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US committed to ‘seamless’ Africa trade pact renewal, Tai says
The US aims to ensure that its preferential trade pact with Africa is replaced without interruption when it expires in two-year’s time, while bringing it…
China’s EV makers want top oil producing nations to go electric
Chinese electric-vehicle makers are facing one of their biggest challenges yet: convincing drivers in the oil-rich Middle East to switch to battery-powered cars.
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Apple’s disappointing outlook spotlights growing China woes
Apple Inc.’s disappointing holiday-quarter outlook has cast a spotlight on its mounting problems in China, where the iPhone maker is struggling with the unexpected rise…
Federal Reserve Holds Rates Steady For Now On Tighter Financial Conditions
The Fed held its policy rate steady at a 22-year high of 5.25%-5.50% at its meeting on Oct. 31-Nov. 1. The American economy has had…
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Top fertilizer maker Nutrien warns against ‘artificial’ market constraints
The world’s largest maker of crop nutrients is cautioning against any meddling in the economics of fertilizer markets.
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World’s top sugar trader is having deja vu of an epic shortage
For global sugar markets, it’s beginning to look a lot like one of the worst shortages in history.
Macron flexes protectionist muscle to shield vulnerable firms
Emmanuel Macron is beefing up France’s arsenal of strategic tools to protect vulnerable firms against foreign buyers with deep pockets, with a particular eye on…
US lawmakers urge export controls on a new chip design technology
A bipartisan group of US lawmakers is calling on the Biden administration to limit China’s access to a budding technology used to design semiconductor chips,…
US sanctions UAE firms in push to curb Gulf state’s Russian ties
The US targeted several companies based in the United Arab Emirates in the latest round of Russia-related sanctions as it seeks to up the pressure…
China is awash with coal as import surge adds to mining boom
China is struggling to digest a growing glut of coal, as robust domestic output and soaring imports threaten to overwhelm the coming wave of winter…