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Ukraine chaos leaves food and metal shipments stranded
Commodity exports from Ukraine, one of the world’s most important grain suppliers, were thrown into chaos after Russia’s invasion forced ports and railways to start…
US corn acres set to top forecasts despite farm-cost surge
America’s growers are forecast to plant more corn than expected this year in spite of surging farm inflation of everything from fertilizer to fuel.
Biden readies address on plan for ‘severe’ Russia sanctions
U.S. President Joe Biden promised to impose “severe sanctions” against Russia for its invasion of Ukraine and will spell out the economic penalties in a…
China to demand ride-hailing fee caps, transparency this year
Ride-hailing firms and online trucking platforms in China will have to set reasonable caps on their fees and make their pricing rules public this year,…
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Shipping rates resume rise as snarls extend Into seasonal lull
Container shipping rates are creeping higher after staying mostly stable this year, a signal that supply strains remain a drag on a global economy now…
US to ‘aggressively’ enforce Russia sanctions, official says
The U.S. will “aggressively enforce” severe sanctions against Russia that President Joe Biden will announce on Thursday in response to the nation’s invasion of Ukraine,…
Ukraine war upends flights, stokes fears for airline staff, jets
The invasion of Ukraine shattered air travel across much of eastern Europe as carriers avoided airspace above the beleaguered country as well as neighboring nations…
Qantas offering $3,600 stock bonuses to stem staff exodus
Qantas Airways Ltd. is offering 20,000 workers shares worth more than A$5,000 ($3,600) if they stay at the airline for another 18 months, part of…
British Airways owner IAG weighs asset sales to raise cash
IAG SA is considering several ways to raise cash while global travel remains subdued, including possible asset disposals, according to people familiar with the matter.
Paris wheat hits record and corn surges as attack risks supplies
Grain markets catapulted even higher as Russia’s attack on Ukraine put a vital source of global supplies at risk.