Chip industry’s China crisis hammers Lam but may spare ASML
The Biden administration’s trade restrictions on China are wreaking havoc with the chip-equipment industry, but a pair of company forecasts shows that the pain won’t…
Boeing offers 737 Max jets to Air India amid US-China trade tensions
Boeing Co. is offering 737 Max jets once slated for Chinese customers to Air India Ltd. as the planemaker tries to offload some of the…
Manufacturing and retail activity fall sharply as global trade slowdown extends to a third consecutive quarter
• Europe’s energy crisis is triggering a cost and demand crunch for supply chains in the UK and across the Eurozone. • US domestic trade…
Germany, France urge talks on US climate law to avoid trade war
German and French ministers called for talks with the US administration to avoid a trade war over measures in President Joe Biden’s climate law they…
China to remain a key trade partner for Australia, official says
China is an “important trading partner” for Australia and will remain so in the face of headwinds ranging from Covid lockdowns to supply-chain disruptions, a…
Brexit cut trade between UK and EU by close to 20%, ESRI says
Brexit resulted in a “substantial negative impact” for trade in both directions between the European Union and the UK, according to Ireland’s Economic and Social…
EU to sanction Iran drone maker, three generals on Russia sales
The European Union is set to propose sanctioning three Iranian individuals and one entity for providing military support to Russia for its war against Ukraine…
Singapore PM warns US chip curbs can have ‘wide ramifications’
Singapore’s Prime Minister Lee Hsien Loong warned the US decision to curb supply of microchips to Chinese companies could have widespread consequences and greater decoupling…
EU’s sanctions against Russia risk ensnaring more oil tankers
The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of industry standard insurance, a move…
EU inches toward sanctioning Iran for supplying drones to Russia
European Union countries want to review evidence to confirm when Iranian drones were delivered to Russia before imposing new sanctions against the country, according to…
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