South African current account gap narrows as imports slip
South Africa’s current account deficit shrank by much more than expected in the third quarter, reflecting lower import volumes amid weaker demand and logistics bottlenecks.
G-7 to ban Russian diamonds starting next year
Group of Seven nations have agreed to ban Russian diamond imports from the start of next year in the latest move to curb Russia’s ability…
Xi tells EU leaders China wants to be ‘key partner’ on trade
Chinese President Xi Jinping told European Union leaders that he wants the two sides to be key trade partners capable of building trust over supply…
Russian uranium import ban teed up for US House floor vote
Legislation that would bar the import of enriched Russian uranium into the US has been teed up for a vote in the US House of…
Taiwan wants to push bounds of US trade deal to beat isolation
Taiwan’s top trade negotiator signaled a desire to expand Taipei’s initial agreement with Washington into one that more closely resembles a free trade deal, as…
Brazil finance chief bails on Mercosur to focus on budget talks
Brazil Finance Minister Fernando Haddad will skip this week’s Mercosur summit in Rio de Janeiro, prioritizing negotiations in congress to raise tax revenue over trade…
Nvidia sees Huawei as formidable AI chipmaking rival, CEO says
Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to…
Europe faces coffee shortage as deforestation rules lack clarity
The European Union is facing the prospect of a coffee shortage in 2025 as the market grapples with a lack of clarity around the implementation…
EU proposes three-year delay before EV tariffs hit UK trade
The European Union proposed delaying by three years tariffs on electric vehicles traded with the UK that are set to kick in on Jan. 1,…
Coffee lovers to endure more pain as Vietnam’s crop to fall
The world may get even less coffee from Vietnam, the biggest grower of the robusta variety used in instant drinks and espressos, as a smaller…
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