The South Korean Fair Trade Commission accepted the competition remedies offered by Apple related to iPhone. The issue of competition is related to the abuse of market power in the marketing of products of that brand of telephone. In short, Apple is focused on expanding its market opportunities
Canada‘s energy product exports decreased 28.7% in 2020, to C $ 88.828 million, according to Statistics Canada. The result implied an annual decrease similar to that observed in 2009. Energy products were the main export sector for goods, representing about 20% of Canada’s total exports over the last
Caterpillar Inc. (CAT) reported that it recorded a 28% year-on-year reduction in sales of its transportation business in the fourth quarter of 2020, to $ 1.035 billion. In relation to this result, the company argued that sales decreased in the rail area, due to lower rail services and
Exports of Canadian products decreased 12.3% in 2020 compared to the previous year, to C $ 524.4 billion, Statistics Canada reported. Conversely, Canadian imports were $ 560.5 billion, down 8.6 percent. With this, Canada registered a deficit of 36,200 million dollars in its trade balance with the world
The World Trade Organization (WTO) will be led for the first time by a woman, Nigerian Ngozi Okonjo-Iweala, after a consensus on her candidacy emerged. Eight candidates were in the running, and on October 8, Okonjo-Iweala from Nigeria and Yoo Myung-hee from South Korea advanced as the top
Valero Energy Corp and its partner Darling Ingredients Inc reported that they will build a new 470 million gallon per year (DGD 3) renewable diesel plant at the Valero refinery in Port Arthur, Texas, in United States. The new plant is expected to begin operations in the second