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Issue #589

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2014 Media Kit

International Trade

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JP Morgan to boost staff, revenue in Asia next year

AJOT | April 12, 2011 | International Trade

J.P. Morgan Chase & Co aims to hire up to 500 people in Asia next year and wants to generate 20 percent of its global wholesale banking revenue from the region, up from 15 percent now, Asia Pacific CEO Gaby Abdelnour said.

JPMorgan, which hired 100 pe Read More »

US likely to appeal WTO ruling on Boeing subsidies

AJOT | April 12, 2011 | International Trade

The Obama administration is almost certain to appeal a World Trade Organization ruling that Boeing received illegal subsidies as a long-running spat moves into its next stage, lawyers and analysts said.

"I would be truly surprised if the U.S. did not Read More »

ICBC opens Brazil branch to tap growing trade flows

AJOT | April 12, 2011 | International Trade

Industrial and Commercial Bank of China Ltd , the world's top lender by market value, will establish a presence in Brazil with initial start-up capital of $100 million as it looks to tap growing trade flows between the two countries.

ICBC do Brasil Ba Read More »

Japan supply uncertainty looms for Toyota

AJOT | April 12, 2011 | International Trade

Toyota Motor Corp warned that the uncertain supply of parts from Japan could threaten its output of vehicles through July, the latest sign of trouble for the global auto industry stemming from the massive Japanese earthquake a month ago.

Ford Motor Co Read More »

Cocoa groups hope for quick restart Ivorian trade

AJOT | April 12, 2011 | International Trade

Cocoa industry groups welcomed a call for peace by top grower Ivory Coast's internationally recognised president, Alassane Ouattara, and said they hoped for a swift resumption of trade.

"We also welcome the EU decision to lift the EU sanctions on the Read More »

Motorola and Huawei settle trade secret dispute

AJOT | April 12, 2011 | International Trade

Motorola Solutions Inc and China's Huawei Technologies Co. have settled a legal dispute over trade secrets, clearing the way for Motorola to complete the sale of one of its business units to Nokia Siemens Networks.

The settlement puts to rest charges Read More »

Ex-Ford engineer sentenced for trade secrets theft

AJOT | April 12, 2011 | International Trade

A Chinese engineer who stole Ford Motor Co trade secrets was sentenced to almost six years in prison, said the U.S. Attorney's office in Detroit.

Xiang Dong Yu, also known as Mike Yu, of Beijing, was sentenced to 70 months in federal prison and ordere Read More »

Premium Article  Task force assessing maritime transport outlook in northern Quebec

AJOT | April 10, 2011 | International Trade | Liner Shipping | Ports & Terminals

The recent significant expansion of mining and other projects in Quebec’s Cote-Nord region, has prompted the launching of a study on the feasibility of maritime transport of merchandise with the big existing and planned construction sites in the region. I Read More »

Premium Article  New England’s Economic Prospects Pick Up

George Lauriat | April 10, 2011 | International Trade

"In New England we have nine months of winter and three months of darned poor sledding."- an old New England saying.

On April 1st, it snowed in Boston. While the calendar says it's spring, one look out the window says it's winter. In New Englan Read More »

Premium Article  Connecticut emphasizes export opportunities

Karen Thuermer | April 10, 2011 | International Trade

Small and mid-size Connecticut businesses may find it easier to export their products now that the Connecticut Development Authority, the state’s quasi-public business financing arm, has entered into a partnership with with the Export-Import Bank of the U Read More »

Premium Article  CONECT: the key connection for Northeast shippers

AJOT | April 10, 2011 | International Trade

The Coalition of New England Companies for Trade, better known by the acronym CONECT, is the most important international trade association in the Northeast.

The Southborough, Mass.-based nonprofit is composed of importers, exporters, manufacturers, t Read More »

The world’s top exporters and importers

AJOT | April 10, 2011 | International Trade

Below is a table showing the world's top exporters and importers of goods and services in 2010 according to World Trade Organization (WTO) figures.

They show that in goods, or merchandise trade, Germany dropped to third place in the exports league tab Read More »

US fast-food chains bet on India to drive growth

AJOT | April 10, 2011 | International Trade

The scramble by global food companies into India's fast food sector intensified on Monday as several U.S. chains announced plans to enter the country, hoping to tap the surging spending power in Asia's third-largest economy.

Restaurants like Denny's C Read More »

Russia won’t use WTO rules until a member

AJOT | April 10, 2011 | International Trade

Prime Minister Vladimir Putin said that Russia would not abide by any World Trade Organisation rules until it became a member and was free to slap duties on cheap machinery imports from China.

Russia is growing increasingly frustrated with its 18-year Read More »

Disney’s Magic Kingdom comes to the Middle Kingdom

AJOT | April 10, 2011 | International Trade

Walt Disney Co broke ground on its long-awaited Shanghai Disneyland theme park on Friday, banking on its global brand and fairytale attractions to draw millions of visitors and boost its profits in the region.

Mickey and Minnie Mouse, dressed in tradi Read More »

Poor nations seek exemption from food export bans

AJOT | April 10, 2011 | International Trade

Poorer countries vulnerable to soaring food prices demanded formal exemption under world trade rules from the export restrictions that have proliferated in recent years.

In a proposal linked to the long-running Doha round of World Trade Organization ( Read More »

Obama: labor deal paves way for US-Colombia trade pact

AJOT | April 10, 2011 | International Trade

President Barack Obama said that a deal over labor rights had cleared the way to advance a long-delayed trade pact with Colombia, but he was silent on when he would send it to Congress for approval.

"I am very pleased to announce that we have develope Read More »

World trade to carry crisis scars into 2012

AJOT | April 10, 2011 | International Trade

World trade will carry the scars of the financial crisis into 2012, the World Trade Organization said with a prediction of 6.5 percent growth for this year, less than half of last year's sharp rebound.

The forecast, for growth in trade of goods as mea Read More »

India’s Sun Pharma, US Merck in generics joint venture

AJOT | April 10, 2011 | International Trade

U.S. drugmaker Merck & Co has formed a joint venture with India's Sun Pharmaceutical Industries Ltd to develop and manufacture branded generic drugs for emerging markets, the two companies said.

The companies did not disclose financial details of the Read More »

Premium Article  The “Hub” and the Northeast market

George Lauriat | April 07, 2011 | International Trade

Boston has long been called the “Hub”. A nickname that in 1858 Oliver Wendell Holmes contrived when he referred to the Massachusetts State House Building, with its golden dome, as the “Hub of the Solar System”. Just in case anyone (re: out-of-stater) h Read More »

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