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Wine consumption falls heavily into the red
Wine consumption falls heavily into the red
Business and Economy
by  AFP

Worldwide consumption of wine fell in 2024 to its lowest level in more than 60 years, the main trade body said Tuesday, raising concerns about new risks from US tariffs. Production is also at its lowest level in more than 60 years, having fallen 4.8 percent in 2024 to 225.8 million hl.

Boeing faces fresh crisis with US-China trade war
Boeing faces fresh crisis with US-China trade war
Business and Economy
by  AFP

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn into the escalating trade conflict between Washington and Beijing. Last week, Bloomberg reported that China's Juneyao Airlines was delaying delivery of a Boeing widebody aircraft as the growing trade conflict drives up costs of big-ticket products.