A gas pipeline in central Russia that brings gas from Russia’s Arctic through Ukraine to Europe has been shut following a huge blast that ripped through and left three people dead and one injure...
Tag: Export
Nvidia offers new GPU chip tailored for Chinese market as it vows to comply with US export regulations
US graphics card giant Nvidia is offering a new chip specially-designed for the Chinese market, which will allow it to continue to sell its products to customers in China while still complying with ne...
Computer Chips Are No. 6-Ranked U.S. Export — But Are They Really?
Los Angeles International Airport leads the nation in exports of computer chips by value this year, … [+] accounting for 15% of the $34.4 billion total. By tonnage, Cleveland’s Hopkins Int...
Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs
(Bloomberg) — The Biden administration’s new restrictions on doing business with China are sending shock waves through the global semiconductor industry, with chip-equipment makers girding for p...
Reversing Energy Export Boom Is Economic Dead End For Biden
WASHINGTON, DC – U.S. President Joe Biden is reportedly considering reversing a decades-old decision … [+] to allow the export of U.S. produced oil and natural gas. (Photo by Al Drago/Gett...
Biden Officials Float Fuel Export Limit in Meeting With Refiners
(Bloomberg) — Senior Biden administration officials pressed executives from some of the largest US gasoline producers to curtail overseas sales during a tense meeting Friday afternoon, suggestin...
China Runs Down Oil Stockpiles as Market Eyes Big Export Quotas
(Bloomberg) — China has begun running down its crude oil stockpiles, which could signal that refiners are getting ready to boost fuel exports as part of the government’s efforts to revive the ec...
Nvidia stock hits new 52-week low amid U.S. export ban news
Nvidia stock (NVDA) hit a 52-week low on Thursday after U.S. officials imposed a new license requirement for the company’s AI chip exports to China and Russia. Shares of the chipmaker were down ...
A Healthy Food Movement Comes To Kenya’s Tea Capital
Jackline Cherono walks in from tending to her acre of tea in Ainamoi, a settlement in Kenya’s Kericho County where she works as a lead farmer. The lettering, “Toror Tea Factory” embroidered on h...
LNG, Fastest-Growing U.S. Export Since Covid-19, Heading To Europe
The fastest-growing markets for U.S. LNG are all in Western Europe, in response to the Russian … [+] invasion of Ukraine. ustradenumbers.com The fastest-growing top 100 U.S. export from pre-pand...
Mexico Plans to Become an Export Hub With US-Drilled Natural Gas
(Bloomberg) — Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one of the world’s top exporters of the fuel, and fast. Most R...
Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...
Once Unimaginable, Oil Flirts With Being Top U.S. Export
Significant increases in the price of oil on global markets has propelled both refined petroleum and … [+] oil to leading roles as U.S. exports in 2022. ustradenumbers.com Oil is flirting with b...
Analysis: The Ukraine-Russia export deal and global wheat stress
After a see-sawing two months of intense discussions, negotiators from Russia, Ukraine, Turkey and the United Nations have finally broken ground on a much-awaited joint agreement to facilitate grain e...
Indonesia Waives Palm Oil Export Levy to Cut Bloated Stockpiles
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Indonesia will waive its palm oil export levy until the en...
Ukraine Minister Pleads For Security To Export Grain Amid Concerns Of Food Crisis
Topline Ukraine’s foreign minister said it is “two steps away” from an agreement with Russia for security measures to resume shipments of grain – the country’s biggest export – as Russian civilian air...
U.S. Airports, Not Seaports, Lead The Way In Top 10 Export Ranking
Five of the nation’s top 10 export gateways are airports, including JFK International Airport, … [+] Chicago O’Hare International Airport, Los Angeles International Airport, New Orle...
Top 10 U.S. Export Partners Tells A Different, Less Asian Story
Canada and Mexico alone accounted for one-third of all U.S. exports through the first four months of … [+] 2022, the latest data available from the U.S. Census Bureau. ustradenumbers.com Last ye...
Aviation Hits New Low, Ranks As 4th-Leading U.S. Export In 2022
Boeing 737 Max jets sat parked at Boeing Field in Seattle in late 2020, just after being granted FAA … [+] approval to fly again. The Boeing jets had been grounded for 20 months after two deadly...
LNG Stocks To Watch After Texas Export Facility Fire
A Wednesday fire knocked one of the largest U.S. liquefied natural-gas export plants out of service for at least three weeks, pressuring LNG markets already battling a supply crunch. The outage forced...
Fire at Key US Gas Export Terminal a Blow for Fuel-Starved World
(Bloomberg) — An explosion at a Texas liquefied natural gas plant that promises to reduce exports for weeks, lowering prices for the fuel in the US while boosting them in Europe. Most Read from ...
Fire Knocks Out Billionaire-Owned Natural Gas Export Plant In Texas, Nation’s Second-Biggest
Michael S. Smith of Freeport LNG, March 2021. Matthew Mahon/The Forbes Collection A fire Tueday at Freeport LNG, near Galveston, Texas, has knocked out America’s second-largest liquefied natural gas e...
Saudi Arabia Raises Oil Export Prices to Asian Customers
Global energy networks are facing a tectonic shift. The WTI benchmark and Brent Crude both breached $120 per barrel today, achieving three-month highs on the back of Saudi Arabia’s decision to raise e...
Traders Bet on Texas Natural Gas Discount Despite US Export Boom
(Bloomberg) — Natural gas exports from the US are soaring amid a global shortage of the fuel, but traders are betting that producers in one of the biggest shale basins will be selling their supp...
Mexico Fuel Subsidy Is Now Costing More Than Oil Export Profits
(Bloomberg) — Mexico’s gasoline and diesel subsidies are now costing the government more than double the extra profit the oil producer gets from higher crude prices, according to estimates by Bl...
Japanese Second-Hand Car Export Company SBI Enables BTC and XRP Support
The decision to add XRP to SBI’s payment options comes as no surprise given that the two companies are on a joint venture to promote the use of XRP in Asia. A used car exporting company in Japan has s...
China’s Geely Auto To Buy 34% Of Renault Korea Motors In Bid For South Korean, Export Markets
Chinese billionaire Li Shufu controls Geely Auto, as well as Volvo Cars, Polestar and several other … [+] global brands. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Auto...
What Is Each State’s Most Common Import And Export?
Los Angeles CA – Thousands of containers are unloaded from a ship at the Ports of Los Angeles and … [+] Long Beach. (Allen J. Schaben / Los Angeles Times via Getty Images) Los Angeles Time...
It’s Getting Too Expensive to Export Soybeans From Top Grower Brazil
(Bloomberg) — It’s getting very expensive to export soybeans from Brazil, the world’s top supplier. Most Read from Bloomberg That’s according to Cargill Inc., one of the biggest global shippers ...
Shipping lines are refusing to export the West’s plastic waste — Quartz
As of today (April 15), the world’s third largest shipping line, will no longer accept deliveries of scrap plastic on any of its ships. CMA CGM’s ban is a milestone in a global backlash against wealth...