Russia to boost currency sales to offset energy revenue drop
Russia will almost triple the amount of foreign currency it plans to sell through early March as energy revenues plunge amid mounting restrictions on exports.
Tesla shipments of China-made cars climbed 18% in January
Tesla Inc.’s deliveries from its Shanghai plant rose in January despite the typically quieter Lunar New Year break, spurred by aggressive price cuts on the…
UK train drivers strike again; Risk of more action if talks fail
Britain’s rail network was snarled by another mass strike Friday, with the biggest train drivers’ union warning that more industrial action could be announced if…
Uranium investors pockets are glowing: The London rush
Happy Groundhog Day. Train drivers are striking, again; the Bank of England raised rates yesterday, again; and Emirates Telecom has raised its stake in Vodafone…
Thai AirAsia adding back idled jets amid China tourism restart
Budget carrier Thai AirAsia Co. plans to resume operations of eight aircraft that were idled during the pandemic and is considering shifting planes from other…
Chinese investment in belt and road nations jumps on tech deals
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new…
Hong Kong-China border to fully open in boost for Hub status
The border between Hong Kong and mainland China will fully reopen next week for the first time in three years, reviving the city’s role as…
WorldACD Air cargo trends for the past 5 weeks (wk 4):
Lunar New Year and economic slowdown impact demand
Tesla expected to announce Mexico project soon, Ebrard says
Tesla Inc. is expected to announce an investment in Mexico very soon as the country works to expand infrastructure and renewable energy supply to take…
US detains Chinese aluminum, a suspected product of forced labor
The US is beginning to detain imports of aluminum products suspected of being made through forced labor, particularly from China’s Xinjiang region, according to one…
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