Silicon’s 300% surge throws another price shock at the world
A metal made from the second-most abundant element on Earth has become scarce, threatening everything from car parts to computer chips and throwing up another…
A German power plant just ran out of coal in latest energy shock
The global energy crunch forced a German electricity producer to halt a power plant after it ran out of coal.
Ghana’s record cocoa harvest is bittersweet for export industry
The pandemic diminished demand from chocolatiers and left West African farmers with a glut.
Okonjo-Iweala grows frustrated with WTO inertia, floats quitting
Ngozi Okonjo-Iweala, the leader of the World Trade Organization, began the year with a plan to score quick negotiating victories that she said would help…
EU makes $2 billion push to curb reliance on China’s rare earths
The European Union is pushing for the continent to establish its own supply of rare earths to reduce an uneasy reliance on China for the…
India swings to bigger-than-expected current account surplus
India’s current-account balance swung to a surplus last quarter, thanks to robust services exports and a narrower trade deficit.
EU, US divided on steel-duties solution as deadline nears
The European Union and U.S. are still divided over their dispute regarding Trump-era metals tariffs and is waiting for Washington to provide more details on…
EU, US seek to avert chip-subsidy race, float supply links
European Union and U.S. officials on Wednesday discussed ways to address the global chip shortage without racing to provide government subsidies while also fostering collaboration…
Europe asking Russia for more coal Is set for disappointment
It’s not just extra natural gas that Europe’s struggling energy markets are finding tough to get from Russia.
Philip Morris IQOS imports barred in Reynolds tobacco fight
Philip Morris International Inc. and partner Altria Group Inc. will be barred from importing the IQOS heated-tobacco sticks into the U.S. after they lost a…
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