International Trade

Chinese rivals snap at Alibaba’s heels in cross-border e-commerce race

Reuters | February 26, 2015 | International Trade

A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding Ltd and Amazon.com Inc catering to shoppers' fears about the quality and safety of local everyday goods. Read More »

China drops leading tech brands for state purchases

Reuters | February 26, 2015 | International Trade

China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Read More »

EU requests WTO dispute panel over Russian import duties

Reuters | February 26, 2015 | International Trade

The European Union said it was escalating a dispute with Russia at the World Trade Organization over what it said were excessive import duties on paper products, refrigerators and palm oil. Read More »

West’s offer to rebuild Ukraine faces reality check

Reuters | February 26, 2015 | International Trade

Western powers are preparing what they say may be their most potent weapon against Moscow's interference in Ukraine - a multi billion dollar aid package to rebuild a near-bankrupt state and realize the European dream cherished by many Ukrainians. Read More »

Mexico factory exports slump in January

Reuters | February 26, 2015 | International Trade

Mexican factory-made exports sank in January, data showed, while consumer imports remained flat in a sign that a sluggish economy may struggle to gain pace early this year. Read More »

Brazil seeks to extend auto quota with Mexico for up to 5 years

Reuters | February 26, 2015 | International Trade

The Brazilian government wants to extend a restrictive auto quota with Mexico for up to five years, sources close to the negotiations said. Read More »

Focus on Cargo Owners at the TransRussia Conference 2015

AJOT | February 26, 2015 | International Trade

TransRussia 2015, the 20th international exhibition and conference on transport logistics services and technology, will take place from 21-24 April 2015, in Pavilion 1 at Crocus Expo, Moscow. Read More »

Commodities shipping crisis adds to loan woes for Greek banks

Reuters | February 26, 2015 | International Trade

The global slump in demand for dry freight commodities is adding more pain to Greece’s already crisis-hit banks by heaping pressure on many of their shipowner clients, particularly the smaller companies. Read More »

Greek banks mull cutting shipping portfolios to raise capital

Reuters | February 26, 2015 | International Trade

Greece’s leading banks are considering offloading part of their portfolios of shipping debt worth billions of dollars in a bid to shore up their capital, according to banking and ship financing sources. Read More »

Mexico says Pacific trade meeting in April, fast track slips

Reuters | February 25, 2015 | International Trade

A meeting aimed at sealing a Pacific trade deal has been called for April, Mexico's economy minister said, adding he was hopeful it would be finalized in the next few months. Read More »

Friction over India’s beef trade heats up after attacks

Reuters | February 25, 2015 | International Trade

Hindu nationalists in India have stepped up attacks on the country's beef industry, seizing trucks with cattle bound for abattoirs and blockading meat processing plants in a bid to halt the trade in the world's second-biggest exporter. Read More »

Premium Article  Latin American and Asian markets star performers for IAG Cargo

Ken Gangwani | February 25, 2015 | International Trade

Since its formation, IAG Cargo has seen dramatic growth in Latin America and the Asian region and is continuing to add more capacity to Latin America as demand continues to grow while in Asia, where IAG Cargo has a comprehensive network, further growth hinges on the performance of China Read More »

Fed chief warns against grafting currency rules onto trade deals

Reuters | February 24, 2015 | International Trade

Federal Reserve Chair Janet Yellen warned Congress against a bid to crack down on currency cheats and said adding currency rules to trade deals could hobble monetary policy. Read More »

US raises concerns over ‘made in Indonesia’ smartphone law

Reuters | February 24, 2015 | International Trade

The United States is pressing Indonesia to relax local-content rules it believes will handicap efforts of tech firms such as Apple to expand into one of the world’s last big markets where demand for high-end smartphone has yet to really take off. Read More »

Japan-US TPP talks are behind schedule

Reuters | February 24, 2015 | International Trade

Japanese Economy Minister Akira Amari said that talks between Japan and the United States on a trade deal are running behind schedule. Read More »

Cuban cigar maker eyes 25-30% of US market if embargo lifted

Reuters | February 24, 2015 | International Trade

Cuban cigar-maker Habanos S.A. expects to immediately gain 25 to 30 percent of the U.S. premium cigar market if the United States lifts its trade embargo and up to 70 percent of the market within a few years, the company said. Read More »

Brazil unions sue McDonald’s operator on pay, rules

Reuters | February 24, 2015 | International Trade

Brazilian unions have filed a lawsuit alleging that the largest operator of McDonald's restaurants in Latin America violates Brazil's labor laws, a case that could lead to fines of up to 30 percent of annual sales. Read More »

German exports to Iran soar after sanctions eased

Reuters | February 24, 2015 | International Trade

German exports to Iran jumped 30 percent last year to 2.4 billion euros, data from the Federal Statistics Office showed, bolstered by the easing of Western sanctions amid progress in talks on the country's nuclear program. Read More »

Brazil’s current account gap widens in January

Reuters | February 24, 2015 | International Trade

Brazil's current account deficit widened in January from the previous month to its second highest monthly mark on record as exports continue to dwindle, central bank data showed. Read More »

Premium Article  Will autos put the brakes on the Trans Pacific Partnership

Matt Miller | February 24, 2015 | International Trade

The ambitious Trans Pacific Partnership (TPP) is edging towards a vote in the US Congress in 2015 or early 2016. But tariffs on the export of motor vehicles could put the brakes on the TPP. Read More »