One of China’s busiest ports jammed by Covid, ship delays
Containers are stacking up at the already backed-up Shenzhen port in China as congestion in the U.S. and Europe ripples back to Asia, delaying ships…
Traders eye key trade talks that may boost Mideast oil to Korea
Oil traders are turning their focus to a potential trade agreement between South Korea and some major Persian Gulf producers that may reduce prices of…
Thai cops raid pork-storage plants as disease worsens shortage
Authorities in Thailand are cracking down on the hoarding of frozen pork meat amid shortages that have helped trigger the doubling of prices.
GM labor vote in Mexico raises red flags for Unifor, AFL-CIO
The largest unions in the U.S. and Canada are raising questions about the fairness of a worker vote that’s set to take place at General…
Morgan Stanley sees brent hitting $100 by third quarter
Add Morgan Stanley to the list of banks expecting crude to reach $100 a barrel later this year.
NYC Gateway Tunnel gets set for Federal funding as U.S. raises priority
The Gateway commuter-rail tunnel project in New York and New Jersey is receiving a long-awaited priority boost that will make it eligible for federal funding.
U.S. charges Belarus officials with piracy in jet diversion
U.S. prosecutors charged four Belarus officials with airline piracy over the diversion of a Ryanair flight last year that resulted in the arrest of a…
Biden’s team says it’s on alert for Omicron disruptions in China
The Biden administration is monitoring real-time data obtained from businesses operating in China to determine whether outbreaks of the omicron variant of coronavirus pose a…
Pelosi says House ‘close’ on China competition, chips aid bill
Speaker Nancy Pelosi said the House is close to finishing legislation to bolster U.S. competition with China and aid the U.S. semiconductor industry that can…
LA Port saw record cargo in 2021 despite trade snarls
(Bloomberg) -- The Port of Los Angeles moved record cargo volumes last year amid an import surge at the U.S.’s biggest container gateway and supply-chain…
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