Egypt in talks to lease new LNG terminal as imports pick up
Egypt is planning to lease a natural gas import terminal as it steps up overseas purchases in a bid to avoid energy shortages this summer.
Record-high gold exports drive Canada’s trade surplus wider
Canada’s merchandise trade balance recorded its largest surplus since October, driven by a strong increase in gold shipments to Switzerland and the UK.
Yellen says US has option to shield new industries against China
Treasury Secretary Janet Yellen suggested the US will retain the option to protect new industrial sectors against China after what she described as the Asian…
Chile politicians clamor to save local steel from cheap Chinese imports
Chilean politicians are clamoring to convince the country’s only steelmaker to overturn a decision to shutter operations due to an influx of cheap Chinese alloy,…
US, EU are set to miss a critical minerals agreement this week
A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another target this week, according…
Global business optimism continues to climb as businesses indicate sustained confidence
Dun & Bradstreet released its Q2 2024 Global Business Optimism Insights report that highlights a sustained positive trend in the global business outlook, with the…
NRF says economy remains ‘sturdy’ despite forecast for slower growth
Despite expectations for slower growth of both gross domestic product and retail sales, the economy should continue to do well the remainder of this year,…
US, EU to use AI to seek alternate chemicals for making chips
The European Union and the US plan to enlist artificial intelligence in the search for replacements to so-called forever chemicals that are prevalent in semiconductor…
Chinese solar firms hit by EU probes in new test of subsidy law
The European Union started probes into bids by Chinese firms for a Romanian solar park, in the latest test of a freshly minted law aimed…
Gallium has more than doubled in price on China export curbs
Prices for gallium are close to their highest since 2011 as China’s export restrictions crimp global supply and hurt buyers of the metal used in…
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