executive.
Recap for Tuesday, 02 June 2026
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