Global wine output fell to its lowest level in 60 years in 2017 due to poor weather conditions in the European Union that slashed production in the bloc, international wine organization OIV said.
China is looking to catch up with rivals like the United States and Germany in high-end technology, making a major push with a “Made in China 2025” strategy that identifies 10 key sectors, including robotics, aerospace and clean-energy cars.
Nestle and European supermarket retailers are making progress toward settling a months-long price dispute but the Swiss food giant still needs to offer more concessions, German chain Edeka said.
A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state online retailers to collect sales taxes in a fight between South Dakota and e-commerce businesses.
Nestle wants to make all of its packaging recyclable or reusable by 2025, the Swiss food giant said on Tuesday, becoming the latest food company to vow to reduce plastic waste.
Escalating tensions between the United States and China have triggered a flurry of U.S. soybean purchases by European buyers, in one of the first signs that trade tariff threats lobbed between the world’s top two economies are disrupting global commodity trade flows.
When Ayesha Akhter walks into the factory where she works, the supervisor greets her with a smile and wishes her a pleasant day — a major change after years of physical and verbal abuse from managers in Bangladesh’s $28bn garment industry.
Walmart Inc has opened its first small high-tech supermarket in China, where smartphones can be used to pay for items that are mostly available on the U.S. retailer’s store on Chinese online marketplace JD.com, it said on Monday.
Sold to a boat operator in Thailand for 6,000 baht ($192) two years ago, Win from Myanmar worked as a fisherman until he lost his forearm in an accident on the vessel this year.
The automotive industry is waking up too late to the fact that China will hold most of the world’s supply of cobalt, a key metal for electric vehicle (EV) batteries, Glencore Chief Executive Ivan Glasenberg says.
