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Ruslan International Helicopter Project

AJOT | October 30, 2014 | Photos

Ruslan International  Helicopter Project

Ruslan International – the joint-venture company that manages and markets the 17 AN-124 freighters belonging to its owners, Antonov Airlines and Volga Dnepr Airlines – has partnered with leading German charter broker Karpeles Flight Services (part of DB Schenker) to move a brand new AgustaWestland AW101 helicopter from the UK to Africa. Read More »

Brazilian outlook clouds Fiat Chrysler’s growth plans

Reuters | October 31, 2014 | International Trade

Fiat Chrysler Automobiles hopes to raise vehicle sales in Latin America by 44 percent over five years but a recent big drop in volumes and weakening outlook in Brazil, the region's biggest economy, threaten to spoil its ambitions. Read More »

Mexico chamber sees 2014/15 sugar exports to US down over 20%

Reuters | October 31, 2014 | International Trade

Mexico expects to export 1.5 million tons of sugar to the United States in the current season following a trade deal struck this week, the country's sugar chamber said, signaling a sharp drop from the previous season. Read More »

Sparking friction, China steel exports reinforced by rebate

Reuters | October 31, 2014 | International Trade

China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world's biggest producer are taking advantage of the rebate to sell surplus steel cheaply. Read More »

Tanzania says construction of China-funded port to start in 2015

Reuters | October 31, 2014 | Ports & Terminals

Construction of a Chinese-funded port and special economic zone in Tanzania worth at least $10 billion will start in July 2015, the president's office said in a statement, for the first time setting a start date for the delayed initiative. Read More »

China shipping delivers toxic pollution cocktail

Reuters | October 31, 2014 | Ports & Terminals

China is waging war on pollution, closing factories and targeting dirty coal-fired power plants, but its ports are pumping out pollution virtually unchecked, according to a report by a U.S. environmental group. Read More »

High Arctic costs deter business despite thaw

Reuters | October 31, 2014 | Liner Shipping

Despite high hopes for Arctic business from mining to shipping as the ice melts rapidly and temperatures rise twice as fast as the global average, few firms say the sums still make sense. Read More »

Smoother grain flow points to Ottawa lifting rail regulations

Reuters | October 31, 2014 | Intermodal | Rail

Barring a sudden pile-up of grain across Western Canada in the next five weeks, Ottawa will lift requirements that railways move minimum volumes of crops, Agriculture Minister Gerry Ritz said in an interview. Read More »

Falcon grows Brazil service with new Sao Paulo branch

AJOT | October 31, 2014 | Transport Intermediaries

Falcon Maritime and Aviation has launched a branch office in Sao Paulo, Brazil as the company enhances its air and ocean transportation solutions to the Brazil market. Read More »

US warns China against dragging out technology trade deal

Reuters | October 31, 2014 | International Trade

China must move ahead with a global deal to eliminate duties on billions of dollars of technology products or risk upsetting other trade talks, U.S. Trade Representative Michael Froman said. Read More »

Visa, Mastercard welcome Beijing’s plans to free bank cards market

Reuters | October 31, 2014 | International Trade

Visa Inc and Mastercard Inc welcome China's plans to open up its market for clearing domestic bank card transactions, as they stand to gain access to a growing market worth more than $1 trillion a year. Read More »

US says hard to imagine EU trade deal without investor protection

Reuters | October 31, 2014 | International Trade

A trade deal between the United States and Europe is hard to imagine without strong investor protection, U.S. Trade Representative Michael Froman said. Read More »

US to monitor turtle exports in face of booming global trade

Reuters | October 31, 2014 | International Trade

There were lots of snickers when a Chinese-Canadian man was caught trying to leave the United States with 51 turtles hidden in his sweatpants, but the case illustrated the serious threat facing native species from the booming international turtle trade, federal scientists said. Read More »

US businesses urge action on fast-track trade authority

Reuters | October 31, 2014 | International Trade

U.S. businesses urged President Barack Obama to make a case for fast-track authority on trade agreements before his upcoming trip to Asia, which is seen as an opportunity to push a Pacific trade deal. Read More »

Tencent teams up with IBM to offer business software over the cloud

Reuters | October 31, 2014 | International Trade

Tencent Holdings Ltd said it would collaborate with International Business Machines Corp (IBM) on a new cloud software business for corporate customers, a marked departure for one of the dominant forces in China's consumer Internet industry. Read More »

AB InBev profit capped by weak US, Brazil recession

Reuters | October 31, 2014 | International Trade

Anheuser-Busch InBev, the world's largest beer maker, increased earnings by less than expected in the third quarter as U.S. consumers drank less, Brazil fell into recession and Mexican cost savings dropped sharply. Read More »

Wal-Mart to close 30 underperforming stores in Japan, take charge

Reuters | October 31, 2014 | International Trade

Wal-Mart Stores Inc said it would close 30 underperforming stores in Japan, scaling back in what was once considered one of the retailer's most promising markets and highlighting the hurdles it faces to securing growth overseas. Read More »

Harley-Davidson woos affluent young Indians with bike culture

Reuters | October 31, 2014 | International Trade

Harley-Davidson Inc, battling upstart competitors in its traditional markets, says it is betting on India's young and affluent urbanites to help establish a "leisure riding" culture there and boost sales of its first new bike in over a decade. Read More »

Lenovo closes $2.91 billion acquisition of Motorola unit from Google

Reuters | October 31, 2014 | International Trade

China's Lenovo Group Ltd said it has closed its $2.91 billion acquisition of the Motorola handset unit from Google Inc., paving the way for a fresh assault on the U.S. smartphone market. Read More »

EU takes Russia to WTO over paper, palm oil, fridges

Reuters | October 31, 2014 | International Trade

The European Union launched a trade dispute at the World Trade Organization to challenge Russia's treatment of European exports of agricultural and manufactured goods, the WTO said in a statement. Read More »

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