Treasury Secretary Janet Yellen says the Biden administration is considering reducing tariffs on imports from China to help combat inflation. (WSJ)
Japan’s yen dipped to its lowest level against the dollar since 2002. (WSJ)
Surging fuel prices are straining businesses across Africa and adding pressure on consumers already burdened by spiraling food costs. (WSJ)
The CEOs of electric-vehicle startups Rivian Automotive and Lucid each received compensation valued at more than $400 million last year. (WSJ)
Rising prices lifted Campbell Soup’s quarterly sales 7%, even as it sold fewer items amid supply-chain constraints. (WSJ)
Quarterly profit at Zara owner Inditex surged 80% as consumers flocked back to stores. (WSJ)
Taiwan Semiconductor Manufacturing stuck with its 30% revenue growth forecast for this year despite economic troubles in its biggest markets. (WSJ)
Shopify shareholders narrowly approved a measure to protect the voting power of co-founder and CEO Tobi Lütke. (WSJ)
Fertilizer supplier CF Industries is shutting a major plant in the U.K. because of the impact of rising energy costs. (Financial Times)
Toyota supplier Toyoda Gosei wants employees to take a day off with reduced pay because of the impact of the chip shortage and China lockdowns. (Japan Times)
Lululemon Athletica and H&M Group are among backers of a $250 million fund supporting efforts to cut carbon emissions in the fashion industry's supply chain. (Reuters)
A Greek court ruled that a load of crude oil seized and removed from an Iranian-flagged vessel must be returned to its owners. (TradeWinds)
Freight-equipment provider Pallet Logistics acquired supply-chain services company Propak for an undisclosed sum. (Modern Materials Handling)
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