EU subsidies rule would hurt global firms, business groups warn
A draft European Union rule on foreign subsidies would have a “chilling effect” on foreign businesses operating in the bloc at a time when Europe…
Turkey’s trade gap grows as easing chip crisis boosts car demand
Turkey’s foreign trade deficit widened 3.7% on an annual basis in March, as record exports failed to offset rising imports of gold and vehicles.
Biden’s landmark climate bill lures China’s clean energy giants
China’s leading renewables firms are joining the rush to open factories in the US after Washington passed a landmark climate bill that supports local clean…
Shock OPEC+ output cuts to hit demand, rates for oil tankers
OPEC+’s shock decision to cut oil production isn’t just redrawing the outlook for crude prices, it’s also hit the prospects of tanker companies that transport…
Ørsted and Google sign first power purchase agreement in the U.S.
Google will purchase wind energy from Helena Wind Farm located in Bee County, Texas.
USTR releases 2023 National Trade Estimate Report on Foreign Trade Barriers
United States Trade Representative Katherine Tai today released the 2023 National Trade Estimate Report on Foreign Trade Barriers (NTE Report), providing a comprehensive review of…
DB Schenker goes electric for the long haul
• Deployment of 100 eActros LongHaul in the European network with start of series production of the e-truck in 2024 • Battery-electric tractor unit for…
OPEC+ surprises with a voluntary 1.15 million bpd cut - Rystad Energy oil market update
Some OPEC+ countries have surprised markets with a voluntary cut of 1.15 million barrels per day (bpd) causing oil prices to rise and feeding inflationary…
Garcia Cervera appointed chief sales and marketing officer at IAG Cargo
• Camilo Garcia Cervera joins the IAG Cargo Executive Team as Chief Sales and Marketing Officer • Camilo will lead and align the sales and…
CargoAi facilitates eAWB transition and ISC2 with its FWB and FHL features
CargoAi, airfreight’s fastest growing digital enabler, has launched a new feature to support its users with the paperless transition. Starting today, the 9000+ freight forwarders…
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