il rises on US crude stocks draw, waiting for more demand signals - Rystad
After an OPEC+ meeting without surprises, oil prices are rising today as a result of the market confidence that the reported crude inventory decline created,…
Europeans import less British beef, cheese but buy more whisky
Europeans bought the least amount of food and beverages from the U.K. since at least 2012, as sales of products including cheese and beef plunged,…
Key contender to lead Japan warns Taiwan Is ‘next big problem’
The Taiwan Strait may be the next major diplomatic problem after China’s clampdown on Hong Kong, according to former Japanese Foreign Minister Fumio Kishida, one…
Here’s who to look out for in the race to succeed Japan’s Suga
Japanese Prime Minister Yoshihide Suga’s surprise decision to effectively step down as premier by dropping out from a party leadership vote throws the gates open…
Top China chipmaker to invest $8.9 billion in Shanghai plant
Semiconductor Manufacturing International Corp. aims to spend $8.87 billion building a new plant on the outskirts of Shanghai, a major expansion in capacity at a…
Biden faces sanctions test in Afghanistan as Taliban take over
The Biden administration’s reluctance to ease sanctions on the Taliban will hamper the group’s ability to establish a new government in Afghanistan and risk plunging…
New Orleans restarts key power line, first flights take off
A second critical transmission line that delivers power to New Orleans is up and running again and flights are slowly resuming at the city’s airport.
Exxon taps strategic oil reserve after Ida shuts Gulf output
Exxon Mobil Corp. is tapping the U.S. Strategic Petroleum Reserve to revive gasoline production in Louisiana after Hurricane Ida left much of the devastated state’s…
Fraying relations with China are about to hit Australian economy
Australia’s economic resilience in the wake of China’s efforts to punish it for diplomatic slights has some Down Under declaring victory. They might be speaking…
Two new Post-Panamax electric gantry cranes arrive at the Port of Montreal
On Wednesday, August 25, two huge, high-performance electric gantry cranes were offloaded at the Port of Montreal’s Cast Terminal.
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