Port

China

Soybean to Purchase 12 Mln Tons of US Soybeans This Year

China has agreed to purchase 12 million tons of U.S. soybeans in 2025, offering long-awaited relief for American farmers after years of weak exports. U.S. Treas…

United States

Amazon Shares Soar as Cloud Growth Beats Expectations

Amazon (AMZN.O) reported its fastest cloud revenue growth in nearly three years, lifting the company’s shares by 14% in after-hours trading and prompting …

India

Maersk’s APM Terminals Eyes $2 Billion Investment in Indian Port

Danish shipping company Maersk (MAERSKb.CO) announced on Thursday that its port operations subsidiary, APM Terminals, may invest approximately $2 billion to exp…

Canada

Railroad Operator Canadian National Lays off 400 Managers

Canadian National Railway (CNR.TO) has laid off around 400 management employees across its offices in Canada and the United States, according to a report by the…

Ukraine

EU and Ukraine Agree on New Poultry Import Quotas

Under a recent review of the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA), Ukraine’s annual poultry export quota to the EU will increase by one-th…

Metal

Glencore Reports Lower Copper Production in First Nine Months

Glencore (GLEN.L) announced on Wednesday that its copper production for the first nine months of the year dropped 17% due to lower ore grades at certain mines, …

China

Airbus Cuts Production Rate Target for Its A220 Jet

Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…

Portugal

Portugal’s Mota-Engil Lands €1BN Mexican Rail Deal

Mota-Engil has secured over €1 billion in new rail contracts in Mexico, strengthening its position as a leading infrastructure player in Latin America and …

United States

US Expands Quota for Argentine Beef to 80,000 Tons per Year

Argentina and the United States have reached a new bilateral agreement allowing Argentina to export up to 80,000 tons of beef annually, up from the previous quo…

Saudi Arabia

CMA CGM Plots Expansion in Saudi Arabia With $450M Jeddah Terminal JV

French shipping and logistics group CMA CGM has advanced its Middle East expansion by signing a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (R…

Metal

Mining Giant Grupo Mexico’s Q3 Profit up Over 50% on Strong Molybdenum, Silver, Zinc Sales

Wedoany.com Report-Oct. 29, Grupo Mexico, one of the world’s largest mining and transportation conglomerates, reported a strong rise in third-quarter earn…

India

India’s Rice Exporters Seek Deals With Emerging Markets After Strong Monsoon

India’s rice exporters are preparing to secure deals for the new season’s crop with buyers in emerging markets, including Iraq, Indonesia, and Saudi…

United States

New York Bridge Project Is $93M Under Budget and 51 Months Early

New York’s Metropolitan Transportation Authority (MTA) announced that the first phase of the Park Avenue Viaduct Replacement Project is $93 million under …

France

Airbus Delays Some A220 Output, Narrowing Window to Reach 2026 Target

Airbus (AIR.PA) has postponed the assembly of some A220 jets this year and next, and may only achieve its 2026 production target of 14 A220s per month in the fi…

Oil Refinery

Mexico’s Pemex Pumps Less, Refines More in Third Quarter

Mexican state energy company Pemex reported reduced crude oil extraction but increased refining activity in the third quarter, according to its Monday announcem…