Vestager backs ‘intrusive’ rules as EU targets Chinese firms
The European Union needs “intrusive” rules to prevent foreign state-funded firms -- such as those from China -- from undercutting EU rivals, the bloc’s competition…
Biden commerce chief calls for surge in U.S. chip production
Commerce Secretary Gina Raimondo called for a major increase in U.S. production capacity for computer chips whose current shortages are causing global manufacturing bottlenecks, saying…
Johnson and Modi pledge ‘quantum leap’ in U.K.-India ties
The U.K. and India pledged a “quantum leap” in their relationship and said they aim to double their trade by 2030, following a virtual meeting…
Australia probe of China port signals trouble for Beijing
Five years ago, Australia’s defense chief dismissed worries over a Chinese company leasing a port used by U.S. Marines as “simply absurd.” Now the government…
China tensions spill over as Europe moves toward Biden’s side
The biggest shift could come later this year if Germany’s Greens take on a role in government after the September election.
White House backs Pfizer’s move to begin vaccine exports
The Biden administration is supporting Pfizer Inc.’s move to begin exporting U.S.-made doses of its coronavirus vaccine, as the White House starts to unleash production…
With no holds barred, traders bid up lumber to fresh record
Lumber roared to a fresh record high on Monday, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some…
With ‘feel-better situation’ for consumers, economy could see fastest growth since 1980s
With more businesses reopening and bringing employees back to work, the U.S. economy is on firm footing and could see its fastest growth in more…
Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020
Costs were still substantially lower in many markets compared to late 2019
Global effort to save dwindling ocean fish faces moment of truth
Decades of talks to end government subsidies that fuel overfishing could result in a WTO deal this summer, but several nations are seeking exemptions.
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