Corn futures touch fresh 7-year high on roaring China demand
Corn prices in Chicago reached a seven-year high with China’s appetite for the grain stoking global supply concerns.
EU to end tariffs on $3.4 billion goods if US lifts metal duty
The European Union would immediately lift retaliatory tariffs on about $3.4 billion of U.S. goods if America removes its duties on metals imported from the…
Frozen fish pileup in China threatens global supply chains
A huge pile up of fish cargoes at a Chinese port risks impacting shipments of frozen food across the country and beyond.
Orders for US business equipment rise for an eighth month
Orders placed with U.S. factories for business equipment rose in December for an eighth straight month, underscoring steady improvement in capital investment that’s been a…
EU-Astra vaccine dispute descends into chaos over crunch call
The clash between the European Union and drugmaker AstraZeneca Plc over Covid-19 vaccine delivery delays turned from bitter to chaotic on Wednesday, with the two…
U.K. house builders face shortages and cost hikes as Brexit, virus disrupt trade
U.K. housebuilders are facing a shortage of construction materials and mounting costs as disruptions caused by the coronavirus and Brexit start weighing on the industry.
Bombardier launches major investment plan to modernize and increase production capacity of its factory in Bruges
Global mobility leader Bombardier Transportation has announced today the launch of a major investment and hiring plan aimed at increasing the production capacity of its…
Philip Morris faces risk of imports for US cigarette alternative being blocked
Philip Morris International Inc. faces the possibility of having imports of its IQOS heated-tobacco sticks to the U.S. blocked as early as November in an…
Biden Commerce pick Raimondo pledges ‘aggressive’ steps on China
The U.S. must take “aggressive” steps to combat China’s “unfair” trade practices while also investing in American manufacturing to return production to the country, said…
U.K. warns EU against vaccine protectionism in supplies row
U.K. Health Secretary Matt Hancock warned the European Union against “protectionism” after the bloc’s regulators proposed drugmakers should flag exports of coronavirus vaccines.
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