Air Freight News
Russia labeling law cuts off imports of Dom Perignon and Krug
Moet Hennessy halted shipments of Champagnes such as Dom Perignon to Russia amid new rules that now reserve the name for bubbly wines produced locally.
Record semiconductor shipments fuel Taiwan’s export growth
Taiwan’s exports continued to grow in June as exporters kept their factories running even as restrictions aimed at containing an outbreak of Covid-19 weighed heavily…
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US worker aid becomes a casualty as Biden trade authority ends
President Joe Biden’s pledge to refrain from pursuing new trade deals is leaving a key training and assistance program for workers, who the administration says…
Philippine peso slumps to one-year low as import demand surges
The Philippine peso dropped to its lowest level in more than a year amid rising volatility and a spike in imports and oil prices.
Biden’s Asia czar says the US’s standing in Asia has ‘slipped’
The White House’s top official for Asia said America’s position in the region has “slipped” as an assertive China makes advances across the region.
U.K. dodges Brexit auto disaster as Vauxhall plant goes electric
Stellantis NV will convert its lone U.K. car factory to make electric vans, ending months of anguish at an almost 60-year-old plant threatened by the…
Indonesia to import oxygen tanks as health system struggles
Indonesia plans to start importing oxygen tanks as the country battles a fresh wave of coronavirus infections that has overwhelmed its medical system.
EU and U.S. to Discuss Digital Tax Ahead of Bloc’s Levy Plan
The European Union’s digital chief will meet U.S. Treasury Secretary Janet Yellen next week as the EU delayed plans for a digital levy after a…
U.S. Census Bureau: Manufacturers’ Shipments, Inventories, and Orders
New orders for manufactured goods in May increased $8.1 billion or 1.7 percent to $495.5 billion.
Commerce Increases Restrictions on Burmese Military by Adding Four Entities to Entity List in Continued Response to the Recent Military Coup
The Commerce Department’s Bureau of Industry and Security (BIS) has added four entities to the Entity List in its latest action in response to the…