Stock market today: Dow, S&P 500, Nasdaq futures keep rebound alive as key ADP jobs data looms
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Little evidence of reshoring in eurozone businesses despite global tensions
Reshorings make up a negligible share of company restructurings in the eurozone Import-dependent industries have been left increasingly vulnerable following…
How the EU plans to crack down on low-value e-commerce goods from China
European finance ministers have agreed to bring forward to next year customs duties on low-value parcels to crack down on…
China export controls push European firms to move supply chains
China’s tightening export controls are pushing European firms to explore new supply chain capacity outside of the world’s second-largest economy,…
Slight uptick in eurozone inflation makes December decision easy for the ECB
Once again, inflation remains within 0.2ppt of the 2% target in the eurozone. The higher inflation rate was mainly due…
Global financial system must adapt to better serve economy, UN trade agency says
The financial system risks undermining global trade if it fails to adapt to the economy’s needs, with developing countries likely…
Russia boosts diesel exports by 3% in November despite sanctions, infrastructure damage
Russia’s seaborne diesel and gasoil exports rose 3% in November from October to about 2.37 million metric tons despite recent…
US LNG exports hit record high in November on cooler weather, strong output
U.S. liquefied natural gas exports hit an all-time monthly high in November for the second straight month, driven by cooler…
India’s November palm oil imports rise as soyoil, sunflower oil buying drops
India’s palm oil imports rose slightly in November as lower prices prompted refiners to increase purchases of the tropical oil…