Ford supplier says US-China tensions keep batteries costly
The billionaire chairman of SK Group, a key supplier to Ford Motor Co., said tensions between the US and China will keep electric-vehicle battery prices…
Yellen says US is not ruling out new sanctions against Iran
US Treasury Secretary Janet Yellen said the Biden administration hasn’t ruled out new sanctions against Iran in relation to renewed conflict in the Middle East,…
India set to restrict sugar exports in threat to global supply
India is expected to impose restrictions on its sugar exports after dry weather parched cane crops in the world’s second-biggest grower, a move that will…
British-American’s Snell: Ag exporters facing tough 2023
British-American is a California-based licensed Ocean Transport Intermediary (OTI) / Non-Vessel Operating Common Carrier (NVOCC). It operates as a ...
US, Venezuela near deal on sanctions relief for steps toward fair elections
The US and Venezuela are close to reaching an understanding that would bring limited sanctions relief in exchange for steps to ensure fair elections in…
Imports to U.S. East Coast ports may be delayed by Panama Canal slow down
U.S. West Coast ports could benefit due to import shipments from Asia to the U.S. East Coast being delayed just as the Christmas season approaches…
Freeport seeks to extend permit for exporting Indonesian copper
Freeport McMoRan Inc. will seek Indonesia’s approval to keep exporting mined copper beyond a May deadline to avoid building up stockpiles of concentrates as it…
US lets Samsung, SK Hynix expand giant chip plants in China
The Biden administration will allow Samsung Electronics Co. and SK Hynix Inc. to acquire the equipment they need to sustain and expand their giant chipmaking…
UK envoys head to India as nations seek to conclude trade deal
UK envoys are due in New Delhi this week as the two countries seek to bring almost two years of trade negotiations to a conclusion,…
CMB, Frontline and Famatown agree on integrated solution for deadlock at Euronav
CMB NV (“CMB”) is pleased to announce that it has reached an agreement with Frontline plc (“Frontline”) and Famatown Finance Limited (“Famatown”), the other reference…
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