International Trade

US may impose tougher curbs to contain bird flu in Arkansas

Reuters | March 16, 2015 | International Trade

U.S. authorities are considering imposing tougher restrictions in Arkansas to contain a virulent strain of avian flu in the heart of America's poultry region in a bid to minimize international trade disruptions and contain the virus. Read More »

Tesla reorganizing global sales team after missing targets

Reuters | March 16, 2015 | International Trade

Electric car maker Tesla Motors Inc is reorganizing its regional sales teams after missing sales targets in 2014 and will reassign its global sales chief once it appoints new executives to run local operations, the company said. Read More »

China puts tech bill that concerns West on hold

Reuters | March 16, 2015 | International Trade

China has put a hold on a draft counter-terrorism law that would require technology firms to hand over sensitive information to government officials, a senior U.S. official said in a good sign for Western businesses who saw the rule as a major impediment to working in the world's second largest economy. Read More »

EU plans high-level visit to Cuba as ties with West warm

Reuters | March 16, 2015 | International Trade

The European Union's foreign policy chief, Federica Mogherini, is to visit Cuba this month in the latest sign of warming relations between the Communist-ruled island and the West. Read More »

EU proposes ending duty-free access for three China solar firms

Reuters | March 16, 2015 | International Trade

The European Commission has proposed denying three Chinese solar panel producers duty-free access to European markets because of alleged violations of its conditions, according to two sources familiar with the proposal. Read More »

Indonesia exports in biggest fall in 2-1/2 years, trade balance in surplus

Reuters | March 16, 2015 | International Trade

Indonesia's February exports fell the most in 2-1/2 years, hit by sliding oil and gas shipments, but a big fall in imports helped achieve a trade surplus for the third straight month. Read More »

Zara-owner Inditex has the edge in online battle with H&M

Reuters | March 16, 2015 | Intermodal | International Trade

The families behind Zara-owner Inditex and H&M will need to fend off fast-moving competitors if they are to replicate online the winning formulae that made them the world's top two fashion retailers. Read More »

Chilean court orders 2nd copper warehouse to suspend work

Reuters | March 16, 2015 | International Trade

A Chilean court has ordered port operator Antofagasta Terminal Internacional to temporarily suspend operations at a second copper stockpiling warehouse after high levels of heavy metals were found nearby, a move that could impact copper exports from the world’s No. 1 producer. Read More »

Greece has destroyed all the trust that was rebuilt, Germany’s Schaeuble says

Reuters | March 16, 2015 | International Trade

German Finance Minister Wolfgang Schaeuble said on Monday that the new Greek government destroyed all the trust that had been rebuilt in the past. Read More »

Brent down 3%, U.S. crude at 6 year low on growing stocks, Iran talks

Reuters | March 16, 2015 | Energy | International Trade

Brent oil fell about 3 percent on Monday and U.S. crude hit six-year lows on signs of higher output in the United States and Libya and a possible nuclear deal that could end sanctions for Iran, allowing more of its oil into the market. Read More »

Chilean court orders 2nd copper warehouse to suspend operations

Reuters | March 16, 2015 | International Trade

A Chilean court has ordered port operator Antofagasta Terminal Internacional to temporarily suspend operations at a second copper stockpiling warehouse after high levels of heavy metals were found nearby, a move that could impact copper exports from the world’s No. 1 producer. Read More »

Bunge sells Cincinnati grain facility to warehouse firm Vogt

Reuters | March 16, 2015 | International Trade

Bunge North America’s grain terminal in Cincinnati, Ohio, which closed last year following an explosion, was sold in the past week to a local warehouse business, a spokeswoman for the company said. Read More »

Kenya seeks 2 year extension of regional sugar imports limits

Reuters | March 13, 2015 | International Trade

Kenya has requested a two year extension of sugar import limits from the regional trade bloc Common Market for Eastern and Southern Africa (COMESA) to revamp its ailing sugar industry, its agriculture minister said. Read More »

No bans on New Zealand dairy products after poison threat

Reuters | March 12, 2015 | International Trade

New Zealand has received no indications that any foreign countries would stop buying its dairy products following a threat to poison infant formula with a toxic pesticide, the agriculture ministry said. Read More »

US exports at risk as bird flu enters heart of poultry country

Reuters | March 12, 2015 | International Trade

A case of bird flu confirmed in the heart of America's poultry region, is certain to mean more export restrictions, increasing U.S. supply and likely forcing the world's biggest poultry companies to trim prices. Read More »

Unions freeze campaign contributions over trade

Reuters | March 12, 2015 | International Trade

The largest U.S. federation of labor unions said it is freezing contributions to federal candidates in next year's elections as it waits to see the outcome of key trade votes. Read More »

Mars Inc. set to open first chocolate factory in India

Reuters | March 12, 2015 | International Trade

Mars Inc said it is on track to open its first chocolate plant in India, where its popular Snickers and Galaxy bars will be made to meet growing demand. Read More »

Japan aluminium stocks climb for 11th month, hit record

Reuters | March 12, 2015 | International Trade

Aluminium stocks held at Yokohama, Nagoya and Osaka grew 0.8 percent in February from a month earlier to 453,400 tonnes, Marubeni Corp said on Thursday. The trading house collects data from those key ports. Read More »

Unions to make trade pacts an issue in 2016 campaigns

Reuters | March 11, 2015 | International Trade

Unions plan to make lawmakers' support for trade deals and legislation to streamline the passage of trade agreements through Congress an issue in next year's U.S. elections, the head of the country's largest labor federation said. Read More »

Suspected bird flu in Arkansas poultry threatens exports

Reuters | March 11, 2015 | International Trade

A suspected case of avian influenza has been identified in poultry in Arkansas, the third-largest U.S. turkey producer and home to Tyson Foods Inc , the nation's biggest chicken company, the U.S. Department of Agriculture said. Read More »