Saudi crude exports surge to four-month high in September
Saudi Arabia’s crude exports jumped by half-a-million barrels a day in September, as increased buying by India and South Korea helped to offset a dip…
Ocado faces patent infringement lawsuits in US, UK
AutoStore Technology AS is suing Ocado Group Plc for patent infringement, saying its warehouse system is at the base of the British online grocer’s technology,…
PMA report warns U.S. West Coast Ports could lose up to 45% of intermodal imports to B.C. ports by 2030
A Mercator study commissioned by the Pacific Maritime Association (PMA) warns that high U.S. rail costs and other factors could cause U.S. West Coast (USWC)…
Iran’s rial weakens to new record low over US sanctions fears
Iran’s rial weakened to a new low, breaching 300,000 to a dollar for the first time on the unregulated market in Tehran, three currency traders…
Blockchain app from tech hub may solve virus passport puzzle
The World Health Organization is tapping the know-how of one of the world’s most digitized nations to help ungum global travel and prevent unequal treatment…
Two decades after mad cow, British beef is heading to US again
British beef is on the way to the U.S. for the first time in at least two decades, at a time when food remains a…
China tech to face even closer scrutiny from global governments
China’s tech companies will face a tougher time globally as digital decoupling accelerates and countries with shared values join forces to promote their technology standards…
Brexit prompts 7,500 city jobs, $1.6 trillion to leave UK
Financial services firms operating in the U.K. have shifted about 7,500 employees and more than 1.2 trillion pounds ($1.6 trillion) of assets to the European…
India court orders refunds for flights canceled due to lockdown
India’s Supreme Court ordered local airlines to refund tickets booked for travel during a nationwide lockdown earlier this year, dealing a blow to an industry…
Permit in hand, an entrepreneur starts on Alaska-Alberta Railway
The team behind the proposed Alaska to Alberta railway aims to start prep work for construction in December, with a goal of getting the $17…
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