Sony struggles to make enough PlayStations as supply disrupted
Sony Group Corp. is facing fresh challenges in its critical video game division as component shortages and supply-chain disruptions risk hampering production of the flagship…
‘Happy situation’ for India as high prices bolster sugar exports
India will be able to keep exporting sugar without government subsidies if global prices stay close to current levels, according to Somit Banerjee, head of…
Johnson shies away from escalating Brexit row for now
The U.K.’s desire to rewrite the Northern Ireland protocol was absent in detail from the Queen’s Speech on Tuesday, amid reports that domestic legislation is…
Raimondo announces temporary suspension of 232 tariffs on Ukraine steel
Suspended tariffs will bolster one of Ukraine’s most important industries
CAMMU statement on US suspension of steel tariffs on Ukraine
The Coalition of American Metal Manufacturers and Users (CAMMU) applauds the suspension of “national security” Section 232 steel tariffs on Ukraine by the Biden Administration.
New York hospitals battle supply shortages on Shanghai lockdown
Shanghai’s strict Covid-19 curbs are disrupting health care services halfway across the world, with hospitals in New York suffering a shortage of chemicals used in…
Inflation catching up to Indonesia’s exports-driven recovery
Indonesia’s inflation picked up to a three-year high last month, on the heels of steady economic growth in the first quarter that was driven by…
US lifts tariffs on Ukrainian steel in symbolic move
The Biden administration announced it is lifting tariffs on Ukrainian steel for one year, a mostly symbolic move by the U.S. to boost the the…
China’s export growth weakens to 2020 low as lockdowns bite
China’s exports and imports struggled in April as worsening Covid outbreaks cut demand, undermined production and disrupted logistics in the world’s second-largest economy.
Europe aims to revive trade deals to secure allies
The European Union aims to secure at least three stalled trade accords this year as the bloc looks to reinforce strategic alliances amid the turmoil…
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