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Global Trade & Economics: Page 76

Chinese Carriers Claim Jets From Elusive Airbus Mega-Order

The order, reported on by Bloomberg News in June, would be among the largest ever for Chinese airlines, which typically order in bulk through the government.

Photo: Dhiraj Singh/Bloomberg

Trump Admin Weighs Plan to Take 10% Stake in Intel

Such a move would represent one of the most significant government interventions in a U.S. company since 2008's rescue of the auto industry.

Photo: iStock / William_Potter

Shein Mulls Move Back to China Ahead of Hong Kong Listing

Even while based in Singapore, Shein has been subject to regulatory oversight from Chinese authorities, given that the retailer still produces the majority of its clothing in China.

Photo: iStock / Robert Way

Xiaomi Declares Europe Foray in 2027 After EV Sales Gain Pace

Xiaomi has gained some $120 billion of market value over the past year, galvanized by a drive into EVs that’s gained momentum against much larger and more experienced rivals.

A Xiaomi Corp. YU7 electric SUV on display at one of the company's stores in Shanghai. Photographer: Qilai Shen/Bloomberg

China EV Sector Invests More Abroad Than at Home for First Time

Chinese companies are being driven to expand globally as overcapacity and a long-running price war at home squeeze margins all along the supply chain.

BYD Co. E5 electric vehicles in taxi livery at a lot in Shenzhen, China. Photographer: Qilai Shen/Bloomberg

Vivergo Shuts Down U.K. Bioethanol Plant

Vivergo's facility — which is one of just two bioethanol plants in the U.K. — has struggled to stay afloat in the face of competition from imported U.S. ethanol.

Photo: iStock / tornadochaser

South Africa to Allow Exporter Collaboration as Tariffs Kick In

The planned rules will help companies avoid breaching antitrust laws.

A container ship docked at the Port of Cape Town, operated by Transnet National Ports Authority, in Cape Town, South Africa, on Monday, May 13, 2024. Photo: Dwayne Senior/Bloomberg

CK Hutchison Rules Out Ports Deal Being Completed This Year

The company has already missed a chance to ink a definitive agreement before a window for exclusive talks with the buying consortium expired in late July.

Photo: Bloomberg

Port of Los Angeles Rides Pre-Tariff Cargo Wave to Record High Volumes

Meanwhile, international port operator and logistics service provider DP World reported strong container volumes for the first half of 2025 as well.

Los Angeles, California. Photo: iStock / KKStock

DOE to Pour $1B into Strengthening U.S. Rare Earth Supply Chains

$250 million will go toward recovering minerals from industrial byproducts, while $500 million will be used to expand U.S. mineral and material processing for battery manufacturing and recycling.

Photo: iStock.com/Photofex

Bank Stands by Predictions that U.S. Consumers Will Bear Majority of Tariff Burden

The latest Producer Price Index, seen as a potential bellwether for the prices consumers may see in the months ahead, jumped 0.9% from June, lifting the annual rate to 3.3%.

Photo: iStock / Angelica Zander

Brazil Unveils Relief Package to Blunt Impact of U.S. Tariffs

As part of the plan, the government also plans to purchase products from exporters impacted by tariffs.

Buildings on Faria Lima Avenue in the financial district of Sao Paulo. Photographer: Victor Moriyama/Bloomberg

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