Argentina creates new foreign exchange rate for soy exports
Argentine Economy Minister Sergio Massa announced Sunday a special exchange rate for the country’s soy producers in a bid to incentivize exports, shore up central…
Lufthansa averts pilots strike after last-minute pay raise offer
Deutsche Lufthansa AG averted a disruptive pilot strike after raising its pay offer, a move that will avoid cancellations while complicating the airline’s efforts to…
German port congestion, supply bottlenecks weigh on global trade
Supply-chain snarls are persisting, with more than 2% of all global shipping capacity at a standstill outside Germany’s North Sea ports.
Tycoon Adani to start exporting power from India to Bangladesh
Tycoon Gautam Adani plans to start exporting electricity from a coal-fired plant in eastern India to Bangladesh before the end of the year, helping to…
South Africa’s biggest airport closes a runway after grass fire
Johannesburg’s OR Tambo International Airport was forced to close one of its runways after dry grass caught fire and “spilled over from the adjacent community…
Billionaire bets on renewables in biggest 2022 Philippine IPO
Philippine billionaire Enrique Razon made his fortune operating ports and running casinos. His next target is the country’s nascent renewables industry.
World’s deadliest roads in focus after billionaire’s fatal crash
The car accident over the weekend that killed Cyrus Mistry -- scion of one of India’s best-known business families -- has reignited concerns about the…
US allows Trump-era China tariffs to continue pending review
The Biden administration will allow Trump-era tariffs on hundreds of billions of dollars of Chinese merchandise imports to continue while it reviews the need for…
Revving exports to US keeps India in race to become next China
India, believed by many to have the potential to become the next China, is finally making headway in the exports market as it broke into…
Turkey raises inflation estimates, sees record trade deficit
Turkey raised the country’s full-year inflation forecast to 65%, a sign that soaring prices will remain an issue as President Recep Tayyip Erdogan attempts to…
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