The union representing Canadian border agents is delaying any potential strike action until Wednesday. (WSJ)
The U.S. economy added 272,000 jobs in May and average hourly wages rose 4.1%. (WSJ)
China’s exports grew at a faster 7.6% pace in May, and shipments to the U.S. rose 3.6%. (WSJ)
Wholesale inventories in the U.S. edged up 0.1% in April. (MarketWatch)
Germany’s imports expanded 2% in April, outpacing export growth. (WSJ)
U.S. regulators settled on a less stringent set of fuel-efficiency standards for light-duty cars and pickup trucks. (WSJ)
Samsung Electronics unionized workers staged what they called the first-ever strike at the South Korean technology giant. (WSJ)
JP Morgan says power demands for new artificial intelligence data centers could exacerbate a global copper squeeze. (WSJ)
India plans to set up a new shipping company to expand its commercial fleet by at least 1,000 ships in the next decade. (Reuters)
Dark fleet tankers carrying sanctioned Russian oil hauled record crude volume in May. (Lloyd’s List)
Russian and Chinese operators formed a joint venture to develop a fleet of containerships to work the Arctic Northern Sea Route year-round. (Splash 247)
Hitachi Energy plans to spend $4.5 billion in Sweden and India to expand capacity to produce power grid equipment. (Nikkei Asia)
Express landlords Simon Property Group and Brookfield Properties are teaming with WHP Global in a bid for the bankrupt retailer. (Retail Dive)
Financially-strapped California State University Maritime Academy is considering merging with California Polytechnic State University. (AJOT)
The U.K.’s Manchester Airports Group wants to expand its business of managing other airports internationally. (Financial Times)
The Hackett Group says cost-cutting has moved back to the top of the priority list this year for procurement executives. (Supply Chain Dive)
Read More: World News | Entertainment News | Celeb News
WSJ
