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Global Trade & Economics: Page 219

U.K. Calls for Extension of Windfall Tax as BP Posts 'Eye-Watering' Profits
BP’s profits have soared this year as Russia’s invasion of Ukraine has pushed up wholesale gas prices.
Photo: iStock/arild lilleboe
Chip Maker Qualcomm Sees Smartphone Slump Worsening
Two major chip manufacturers just slashed their outlooks for the near term, warning of waning demand for consumer products and lighter shipments from plants.
Photo: iStock.com/Mykola Pokhodzhay
East Coast Gasoline Pinch Worsens With Inventories at Eight-Year Low
National supplies of  trucking fuel have remained flat heading into winter, which could mean higher prices across the country in the coming weeks.
Photo: Bloomberg
The U.S.-China 'Tech War' Is Widening — With Consequences for Supply Chains
An ongoing tech war between the U.S. and China is unfolding. It continues to drive the diversification of tech supply chains away from China.
Photo: iStock.com/Dilok Klaisataporn
Russian U-Turn Allows Grain Deal to Resume
Germany's foreign minister said it showed what the international community could achieve if it refused to be blackmailed by Russia.
Photo: iStock.com/Michele Ursi
Why Retailers are Pushing Overstock Inventory into the Secondary Market
Retailers have invested heavily in predictive analytics to drive accurate purchasing. Yet they still have significant overstock problems.
Photo: iStock.com/.shock
Ukraine War: Grain Deal Continues Despite Russia Pull-Out
Russia halted its backing for the deal on October 29, accusing Ukraine of using a safety corridor to attack its fleet.
Port of Odesa, Ukraine.
TuSimple Fires CEO Xiaodi Hou Amid Federal Probes
Hou’s dismissal follows months of upheaval at TuSimple, including the departures of its chief financial officer and chief legal officer.
Photo: TuSimple
EU Aims for U.S. Deal to Resolve EV Subsidy Dispute
The U.S. Inflation Reduction Act, which provides subsidies to support green technologies in the U.S., is seen as discriminatory by the EU, South Korea and other trading partners.

Photo: Bloomberg
Inflation in Europe Reaches a Record 10.7% as Officials Face Hard Options
Inflation's relentless upward march sharpens the tough choices facing Europe’s elected leaders and central bankers.
Photo: iStock.com/Marina113
Inside a Chinese iPhone Plant, Foxconn Grapples With Covid Chaos
The disruption at Foxconn is the latest example of the toll from China’s rigid pandemic policies, including rolling lockdowns and mass testing.
Photo: iStock.com/hapabapa
U.S. Labor Costs Rise at Firm Pace, Keeping Fed Hikes on Track
There are some signs the labor market is already softening. Job openings overall have retreated from a record, but remain extremely elevated.

Photo: iStock.com/Diego Thomazini
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