The reductions are part of previously announced voluntary cuts led by Russia and Saudi Arabia totaling 1.7 million barrels per day.

Alibaba placed second on the list followed by JD.com in third place, Taiwan Semiconductor in fourth place and Toyota Motor in fifth place.

Minerals critical for the green transition and highly traded agricultural products are especially vulnerable to “geo-economic fragmentation,” the IMF said October 3.

Importers must start asking the hard questions and take action to mitigate the significant legal, financial, and reputational risks of trading with partners involved with forced labor. 

The nation, which has curbed overseas sales of all grades of rice to control domestic food inflation, will reduce the minimum export price to $850 a ton from $1,200.

The case involves work slowdowns and stoppages at the Pacific Northwest during labor confrontations more than a decade ago.

The new service connects the capital Jakarta to Bandung, a top economic hub, and is designed to ease the country's severe traffic jams.

The average shrink rate for the 2022 fiscal year grew to 1.6% from 1.4% in 2021, aligning with shrinkage rates seen in 2020 and 2019.

Trade between China and Russia grew substantially during the first seven months of 2023 to $134.1 billion, a 26.5% increase compared to 2022.

GE Appliances claims the dishwasher expansion project that it started two years ago makes the plant the biggest of its kind in the U.S.