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China power crisis to kick off global race for coal imports
China’s power crisis looks set to spur it to import more coal from a wider range of producers, putting it into competition with European and…
US senators vow sanctions if Turkey buys new Russian missiles
U.S. Senators warned NATO ally Turkey that they would trigger new sanctions if it goes ahead with plans to purchase additional Russian missile defense systems.
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U.K. relaxes antitrust rules, may bring in army to boost fuel supplies
Prime Minister Boris Johnson is ready to bring in Army drivers if needed to fix a supply chain crisis that threatens to engulf his U.K.…
India Will Export 8 Million Vaccine Doses Under Quad Partnership
India will make 8 million doses of Johnson & Johnson’s Covid-19 vaccine available by the end of October under the Quad partnership, Foreign Secretary Harsh…
Dubai’s non-oil external trade surges as city prepares for expo
Dubai’s non-oil foreign trade jumped 31% in the first half as the Middle East’s business hub prepares to host one of the world’s biggest in-person…
US move to end Huawei saga helps China ties - at a cost
The U.S. met one of China’s key demands to improve relations with the release of a top Huawei Technologies Co. executive, paving the way for…
Brexit red lines crack as Britons line up for fuel and food
The red lines of Boris Johnson’s Brexit project are starting to crack as voters face growing shortages of food and fuel, as well as a…
Nike cuts revenue forecast amid Vietnam factory shutdowns
Nike Inc. lowered its sales forecast as production and shipping delays hobbled the company’s efforts to meet strong demand for shoes and athleticwear.
Huawei’s Meng reaches deal with US prosecutors over charges
Huawei Technologies Co. executive Meng Wanzhou and the U.S. Justice Department have reached a deal to resolve criminal charges against her.
Readout of Biden Administration convening to discuss and address semiconductor supply chain
Today, Secretary of Commerce Gina Raimondo and National Economic Council Director Brian Deese convened semiconductor industry participants and discussed the progress industry has made to…