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Weaker commodities, China COVID worries, bond yields push S&P/TSX composite lower
Canada’s main stock index suffered its worst day in nearly two months on worrying COVID-19 cases in China, weaker commodities prices and bond yields reaching their highest levels in several years in …
China’s Rising COVID Cases May Affect iPhone Availability
Planning to buy an iPhone this summer? Make sure you’re prepared for a potential availability crunch as a resurgence of COVID-19 cases hits China.
What China COVID spike, massive lockdowns mean to shipping
Lockdowns haven’t closed Chinese ports yet. If they do, U.S. importers face “shockwave” of higher rates and delays.
China’s COVID outbreak causing new manufacturing slowdowns
The city of Shenzhen, a key Chinese manufacturing hub, is on full lockdown this week after recording a surge in COVID-19 cases. Shanghai and several other major cities are also under severe COVID …
U.S. raises concerns about China aligning with Russia at meeting it calls ‘intense’
U.S. national security adviser Jake Sullivan on Monday raised concerns about China’s alignment with Russia in a seven-hour meeting with Chinese diplomat Yang Jiechi as Washington warned of the …
COVID and the China Bottleneck
China COVID strategy is based on something close to zero tolerance. When cases increase, Beijing locks down entire provinces. The latest is a lockdown of Shenzhen. This order affects at least 17.5 …
Green Tea Group Looks for Room at the Listing Table With Hong Kong IPO
Popular restaurant operator Green Tea Group has been approved for a Hong Kong listing The company plans to raise $150 million, which it will spend to open …
Customs agents seize unprecedented amount of prohibited meat from China at LA, LB ports
The seizures of prohibited meat products from China continue at levels never seen before at the Los Angeles/Long Beach seaport complex, authorities said Monday.
Customs agents seize large amounts of meat from China at LA-Long Beach port complex
Authorities said they found most of the prohibited animal products mixed in boxes of e-commerce shipments and household goods—in an attempt to smuggle the meats into the country.
Customs Agents Seize Large Amounts of Meat from China at LA/LB Seaport Complex
The seizures of prohibited meat products from China continue at levels never seen before at the Los Angeles/Long Beach seaport complex, authorities said Monday. According to U.S. Customs and Border …
Chinese customs captures $3 million worth of AMD RX 6000 series GPUs
AMD graphics cards were recently stopped at the Huanggang port in China. The total value of the seized GPUs is over $3 million.
China COVID lockdowns halt Apple, Toyota and VW production, may boost inflation
New coronavirus lockdowns in China are snarling production for everything from Apple iPhones to Toyota SUVs — and threatening to make already red-hot global inflation even worse.