International Trade

BMW to invest $1 billion to expand US production by 50%

Reuters | March 30, 2014 | International Trade

BMW will expand production capacity in the United States by 50 percent and introduce another new offroad model, the German luxury carmaker said on Friday, in what amounts to a $1 billion bet on sport utility vehicles (SUVs). Read More »

GE to enter Japanese solar power market

Reuters | March 30, 2014 | International Trade

General Electric Co will enter Japan's solar power market with what would be the country's biggest plant, the Nikkei reported. Read More »

Ukraine faces hard road to economic recovery with Moscow pushing back

Reuters | March 30, 2014 | International Trade

Smarting from Ukraine's U-turn towards Europe, Russia is likely to employ every weapon in its economic arsenal to ensure its neighbour's road to financial recovery is as painful as possible, even when paved with billions of dollars in Western aid. Read More »

As China lists big businesses in Hong Kong, some investors query reform credentials

Reuters | March 30, 2014 | International Trade

China’s move to list one of its biggest state-run conglomerates in Hong Kong has left some investors questioning whether Beijing’s choice is about improving corporate management and welcoming foreign investors or cementing its own control. Read More »

US groups accuse Mexico of dumping subsidized sugar

Reuters | March 30, 2014 | International Trade

U.S. sugar cane and sugar beet groups asked federal authorities to investigate what they called "dumped and subsidized" imports of sugar from Mexico, according to a filing with the U.S. International Trade Commission. Read More »

As China lists big businesses in Hong Kong, some investors query reform credentials

Reuters | March 30, 2014 | International Trade

China’s move to list one of its biggest state-run conglomerates in Hong Kong has left some investors questioning whether Beijing’s choice is about improving corporate management and welcoming foreign investors or cementing its own control. Read More »

China loses WTO bid to overturn US law against unfair subsidies

Reuters | March 27, 2014 | International Trade

China lost its bid to overturn U.S. legislation targeting unfair trade subsidies, its second defeat in a World Trade Organization dispute within 24 hours. Read More »

Data privacy shapes up as a next-generation trade barrier

Reuters | March 27, 2014 | International Trade

Revelations about U.S. digital eavesdropping have fanned concerns about Internet privacy and may complicate U.S. attempts to write rules enshrining the free flow of data into trade pacts with European and Pacific trading partners. Read More »

Yum Brands plans KFC makeover in China market

Reuters | March 27, 2014 | International Trade

Yum Brands Inc's fast food chain KFC is rewriting its menu and launching a publicity drive as it struggles to emerge from the shadow of a food safety scare in 2012 and see off rivals luring diners with innovative, home-grown fare. Read More »

Lindt to boost US chocolate output; sees first China sales from US

Reuters | March 27, 2014 | International Trade

Rising demand for premium chocolate has spurred Lindt & Spruengli to boost production at its U.S. headquarters by 8 to 10 percent, where it will start making high-quality treats for China for the first time, Lindt USA chief executive said. Read More »

Volkswagen replaces Chattanooga plant manager

Reuters | March 27, 2014 | International Trade

Volkswagen said Frank Fischer will leave his post as head of its plant in Chattanooga, Tennessee, to take a job at its factory in Emden, Germany, as part of a broader reshuffle among plant managers. Read More »

Japan’s ANA gives Boeing a boost with 777X order

Reuters | March 27, 2014 | International Trade

ANA Holdings Inc restored Boeing Co's momentum in a Japanese market it has long dominated by ordering 20 new generation 777X wide-body jets after a stinging defection by Japan Airlines Co last year to rival Airbus Group NV. Read More »

As Kiev looks West, Putin turns east to build Eurasian dream

Reuters | March 27, 2014 | International Trade

With his biggest prize escaping his grasp in Ukraine, Vladimir Putin is likely to turn to the autocrats of Central Asia, particularly Kazakhstan's Nursultan Nazarbayev, to further his aim of erecting a Eurasian Union of former Soviet states. Read More »

West African states in last-minute talks over EU trade deal

Reuters | March 27, 2014 | International Trade

West African nations held last-minute talks address lingering doubts over an agreement with the European Union that would open up the region's economy of 300 million consumers to tariff-free trade, officials said. Read More »

EU partially defuses China telecom import dispute

Reuters | March 27, 2014 | International Trade

The EU's trade chief partially defused a long-running telecoms trade dispute with China on Thursday by dropping part of its complaint and offering negotiations in the coming months to reach a full solution. Read More »

China’s ZTE says 4G phones will be 40 percent of 2014 shipments

Reuters | March 27, 2014 | International Trade

ZTE Corp, the world's seventh-biggest smartphone maker, sees sales of 4G smartphones accounting for at least 40 percent of its global smartphone shipments in 2014, a company executive said. Read More »

Economic ‘honeymoon’ between Germany and China fades

Reuters | March 27, 2014 | International Trade

As Xi Jinping prepares to make the first trip to Germany by a Chinese president in eight years, lofty goals to boost trade between the world's top exporters look hopelessly out of reach, and German firms are beginning to rethink their aggressive push into China. Read More »

Egypt mulls free trade zone with Russia’s customs union

Reuters | March 26, 2014 | International Trade

Egypt has resumed talks about the creation of a free trade zone with the customs union of Russia, Belarus and Kazakhstan, Egyptian and Russian officials said. Read More »

US, EU to work together on tougher Russia sanctions

Reuters | March 26, 2014 | International Trade

The United States and the European Union agreed to work together to prepare possible tougher economic sanctions in response to Russia's behavior in Ukraine, including on the energy sector, and to make Europe less dependent on Russian gas. Read More »

GE to build $100-million jet engine plant in Indiana

Reuters | March 26, 2014 | International Trade

General Electric Co will start building a $100-million jet-engine plant in Indiana later this year, the company's aviation unit said on Wednesday, expanding production to meet demand for its new engine. Read More »