US sanctions three more shippers over Russian oil price cap violations
The US Treasury sanctioned three more firms and vessels for violating the $60-per-barrel price cap on Russian oil, bringing the total number of enforcement actions…
Macron concerns derail EU-South America trade deal yet again
(Bloomberg) -- A major trade deal between the European Union and South American economies received a serious setback after French President Emmanuel Macron said that…
Turkey’s trade deficit narrows as imports fall on weak demand
Turkey’s trade deficit narrowed yet again in November, propelled by a drop in imports and a rise in exports for the fifth consecutive month.
Asia cheers Biden-Xi meet but wants more US trade, official says
Asian nations eager for the US and China to get along were pleased that Presidents Joe Biden and Xi Jinping met face-to-face last month, but…
Swiss immigration fears risk crashing EU talks once again
Switzerland is about to make another push to improve its fractured relationship with the European Union, and the plan is under pressure before it’s even…
Hartsfield-Jackson announces new routes with Aeromexico
New daily service to Mexico begins January 2024
India reemerges as Venezuelan oil buyer as US sanctions ease
India is set to restart imports of Venezuelan oil after a three-year hiatus, according to brokers and shipping fixtures, as it rushes to take advantage…
Cathay Pacific Cargo recovery buoyed by E-commerce
Tom Owen, director of Cathay Cargo, says they are building cargo capacity as the sector builds behind e-commerce demand...
China’s AI chipmaker Biren wins $280 million in funding pledge after US sanction
Chinese artificial intelligence chip firm Shanghai Biren Intelligent Technology Co. has recently secured a pledge of 2 billion yuan ($280 million) from Guangzhou government-backed investors…
C.H. Robinson shares global logistics outlook for 2024
The world economy in 2024 is expected to outperform previous projections according to Goldman Sachs Research, with worldwide GDP forecasted to expand to 2.6% next…
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