German exports saw record slump with French demand collapsing
German exports plunged at a record pace in April when economies around the world shut down to contain the coronavirus.
Coronavirus may cost Africa $4.8 billion in crop exports
The coronavirus pandemic could cost Africa as much as $4.8 billion in lost agricultural exports and affect the livelihoods of 10 million farmers, McKinsey &…
Gold imports by India tumble for a second month on lockdown
Gold imports by India slumped by about 99% for a second straight month in May, disrupted by restrictions to control the coronavirus outbreak in the…
TSMC scores subsidies and picks site for $12 billion US plant
Taiwan Semiconductor Manufacturing Co. has secured government subsidies for its envisioned $12 billion chip plant in Arizona, moving closer toward finalizing a facility designed to…
Logistics startup Sennder acquires French rival Everoad
Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe.
Hong Kong’s leader wants more financial integration with China
Hong Kong’s leader said she told Chinese officials the city should be transformed into a global hub for private wealth and a more prominent offshore…
Cathay, Swire Pacific, Air China suspend trading in Hong Kong
Embattled Hong Kong carrier Cathay Pacific Airways Ltd. and its two main shareholders, Swire Pacific Ltd. and Air China Ltd., suspended trading of their shares…
A $26 billion truck company with zero revenue just surged 103%
Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no…
Economic nationalism is a wrong turn for Covid-hit India
Modi gives voice to a “buy local” campaign to counter pandemic crisis and border tensions with China.
A glut of diesel is quietly undermining oil price resurgence
In all the hullabaloo of OPEC+ prolonging the deepest production cuts in history, it’s easy to overlook ominous signals for oil prices -- and the…
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