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Jeep maker may invest billions to make EVs in Mexico
Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for…
Argentina asked crop exporters to bring $1 billion next week
Argentina’s government has asked the country’s crop export and processing companies to make sales equivalent to $1 billion over the next week as it seeks…
Major Ukraine grower says Russia stole 200,000 tons of its crops
Ukrainian farm company HarvEast said Russia stole as much as 200,000 tons of crops from its farms in eastern occupied areas, as Kyiv urges buyers…
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Trudeau trade chief vows to keep pushing US on global tax deal
Canada’s trade minister praised US passage of a landmark tax and climate-change bill, playing down the potential for conflict over what was left out of…
As UK Economy Falters, Here’s Who Could be Chancellor
The next UK prime minister takes charge in September facing a brutal economic storm, heaping intense scrutiny on their pick for Chancellor of the Exchequer.
US to Limit Exports of Some Chip Tech to Cut ‘Nefarious’ Use
The US is imposing export controls on technologies that support the production of advanced semiconductors and turbines, protecting against their “nefarious” military and commercial use.
Putin’s War Hurls His Economy Back Four Years in One Quarter
(Bloomberg) -- President Vladimir Putin’s invasion of Ukraine set Russia’s economy back four years in the first full quarter after the attack, putting it on…
Taiwan Cuts Growth Forecast as Global Headwinds Intensify
Taiwan cut its forecast for 2022 growth for a second time as slowing global demand for electronics, high inflation and rising geopolitical pressure from China…
Hong Kong Sees Possible Contraction in Economy This Year
Hong Kong now expects its economy to potentially contract this year for the third time since 2019 as the city grapples with Covid restrictions, a…
Battery Giants, Hyundai Concerned by US Moves on China Supplies
South Korea’s biggest electric-car battery makers and Hyundai Motor Co. have expressed concern over new US legislation aimed at boosting domestic production of EVs and…