A rebound in copper prices is accelerating under improving economic data from China. (WSJ)
United and American airlines will go forward with a total of more than 32,000 job cuts after lawmakers couldn’t agree on a coronavirus-relief package. (WSJ)
Chemical and pharmaceutical giant Bayer is undertaking billions in new costs cuts to offset falling demand in agricultural products. (WSJ)
French energy giant Total is pledging to ramp up its spending on renewable energy and reduce its dependence on petroleum. (WSJ)
British energy supplier BP plans to cut its oil and gas production by 40% over the next decade. (WSJ)
The Trump administration plans to investigate Vietnam’s currency practices in a probe that could lead to new tariffs. (Bloomberg)
The U.S. will block shipments of palm oil and its products from Malaysia’s FGV Holdings Berhad after an investigation found indications of labor abuse. (Associated Press)
Hundreds of companies are suing the Trump administration at the U.S. Court of International Trade over tariff refunds. (Sourcing Journal)
Electric-truck company Nikola indefinitely postponed an event meant to showcase its technology. (Financial Times)
The first of three Iranian tankers carrying gasoline to Venezuela arrived at the South American country. (TradeWinds)
Asia-to-Europe container shipping spot rates reached a five-year high. (Journal of Commerce)
Patrick Terminals says a labor dispute has held up nearly 40 container vessels around Australia and delayed cargoes for up to three weeks. (Lloyd’s List)
China Navigation named former Clipper Group chief executive Peter Norburg to head its Swire Bulk business as it prepares to spin off the unit. (Seatrade Maritime)
Creditors granted Seadrill another month to solve its growing debt problems. (ShippingWatch)
Home-improvement retailer Lowe’s plans to place a large distribution center outside Austin, Texas. (Austin American-Statesman)
Financially troubled U.K. operator Eddie Stobart Logistics more than tripled its net loss in the six months ending May 31, to $16.7 million. (Logistics Manager)
A study says demand for industrial robots has waned and may take up to three years to return to pre-pandemic levels. (Supply Chain Dive)
U.S. Midwest grocery chain Schnuck Markets is deploying inventory-counting robots in its store aisles. (DC Velocity)
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