International Trade

Brazil’s JBS sees favorable US, China meat outlook

Reuters | November 15, 2013 | International Trade

Brazil's JBS, the world's largest integrated meats producer, believes the outlook for the U.S. poultry market, where it operates Pilgrim's Pride, is looking up, company executives said. Read More »

Morrison & Foerster Represents Global Logistic Properties in Formation of $3 Billion China Logistics

George Lauriat | November 15, 2013 | International Trade

Morrison & Foerster has represented an affiliate of Global Logistic Properties Limited, Asia’s largest provider of modern logistics facilities, in the formation of the world’s largest China-focused logistics infrastructure fund. Read More »

Walmart Commits $1 Million in Response to Typhoon Haiyan

George Lauriat | November 15, 2013 | International Trade

Funds will support emergency relief efforts throughout the Philippines. Read More »

Bangladesh factories agree to pay rise, but protests go on

Reuters | November 14, 2013 | International Trade

Bangladeshi garment factory owners said they had agreed to a proposed 77 percent rise in the minimum wage, but police used teargas and rubber bullets to break up new protests by stone-throwing workers calling for a bigger increase. Read More »

US trade gap widens on imports

Reuters | November 14, 2013 | International Trade

The U.S. trade deficit widened in September as imports rose to their highest level in almost a year and exports fell for a third consecutive month, suggesting the third-quarter growth estimate will probably be lowered. Read More »

US says China must do more to safeguard trade secrets

Reuters | November 14, 2013 | International Trade

China faces steep intellectual property rights challenges which undercut Beijing's efforts to boost innovation, the U.S. ambassador said, comments that drew a rebuke from China's Foreign Ministry. Read More »

Problems mount for White House in push for Trans-Pacific trade pact

Reuters | November 14, 2013 | International Trade

A White House push for a freer hand to clinch trade deals ran into a roadblock as two-thirds of Democrats in the House of Representatives stated their opposition, complicating efforts to finalize a pact with 11 Pacific Rim countries. Read More »

Cisco warns US spying fallout hitting revenue in China

Reuters | November 14, 2013 | International Trade

Cisco Systems Inc warned its revenue would dive as much as 10 percent this quarter, and keep contracting until after the middle of 2014, as a backlash against U.S. government spying contributed to plummeting demand in emerging markets like China. Read More »

Higher exports help cut Canada’s September trade deficit

Reuters | November 14, 2013 | International Trade

Canada's trade deficit in September dropped by more than half to C$435 million ($414 million) from August as exports grew at a much faster rate than imports, Statistics Canada said. Read More »

Consumer, green groups voice fears over EU-US trade deal

AJOT | November 14, 2013 | International Trade

Consumers risk losing out in a planned free-trade deal between Europe and the United States if big business succeeds in loosening standards, European consumer and environmental groups warned. Read More »

Russia allows beef imports from 3 Brazilian plants

Reuters | November 14, 2013 | International Trade

Russia's veterinary agency said it had lifted limits on beef imports from three Brazilian plants, but the restrictions remained on some other suppliers in Brazil. Read More »

Boeing machinists reject labor deal on 777X by 67 percent

Reuters | November 14, 2013 | Air Cargo | International Trade

Boeing Co machinists soundly rejected an eight-year labor contract extension on Wednesday that would have let them build the company's newest jetliner in Washington, a historic decision that could forever alter the course of Boeing's 97-year presence in the state. Read More »

Mexico becoming Nissan’s export hub for Americas

Reuters | November 13, 2013 | International Trade

Nissan Motor Co Ltd. will build 1 million cars in Mexico by 2016, cementing the country's position as the export hub for the Japanese automaker in the Americas, Chief Executive Carlos Ghosn told Reuters as he inaugurated a $2 billion plant. Read More »

India warns US over food stockpiling as WTO deal goes down to wire

Reuters | November 13, 2013 | International Trade

India has told the United States it must give ground in negotiations over food stockpiling to secure a global trade deal next month, a step widely seen as vital for the credibility of the World Trade Organization. Read More »

Yum China sales down 5% in October

Reuters | November 13, 2013 | International Trade

KFC and Pizza Hut parent Yum Brands Inc said October sales at established restaurants in China fell 5 percent, as it fights to recover from a chicken safety scare and bird flu outbreak in its top market. Read More »

GM to move international headquarters to Singapore from China

Reuters | November 13, 2013 | International Trade

General Motors Co said it will move its international operations headquarters to Singapore from Shanghai in the second quarter of 2014. Read More »

Google’s Motorola seeks comeback with low-cost smartphone

Reuters | November 13, 2013 | International Trade

Motorola is betting that low-cost smartphones can provide the spark to rekindle its struggling business, even as the company's ownership by Google Inc will force it to sit out of China, the world's largest smartphone market. Read More »

Ford unveils global small car, key to opening emerging markets

Reuters | November 13, 2013 | International Trade

Ford Motor Co will launch a small car aimed at emerging markets next year, the toughest test yet of Chief Executive Alan Mulally's strategy of building "global" models that can be sold in countries around the world. Read More »

EU exec opens in depth probe into German C/A surplus

Reuters | November 13, 2013 | International Trade

The European Commission decided to prepare an in depth analysis of Germany's persistently high current account surplus to find out if it is a sign of a serious imbalance in Europe's biggest economy. Read More »

Carlsberg still confident of Russia growth

Reuters | November 13, 2013 | International Trade

Danish brewer Carlsberg A/S is confident of a return to growth in key market Russia after regulations to curb alcohol abuse dented third-quarter results, although western European markets may not pick up for a year or two. Read More »