International Trade

Record Japan trade deficit highlights risk of economic stumble

Reuters | February 20, 2014 | International Trade

Japan suffered a record trade deficit in January as growth in exports spurred by a weak yen was far outstripped by a surge in import costs, raising fresh doubts about Prime Minister Shinzo Abe's strategy to spark an economic revival. Read More »

Ukraine violence halts commodities deals and inflates prices

Reuters | February 20, 2014 | International Trade

“Soft commodities companies have been asking about when they can get more financing but in the short term banks are taking a wait-and-see approach. The worrying thing might be if the EU come up with sanctions.” Read More »

Have a cigar: Cuba and Europe to write a business plan

Reuters | February 20, 2014 | International Trade

Eleven months before Barack Obama’s historic handshake with Raul Castro, Europe staged its own show of friendliness with Cuba. While little noticed, this gesture may end up doing far more to end the communist island’s isolation. Read More »

US to boost network of advisers on trade negotiations

Reuters | February 19, 2014 | International Trade

The United States will boost its network of trade advisers to give a stronger voice to public health, development and consumer safety experts, U.S. Trade Representative Michael Froman said. Read More »

Obama to sign order seeking to speed up export approvals

Reuters | February 19, 2014 | International Trade

The order, to be signed on Air Force One as Obama flies to Mexico to meet the Mexican and Canadian leaders, is the latest example of Obama using executive authority to act on his own where he can without needing congressional approval. Read More »

EU trade chief says US tariff offer falls short in talks

Reuters | February 19, 2014 | International Trade

The United States will need to improve its offer on cutting tariffs on European manufactured and farm goods as part of negotiations on a U.S.-European Union trade pact, EU Trade Commissioner Karel De Gucht said. Read More »

China accuses Qualcomm of overcharging, abusing dominance

Reuters | February 19, 2014 | International Trade

China's anti-monopoly regulator said Qualcomm Inc. was suspected of overcharging and abusing its market position, allegations which could see the U.S. chip giant hit with record fines of more than $1 billion. Read More »

Herbalife raises forecast as China drives fourth-quarter sales

Reuters | February 19, 2014 | International Trade

Herbalife Ltd, the nutrition products company accused by billionaire investor William Ackman of being a pyramid scheme, raised its forecast for the first quarter of 2014 on strong sales growth in China. Read More »

India’s Bajaj to deepen Kawasaki, KTM partnerships to lift exports

Reuters | February 19, 2014 | International Trade

Indian motorcycle maker Bajaj Auto is building on its partnerships with Japan's Kawasaki Heavy Industries Ltd and Austria's KTM AG as it looks to increase exports of its bikes to fuel growth. Read More »

Russia to resume Brazilian and US pork imports in March

Reuters | February 19, 2014 | International Trade

Russia plans to resume pork imports from Brazil and the United States in March to compensate for falling supplies from the European Union, Russia's veterinary and phytosanitary service (VPSS) said. Read More »

India’s Bajaj to deepen Kawasaki, KTM partnerships to lift exports

Reuters | February 19, 2014 | International Trade

Indian motorcycle maker Bajaj Auto is building on its partnerships with Japan’s Kawasaki Heavy Industries Ltd and Austria’s KTM AG as it looks to increase exports of its bikes to fuel growth. Read More »

Japan eyes Pacific trade pact concessions as talks with US begin

Reuters | February 18, 2014 | International Trade

Japan could make concessions on tariffs on some sensitive farm products, a key cabinet minister said, as U.S. and Japanese officials began talks ahead of next-week's high-level multilateral negotiations on a U.S.-led free trade deal. Read More »

General Mills shopping for food deals in emerging markets

Reuters | February 18, 2014 | International Trade

U.S. packaged foods group General Mills is looking to expand its business in faster-growing emerging markets, it said, as growth in its home market remains weak. Read More »

Pratt, GE battle over billions in jet engine orders

Reuters | February 18, 2014 | International Trade

As the next generation of narrow-body airplanes takes to the skies later this year, makers of the new fuel-efficient engines that power them are battling for market share. Read More »

Boeing to locate new 777X composite wing center in Everett, WA

PR Newswire | February 18, 2014 | International Trade

EVERETT, Wash., Feb. 18, 2014 /PRNewswire/ -- Boeing (NYSE: BA) today announced the selection of its Everett, Wash., site as the location for a new composite wing center for the 777X program. Boeing evaluated criteria that were designed to find the wing fabrication location that would best support the 777X business plan. The new composite wing center will be located north of the Everett factory and will sustain thousands of Puget Sound area jobs for years to come.

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China calls for fair handling of escalating solar dispute with US

Reuters | February 17, 2014 | International Trade

China urged the United States to "objectively and fairly" handle an ongoing trade dispute between the two countries after Washington signalled last week it could extend import duties on Chinese solar panels to a wider range of products. Read More »

VW sales gain in Europe, help to offset falls in US, Brazil

Reuters | February 17, 2014 | International Trade

Volkswagen group sales grew at the highest rate in four months in January as deliveries in core European markets bounced back, offsetting double-digit declines in the United States and Brazil. Read More »

US, Japan eye gap over agriculture, autos at trade talks

Reuters | February 17, 2014 | International Trade

The United States and Japan will aim to find common ground on sticking points such as agriculture and autos at the next round of negotiations on a Pacific Rim trade pact, the U.S. Trade Representative said on Saturday after top-level talks. Read More »

European steel body plans anti-dumping cases against China, Russia

Reuters | February 17, 2014 | International Trade

European steel lobby Eurofer plans to file anti-dumping cases this year with the European Commission against exports of cold rolled stainless sheet from China and Taiwan and of electrical steel sheet from Russia. Read More »

Boeing Wind Updates Service to Optimize In-Flight Operations for Qatar Airways

PR Newswire | February 17, 2014 | Air Cargo | International Trade

SEATTLE, Feb. 17, 2014 /PRNewswire/ -- Boeing (NYSE: BA) and Qatar Airways today announced a five-year agreement to provide Boeing Wind Updates services for the airline to maximize in-flight operational efficiency. Boeing Wind Updates provides customized, real-time wind and temperature information to aircraft. This data allows for more efficient trajectory prediction during pre-flight operations and continuous optimization in-flight by providing tailored wind information for flight crews and the aircraft flight management system. As part of the agreement, Boeing Wind Updates will be integrated fleet-wide, across all Qatar Airways Boeing and Airbus aircraft.

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