Nike to increase vietnam investments as production ramps up
Nike Inc.’s Vietnamese subcontractors have resumed production and the company plans to increase its reliance on the Southeast Asian country to make its shoes with…
U.S. grains tumble as farmers weigh whether to store or sell
Corn snapped a five-day rally as American farmers consider whether to sell their harvested grain now or keep it in hopes of higher prices next…
Boris Johnson plays down rift with France over Brexit fishing licenses
Boris Johnson downplayed the significance of a rift between the U.K. and France over post-Brexit fishing licenses, calling the issue “vanishingly unimportant” compared with efforts…
EU steel deal to slow U.S. inflation, Commerce Chief says
The U.S.’s decision to remove tariffs on steel and aluminum from the European Union in a weekend deal with the bloc will help slow inflation…
U.S. blocks duty-free trade access to Ethiopia over conflict
The U.S. suspended duty-free access to Ethiopian exports because of a yearlong civil war that’s spawned a humanitarian crisis in the Horn of Africa nation.
Italy’s factories outperform most European peers on supply shock
Italy’s manufacturing sector saw more rapid expansion last month, bucking the general weakening trend in the region as Prime Minister Mario Draghi tries to spur…
France pulls back in Brexit fish row, gives talks more time
President Emmanuel Macron backed away from his imminent threat to punish the U.K. for restricting the access of French fishing boats to British waters, saying…
Supply chain crisis risks taking the global economy down with it
New Bloomberg Economics gauges show the extent of the global supply shortages that are pushing prices higher and putting economic recoveries at risk.
Sinking auto steel demand reveals cracks in robust U.S. market
The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders…
Wheat closes at highest since 2012 as food inflation fears grow
Benchmark wheat in Chicago climbed above $8 a bushel for the first time in almost nine years as importers boost purchases amid adverse weather conditions…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
