UK seeks aerospace deals in new trade pact with Washington state
The UK will sign a trade pact with Washington state aimed at facilitating aerospace deals with the US, as it seeks to bolster its economic…
War forces grain and oil to travel record distances, UN says
Buyers are shipping grains and oil from further and further away after Russia’s invasion of Ukraine disrupted traditional trade routes.
US-China tensions boost prospects for Mexico copper smelter plan
US-China tensions are boosting the prospects of a Mexican copper smelter project proposed by Southern Copper Corp.
DOJ steps up probe of Credit Suisse and UBS over sanctions breaches
The US Department of Justice has stepped up its probe into Credit Suisse Group and UBS Group AG over suspected compliance failures that allowed Russian…
Europe lines up African minerals pacts to ease reliance on China
The European Union is finalizing partnerships with the Democratic Republic of Congo and Zambia to boost local industries as the bloc competes with China to…
France’s Le Maire says EU must ‘stop’ aiding China, US factories
French Finance Minister Bruno Le Maire said he will campaign for the European Union to ditch its state-aid dogma to ensure funds go to supporting…
Xi stresses safeguarding security, China interests in opening up
Chinese President Xi Jinping urged cadres to strengthen efforts to safeguard the nation’s security and interests in the process of opening up, as he pledged…
China scoops up cheap Indian iron ore in bid to trim steel costs
Indian iron ore exports have surged this year as steel mills, mainly in the biggest buyer China, switched to lower-grade, cheaper feed in the face…
India’s share of global manufacturing and exports forecast to rapidly expand
India is poised to become a major global manufacturer and exporter as multi-nationals seek alternatives to China and investment transforms trade processes and logistics infrastructure,…
Mercedes S-Class, Porsche stand to lose most in China tariff row
The European Union’s probe into Beijing’s electric-vehicle subsidies is meant to protect its carmakers from a flood of cheap Chinese cars. But if it leads…
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