China may stockpile more medium-to- heavy rare earths this year as the nation prepares to contest a World Trade Organization ruling against its export controls, said Peng Bo, an analyst at Huachuang Securities Co.
President Vladimir Putin told his government to develop plans to replace imports from Ukraine and said Russia can’t subsidize its neighbor permanently, increasing economic pressure as the government in Kiev battles separatists.
European Union pig farms are missing out on a boom in U.S. prices after Russia banned imports from the 28-country bloc, spurring Brussels to file a World Trade Organization case today after talks to reopen trade failed.
Indian solar-power developers and their suppliers will meet with government officials to try to resolve a price dispute that risks handing ammunition to U.S. exporters complaining they face unfair trade hurdles.
Philip Morris International Inc. will close its Australian cigarette plant after six decades and shift production to South Korea, saying government regulations on low fire-risk cigarettes crimped exports.