China’s lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major cities like Shanghai and adding pressure to global inflation.
Texas is halting some vehicle inspections at the U.S.-Mexico border after Governor Abbott’s crackdown provoked protests that halted crucial food and equipment shipments.
Europe’s push to wean itself off Russian natural gas is sparking billions of dollars in new commitments toward building a market for low-carbon hydrogen.
While it’s difficult for U.S. carmaking giants to make any meaningful inroads in India, electric vehicles could offer another opportunity to take a shot in the market of 1.4 billion people.
A Mexican truck blockade at a key Texas bridge is diverting U.S.-bound cargoes to far-flung crossings, worsening shipping snarls and raising the specter of delivery disruptions for everything from avocados to auto parts.
Jeff Bezos went on 60 Minutes in 2013 and pledged to fill the skies with a fleet of delivery drones that could zip parcels to customers’ homes in 30 minutes. Asked when this future would arrive, the Amazon.com founder said he expected drone deliveries to commence in the next five years.
With the world economy already shackled by Covid-related shortages and now reeling from Russia’s invasion of Ukraine, prices of such basics as bread, meat and cooking oils have jumped across the world, sending shock waves through the commodity markets and damaging the global food system.
The U.S. Congress voted overwhelmingly Thursday to strip Russia’s normal trade status with the U.S. and ban imports of its gas, oil and coal, adding to the economic squeeze by the U.S. and its allies to punish Russian President Vladimir Putin’s government over the invasion of Ukraine.