Panama’s Maritime Authority has lifted a suspension on First Quantum Minerals’ operations at the port of Punta Rincon, which the Canadian company uses to export copper concentrate from its key Cobre Panama…
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Business
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CrimeEconomyEnvironmentFeaturedGlobal NewsWorld News
Canada Says It Won’t Permit Sea Floor Mining
by Koby Johnby Koby JohnCanadian officials on Thursday said they would not allow mining in its domestic ocean seabeds, citing a lack of legal authority as well as the federal government’s environmental commitments to…
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BusinessEconomyFeaturedGlobal NewsUnited States
Valero Seeks U.S. Approval to Import Venezuelan Oil
by Travis Foxby Travis FoxValero Energy Corp VLO.N, the second-largest U.S. oil refiner, is seeking Washington’s permission to import Venezuelan crude, according to four people close to the matter, hoping for a repeat of the approval…
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BusinessEconomyFeaturedGlobal NewsNewsUnited States
McCown Report: Record Drop for U.S. Container Imports in February
by Zack Ballby Zack BallThe top ten container ports in the U.S. had a their biggest monthly decline on record in February, reflecting the dramatic boom-to-bust cycle caused by the COVID-19 pandemic. Inbound container…
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BusinessEconomyEnergyEnvironmentFeaturedGlobal NewsNewsUnited States
Shell Commits to Dover Project in U.S. Gulf of Mexico’s Deep Water
by Thomas Burkeby Thomas BurkeShell plc said on Wednesday it has taken a final investment decision on the Dover exploration field in the U.S. Gulf of Mexico, which it plans to develop as a below-sea connection…
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AsiaBusinessCentral AsiaFeaturedGlobal NewsKazakhNewsWorld News
Kenes Rakishev, Oxus Acquisiton to merge with Borealis Foods
by Thomas Burkeby Thomas BurkeLondon, Brussels (27/04 – 33) Kazakh entrepreneur and philanthropist Kenes Rakishev’s acquired company, Oxus Acquisition Corp. and Borealis Foods Inc. announced the signing of a definitive business combination agreement in February this…
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BusinessCentral AsiaChinaEconomyFeaturedGlobal NewsKazakhNewsPolitics
Kazakhstan, China Bilateral Trade Turnover Increases by One-Third in 2022
by Elis Carterby Elis CarterIn 2022, the trade turnover between Kazakhstan and China reached $24.1 billion, a 34.1 percent rise from the year before, reported Energyprom.kz on March 6, citing the data of the Bureau…
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BusinessEconomyFeaturedGlobal NewsUnited States
Fewer Containerships in U.S. Waters Reveals Trade Slowdown
by Travis Foxby Travis FoxThe number of container ships in US coastal waters has fallen to less than half of the count a year earlier, in the latest ominous sign of slowing global trade.…
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BusinessEconomyFeaturedGlobal NewsNewsUnited States
U.S. Trade Deficit Grows to Start the Year
by Thomas Burkeby Thomas BurkeThe US trade deficit grew to the widest in three months at the start of the year, reflecting a pickup in imports of merchandise. The trade gap in goods and…
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BusinessEconomyFeaturedGlobal NewsNewsUnited States
U.S. Container Imports Continue to Trend at Pre-pandemic Levels
by Travis Foxby Travis FoxU.S. container imports in February continued to trend near pre-pandemic levels in 2019. Descartes Systems Group (Nasdaq: DSGX) reported today its import tally for February, revealing 1,734,272 TEUs imported in…
