[ad_1] London CNN — Europe is scrambling to buy diesel fuel from Russia before a ban on imports comes into force in early February, but the frantic stockpiling is unlikely to prevent a new price shock for truckers, drivers and businesses. In the first two weeks of January, European countries …
Read More »
[ad_1] London CNN — It’s been two years since former Prime Minister Boris Johnson signed his Brexit trade deal and triumphantly declared that Britain would be “prosperous, dynamic and contented” after completing its exit from the European Union. The Brexit deal would enable UK companies to “do even more business” …
Read More »
[ad_1] Washington CNN — The Biden administration has launched an expansive task force to investigate how US and western components, including American-made microelectronics, are ending up in Iranian-made drones Russia is launching by the hundreds into Ukraine, multiple officials familiar with the effort tell CNN. The US has imposed tough export control …
Read More »
[ad_1] London CNN Business — Britain has agreed a new energy partnership with the United States that aims to end its reliance on Russia and lower soaring energy costs. UK Prime Minister Rishi Sunak announced the partnership in a statement on Wednesday. He said the aim was to double the …
Read More »
[ad_1] London/Berlin CNN Business — The German government has blocked the sale of one of its semiconductor factories to a Chinese-owned tech company because of security concerns. Germany’s economic ministry said in a statement that it had prohibited Elmos Semiconductor, which makes chips for the automotive industry, from selling its …
Read More »
[ad_1] China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as surging inflation and rising interest rates hammered global demand while new COVID-19 curbs at home disrupted output and consumption. The bleak October trade figures highlight the challenge for policymakers in China as exports …
Read More »
[ad_1] Hong Kong/London CNN Business — German Chancellor Olaf Scholz arrived in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. Scholz met with Chinese leader Xi Jinping at Beijing’s Great Hall of the People after landing …
Read More »