BERLIN — Tesla says it’s temporarily halting most production at its German factory because of attacks in the Red Sea, a vital global shipping corridor. The electric vehicle maker said in a statement Thursday night that its factory near Berlin, which makes Model Y vehicles and batteries, will pause from Jan. 29 to Feb. 11. … Read more
Group of friends at a restaurant Santiago Nunez | Klaud9 | Getty Images The Singapore coffee market is already crowded, but brands continue to open new locations in the city-state in hopes success on the island will kickstart international expansions. In the last few months, at least five players – China’s Luckin Coffee, Indonesia’s Kenangan … Read more
Tihama, a Maltese Flag container ship of shipping line Hapag-Lloyd, at a European dock on August 13, 2022. Thierry Monasse | Getty Images News | Getty Images BP has become the latest firm to pause travel through the Suez Canal following a series of attacks on vessels by Houthi militants from Yemen. In a statement Monday, BP said … Read more
TOKYO — Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge Sunday to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties. The nations promised to maintain “a free and fair trading system based on the rule of law and enhancing economic resilience … Read more
Katherine Tai, United States Commerce Consultant, speaks in the course of the Senate Finance Committee Listening to on the President’s 2023 Commerce Coverage Agenda on the U.S. Capitol on March 23, 2023 in Washington, DC. China Information Service | China Information Service | Getty Photographs China’s dominance in uncommon earths makes U.S. provide chains susceptible, … Read more
Touch upon this storyComment MEXICO CITY — Scores of ships are backing up on the Panama Canal, the place low water ranges linked to El Niño and local weather change have led authorities to limit journey by way of one of many world’s most vital commerce arteries. The visitors jam is a grim signal for … Read more
On this article, we might be protecting the 12 Worst Performing Quick Meals Chains In America. If you wish to skip our detailed evaluation of the quick meals and fast service restaurant sector, you may go on to the 5 Worst Performing Quick Meals Chains In America. Over the previous few many years, quick meals … Read more
Touch upon this storyComment Treasury Secretary Janet L. Yellen jets to Beijing this week in a check of the Biden administration’s potential to enhance relations with China whereas pursuing an financial technique geared toward lowering U.S. firms’ reliance on Chinese language factories. Her journey comes as China’s financial rebound from its strict zero-covid coverage exhibits … Read more