International Trade

GM posts strong profit on US demand, improvement in Europe

Reuters | October 30, 2013 | International Trade

General Motors Co posted a better-than-expected third-quarter profit as the U.S. automaker's new lineup of pickup trucks and other revamped models boosted North American results, and revenue rose in Europe for the first time in two years. Read More »

India’s Lupin sees India, US sales picking up on launches

Reuters | October 30, 2013 | International Trade

India's Lupin Ltd expects a pickup in sales in India and growing demand for its branded drugs in the United States to boost growth in the current fiscal year, its chief executive said. Read More »

Honda Q2 net up 46% on US sales rise, slightly below forecast

Reuters | October 30, 2013 | International Trade

Honda Motor Co's second-quarter net profit rose 46 percent, slightly less than expected, after strong car sales in its biggest market, the United States, and motorbike sales in India and Thailand. Read More »

Cummins cuts outlook on mining, India weakness

Reuters | October 30, 2013 | International Trade

Cummins Inc, the U.S. maker of engines and other vehicle components, reported lower-than-expected quarterly profit and cut its full-year outlook, citing weak sales to most of the industries its serves, including mining. Read More »

India’s Ranbaxy posts loss in September quarter

Reuters | October 30, 2013 | International Trade

Indian drugmaker Ranbaxy Laboratories posted a loss for the second straight quarter, hurt by foreign exchange charges and a one-time write-off related to one of its plants under an import ban by the U.S. health regulator. Read More »

Infosys in process of resolving US visa investigation

Reuters | October 30, 2013 | International Trade

Indian IT firm Infosys Ltd said it was in the process of reaching a settlement with the U.S. government over the company's alleged misuse of temporary business visas. Read More »

Paccar profit jumps 32% as North America truck sales rise

Reuters | October 30, 2013 | International Trade

Paccar Inc reported a 32 percent rise in quarterly profit as the company sold more trucks in North America. Read More »

Asian Logistics and Maritime Conference Set for November 7, 2013

AJOT | October 30, 2013 | International Trade

Spotlight on Rise of ASEAN, Mainland China and e-Tailing with more than 1,300 logistics and maritime services providers and users from some 29 countries and regions! Read More »

“Potash: Feeding the World” Exhibit Opens: Potash Producers Educate Public on Global Food Security

PR Newswire | October 29, 2013 | International Trade

To mark 50 years of the Canadian potash industry and its significant contributions to fueling the Canadian economy, a notable exhibit opened today at the Canada Science and Technology Museum in Ottawa. \ Read More »

Derivatives dispute harming EU-US free-trade talks

Reuters | October 29, 2013 | International Trade

Ambitious plans for an EU-U.S. free-trade agreement may be put in jeopardy by Washington's failure to finalizse a deal coordinating rules in the $630 trillion (391.47 trillion pounds) derivatives market, the EU's financial markets chief has warned. Read More »

Canadian feeder cattle exports seen surging after Tyson move

Reuters | October 29, 2013 | International Trade

A decision by Tyson Foods Inc to stop buying slaughter-ready Canadian cattle looks to accelerate the movement of lighter Canadian cattle to U.S. feedlots, industry sources say, damaging the already fragile Canadian beef sector. Read More »

Apple still rules in Japan as carriers battle to sell iPhones

Reuters | October 29, 2013 | International Trade

Apple Inc's disappointing third quarter was nowhere in evidence in Japan, where sales increased more than 40 percent as the highly anticipated launch of the new iPhone by Japan's biggest mobile firm boosted sales - at rival carriers. Read More »

China and Europe make up after averting trade war

Reuters | October 29, 2013 | International Trade

China and the European Union sought to mend ties after narrowly avoiding a trade war this year, but the EU's trade chief told Beijing to stop handing out state subsidies that Brussels says are illegal. Read More »

Asia’s export engine stuck in neutral despite US uptick

Reuters | October 29, 2013 | International Trade

Asia's once-reliable export engine remains stalled two years into a global economic recovery, raising concerns about the region's competitiveness and its ability to motor through the next tough time for emerging markets. Read More »

East African countries launch single customs territory

Reuters | October 29, 2013 | International Trade | Ports & Terminals

Kenya, Uganda, South Sudan and Rwanda have launched a single customs territory to boost business among the partner states, agreeing to eliminate the remaining non-tariff barriers. Read More »

Amazon workers strike again in Germany

Reuters | October 29, 2013 | Intermodal | International Trade

Workers at two Amazon.com Inc distribution centres in Germany went on strike again over pay and conditions, the latest blow to the world's biggest Internet retailer in its second-biggest market. Read More »

Arch Coal, Inc. Reports Third Quarter 2013 Results

PR Newswire | October 29, 2013 | International Trade

ST. LOUIS, Oct. 29, 2013 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today reported a net loss of $128.4 million, or $0.61 per diluted share, in the third quarter of 2013. Excluding non-cash accretion of acquired coal supply agreements and asset impairment costs, Arch's third quarter 2013 adjusted net loss was $1.8 million, or $0.01 per diluted share. In the third quarter of 2012, the company reported adjusted net income of $41.8 million, or $0.20 per diluted share.

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Global Ceramic Tiles Market is Expected to Reach USD 102.79 Billion in 2018

PR Newswire | October 29, 2013 | International Trade

According to a new market report published by Transparency Market Research ”Ceramic Tiles (Floor, Wall and Others) Market for Residential Replacement, Commercial, New Residential and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018,” the global market for ceramic tiles was valued at USD 55.79 billion in 2011 and is expected to reach USD 102.79 billion by 2018 Read More »

Infographic: WTI and the North American Crude Oil Boom

PR Newswire | October 28, 2013 | International Trade

The current energy renaissance in North America is marked by significant improvements in the production and distribution of crude oil. Major investments in U.S. infrastructure and the increased production of domestic crude oil are pushing the U.S. closer to energy self-sufficiency--imports of foreign oil have decreased, while exports of refined products have increased. Read More »

New study indicates strong potential for Ontario’s apple cider industry

PR Newswire | October 28, 2013 | International Trade

A new study indicates that this is "a good time" to be in the cider industry. Cider consumption is growing globally and domestically and the consumption of hard apple cider in Ontario is on the rise as well. Read More »