China Asks Its Carmakers to Keep Key EV Technology at Home September 13, 2024 Bloomberg China’s directive comes at a time most major Chinese carmakers are looking to localize manufacturing so as to avoid tariffs on Chinese-made EVs.Read More
Trafigura Sees ‘Confusion’ Over Aviation Emissions Scheme September 12, 2024 Bloomberg Aviation is one of the heaviest-emitting industries, and among the most difficult to decarbonize. Read More
Air Canada Pilots Get More Political Support as Strike Looms September 12, 2024 Bloomberg A stoppage would also halt the airline’s cargo operations, which carry commercial goods, perishable items and components for manufacturers. Read More
AstraZeneca Defends China Compliance In Wake of Staff Detentions September 11, 2024 Bloomberg Chinese authorities are looking into the company’s collection of patient data to assess whether it infringed on data privacy laws.Read More
Boeing Must Be ‘in the Green’ Before 737 Max Cap Is Lifted, FAA Head Says September 11, 2024 Bloomberg The FAA capped output of Boeing’s 737 Max at a rate of 38 per month in the wake of a January 2024 near-catastrophe, in which a door cover blew off during flight. Read More
Norfolk Southern Probes Alleged Misconduct by CEO September 10, 2024 Bloomberg Shaw’s alleged behavior was inconsistent with company policy and its code of ethics, Norfolk Southern said.Read More
Boeing Shares Gain on Optimism Labor Deal Will Avert Strike September 9, 2024 Bloomberg The company’s credit rating is on the edge of being cut below investment grade, and output of the 737 model has been capped by regulators. Read More
Drought Shrivels Mississippi River, Threatens to Disrupt U.S. Food Exports September 6, 2024 Bloomberg Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsened already-low water levels at the large river.Read More
Global Trade Volume Recovery Extends Into Third Quarter, WTO Says September 5, 2024 Bloomberg The WTO’s goods barometer increased to 103 compared with a reading of 100.6 in March, the Geneva-based organization said in a new report.Read More
U.S.-Backed Angola Rail Plan Secures $200M From Key Bank September 4, 2024 Bloomberg The project is part of a U.S. plan to secure access to critical minerals such as copper and cobalt in a region where China has been dominant.Read More