International Trade

ADM tightens barge corn moisture guidelines from August

Reuters | February 12, 2014 | International Trade

U.S. agribusiness Archer Daniels Midland is tightening its grain moisture guidelines for corn shipped on barges to U.S. Gulf Coast export terminals beginning in August to better meet export standards, trade sources said on Wednesday. Read More »

US launches new trade action against India over solar program

Reuters | February 12, 2014 | International Trade

The United States said it would take India to the World Trade Organization to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market, adding another irritant to an already strained relationship. Read More »

India says to respond to US trade action at WTO

Reuters | February 12, 2014 | International Trade

India said it will respond to any U.S. trade action it, a day after Washington said it would take India to the World Trade Organization (WTO) in order to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market. Read More »

India warns US about dumping investigation in solar trade spat

Reuters | February 12, 2014 | International Trade

India said it was investigating U.S. policies supporting solar panel makers, the latest move in an escalating row over renewable energy that has worsened already strained ties between the two countries. Read More »

GM says January China auto sales up 12%

Reuters | February 12, 2014 | International Trade

General Motors Co and its Chinese joint ventures sold 348,061 vehicles in China in January, a 12 percent increase from a year earlier, the U.S. automaker said. Read More »

Alibaba to launch US e-commerce website

Reuters | February 12, 2014 | International Trade

Alibaba Group Holding Ltd is set to launch a U.S. e-commerce website through its subsidiaries Vendio and Auctiva, which are in turn part of the Alibaba.com business group, the company told Reuters. Read More »

IBM’s CEO visits China for trust-building talks with government leaders

Reuters | February 12, 2014 | International Trade

A slide in IBM Corp's sales in China amid a broad backlash against claims of U.S. government spying has triggered a rare visit to Beijing by Chief Executive Officer Ginni Rometty. Read More »

Ford says January China auto sales up 53%

Reuters | February 12, 2014 | International Trade

Ford Motor Co and its Chinese joint ventures sold 94,466 vehicles in China in January, an increase of 53 pct from a year earlier, the U.S. automaker said. Read More »

Nokia renews legal battle in India to move assets to Microsoft

Reuters | February 12, 2014 | International Trade

Nokia said it plans to challenge a Delhi High Court ruling that is blocking the transfer to Microsoft of assets related to its mobile phone business. Read More »

Mexico’s tequila industry sees China fueling export boom

Reuters | February 12, 2014 | International Trade

An expected surge in Chinese demand should boost Mexico's tequila exports by 20 percent within a decade, according to the regulator of the country's signature cactus-based liquor, and producers are gearing up for a boom. Read More »

EU seeks wider free trade agreement with Egypt

Reuters | February 12, 2014 | International Trade

The European Union wants to restart talks with Egypt over a wider free trade deal that could help double the value of commercial exchanges in the next few years, the EU ambassador to Cairo said. Read More »

Germany says domestic demand to drive 2014 growth as trade drags

Reuters | February 12, 2014 | International Trade

Germany, Europe's largest economy, will gain traction this year as domestic demand strengthens but foreign trade will drag on the traditionally export-oriented economy's growth for a second consecutive year, the Economy Ministry said. Read More »

India IT sector exports to grow 13-15% in FY15

Reuters | February 12, 2014 | International Trade

The Indian IT outsourcing sector is expected to see exports growing 13-15 percent in the fiscal year starting in April, an industry lobby group said, with improving U.S. and European economies driving growth. Read More »

Japan may lift arms export ban for international groups

Reuters | February 12, 2014 | International Trade

Japan may allow exports of defence equipment to international organisations such as those involved in U.N. peacekeeping operations on condition they do not take sides in conflicts, Kyodo News reported. Read More »

Indonesia to maintain trade surplus despite mineral ore ban

Reuters | February 12, 2014 | International Trade

Indonesia will maintain its trade surplus this year even as it implements a mineral export ban which has so far halted $500 million worth of monthly ore and concentrate shipments, a senior government official said. Read More »

Strong China January trade data sparks cheers, doubts

Reuters | February 12, 2014 | International Trade

China surprised markets with a thumping trade performance in January as import growth hit a six-month high, drawing some skepticism about the data but still allaying fears of a deepening economic malaise. Read More »

Brazil’s Rousseff promises auction of key soy road this year

Reuters | February 12, 2014 | International Trade

Brazil’s President Dilma Rousseff on Wednesday said an auction for an essential stretch of road for soy and corn exports through Mato Grosso state will happen this year. Read More »

As West cuts, global defence industry balance shifts

Reuters | February 12, 2014 | International Trade

Fuelled by growing strains in Middle East and Asia, global defence spending looks set to rise in 2014 for the first time since the 2008 financial crisis. Read More »

Mexico says in talks with China to form infrastructure fund

Reuters | February 11, 2014 | International Trade

Mexico and China are discussing creating a joint fund for investments in infrastructure projects in Latin America’s No.2 economy, Mexican deputy finance minister Fernando Aportela said on Tuesday during a visit to New York. Read More »

Costa Rica’s Recope tenders to buy MTBE cargo for April

Reuters | February 11, 2014 | International Trade

Costa Rica’s refining company Recope launched a tender to buy one 20,000 barrel cargo of MTBE to be received the first half of April at Port Moin, according to an invitation seen by Reuters on Tuesday. Read More »