Palm oil imports by no. 1 buyer seen tumbling to nine-year low
Palm oil purchases by India will probably plummet to the lowest level in nine years as the closing of restaurants and hotels to contain the…
Tariff bomb is back to cast doubt on Asia rebound
Investors and analysts are still scrambling to update their models to factor in a collapse in earnings and a barrage of terrible economic data. Now,…
India pledges easy access to land for factories leaving China
India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with the knowledge…
Tampa FTZ announces COVID-19 application fee waiver and third-party FTZ service provider annual fee deferral programs
The Tampa Bay/I-4 Corridor Foreign-Trade Zone (TB/I-4 FTZ) project announces the establishment two new programs –the COVID-19 Application Fee Waiver Program and the Third-Party FTZ…
GE to Slash 13,000 Jobs in Aviation Amid Air Travel Plunge
General Electric Co. will cut about 13,000 jobs from its jet-engine operation, in the latest sign of the devastating impact of the coronavirus outbreak on…
Asia’s Factories Plunge to Record Lows as Global Lockdowns Hurt
Factory output across several Asian countries slumped to record lows in April, signaling a deeper contraction in the world’s manufacturing hub even as China begins…
Europe’s Steelmakers Send S.O.S. Fearing Import Surge
The coronavirus pandemic has turned a routine European Union review of restrictions on imported steel into something with much higher stakes as EU-based producers push…
Treasuries Rise After Trump Renews Threat of China Trade War
Treasuries climbed after U.S. President Donald Trump revived his attack on China, speculating it could have spread the coronavirus and threatening trade tariffs.
U.K. Factories in Record Slump as Coronavirus Upends Supply Chains
U.K. manufacturing contracted more than expected and households paid down credit as the coronavirus pandemic spread.
Brexit Breakthrough Slips Further Out of Reach After Virus Delay
Crucial decisions about the U.K.’s future relationship with the European Union are set to be crammed into a dramatic final few weeks of the year…
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