Trade
The chip industry’s open secret: Adversaries’ military tech relies on U.S. components
Western companies were quick to shutter operations in Russia after the country’s military invasion of Ukraine last February. But U.S. and European microelectronic tech continues to power the Kremlin’s war. Key components from more than a dozen Western countries have been found in the military equipment used by Russian forces in Ukraine, according to research […]
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Since June, Feds have seized nearly $1 billion in goods tied to forced labor
Inside these boxes: Approximately $20 million worth of detained solar panels by U.S. Customs & Border Protection over suspected ties to forced labor. CNBC Since late June, federal authorities have seized $961 million worth of goods over suspected ties to forced labor, officials told CNBC. In many instances, companies have no idea their supply chain […]
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China protests U.S. sanctioning of firms dealing with Russia
Dozens of cargo ships load and unload cargo at the Qianwan Joint Container Terminal in Qingdao Port, East China’s Shandong province, April 13, 2023. Foreseeable future Publishing | Foreseeable future Publishing | Getty Photos Beijing on Saturday protested U.S. sanctions in opposition to additional Chinese providers over their alleged makes an attempt to evade U.S. […]
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Boeing’s 737 Max challenge is the most current headache for airways hungry for new planes
An aerial look at of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County Worldwide Airport-Boeing Industry in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing‘s warning that a generation top quality challenge will hold off deliveries of its most effective-providing 737 Max is one […]
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Barley talks may perhaps be ‘first step’ toward better trade ties with China. Australia hopes wine is upcoming
Barley all set to be harvested on a farm in the vicinity of Inverleigh, some 100kms west of Melbourne on December 14, 2020 William West | Afp | Getty Visuals Australia and China’s agreement to assessment trade limitations on barley is a very important “initial stage” towards improving upon strained ties amongst the two sides […]
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Old planes get stripped for parts while airlines wait on new jets
COOLIDGE, Arizona – From engines to landing gear, the hunt is on for aircraft parts as airlines prepare their jets for swarms of summer travelers, with new planes from Boeing and Airbus still in short supply. The search for parts leads some aircraft owners here, where older, retired planes are stripped for parts that will […]
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Delta Air Strains posts quarterly loss but forecasts income as peak journey period methods
Airbus A330 Neo widebody plane intended for Delta airways staying tested in Toulouse, France. Nurphoto | Nurphoto | Getty Photographs Delta Air Traces posted a wider reduction than it earlier believed for the initially a few months of the yr but forecast income growth and gains for the 2nd quarter that were forward of analysts’ […]
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Boeing aircraft deliveries jump as airlines await new jets for travel rebound
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing delivered 64 planes last month, the most since December, while some customers continue to await new aircraft to capitalize on […]
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France’s Macron begins tricky talks with China’s Xi Jinping as EU-Sino relations are at a crossroads
French President Emmanuel Macron and European Fee President Ursula von der Leyen satisfied Chinese President Xi Jinping. Pool | Getty Photos News | Getty Photos Two of Europe’s heaviest weights in politics are keeping talks with China’s President Xi Jinping at a time when the EU-Sino marriage is at a really serious crossroads. On the […]
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Inflation’s inventory gluts are in this article to stay and will strike the bottom line in weaker economic system: CNBC Supply Chain Survey
CHRIS J RATCLIFFE | AFP | Getty Visuals Bloated warehouse inventories are an pricey stress having absent at the base line of quite a few providers, and for lots of, the excessive supply and linked expenditures of storage will never abate this year, in accordance to a new CNBC Offer Chain Survey. Just over a […]
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