BLOOMBERG, DECEMBER 22, 2020 “Just 50.1% of container vessels arrived on time in November, down from 80% a year earlier and the lowest level in records dating back to 2011“ By Brendan Murray for Bloomberg – Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days. Carriers reaping the …
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REUTERS, DECEMBER 22, 2020 DOVER, England (Reuters) – Countries across the globe shut their borders to Britain on Monday due to fears about a highly infectious new coronavirus strain, causing travel chaos and raising the prospect of food shortages days before Britain is set to leave the European Union. India, Pakistan, Poland, Spain, Switzerland, Sweden, Russia, Jordan and Hong Kong …
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REUTERS, AUGUST 1, 2020 SEOUL (Reuters) – Samsung Electronics Co will halt operations of its last computer factory in China, the South Korean tech giant said on Saturday, the latest manufacturer to shift production from the world’s second-biggest economy. Companies are rethinking their production and supply chains amid rising Chinese labour costs, a U.S.-China trade war and the blow from …
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REUTERS, March 17, 2020 NEW YORK (Reuters) – Amazon.com Inc will only receive vital supplies at its U.S. and UK and other European warehouses until April 5, its latest move to free up inventory space for medical and household goods in high demand as a result of the coronavirus outbreak. The change does not mean Amazon will stop selling non-essential …
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