Air Freight News
Traders Bet on Aluminum Price Surge as LME Weighs Russia Ban
Aluminum traders are making bold bets in the options market to position for price spikes later this year, as the metals world weighs the possibility…
European Aluminum Giant Calls for Sanctions on Russian Metal
Norsk Hydro ASA, which operates the largest primary aluminum plant in Europe, is calling for sanctions to be imposed on Russian metals as European producers…
Inflation Starts to Drag on Consumers Powering US Economy
There are early signs that US consumers, who have been largely resilient in the face of relentless inflation, are beginning to balk at high prices.
Too much gas… Europe’s energy crisis takes a surprise turn
Europe suddenly has more gas than it can use.
Russia ships record volumes of gas and steelmaking coal to China
China imported record quantities of Russian liquefied natural gas and steelmaking coal in September, as total purchases of energy products topped $50 billion since the…
Australian wine exports slump 11% as China tariffs crimp demand
China tariffs, global freight snarls and changing consumer habits during the pandemic have caused an 11% slump in the value of Australian wine exports in…
Australia budget expected to rock stocks from housing to mining
Mining, infrastructure, and childcare shares are among just a handful of stock winners expected to be unveiled within Australia’s budget Tuesday, as the new Labor…
Calgary staff who left ‘toxic’ oil brokerage start a new firm
Staff members who exited a prominent Calgary-based oil firm at the center of multiple lawsuits have formed a new brokerage for trading Canadian and US…
US and Canada on joint cooperation with semiconductor manufacturing
Joint Readout on Cooperation between the U.S. Department of Commerce and Innovation, Science and Economic Development Canada
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Two-Cent Venezuela Bonds Lure Traders Hunting Lottery-Like Score
It’s one of the most outlandish bets in global credit markets: Buying up defaulted bonds sold by a country under sanctions that leave US investors…