“Russia does have more vessels at its disposal compared to the summer/fall of 2024,” Malte Humpert, founder of the Arctic Institute, a Washington-based think-tank, said in an email. “If it can find buyers, this small fleet should be sufficient to lift cargoes.”
Trade groups and experts lined up to say they’d long warned this would happen, including the American Chamber of Commerce in Canada and the Business Council of Canada, an influential lobby group representing top CEOs. Michael Geist, the Canada Research Chair in internet and e-commerce law at the University of Ottawa, called Friday’s blowup “completely […]
Bloomberg News reported in February that NIQ was exploring an IPO that could raise about $1.25 billion and value the company at $10 billion. The Chicago-based company carries $4.3 billion of total debt, with adjusted earnings before interest, taxes, depreciation and amortization of $740.7 million last year, the filing shows.
With Palantir’s software, the Nuclear Company is digitizing the paperwork required to build the last plants, “so that when supply chain delays are happening, our teams on the front lines are aware of it,” said Nuclear Company Chief Executive Officer Jonathan Webb. Webb and Gallagher plan to streamline construction at the startup, which hopes to […]
“In today’s data, the slowdown in rice price hikes and the drag from energy were pretty significant, and it really feels like policy factors pushed down the overall figure,” said Harumi Taguchi, principal economist at S&P Global Market Intelligence. “Going forward, since import prices have been coming down, the upward pressure isn’t as strong as […]
Trade exposure underscores Korea’s dependence on exports in a few key sectors. Semiconductor shipments totaled $141.9 billion in 2024, accounting for about 21% of South Korea’s total exports, according to the Trade Ministry. Automobiles, the second-largest export item, exceeded 10%, while steel products neared 5%.
Bullion fell 0.5% to trade near $3,353 an ounce on Friday, and is down more than 2% for the week. US President Donald Trump will decide whether to join Israel’s attacks on Iran within two weeks, his spokeswoman said, reducing fears of imminent action that could escalate hostilities, threaten energy flows and spur inflation.
Those pressures are building, though. Half-yearly treatment charges are currently being negotiated, and given the shortage of ore it’s global miners that are firmly in the driving seat. They began the talks by proposing negative fees, a first for term contracts that would severely affect profits at smelters.
It takes about 12 tons of sulfur to make 1 ton of mixed-hydroxide precipitate, or MHP, a form of nickel aimed at automakers. Given the surge in sulfur costs, HPAL factories need to pay over $2,500 more than last year for each ton of MHP, pressuring margins in an industry that is still growing, said […]
The Health Ministry has been working closely with other government agencies, including the National Security Council, to enhance Taiwan’s medical preparedness for emergencies, Deputy Health Minister Lin Ching-yi told Bloomberg News. Strengthening domestic production capacity for key medical supplies, including blood bags, is a part of the strategy, she said, as was ensuring that imports […]