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U.S. Arms Makers Look Overseas to Boost Stockpiles
With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad. Source link
Ukraine's Farmers Count the Cost of Grain Deal's Collapse
Russia’s exit from the Black Sea export agreement and its attacks on Ukrainian ports have led to lower income and higher costs in Ukraine’s agriculture
Everyone Wants to Talk to Gina Raimondo–Even China
The Commerce Department head tests her expanded reach this weekend. Source link
Heineken Sells Russia Business…for $1
The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. Source link
Deal on China Flights Signals U.S. Airlines' Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source link
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
The Man at the Center of the Battle to Ban TikTok
Montana Attorney General Austin Knudsen helped start a case that he thinks could make its way to the Supreme Court. Source link
Macau Reclaims Crown From Vegas as World's Top Gambling Hub
Fortunes of MGM, Sands and Wynn are rising after they bled cash during years of pandemic border restrictions in the Chinese city. Source link
U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada
The levies, announced in response to dumping allegations, could raise prices for canned foods, an industry group says. Source link
EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value. Source