“The party if definitely over.”That’s the verdict handed down from Eric Luo, president of China’s solar panel giant GCL System Integration Technology. The international solar power industry is about to lose a major competitive windfall as prices of Chinese-made solar panels begin to recover after a collapse last year.
The U.S. will start the process of sending migrants back to Mexicowhile their asylum requests are processed in U.S. immigration courts. Those being returned are non-Mexican migrants who crossed the U.S. southern border seeking asylum, arriving mostly from Central America. The government will return the first group to the Mexican border city of Tijuana, U.S. and Mexican officials said, marking the start of a major policy shift by the Trump administration.
Freight rates for dry-bulk and container ships, carriers of most of the world’s raw materials and finished goods, have plunged over the last six months in the latest sign the global economy is slowing significantly.
General Electric is advising some buyers of its big power turbines to switch out faulty blades sooner than expected and has disclosed that a blade broke in 2015, according to a presentation reviewed by Reuters and people briefed on the matter.
The continuing government shutdown is threatening to delay the roll-out of new vehicle models in the United States by stalling required certifications from the Environmental Protection Agency, automakers said.
