CBAM implementation pushed back to October 2023
The implementation of the Carbon Border Adjustment Mechanism’s first phase has been delayed until October 2023
China’s EV exports won’t be a mostly Tesla story for much longer
Domestic automakers that Western brands overlooked at their peril have big ambitions to grow outside their home market.
Macron implores Europe to match Biden’s green subsidy package
Emmanuel Macron is calling for the European Union to come up with a robust answer to Joe Biden’s green subsidy package known as the Inflation…
Japan’s trade gap continues to outsize forecasts as yen weighs
Japan’s trade deficit narrowed less than expected in November even as commodity prices cooled, as the impact of the weaker yen continued to weigh on…
WTO says Trump’s metals tariffs broke rules as US rejects findings
The US violated international trade rules when it imposed steel and aluminum tariffs under former President Donald Trump, the World Trade Organization said, a finding…
Rain and blackouts strand third of Ukraine’s corn harvest
A third of Ukraine’s corn crop is still standing in fields as winter sets in, adding further strain on its vital farming sector.
ASML’s CEO pushes back on further export restrictions to China
Dutch chip-gear giant ASML Holding NV has “given up enough” with the pre-existing restrictions on its sales to China, Chief Executive Officer Peter Wennink said.
Oil prices may rally next year as Russian exports sink, IEA says
Oil prices could rally next year as sanctions squeeze Russian supplies and demand beats earlier expectations, the International Energy Agency said.
Europe imports huge amounts of diesel with Russia sanctions near
Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments from its…
Brazil, the world’s biggest beef exporter, is turning away from meat
Meat consumption in Brazil, the world’s biggest beef and chicken exporter, fell sharply this year as rising food prices curbs demand. What’s most curious: more…
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