China steps up US soybean buying with million-ton purchase
China is stepping up purchases of soybeans from the U.S. as Brazilian sales start to wane and the Asian nation seeks to meet its pledges…
Oil boosted by demand rise and deeper Saudi Arabian output cuts
Oil edged higher as signs of a recovery in demand continued to surface following the easing of virus-led lockdowns in some regions, while Saudi Arabia…
Brookfield, Indian tycoon said to mull Virgin Australia bids
Brookfield Asset Management Inc. and Indian aviation tycoon Rahul Bhatia are considering bids for Virgin Australia Holdings Ltd., joining a score of suitors seeking to…
Cruz seeks to end US dependence on China for rare earth metals
Senator Ted Cruz said he plans to introduce legislation on Tuesday that aims to end U.S. reliance on China for rare earth elements used in…
China releases new list for tariff exemption on US goods
China will exempt additional tariffs on U.S. aircraft radar and some other radar equipment imposed during the trade dispute with U.S., State Council’s tariff office…
China suspends meat imports from four Australian abattoirs
China has suspended meat imports from four Australian abattoirs, fueling concerns that escalating tensions between the two nations are damaging Australia’s most important trading relationship.
Boeing CEO says a US airline will ‘most likely’ fold this year
Boeing Co.’s top executive sees a rocky road ahead for U.S. airlines, saying it’s probable that a major carrier will go out of business as…
Oil’s nightmare scenario of storage exhaustion starts to fade
While the global oil market remains in a dire situation, it’s starting to look like the nightmare scenario envisioned for the past month might just…
YRC Worldwide reports first quarter 2020 results
YRC Worldwide Inc. reported results for the first quarter ended March 31, 2020. Operating revenue was $1.150 billion and operating income was $28.0 million, which…
Panama Canal secures steady draft, operational reliability following water measures
Earlier this year, the Panama Canal implemented water saving measures after experiencing the fifth driest year at the Canal in 70 years. Thanks to the…
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