Report: Singapore Port Congestion Mounts as Ships Divert from Red Sea
Major carriers have repeatedly warned of the impact the Red Sea diversions are having on their services. In a report…
EU 2023/24 soft wheat exports reach 27.8 mln T, down 4% on year
Soft wheat exports from the European Union since the start of the 2023/24 season in July had reached 27.8 million…
U.S. biodiesel imports have doubled since 2022 due to low prices in Europe
Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 barrels per day (b/d) and continued to rise in…
India’s Reliance to buy Russian oil in roubles, sources say
India’s Reliance Industries RELI.NS, operator of the world’s biggest refining complex, has signed a one-year deal with Russia’s Rosneft to…
Post-COVID, China is back in Africa and doubling down on minerals
China’s flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus,…
BRI stabilizes China-Europe trade, transport, says rail CEO
The China-proposed Belt and Road Initiative (BRI) is bringing stability to people and trade routes, the chief executive officer (CEO)…
Climate debate intertwined with cost-of-living concerns as EU elections loom
Shaken by several crises in the past five years, EU citizens voting in the bloc’s elections in June will be…
Past ECB bond buys may have blunted rate hikes’ impact, Schnabel says
The European Central Bank’s massive bond purchases in the recent past may have blunted the impact of its subsequent interest…
Updating perceptions about today’s luxury traveler
Some widely held notions about luxury travelers—such as how much money they have or how old they are—could be due…