India delays shock move to curb imports of laptops, tablets
India backtracked Friday on its sudden plan to curb laptop and tablet imports without a license, giving companies three months to secure the permits.
Fight over China’s barley market to heat up after tariffs lifted
China’s decision to scrap tariffs on Australian barley is set to shake up global trade, with the return of the supplier heating up competition with…
Wheat climbs as attack poses Risk for key Russian export route
Wheat extended gains after Ukraine used sea drones to cripple a Russian naval vessel and an oil tanker over the weekend, posing a risk for…
July 2023 U.S. Transportation Sector Unemployment rises above July 2022 level
The unemployment rate in the U.S. transportation sector was 4.9% (not seasonally adjusted) in July 2023 according to Bureau of Labor Statistics (BLS).
India considers scrapping wheat import tax to cool prices
India, the world’s second-biggest wheat producer, may abolish an import tax so that buying the grain from overseas becomes more attractive, a move aimed at…
China scraps Australian barley tariffs as trade relations thaw
China will scrap import tariffs on Australian barley from Aug. 5 in the latest sign of improving ties between the two countries.
Apple, Samsung halt India laptop imports after sudden curbs
Apple Inc., Samsung Electronics Co. and HP Inc. are among the biggest names freezing new imports of laptops and tablets to India after the South…
Nikola hires GM veteran for top role at troubled EV maker
Nikola Corp. said Chairman Steve Girsky will take over as its chief executive officer, replacing Michael Lohscheller after less than a year in the role…
World Trade forecast cut as Maersk flags fears for economy
Shipping giant A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, indicating that weak demand continues to hamper…
Xi’s Spent Two Days Outside China in 2023 as Problems Mount
Two days is all President Xi Jinping has spent outside his country this year, as mounting domestic problems from a faltering economy to rare political…
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