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Business Last Updated: May 20, 2022 - 1:14:44 PM


Business
Xi Jinping Revives Pro-market Policies to Bolster Economy Ahead of 20th Party Congress
Are President Xi Jinping’s recent turn to liberalized measures on technology firms and his commitment to using infrastructure projects to boost the economy an indication that the supreme leader has adopted a relatively pro-market approach to policymaking?

May 6, 2022 - 11:38:02 AM

Business
Russian-to-China Crude Tanker Trade Has Nearly Doubled
China is picking up a significant share of the unwanted Russian crude oil that would ordinarily flow into the European market, and new numbers from BIMCO suggest that the activity is creating a minor boom for tankers on specific trade lanes. 

May 3, 2022 - 1:28:13 PM

Business
TotalEnergies Takes $4.1B Writedown on Arctic LNG 2 Terminal

TotalEnergies has revealed the price tag that EU sanctions have imposed for its holdings in the Arctic LNG 2 project, a giant natural gas shipping terminal under development on Russia's northern coast.


Apr 29, 2022 - 1:59:35 PM

Business
Container shipping: volume growth calms, tariffs remain strong
Strong rebound in container traffic pushes global ports far beyond pre-pandemic levels
Container shipping has enjoyed a phase of strong demand. With the exception of Hamburg and Hong Kong, the 15 largest container ports in the world exceeded pre-pandemic traffic levels in 2021, with flows in Chinese ports like Tianjin, Qingdao, Ningbo and Shenzhen seeing double-digit increases compared to 2019. Container throughput in the largest US ports ended up being 20% larger amid surging demand for goods last year.

Apr 28, 2022 - 11:58:40 AM

Business
Europe’s Russian diesel imports drop, but still dominant
European diesel imports from Russia are set to fall in April but will still exceed those from other regions, highlighting the challenge European governments face as they contemplate new sanctions on Russian oil.

Apr 28, 2022 - 11:51:16 AM



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