International Trade

​Roche cancer drug suffers patent setback in India

AJOT | August 05, 2013 | International Trade

India has partly revoked patents granted to a Roche Holding AG breast cancer medicine, the Swiss firm said on Sunday, in the latest regulatory setback for western drugmakers trying to crack the fast-growing market. Read More »

US wins trade dispute with China over chicken parts

AJOT | August 05, 2013 | International Trade

The United States won a long-running trade dispute with China on Friday when the World Trade Organization found Beijing had broken global rules by imposing anti-dumping duties on U.S. chicken broiler parts. Read More »

​Terrebonne strengthens economic ties with Weihai, China

AJOT | August 02, 2013 | International Trade

As Kristen Legendre approaches day 30 of her 90-day economic development mission to Weihai City, China, on behalf of the Terrebonne Parish Economic Development Authority (TEDA), she says the most promising prospects include the exportation of U.S. seafood and shipbuilding expertise. Read More »

​US steelmakers seek protection against European products

AJOT | August 02, 2013 | International Trade

A U.S. steel industry group has asked the government trade representative to intervene to protect domestic producers from growing imports of steel products from Europe. Read More »

WTO backs complaint against Chinese duties on US chicken exports

AJOT | August 02, 2013 | International Trade

The United States won a dispute against China at the World Trade Organization on Friday, when a panel of adjudicators found China had broken the WTO rules on at least 16 of 21 counts brought up in the U.S. complaint. Read More »

​EU signs off on China solar deal, no state votes against

AJOT | August 02, 2013 | International Trade

European Union officials endorsed a deal to settle a dispute with China over solar panels, the biggest trade row to date between the two powers, after winning almost unanimous backing from member states. Read More »

​Full report on manufacturers’ shipments, inventories and orders

AJOT | August 02, 2013 | International Trade

Summary. New orders for manufactured goods in March, down two of the last three months, decreased $19.5 billion or 4.0 percent to $467.3 billion, the U.S. Census Bureau reported today. This followed a 1.9 percent February increase. Excluding transportation, new orders decreased 2.0 percent. Read More »

​GM splits China from international unit, hires former Volvo CEO

AJOT | August 02, 2013 | International Trade

General Motors Co said it has split the critical China operations from its international unit, which will now be run by the former chief executive of Swedish automaker Volvo. Read More »

​India eases retail sector rules to lure foreign supermarkets

AJOT | August 02, 2013 | International Trade

India relaxed sourcing and investment rules for the retail sector in a renewed attempt to attract foreign supermarket chains such as Wal-Mart Stores and Tesco. Read More »

India revokes GSK cancer drug patent in latest Big Pharma blow

AJOT | August 02, 2013 | International Trade

India has revoked a patent granted to GlaxoSmithKline Plc for breast cancer drug Tykerb, a decision that follows a landmark India court ruling disallowing patents for incremental innovations that was a blow to global pharmaceutical firms. Read More »

​Move over Bordeaux: French premium winemakers eye China vintage

AJOT | August 02, 2013 | International Trade

In a few remote corners of China, two of France's top winemakers have more on their minds than a trade row with their most promising export market. Read More »

​US to keep zero-duty access to EU high-quality beef market

AJOT | August 02, 2013 | International Trade

The European Union will continue to import high-quality U.S. beef from non-hormone-treated cattle at zero duty, extending an agreement for at least another two years, U.S. authorities said. Read More »

​Chinese thirst for dairy imports brings hope for EU farmers

AJOT | August 01, 2013 | International Trade

The sight of China's companies and even tourists buying up European baby milk products has given farmers a glimpse of what could be the export upside of an at times feared opening up of Europe's dairy market. Read More »

​Drugmakers fear short-term ‘turmoil’ as China probes widen

AJOT | August 01, 2013 | International Trade

Chinese authorities visited a regional office of French drugmaker Sanofi in the latest sign of a widening investigation into Western drug makers. Read More »

​India eases sourcing, investment rules for foreign supermarkets

AJOT | August 01, 2013 | International Trade

India eased investment rules for the retail sector on Thursday, allowing foreign supermarket operators to procure from small businesses which have invested no more than the equivalent of $2 million in plant and machinery, Trade Minister Anand Sharma told reporter Read More »

​India to probe claims multinationals break baby milk law

AJOT | August 01, 2013 | International Trade

The government said it would investigate allegations by charities that multinational corporations Nestle, Heinz and Abbott were breaking the law by promoting milk formula and infant cereals and undermining efforts to boost breastfeeding in the country. Read More »

​Pakistan rice shipment rejected by US customs over invasive pest

AJOT | August 01, 2013 | International Trade

A shipment of rice from Pakistan was refused entry into the United States after U.S. Customs and Border Protection (CBP) agriculture specialists discovered Khapra beetles, an invasive species, in the shipment, the agency said in a release. Read More »

​South Korea July data shows global demand hampering recovery

AJOT | August 01, 2013 | International Trade

South Korean exports grew far less than expected in July and a measure of manufacturing activity slumped to the worst in nearly a year, data showed on Thursday, suggesting global demand has yet to turn to underwrite a firm recovery in Asia's fourth-largest economy. Read More »

AB InBev reassures on Brazil and US with profit jump

AJOT | July 31, 2013 | International Trade

Anheuser-Busch InBev, the world's largest beer maker, sold less beer but made more money than expected in the second quarter as drinkers absorbed price hikes and traded up to premium lagers. Read More »

Thailand sees modest Q2 growth though exports slip

AJOT | July 31, 2013 | International Trade

Thailand's economy is expected to grow modestly in the second quarter even as exports fell for a second month in June dampened by tepid global demand, the central bank said. Read More »