Russia says it may cut daily oil output by 700,000 barrels
Russia may reduce its oil output by 500,000-700,000 barrels a day in early 2023 in response to the Group of Seven’s price cap on the…
Nestle CFO sees tough start to 2023 before inflation eases
Nestle SA Chief Financial Officer Francois-Xavier Roger foresees a challenging six months before inflation starts to ease in the second half of 2023.
Winter Storm Walloping the US Threatens to Disrupt LNG Exports
A winter storm battering huge swaths of the US threatens to temporarily disrupt exports of liquefied natural gas from the Gulf Coast, exacerbating the global…
With China still thawing, Australia looks to double India trade
Australia is eyeing India’s burgeoning middle class to help offset the economic damage wrought to some of its major exports by the twin headwinds of…
WorldACD Air cargo trends for the past 5 weeks (wk 50)
Demand drops further in disappointing December
Gates-backed venture plans to build $760 million battery plant
Form Energy Inc., an energy-storage company backed by Bill Gates’s Breakthrough Energy Ventures, is planning a $760 million factory in West Virginia, the latest plant…
A fruit company found cocaine in its banana shipment. This Dutch town paid the price
Cocaine often hitches a ride from Latin America in the same ships that carry produce. The drug is swamping Europe, and some communities have been…
Holiday season shipments drop in December as retailers keep inventories low
New data from FourKites
Port in Bahamas orders Konecranes Gottwald Generation 6 Mobile Harbor Crane to raise productivity and eco-efficiency
Nassau Container Port (NCP) has ordered an eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Crane for container handling at their terminal at Arawak Cay, Nassau,…
Fast-thawing China-Australia ties raise hopes for trade easing
Australian Foreign Minister Penny Wong’s visit to Beijing this week cemented a surprisingly fast thaw in diplomatic relations with China, although it remains to be…
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