FTR Reports North American Class 8 Net Orders Remain Subdued in May at 6,600 Units
FTR reports preliminary North American Class 8 net orders for May remained subdued at 6,600 units. While up 61% from the dismal April activity, the…
Using the Logistics Managers’ Index to Predict the Future of the Market
Measuring and predicting the state of economic markets is more complicated than many people realize, as evidenced by the multitude of different tools that are…
France pushes back against US over digital tax probe
France slammed the U.S. over its probe into digital taxes that are being considered by a number of countries, saying it contradicts Washington’s call for…
Crisis austerity in oil-rich Gulf may test political balance
The coronavirus pandemic is hitting Gulf Arab economies hard and emboldening the region’s dynastic rulers to push through unpopular fiscal measures that will impact their…
Hong Kong can get US dollars from China if needed, Chan says
China’s central bank can provide U.S. dollars to back Hong Kong’s currency peg should the Trump administration impose sanctions on the territory, according to the…
Kenya’s oil project with Tullow ends with no investment plan
Tullow Oil Plc’s export and testing of Kenya’s crude under a pilot plan ended June 2, as timelines for development in the East African nation…
EU looks to Johnson to stop no-deal Brexit with talks stuck
The European Union will try to convince Boris Johnson to forge a compromise later this month in an attempt to stop the U.K. from breaking…
Taiwan dangles $335 million to woo foreign chipmakers
Taiwan’s cabinet plans to allocate more than NT$10 billion ($335 million) to entice foreign chipmakers to set up R&D facilities locally, people familiar with the…
Europe renews push to slash global tariffs on medical goods
The European Union is pressing for a global deal to eliminate tariffs on pharmaceuticals and medical supplies in an effort to guard against the kind…
Lion Air stops flying as curbs and virus tests deter passengers
Indonesia’s Lion Air said it is halting all flights indefinitely because of the impact coronavirus-related measures such as compulsory tests for passengers have had on…
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