BUSINESS
In the latest display of diplomatic tensions between Washington and Beijing, U.S. Secretary of State Antony Blinken traveled to China to engage in high-stakes discussions with top officials in Beijing and Shanghai. The visit, which first saw Blinken arrive in the financial hub of Shanghai on April 24, is laden
South Africa’s Transnet Agrees to Three-Year Wage Deal With Majority Labor Union
(Reuters) — South African state-owned logistics firm Transnet said on Monday, Oct. 17 that it had agreed...
‘The Time for Negotiations is Over,’ Says French Finance Minister Amid Worsening Petrol Crisis
The time for talking is over, French Finance Minister Bruno Le Maire said on Monday, Oct. 17 as the government...
The Auto Industry’s Supply Chain Is About to Get Wrecked, Says Major Analyst Firm
It can perhaps be said that an embattled automotive industry’s supply chain is facing a certain kind...
Alaska’s Snow Crab Season Canceled After a Billion Crabs Vanish
The Alaska Department of Fish and Game has canceled the winter snow crab season for the first time in...
Royal Mail Warns of ‘Thousands of Job Cuts’ As it Slides into Red
London (Reuters) — Royal Mail could cut up to 10,000 jobs and the loss-making business warned of more...
Vodafone in Advanced Talks to Finalize Vantage Stake Sale by Nov. 15: Sources
LONDON (Reuters) — Vodafone is speeding up talks with a handful of financial investors to sell a slice...
Biden Hails IBM’s $20 Billion Manufacturing Deal
U.S. President Joe Biden on Thursday, Oct. 6 championed his administration's push to subsidize U.S. semiconductor...
Oil Rises as OPEC+ Agrees Deep Cuts to Production
Oil prices rose on Wednesday, Oct 5 — building on gains in recent days as OPEC+ agreed its deepest cuts...
Governments Hemorrhaging Foreign Reserves as Geopolitical Tensions Strain Global Economy
Governments and central banks are burning through their cache of foreign reserves at an unprecedented...