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Global Trade & Economics: Page 116

China’s Big EV Push into Europe Fizzles Out

Across Europe, Chinese carmakers held onto 8.2% of the EV market in December — a slight bump up from November but still below the average.

Photo: Bloomberg

EU to Propose Russian Aluminum Ban in Sweeping Sanctions Package

The bloc is also proposing restrictions on more software, hardware and other technologies used in weapons systems.

Rolls of aluminum at the Sayanal mill, operated by United Co. Rusal, in Sayanogorsk, Russia. Source: Bloomberg

FMC Threatens Fines for Panama Over Canal Operations

Panama President José Raúl Mulino says the canal "is and will remain Panama's," while denying the allegation that any foreign nation is interfering with its day-to-day operations.

Several freighters, assisted by tugboats, entering the Panama Canal at Gatun Locks on the Atlantic side. Photo: iStock / searagen

U.S. and U.K. Ships Return to Red Sea After Houthis Vow to Hold Fire

Six ships linked to the U.S. and U.K. have successfully transited the area without coming under attack since January 19.

Photographer: Christopher Pike/Bloomberg

Gartner: Companies Need to Strategize to Respond Effectively to New Tariffs

Businesses that can reinvent or reinvigorate their operations stand the best chance of driving new competitive advantage from ongoing tariff volatility.

Image: iStock.com/thitivong

Investment Firm Launches Bid to Nix U.S. Steel Sale

Ancora Holdings Group announced in a January 27 letter that it had nominated a new CEO and a slate of directors who would support walking away from the proposed sale.

Photo: iStock / joecicak

Colombia, U.S. Avert Trade War Over Deportation Flights

The dispute marked the first major test of Trump's use of tariffs as a negotiating tactic with nations he views as uncooperative

Photo: iStock / themotioncloud

Russian Oil Ships Hunt for New Flags to Hide From Sanctions

Some of the Barbados ships have already been re-registered with other nations including Tanzania and São Tomé and Príncipe.

The shadow fleet tanker Turbo Voyager transits through Denmark’s Great Belt carrying Russian oil to India. Russia shipped 3.28 million barrels a day of crude to overseas markets in the four weeks to Nov. 17. Photographer: Carsten Snejbjerg/Bloomberg

Canada to Review Business Ties with Amazon Over Quebec Cuts

Ministry of Industry François-Philippe Champagne sent a letter to the company, saying the decision to lay off 1,700 workers "raises questions" about Amazon's commitment to Canada.

Photo: iStock / jokuephotography

South Africa Coal, Metal Exporters to Spend Billions on Rail

Organizations representing firms including Glencore Plc and a unit of Anglo American Plc are negotiating the terms of the pacts with Transnet.

Photo: Bloomberg

DP World Says Curb on Red Sea Attacks Could Bring Ocean Freight Rates ‘Crashing Down’

Yemen’s Houthi rebels have signaled that they plan to stop attacking ships with links to the U.S. and U.K. after a ceasefire agreement between Israel and Hamas.

A rally staged against Israel and in solidarity with Palestinians in Sanaa in May 2024. Photo: Bloomberg

Ocean Carriers Still Reluctant to Return to Red Sea

MSC, A.P. Moller-Maersk A/S, Hapag-Lloyd AG and CMA CGM Group have all been hesitant to resume operations in the Red Sea.

Photo: iStock / IgorSPb

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