Philippines caps rice prices amid hoarding, inflation risks
Philippine President Ferdinand Marcos Jr. has imposed ceilings on rice prices across the country amid an “alarming” increase in retail costs of the staple grain…
Russian LNG flows to Europe slump on weaker demand, maintenance
Russian liquefied natural gas shipments to the European Union slumped last month due to plant maintenance and weaker demand, but exports could rebound if a…
Canada launches challenges to US softwood lumber duties
Canada is launching challenges to the latest US duties on softwood lumber, arguing the “unjustified” tariffs are harming a key Canadian sector and driving up…
Ukraine seeks to boost crop exports via Danube despite attacks
The Ukrainian grain industry is lobbying the governments of Ukraine and Romania to set up anchorage areas in the waters of both countries to help…
UPS offers severance package to 167 pilots as air cargo slumps
United Parcel Service Inc. is offering a voluntary severance package for 167 pilots amid a slump in air freight volume.
Korea’s export slump eases in indication worst may be over
South Korea’s exports fell at a more moderate pace in August, offering signs of improvement in demand for semiconductors and adding to evidence of a…
Fake spare parts were supplied to fix top-selling jet engine
European aviation regulators have determined that an obscure London-based company supplied bogus parts for repairs of jet engines that power many older-generation Airbus SE A320…
CMA CGM completes the acquisition of GCT Bayonne and New York container terminals
• Acquisition expands CMA CGM’s U.S. East Coast footprint, strengthening the Group’s position as a global terminal operator. • Development plan at both terminals will…
Big tech is coming for the oil patch’s workers, and winning
Jose De Hoyos is recruiting in the oil patch. He got his start meeting workers in Pennsylvania’s Marcellus shale basin. This month, you’ll find him…
India sees Russian oil ebbing as rival suppliers step up
India’s splurge on cheap Russian crude may be over, as New Delhi’s traditional suppliers in the Middle East step back in with attractive conditions.
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