Air Freight News
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Micron vows $600 million China investment weeks after chip ban
Micron Technology Inc. promised to invest another 4.3 billion yuan ($602 million) in its Chinese chip-packaging plant, a significant outlay announced weeks after Beijing imposed…
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Russia still top US uranium supplier despite efforts to wean off
Russia remained the number one supplier of nuclear reactor fuel to the US last year, amid unsuccessful efforts to wean off of the Kremlin’s supply…
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Micron nears $1 billion investment in India chip packaging plant
Micron Technology Inc. is close to an agreement to commit at least $1 billion toward setting up a semiconductor packaging factory in India, according to…
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Billionaire Reuben brothers sue Trafigura over nickel fraud
Legal filings describe counterfeit shipping documents circulating in the nickel market and containers being shipped back and forth around the world without being unloaded.
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Japan’s exports grow at weakest pace since 2021 as demand slows
Japan’s exports expanded at the weakest pace in over two years amid a global economic slowdown, adding to uncertainty over the country’s growth outlook amid…
Top US chip gearmaker accuses China rival of 14-month spy spree
Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal some of its most valuable secrets, allegedly…
South Africa extends ban on scrap-metal exports by six months as it seeks to curb theft
South Africa extended a ban on scrap-metal exports by six months as the government tries to combat theft and vandalism of public infrastructure.
India May trade gap widens as weaker global demand drags
India’s trade deficit widened last month after shrinking to a near two-year low in April as exports declined on weakening demand for goods in most…
EU set to scrap trade curbs to some Chinese firms on Russia
The European Union is set to scrap plans to restrict trade with five Chinese companies with alleged ties to Russia, as the bloc gets closer…
‘Fundamental revisit’ of UK-EU trade needed, says BOE policymaker
Britain’s trade strategy needs reinventing to ensure both services and manufacturing businesses can thrive following the nation’s exit from the European Union, according to a…