Saudi crude oil tanker backlog at Ain Sukhna begins to clear
A backlog of Saudi-owned supertankers that has built up off Egypt’s Red Sea coast is beginning to clear.
Canada’s West Coast port strike seen putting country’s reputation at risk
A strike by dockworkers on Canada’s west coast stretched into a fourth day, causing business groups to warn of a growing risk to the country’s…
JPMorgan says Southeast Asia benefiting from supply-chain shift
Southeast Asian markets remain attractive as supply chain shifts away from China to the region will mitigate some of the impact from a slowdown in…
Portugal hires Ernst & Young, Finantia to value airline TAP before planned stake sale
Portugal hired Ernst & Young and Banco Finantia SA to carry out valuations of TAP SA as part of a plan to sell a stake…
Japan to monitor China’s metals curbs for trade rules violations
Japan warned Tuesday it will oppose any violations of World Trade Organization rules and other international agreements as China tightens export controls on two metals…
SpiceJet is most delayed Indian airline as summer rush hits
Passengers on cash-strapped SpiceJet Ltd. are experiencing the most flight disruptions in India, the world’s fastest-growing aviation market.
Russia’s crude exports rebound as signs of cuts remain elusive
Seaborne crude flows jumped to a seven-week high in the seven days to July 2
US to curb China access to cloud services like Amazon, WSJ says
The US is preparing to curtail Chinese companies’ access to cloud-computing services including those provided by Amazon.com Inc. and Microsoft Corp., the Wall Street Journal…
Xi Urges open supply chains after curbing exports of key metals
Chinese leader Xi Jinping called on nations to spurn decoupling and the cutting of supply chains, one day after his nation imposed limits on exports…
Nikola and Arrival add to pileup of setbacks for EV startups
Truck manufacturer Nikola Corp. and delivery-van maker Arrival added to a series of misfortunes for electric-vehicle startups struggling to make it to mass production.
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