France pledges support for aerospace as Airbus slows ramp-up
France is looking at extending state support for Airbus SE and other aerospace firms through 2024 after the planemaker reined in production plans amid concern…
UAE says finalized purchase of F-35 jets, drones from US
The United Arab Emirates finalized the purchase of up to 50 F-35 jets and 18 drones from the U.S. before former President Donald Trump left…
Nissan boasts Brexit advantage with rare U.K. battery supply
Nissan Motor Co. has emerged from Brexit with an edge over rivals that lack a U.K. battery supply chain, a big relief for the country’s…
Africa trade pact gets $1 billion to offset revenue losses
The African Export-Import Bank has mobilized $1 billion for an adjustment facility to offset revenue losses for countries that lower cross-border tariffs as part of…
Saudi Arabia, Brazil set to get vaccines as India begins exports
India will begin commercial shipments of Covid-19 vaccines to Brazil and Morocco Friday, followed by Saudi Arabia and South Africa, as Prime Minister Narendra Modi…
China imports oil doctored to skirt US sanctions on Venezuela
It may be the oil market’s worst-kept secret: millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously going to China.
Top Warner aide to be Raimondo’s chief of staff at Commerce
Mike Harney, a top Senate aide and Obama administration veteran, has been chosen to be chief of staff to Commerce Secretary-designate Gina Raimondo, according to…
Biden team vows tough enforcement of anti-virus travel steps
The Biden administration is vowing tough enforcement of new safety measures it is imposing on travelers to curb the spread of the coronavirus even as…
China trade row has cost Australia $3 billion in lost exports
Australia’s trade fight with China cost it about $3 billion in commodities sales last year, and that relatively small impact suggests there’s little economic need…
Oil slips with global viral resurgence highlighting demand risks
Oil ended a choppy session lower with worsening global coronavirus outbreaks accentuating concerns over a demand rebound.
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