Explainer: Disruptions in the global shipping industry
Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers.
Brazil’s Embraer to furlough 15,000 workers ahead of Boeing deal: union
Brazilian planemaker Embraer SA will furlough almost 15,000 workers in January, a metalworkers union said on Thursday, ahead of a partial takeover by Boeing Co as part of a deal that still needs regulatory approval.
Toyota unveils revamped hydrogen sedan to take on Tesla
Toyota Motor Corp unveiled a completely redesigned hydrogen-powered fuel cell sedan on Friday in its latest attempt to revive demand for the niche technology that it hopes will become mainstream.
Australian farmer brings legal action vs Bayer over weedkiller: report
An Australian farmer has launched a legal action against Bayer AG’s agricultural chemicals unit Monsanto after being diagnosed with a type of cancer he says was caused by its weedkiller, a lawyer for the man said on Friday.
Indexes climb on fresh hopes for U.S.-China trade deal
U.S. stocks rose on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a jump in Apple’s shares also boosted the market.
Trump says U.S.-China trade talks went very well on Thursday
U.S. President Donald Trump said trade talks between U.S. and Chinese officials on Thursday went very well and the two sides had a very, very good negotiation.
Lyondell workers protest union leader’s suspension: USW
Workers at Lyondell Basell Industries protested outside the company’s Houston refinery on Thursday against the suspension of a local union president in a dispute about safety practices, a United Steelworkers (USW) official said.
Cracks found on 38 of 810 Boeing 737 NG jets inspected globally
Boeing Co said on Thursday that airlines had inspected 810 of the company’s 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts.
Royal Air Maroc deal for MAX jets suspended: source
A deal for Morocco’s national carrier Royal Air Maroc (RAM) to purchase two more Boeing 737 MAX jets has been suspended after the fleet was grounded following a crash in Ethiopia, a source from the airline told Reuters on Thursday.
U.S., China resume high-level trade talks as non-core concessions seen possible
Top U.S. and Chinese negotiators met on Thursday for the first time since late July to try to ease a bitter 15-month trade war and business groups expressed optimism that they might be able to find enough common ground to delay a U.S. tariff hike sched…
