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South Korea
Greek Owner JHI Steamship Books Aframax Tankers in South Korea
Greek shipowner JHI Steamship has placed its first-ever newbuilding order in South Korea, marking a milestone in the company’s fleet expansion strategy. T…
Germany
BASF Will Construct Electronic-Grade Ammonium Hydroxide Plant to Support Semiconductor Manufacturing
BASF (Ludwigshafen, Germany; www.basf.com) announced the construction of a new electronic-grade ammonium hydroxide (NH4OH EG) plant in Ludwigshafen to support s…
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 …
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