US, Taiwan to hold trade talks in Taipei in defiance of China
Officials from the US and Taiwan plan to hold trade talks in Taipei this month, highlighting the expansion of ties between the two sides in…
IRS ticks off Tesla and makes Hyundai happy with EV tax credits
The US government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric…
Fresh fragility in global trade set to be revealed in 2023
It’s been almost two years since an Arabian sandstorm roiled the world’s supply networks by nudging a 1,300-foot-long container ship into the muddy bank of…
Battered by Covid, China hits pause on giant chip spending aimed at rivaling US
China is pausing massive investments aimed at building a chip industry to compete with the US, as a nationwide Covid resurgence strains the world’s No.…
McDonald’s is abandoning Kazakhstan as Russia’s war spills over
McDonald’s Corp. is set to abandon Kazakhstan after disruptions triggered by the invasion of Ukraine left the central Asian nation without a substitute for Russian…
China discussing easing of ban on Australia coal imports
Chinese bureaucrats are discussing plans to resume some imports of Australian coal after a more than two-year ban as relations between the nations improve.
NRF economist says balance between inflation and interest rates is key to avoiding recession
It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession, but continuing interest rate hikes increase the…
Energy commodity prices in 2022 showed effects of Russia’s full-scale invasion of Ukraine
After increasing 68% from January through June, the energy component of the S&P Goldman Sachs Commodity Index (GSCI) ended the year 10% higher than the…
iPhone City is back at 90% capacity after Covid turmoil subsides
Foxconn Technology Group has brought the world’s largest iPhone plant to about 90% of anticipated peak capacity, suggesting Apple Inc.’s biggest main production partner has…
South Korea exports accelerate as shipments to US overtake China
South Korean exports continued to grow last month, helped by rising demand from the US that overtook China as the biggest market for the first…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
