WTO tempers hopes for a V-shaped rebound, sees L-shape possible
Global trade is starting to crawl back after collapsing to a record low in June, the World Trade Organization said, but the outlook remains too…
China’s Xi visits flood-hit Anhui Province in sign that summer conclave is over
China warned that the massive Three Gorges Dam faced its largest-ever flood surge, as President Xi Jinping toured one of the areas hardest hit by…
U.S. curbs on Huawei may impact South Korea’s recovery
New U.S. restrictions against Huawei Technologies Co. threaten to weigh on South Korea’s economy, which is counting on chip exports to China to drive its…
Israeli peace deal coaxes UAE investors out of the shadows
When Tel Aviv-based financier Edouard Cukierman started his first fund in the late 1990s, some of the investors he signed up from the United Arab…
Trump cancels China talks, raising questions about trade deal
President Donald Trump said he called off last weekend’s trade talks with China, raising questions about the future of a trade deal that is now…
Trump administration weighs tighter sanctions on Venezuelan oil
The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, according to people…
Covid hit 20% of meat workers in no. 1 chicken exporter Brazil
One in five workers at Brazil’s meat plants have been infected with coronavirus, according to union estimates. That would make the country home to one…
Bain on hook for $543 million break fee If Virgin deal fails
Bain Capital has agreed to pay A$750 million ($543 million) should it fail to buy Virgin Australia Holdings Ltd., an unusually high break fee that…
Trudeau outlines ‘Expansionist Strategy’ with Freeland on board
Justin Trudeau, seeking to rejuvenate his government’s mandate amid an ethics scandal and double digit unemployment, named a new finance minister, suspended all parliamentary business,…
Amazon makes it harder for sellers to avoid shipping service
Amazon.com Inc. plans to make it harder for merchants to ship products themselves, meaning they’ll be more likely to pay the company to handle the…
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