Jeep’s China failure sends foreboding signal to global carmakers
The golden era of brisk growth and abundant profits for international companies and their local joint venture partners is over.
Romania warns corn exports may slump as drought shrinks harvest
Major European grains shipper Romania warned that it could export much less corn and sunflowers this season as it prioritizes local supplies after drought battered…
Yellen touts ‘Friend-Shoring’ as global supply chain fix
US Treasury Secretary Janet Yellen called on “trusted” US allies to strengthen trade relationships to shore up global supply chains disrupted by the pandemic, worsened…
China disputes report Xi invited Europe heads to Beijing meeting
China flatly denied a report that President Xi Jinping had invited top European leaders to meet him in Beijing later this year, and was still…
China plans iron ore giant to assert market control
China has formally created a state-backed iron ore company that’s expected to oversee everything from massive mine investments in West Africa to buying the steelmaking…
Challenging outlook for global supply chains as costs rise while orders fall
Cocktail of challenges triggers a successive quarterly drop in overall trade activity while invoice traffic drops by 7 points as softening orders start to bite.
Challenging outlook for global supply chains as costs rise while orders fall
Transaction data from Tradeshift, a supply chain platform connecting buyers and sellers, shows that global order volumes dropped for the second quarter in a row…
Ukraine Latest: EU sees deal on grain, Russia steps up attacks
The EU’s foreign policy chief said he was hopeful Russia and Ukraine could clinch a deal this week to help export grain from the war-torn…
Stellantis ending China Jeep production in radical shift
Stellantis NV is halting production of Jeeps in China and ending a 12-year joint venture with GAC Group after failing to gain traction in the…
Tesla’s Chinese battery maker is scoping out factory sites in Mexico
China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a…
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