The demonstrations have also interrupted commercial activity in Maputo, and raised concerns about further delays to a $20 billion natural gas export project.

The West has stepped up efforts to crack down on tankers transporting Russian oil.

Southern African ports have drawn investment interest due to the export of natural resources including critical minerals.

The Montreal offer would have boosted average dockworker compensation to more than C$200,000 per year.

The labor dispute comes as western Canadian ports locked out dock workers November 4, disrupting an estimated C$800 million in activity per day.

Under CEO Tufan Erginbilgic, Rolls-Royce has put greater focus on profitable contracts as well on slashing costs internally.

Stellantis said the decision was needed to manage output levels to better align with sales as it works to cull a stockpile of unsold vehicles.

The target is to raise Shanghai’s low-carbon bunkering to over one million tons a year by 2030, according to a November 1 statement. 

Holden acknowledged that 41% of union members voted to reject the deal, and vowed to press for better terms with the next contract in 2028.

The partnership helps Amazon expand the inventory of fresh products and supermarket staples available to shoppers in Mexico.