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Maersk CEO expects Biden Presidency to soothe EU trade relations
The chief executive officer of the world’s biggest container shipping company says trade relations between Europe and the U.S. will probably become more “collaborative” under…
Last U.S. oil giant in Venezuela looks to Biden to keep foothold
Chevron Corp.’s willingness to keep a foothold in oil-rich Venezuela will now be a thorny political issue for President-elect Joe Biden to sort out.
Deal or not, Brexit Is seen hampering U.K. economic rebound
Leaving the European Union’s single market will drastically undermine the U.K.’s recovery from a slump caused by the coronavirus pandemic, according to KPMG.
List of 31 Chinese firms named in U.S. investment ban
Here are the 31 firms identified by the U.S. Department of Defense as “Communist Chinese military companies” operating directly or indirectly in the U.S.
Maersk starts $1.6 billion share buyback as guidance raised
A.P. Moller-Maersk A/S has launched a $1.6 billion share buyback program, as the world’s biggest container shipping company says the Covid crisis has so far…
UN recruits 40 airlines to deliver vaccine to poorest states
United Nations humanitarian relief agency Unicef is looking to recruit some of the airline industry’s biggest operators to help distribute a coronavirus vaccine to the…
Cases of wine piling up in Australia as China shuns imports
Australian wine exporters should be preparing for their peak selling season, the months preceding Christmas and New Year celebrations in China. They are instead watching…
Brexit creates jobs for customs staff in Eastern Europe, India
U.K. companies are turning to cheaper overseas labor to complete their post-Brexit customs paperwork, creating jobs in countries such as Romania and India due to…
Shipping watchdog sets rules to curb industry’s pollution
The organization responsible for setting global environmental standards for shipping approved rules designed to curb the industry’s carbon emissions, triggering criticism that its measures won’t…
U.S. farms may face profitability squeeze into 2021, survey says
A shaken U.S. agriculture industry already “stressed” by a profitability squeeze in a pandemic year may see little relief in 2021, according to a survey…