International Trade

First Reserve to Acquire TNT Crane & Rigging, Inc. from Odyssey Investment Partners

PR Newswire | October 21, 2013 | International Trade

First Reserve, the largest global private equity firm exclusively focused on energy, today announced that First Reserve Fund XII, in partnership with the existing management team, has agreed to acquire TNT Crane & Rigging, Inc. ("TNT") from Odyssey Investment Partners ("Odyssey"). Read More »

Free trade agreement with Europe

PR Newswire | October 18, 2013 | International Trade

The Canadian aluminum industry applauds . The stage is set: Quebec must now ensure success! Read More »

Obama, Italy’s Letta compare notes on budget woes

Reuters | October 18, 2013 | International Trade

President Barack Obama and Italian Prime Minister Enrico Letta congratulated each other for surviving extended budget crises and pledged to work together to advance U.S.-EU trade talks and address security issues. Read More »

India probe into Wal-Mart investment moves to RBI

Reuters | October 18, 2013 | International Trade

An investigation by the government into whether Wal-Mart Stores Inc violated local investment rules in 2010 has been referred to the Reserve Bank of India (RBI), officials familiar with the matter said. Read More »

GM aids Opel by booking Russian profits at loss-making unit

Reuters | October 18, 2013 | International Trade

General Motors has decided to put its Russian operations back under the control of its European wing - a victory for GM Europe's new president and a signal of support for a workforce that has endured massive job cuts in the hunt for profitability. Read More »

Argentina ready to take EU to WTO in biodiesel row

Reuters | October 18, 2013 | International Trade

Argentina is preparing to take the European Union to the World Trade Organisation to challenge punitive duties on its biodiesel exports, two people familiar with the matter said. Read More »

Say cheese: EU strikes trade deal with Canada, looks to US

Reuters | October 18, 2013 | International Trade

The European Union and Canada agreed a multi-billion-dollar trade pact that will integrate two of the world's largest economies and paves the way for Europe to clinch an even bigger deal with the United States. Read More »

EU members agree to enter investment negotiations with China

Reuters | October 18, 2013 | International Trade

European Union governments agreed to start talks with China to remove restrictions on foreign investment and set clearer rules on doing business after months of trade disputes over Chinese solar panels and EU wine. Read More »

Forest industry welcomes trade deal with Europe

PR Newswire | October 18, 2013 | International Trade

The Forest Products Association of Canada (FPAC) expressed its support for the agreement in principle for a Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union. One of its measures will result in the elimination of quotas and tariffs of up to 10% on imports of wood based panels. Read More »

WTO chief says budget cap delays trade disputes

Reuters | October 17, 2013 | International Trade

The World Trade Organization has warned member countries that their refusal to increase its budget is causing a logjam in dealing with trade disputes. Read More »

EU, Canada near trade pact after breaking impasse

Reuters | October 17, 2013 | International Trade

The European Union and Canada are expected to close negotiations on a multi-billion-dollar trade deal if they can overcome final disagreements ranging from medicine patents to feta cheese and integrate two of the world's biggest economies. Read More »

China warns of slowing demand from emerging markets

Reuters | October 17, 2013 | International Trade

China's exporters face a difficult time in coming months as demand from emerging markets slows, the Chinese trade ministry warned after the latest trade data showed sales to Southeast Asia slowed sharply in September. Read More »

Indonesia seeks to get back its manufacturing mojo

Reuters | October 17, 2013 | International Trade

In PT Trisula International's hangar-sized factory outside the western Indonesian city of Bandung, hundreds of workers stitch together clothes for some of the world's top brands. Read More »

Wal-Mart predicts sales will grow faster next year

Reuters | October 17, 2013 | Intermodal | International Trade

Wal-Mart Stores Inc expects slightly stronger sales growth next year as it makes changes such as opening more smaller U.S. stores and shutting 50 poorly performing stores in Brazil and China, executives said. Read More »

Fitch Publishes New Index To Measure Change in US Economic Strength

AJOT | October 16, 2013 | International Trade

Inaugural Index Falls to Neutral Due to Slowing Consumer Credit Recovery and Bank Operating and Asset Quality Challenges Read More »

UN TIR bodies confirm that Russian customs are breaching international law.

AJOT | October 16, 2013 | International Trade | Transport Intermediaries

United Nations TIR bodies had a series of meetings in Geneva last week further to the Russian Federal Customs Service‚Äôs (FCS RF) illegal decisions to impose additional guarantees for TIR operations to, from and across Russian territory. Read More »

Slowdown in mining sector holds back economies of Canada’s territories in 2013

PR Newswire | October 16, 2013 | International Trade

Stronger growth expected in 2014 and beyond Read More »

49 North Resources Inc. announces completion of acquisition of CVG Mining Ltd.

PR Newswire | October 16, 2013 | International Trade

TSX Venture Exchange Symbol FNR

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S&P’s warning of a possible rating downgrade in June prompts rethink

Reuters | October 15, 2013 | International Trade

S&P's warning of a possible rating downgrade in June prompted Brazilian President Dilma Rousseff to rethink her government's economic strategy, altering her stance to appease rating agencies and investors. Read More »

WalMart Cuts Underperforming Overseas Stores

Reuters | October 15, 2013 | International Trade

WalMart is taking a number of steps, from closing poorly performing stores in Brazil and China to opening more smaller U.S. stores than larger ones, as it moves to improve results in the face of difficult conditions worldwide. Read More »