China factory data show global slump weaken nascent recovery
China’s first official data for April suggest the economy has split into two tracks, with a domestic rebound undercut by weak overseas demand.
Trucks are filling a 6,000 mile Beijing-to-Berlin supply gap
The race to revive trade between Asia’s largest economy and manufacturers in Europe has created a 6,000-mile shipping route involving hundreds of trucks.
Indonesians urged to curb sweet tooth amid sugar shortages
Sugar mills in Indonesia called on consumers to reduce consumption after shortages pushed retail prices to the highest in almost four years.
Virgin Australia draws 20 suitors in race for sale by June
Virgin Australia Holdings Ltd. attracted at least 20 potential buyers as administrators race to sell the airline within two months.
Renewables are the only winners in historic decline in energy demand
The coronavirus lockdown will cause the biggest drop in energy demand in history, with only renewables managing to increase output through the crisis.
Philippine carriers ask for help as losses hit 19 billion pesos
Airlines in the Philippines are asking Congress to pass a law that would provide the industry financial support and wage subsidies as losses due to…
Wild oil markets leave Shanghai a little dizzy
Turmoil in U.S. trading ought to be an opportunity for China’s would-be benchmark. There’s not much sign it’s gaining traction.
Boeing jumps after job, output cuts reveal plan for virus era
Boeing Co. soared after executives outlined a road map to survive the worst downturn in aviation history, and assured investors that the company has the…
China’s oil dream dims as state giants cut capex by $19 billion
Xi Jinping called for more drilling, but the realities of the oil crash were too much to overcome
US wants to know where aluminum imports really come from
The U.S. proposed rules to track aluminum imports more closely, in a move that could address industry demands to block Chinese supply that skirts tariffs.
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