International Trade

US-Russia sanctions rhetoric shakes companies, investors

Reuters | March 20, 2014 | International Trade

The potential for broader U.S. sanctions on Russia and Moscow's threat of responding in kind are raising concerns among U.S. corporations and investors about the economic fallout from the crisis over Russia's annexation of Crimea. Read More »

Banks must brace for Russia sanctions row, warn US industry officials

Reuters | March 20, 2014 | International Trade

U.S. blacklistings over Russia's annexation of Crimea may spark a sanctions exchange that would leave banks scrambling to assess their exposure to targeted parties and to uncover murky financial linkages, according to industry officials. Read More »

Air China to take delivery of 26 jets

Reuters | March 20, 2014 | International Trade

Air China Ltd , the country's flag carrier, has got regulatory approval to take delivery of 26 jets, China's top economic regulator said. Read More »

Starbucks faces higher milk, coffee costs

Reuters | March 20, 2014 | International Trade

Starbucks Corp is wrestling with higher costs for milk and coffee, the two ingredients in its popular lattes, but that does not mean its customers are going to pay more. Read More »

New generation of small engines to power 27 GM models by 2017

Reuters | March 20, 2014 | International Trade

General Motors Co announced a new generation of efficient small engines that it says will power 27 models in 64 countries by the 2017 model year. Read More »

Taiwan export orders rise less than expected in February

Reuters | March 20, 2014 | International Trade

Orders for Taiwan's exports rose less than expected in February, hurt by soft demand for the island's tech products and indicating a weak start to the year for a pillar of the economy. Read More »

Japan February exports rise 9.8% year-on-year

Reuters | March 20, 2014 | International Trade

Japan's exports rose 9.8 percent in February from a year earlier as shipments recovered from a Lunar New Year slowdown, Ministry of Finance data showed. Read More »

Ukraine won’t fire first in any trade war with Russia

Reuters | March 20, 2014 | International Trade

Ukraine will not initiate a trade war with Russia and hopes to use the World Trade Organization to resolve any such disputes initiated by Russia, Ukraine's ambassador in Geneva told a news conference. Read More »

Ukraine moves closer to unfettered trade access to European Union

Reuters | March 20, 2014 | International Trade

Influential European lawmakers backed a package of nearly 500 million euros ($695 million) in annual trade benefits for Ukraine, opening the way for duty-free Ukrainian exports into the European Union from late April. Read More »

Chemicals, pharmaceuticals lift Swiss exports in February

Reuters | March 20, 2014 | International Trade

Swiss exports jumped in February, powered by robust demand for chemicals and pharmaceuticals, the country's largest export sector, and the strongest growth in exports to China in three years, trade data showed. Read More »

Russia steps up customs checks on goods from Ukraine

Reuters | March 20, 2014 | International Trade

Russian border guards have stepped up checks on goods entering from Ukraine, officials from the customs services and an agricultural inspection service said, underlining tensions between the two countries. Read More »

China buys first U.S. corn in two months despite unresolved GMO spat

Reuters | March 20, 2014 | International Trade

China bought its first U.S. corn in more than two months last week, the U.S. Agriculture Department said Thursday, despite an unresolved dispute over a biotech variety that has not been approved for import by the country. Read More »

Cameroon cocoa grind purchases up slightly by end-Feb

Reuters | March 20, 2014 | International Trade

Cameroon’s farmers sold 30,299 tonnes of cocoa beans for local grinding by the end of February, up slightly from the same period last season, National Cocoa and Coffee Board (NCCB) data showed. Read More »

World Bank rates Germany as most efficient for imports, exports

Reuters | March 20, 2014 | International Trade

Germany is the world’s most efficient exporter and importer, the World Bank said on Thursday. Read More »

Dubai says may establish sharia-compliant EXIM bank

Reuters | March 19, 2014 | International Trade

Dubai's government will consider establishing the world's first fully sharia-compliant export-import bank to promote the emirate's foreign trade, the Department of Economic Development said. Read More »

French Foreign Minister to visit Cuba in sign of warming EU ties

Reuters | March 19, 2014 | International Trade

France's foreign minister said he would soon travel to Cuba, the first such visit in 30 years and a sign of the quickening pace of improving ties between the European Union and Havana. Read More »

BMW eyes US production hike in push for sales record

Reuters | March 19, 2014 | International Trade

German luxury carmaker BMW is looking at raising production capacity at its plant in the United States and releasing 12 new models as it chases record sales and a rise in pretax profit of up to 10 percent this year. Read More »

GM to make 2.5 million of its new small ‘Ecotec’ engines by 2017

Reuters | March 19, 2014 | International Trade

General Motors Co announced a new generation of efficient small engines that it says will power 27 models by the 2017 model year. Read More »

Tepid exports cloud Japan outlook, more BOJ stimulus seen after sales tax rise

Reuters | March 19, 2014 | International Trade

Japan's annual export growth in February was short of market expectations and a Bank of Japan policymaker warned about the outlook as the world's third-largest economy faces a sales tax hike next month that could dent economic activity. Read More »

China rounds up beef supplies to satisfy middle-class hunger

Reuters | March 19, 2014 | International Trade

Sidestepping Beijing's import curbs, industry sources estimate hundreds of thousands of tons of beef from countries such as Brazil and India is being smuggled into China via neighboring Hong Kong and Vietnam. Read More »