German Industrial Slump Hits Bottom With Record Output Drop
German industrial production took a record-hit in April, before a gradual easing of lockdown restrictions set off an ever-so-slow recovery.
Huawei Employees See Dire Threat to Future From Latest Trump Salvo
The Trump administration has fired multiple salvos against Huawei Technologies Co. since the start of a campaign to derail China’s technological ascendancy. The latest blow…
China Oil Demand Recovery Is Complete on Record Import Haul
China’s crude imports soared to an all-time high last month, capping an astounding rebound in oil demand after the nation’s economy was flattened by lockdowns…
Airbus’s Global Footprint Becomes a Burden in a Shrinking Market
Over the past dozen years, Airbus SE has grown from a European planemaker with purely local production into a global manufacturer with assembly lines on…
China’s Soybean Imports Surged in May on Buying From Brazil
Soybean imports by China rose 27% in May from a year earlier, after crushers increased purchases from Brazil to take advantage of cheap supplies amid…
Vietnam’s National Assembly Approves New Trade Deal With Europe
Vietnam’s parliament unanimously approved a free-trade agreement with the European Union that will scrap almost all tariffs on goods traded between the bloc and the…
U.K. to Go Ahead with Quarantine That Will Further Slam Airlines
The U.K. is pressing ahead with a two-week quarantine on international arrivals, a move British Airways and other carriers say will devastate tourism and wreck…
Emirates to Extend 50% Salary Cuts Until September
Emirates has extended 50% salary cuts until September as the Dubai-based carrier steps up measures to preserve cash, according to an internal memo.
China’s Trade Surplus Surges to a Record in May as Imports Slump
China’s trade surplus surged to a record in May as exports fell less than expected and imports slumped along with commodity prices.
China’s Copper Imports Drop as Overseas Lockdowns Tighten Supply
China, the world’s largest copper consumer, imported less metal and concentrate last month as pandemic-driven lockdowns in overseas mining regions disrupted supplies.
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