Supply Chain
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Trade dispute festers as Trump threatens 10% tariffs on China [UPDATED]
President Donald Trump announced Thursday the U.S. will apply a new tariff of 10% on about US$300 billion worth of products from China beginning Sept. 1
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U.S. trade deficit falls 0.3% in June
President Donald Trump escalated trade hostilities with an announcement that the U.S. will apply a new tariff of 10% on about US$300 billion worth of products from China beginning Sept. 1
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Shopify to accelerate fulfilment rollout on strong demand, shares up on results
The company increased its revenue outlook for the year to between US$1.51 billion and US$1.53 billion
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Fed chief struggles to manage a wild card: Trump trade wars
U.S. manufacturers suspended nearly half their investment projects valued above US$250 million because of uncertainty in U.S.-China trade relations
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Survey: U.S. manufacturing growth slows again in July
Trade fights with China, Europe and Mexico and a stronger dollar have hurt U.S. exports and put American manufacturers on edge
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Maple Leaf Foods posts Q2 sales up 12.5%, fuelled by plant-based protein
Revenue was driven by acquisitions, a value-added product portfolio and continued double-digit growth in plant-based protein
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BMW profits drop on higher costs, spending for new tech
The auto industry as a whole faces twin challenges: staying profitable while sinking billions into new technologies, and new services unrelated to car ownership such as car-sharing and ride-hailing apps
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EU tells new U.K. envoy there’s no renegotiating Brexit deal
European Commission spokeswoman Mina Andreeva said the Brexit “withdrawal agreement is not up for re-opening”
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MEG Energy buys crude quota from rivals to boost Q2 bitumen production
Alberta’s oil quotas were imposed in January to draw down inventories after discounts on local oil prices rose due to pipeline export capacity not keeping up with increases in production
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Beyond Meat raises 2019 outlook but shares slump on offering
Beyond Meat reported a net loss of US$9.4 million. The company said it invested heavily in manufacturing and supply chain operations as well as new products and marketing
