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US-China trade war triggers seafood supply chain shake-up

NEW YORK/MONTREAL: The US-China trade war has triggered a seafood supply chain shake-up, with US importers scrambling to stockpile frozen Chinese squid and tilapia ahead of looming price increases while Canada exports more lobsters to China. A series of retaliatory tariffs between Beijing and Washington has led to a shift in global trade, creating winners and losers in sales of commodities from soya to seafood to pork. About $3 billion worth of Chinese seafood imported into the United States is now subject to a 10…

New Boeing jet to accelerate services shake-up

CHICAGO: Boeing is doubling down on its landmark new strategy designed to muscle in on the business of maintenance providers by making its next jet the laboratory for in-house services that could radically alter the global business model for selling planes. Unlike Boeing’s last all-new design, the 787 Dreamliner, its proposed new mid-market plane will not bring a flood of revolutionary technical designs to the drawing board. But it will give the world’s largest plane maker a chance to test its new business approach of…

Saudi king replaces top commanders in military shake-up

RIYADH: Saudi King Salman on Monday replaced top military commanders including the chief of staff, state media said, in a major shake-up of the kingdom's defence establishment. The monarch replaced the heads of the ground forces and air defences, as well as civilian officials including several deputy ministers, in a series of late-night royal decrees. No official reason was given for the sweeping overhaul, but it comes as Crown Prince Mohammed bin Salman pursues military reform and a bloody campaign against Yemen's…

How Saudi Arabia plans to shake up its economy

RIYADH: In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia's economy could survive an era of cheap oil.

Twitter considers management shake up

CALIFORNIA: Twitter is considering a shake-up in its top management, including a possible shift in the duties of Chief Operating Officer Ali Rowghani, technology news site Re/code reported, citing sources familiar with the matter. A lackluster growth combined with a recent large stock sale by Rowghani have prompted the microblogging service to evaluate the need of a COO, Re/code said, citing sources. Chloe Sladden, Twitter's North America media head, who reports to Rowghani, has been reorganizing her unit and she may be…