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US to add China’s SMIC, CNOOC to blacklist, Reuters says
The Trump administration is poised to add chipmaker SMIC and offshore oil-and-gas explorer CNOOC to a list of firms blocked from American investment due to…
Biden Invited to NATO summit ‘early next year’, Stoltenberg says
The North Atlantic Treaty Organization plans a summit in Brussels “early next year” after U.S. President-elect Joe Biden takes office, according to the alliance’s chief.
Treasury Wine retreats from China after crippling 169% tariffs
Treasury Wine Estates Ltd. unveiled an emergency plan to find new markets for its best-known labels after China imposed crippling anti-dumping duties of 169% on…
Canada tweaks aid plan for dairy farmers hurt by trade pacts
The Canadian government has narrowed its timeline to release the remaining C$1.4 billion ($1.1 billion) of federal aid to supply-managed dairy farmers by about five…
Turkey makes overtures to EU concerns amid threat of sanctions
Turkey pulled an energy exploration ship from the eastern Mediterranean and emphasized its respect for non-Muslim minorities, in overtures to European leaders who’ll be pondering…
Apple suppliers’ exodus from China won’t slow down under Biden
The splintering of the global tech supply chain that began during President Donald Trump’s watch looks set to persist under his successor.
China’s set to import more US corn and squeeze global prices
China is set to import more U.S. corn, with volumes for next year seen hitting the top end of market expectations and squeezing global grains…
London ‘thrown to the lions’ as Brexit finance deal unlikely
The golden age of the City of London began with a big bang. It’s ending with a whimper.
Saudi Arabia goes sour on Turkish goods amid spat
Turkey’s exports to Saudi Arabia fell 15% in September versus the same period last year, the third straight month of declines, amid an unofficial boycott…
Worse than Covid? Risks to UK economy as Brexit deadline nears
With the U.K. economy suffering more from the coronavirus than most advanced nations, the stakes couldn’t be higher as Brexit trade negotiations enter their endgame.