Tractor makers feel surprise pinch from crop powerhouse Brazil
Brazil is producing more crops than ever and yet farmers in the agricultural superpower are reining in their spending — bad news for tractor makers.
Chinese official visits Myanmar to discuss trade, phone scams
China’s vice foreign minister Sun Weidong visited Myanmar to meet with military leader Min Aung Hlaing about clamping down on telecommunication scams and promoting trade,…
Brazil’s export boom rekindles memories of past commodity bonanza
Brazil’s exports proved so strong in 2023 that they are rekindling memories of the commodities bonanza that briefly catapulted Latin America’s largest economy to unusually…
December 2023 U.S. Transportation Sector Unemployment (4.3%) Falls Below the December 2022 Level (4.5%)
December 2023 U.S. Transportation Sector Unemployment (4.3%) Falls Below the December 2022 Level (4.5%) But Remains Above the Pre-Pandemic December 2019 Level (2.8%) The unemployment…
How China’s BYD beat Tesla at its own game
Having become China’s best-selling auto brand at home, BYD Co. (which stands for Build Your Dreams) has now surpassed Tesla to be the world’s biggest…
Huawei teardown shows 5nm chip made in Taiwan, not China
Huawei Technologies Co.’s newest laptop runs on a chip made by Taiwan Semiconductor Manufacturing Co., a teardown of the device showed, quashing talk of another…
China probes EU liquor, sinking shares as trade spat worsens
China is launching an anti-dumping investigation into liquor products like brandy from the European Union, in a relatively modest step after the bloc opened a…
Biden solar-tariff exemption is challenged by US panel makers
A pair of US solar manufacturers challenged the Biden administration’s moratorium blocking tariffs on some panels imported from Southeast Asia through early June, opening a…
US awards Microchip $162 million to boost legacy semiconductors
The US Commerce Department plans to award $162 million to Microchip Technology Inc. to help the company triple its domestic output of older-generation semiconductors that…
U.S. Commerce Department announces $200 billion milestone in foreign direct investment
Commerce’s SelectUSA program promotes foreign direct investment that supports hundreds of thousands of good-paying jobs in critical sectors across the United States
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
