CEO of South African freight monopoly quits as firm founders
Two top executives at South Africa’s beleaguered state ports and rail operator quit after facing criticism by mining companies over their failure to arrest its…
EU begins early-stage probe into AI chip market abuses that Nvidia dominates
The European Union is examining alleged anticompetitive abuses in chips used for artificial intelligence, a market that’s dominated by Nvidia Corp.
Striking South African coal port workers reject wage offer
Workers at the Richards Bay Coal Terminal in South Africa rejected its latest wage offer and will continue to strike, according to the main labor…
Europe’s war on carbon goes global as border tax comes into play
The European Union has been accelerating its push to become the first climate-neutral continent. A new policy coming into force on Sunday will be a…
Poorest monsoon in five years clouds India sugar export prospect
India recorded the weakest monsoon rains in five years, increasing the risk to crops in the fields and raising the probability of longer curbs on…
South Korea’s export decline eases further, adding to optimism
The slump in South Korean exports eased further in September in a positive sign for an economy that depends heavily on trade.
Global supply chains key for China and Germany, He Lifeng says
China and Germany are committed to maintaining global economic interconnectivity, Chinese Vice Premier He Lifeng said after a meeting in Frankfurt.
EU trade boss warns post-Brexit EV tariff to only benefit China
The European Union’s trade commissioner said an influx of electric vehicles from China is weighing on a decision on whether to delay tariffs on EVs…
Yellen concerned about evasion of Russia oil cap while prices climb
Treasury Secretary Janet Yellen said that recent market prices for Russian oil suggest that the Group of Seven’s price cap is no longer working as…
Natural Gas Weekly Update
Natural gas combined-cycle power plants increased utilization with improved technology...
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