Business
Japan’s Sumitomo invests in US fusion technology startup Shine
Business deals Trading house and partner to expand collaboration in medical isotopes U.S. startup Shine Technologies is building a facility to produce radioisotopes in the state of Wisconsin. (Shine Technologies) TOKYO — Japanese trading house Sumitomo Corp. said Tuesday it has invested in Shine Technologies, a U.S. startup that develops applications derived from nuclear fusion, such as […]
Chinese EV startup Nio logs first profit in Q4, eyes breakeven in 2026
Electric vehicles Milestone comes after burning billions in decadelong battle for survival A Nio ET9 sedan is displayed alongside other EVs at the Chinese carmaker’s booth at the Auto Shanghai show in April 2025. © Reuters HONG KONG — Chinese electric vehicle startup Nio has turned a quarterly profit for the first time, after a […]
China’s share in US imports falls to 9%, less than half its peak: report
Trade DHL says Washington still relies on indirect flow from Asian rival Steven Altman, director of DHL Initiative on Globalization at NYU Stern, speaks to reporters in Hanoi on Mar. 10. (DHL) MAI NGUYEN and YUJI NITTA HANOI — The share of Chinese goods in U.S. imports last year fell to its lowest level in more […]
Vietnam calls for biggest move to remote work since COVID to save energy
Iran tensions Government considers cutting air taxes after Iran war drives up jet fuel price by 60% People queue to buy gas in Hanoi on Tuesday after Vietnam’s trade ministry called on local businesses to encourage employees to work from home to save fuel, following supply disruptions and price surges triggered by the U.S.-Israeli war in Iran. […]
Thailand’s Siam Cement halts ethylene plant due to supply restrictions
Iran tensions Materials group declares force majeure from Middle East conflict Chemicals are among Siam Cement Group’s main business pillars along with cement and packaging. © Reuters BANGKOK — Thailand’s largest materials conglomerate, Siam Cement Group, has halted plant operations at a chemical subsidiary due to supply restrictions caused by the war involving Iran.
Lynas secures rare earths price floor in updated Japan supply agreement
Commodities The Australian miner will also ensure the flow of heavy rare earths to Japanese industry Lynas will make available 75% of the HRE oxides it produces to Japanese industry, with a joint venture commitment to purchase the equivalent of 50% of its HRE product “at prices and terms that represent no opportunity loss to […]
VESSEL REVIEW | Vargsund – Electric Ro-Pax ferry for operation on Norwegian Arctic routes
Norwegian shipbuilder Oma Baatbyggeri recently handed over a new electric Ro-Pax ferry to local transport company Torghatten. Internal Pages – Super (728×90) – Position 14 Vargsund is the first vessel in a series of two double-ended catamaran ferries ordered by Torghatten from the same builder in August 2024. Sealandthe second vessel in the series, is […]
US Navy submarines deploy to Arctic to test operational capabilities
Baird Maritime – International 03/10/2026 05:15 am – Updated 1h ago 2 Min Commander, Submarine Forces officially kicked off Operation Ice Camp Boarfish in the Arctic Ocean on Saturday, March 7, after the building of the camp and the arrival of the US Navy fast attack submarines USS Delaware and USS Santa Fe. Internal Pages […]
Oil soars with escalation in the Gulf and tension in Hormuz.
Portal do Mar 03/09/2026 6:05 pm – Updated 8 hours ago 2 Min Oil rose sharply in international markets, with Brent approaching $119 per barrel, in a movement driven by the escalation of the war in the Middle East, attacks on energy infrastructure in the Gulf and the growing risk of blockage in the Strait […]