International Trade

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 »

Indonesia plans $35 bln in infrastructure projects, some to begin in 2014

Reuters | November 13, 2013 | International Trade | Ports & Terminals

Indonesia announced plans on Wednesday for $35 billion in new infrastructure projects from next year in a bid to tackle one of the biggest deterrents to investment in Southeast Asia's biggest economy. Read More »

Japan to import 10,390 tonnes feed barley via tender

Reuters | November 13, 2013 | International Trade

Japan's Ministry of Agriculture said it would import 10,390 tonnes of feed-quality barley via a simultaneous buy-and-sell (SBS) auction that closed late on Wednesday. Read More »

Boeing hopeful of 777X deal, may build wings in Japan if rejected

Reuters | November 12, 2013 | International Trade

Boeing Co is hopeful its key machinist union will vote for a labour contract to secure production of the 777X in Washington State, but will look at alternatives, including building the wings in Japan if the deal is rejected, an executive said. Read More »

Retail imports grew in October despite Government shutdown,
 but cargo was ordered before impasse

AJOT | November 12, 2013 | International Trade

Import volume at the nation’s major retail container ports grew 6.5 percent in October over the same month last year despite the government shutdown, and year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Read More »

Senior trade and security officials launch, CT Strategies, with Command Consulting Group

PR Newswire | November 12, 2013 | International Trade

New Subsidiary Company Gives CCG an Integrated Trade and Global Supply Chain Service Area while Strengthening its National Security Practice Read More »

Indonesia raises 2013 LNG export target by 4 pct

Reuters | November 12, 2013 | International Trade

Indonesia's overseas LNG sales are expected to be 4 percent more than previously expected at 285 cargoes this year, boosted by higher output and a drop in volumes set aside for domestic use, the state oil and gas regulator SKKMigas said. Read More »

EU to decide if German trade surplus needs review

Reuters | November 11, 2013 | International Trade

The European Commission will decide whether to scrutinize Germany's trade surplus for economic imbalances, the Commissioner in charge wrote, adding that boosting domestic demand would help Europe's largest economy. Read More »

India’s October trade deficit jumps, but trends seen positive

Reuters | November 11, 2013 | International Trade

India's trade deficit jumped in October, rebounding from a 2-1/2 year low the previous month, as purchases of gold picked up ahead of the festival season, provisional government data showed. Read More »

US panel hears trade complaints, hope for China reform meeting

Reuters | November 11, 2013 | International Trade

U.S. trade officials and industry groups aired concerns about Chinese trade protectionism while voicing hope that an economic agenda-setting meeting of China's top leaders this weekend would launch deeper reforms. Read More »

PepsiCo says to invest $5.5 billion in India by 2020

Reuters | November 11, 2013 | International Trade

PepsiCo Inc, the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, plans to invest $5.5 billion in India by 2020 to expand its presence in the country, it said. Read More »

Air India Dreamliners to get software upgrade starting December

Reuters | November 11, 2013 | Air Cargo | International Trade

Air India Ltd plans to upgrade the software in all its 10 Boeing 787 Dreamliner jets from December, saying that the process will not lead to the planes being grounded for long. Read More »

Asian Logistics & Maritime Conference Attracts Global Audience

AJOT | November 11, 2013 | International Trade

Some 1,500 Logistics Providers, Users Take Part in Third Edition Read More »

German trade surplus hits record high in September

Reuters | November 08, 2013 | International Trade

Germany's trade surplus rose to a record high in September as exports climbed across the board, data showed, at a time when Europe's largest economy has come under fire for relying too heavily on foreign trade. Read More »

China exports another sign of pick-up as leaders meet

Reuters | November 08, 2013 | International Trade

A stronger-than-expected rebound in China's exports in October added to a run of indicators suggesting the world's second-largest economy has found its footing just as Beijing prepares to lay out its reform agenda for the next decade. Read More »