International Trade

Ukraine will ‘soon sign’ EU deal, says deputy PM

Reuters | December 12, 2013 | International Trade

Ukraine's first deputy prime minister Serhiy Arbuzov said Kiev would "soon sign" a trade and association agreement with the European Union, but declined to provide any date or deadline. Read More »

Zara owner Inditex says global growth plans on track

Reuters | December 12, 2013 | International Trade

Zara owner Inditex, the world's largest clothing retailer, showed signs of leaving behind months of tepid sales growth as a budding European recovery boosted pre-Christmas trading and it said global expansion plans remained on track. Read More »

Boeing sees export credits waning as aircraft funding source

Reuters | December 12, 2013 | Air Cargo | International Trade

More commercial jet buyers will tap rapidly-expanding capital markets to finance $112 billion of jet sales in 2014 as state-backed export credits become pricier and more politically sensitive, Boeing Co said. Read More »

Iran buys cargoes of Indian raw sugar in rare deals

Reuters | December 12, 2013 | International Trade

IRAN-SUGAR/ :Iran buys cargoes of Indian raw sugar in rare deals Read More »

Cargill buys stake in Black Sea grain terminal in Russia

Reuters | December 12, 2013 | International Trade

U.S. agribusiness giant Cargill said it bought a stake in a grain terminal in Russia'sport of Novorossiisk to bolster its access to export facilitiesin the Black Sea. Read More »

Ivorian cocoa output to drop in January despite strong early season

Reuters | December 11, 2013 | International Trade

COCOA-IVORYCOAST/ OUTPUT:Ivorian cocoa output to drop in January despite strong early season Read More »

After WTO, expectations grow for Trans-Pacific trade deal

Reuters | December 10, 2013 | International Trade

Expectations are growing that an ambitious trade pact between a dozen nations around the Pacific Rim may be wrapped up in 2-3 months, with signs that political desire for a deal is trumping a string of technical difficulties in drawing it up. Read More »

WTO overcomes last minute hitch to reach its first global trade deal

Reuters | December 10, 2013 | International Trade

The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy Read More »

Ukraine’s Yanukovich sees no alternative to close trade ties with Moscow

Reuters | December 10, 2013 | International Trade

Ukrainian President Viktor Yanukovich, speaking on television after more than two weeks of street unrest over his U-turn away from the European Union towards Russia, said there was no alternative to restoring trade relations with Moscow. Read More »

Ukraine protesters hold firm, defying riot police

Reuters | December 10, 2013 | International Trade

Thousands of Ukrainian protesters huddled by braziers in their tented camp in the snowbound capital Kiev, in defiance of riot police who took up positions throughout the capital as a deadline to clear the streets expired. Read More »

Stiglitz sees Latin American growth thanks to Chinese demand for food

Reuters | December 10, 2013 | International Trade

The commodities-exporting economies of Latin America will continue expanding in the years ahead, driven by demand from China despite slower growth in its economy, Nobel Prize-winning economist Joseph Stiglitz said. Read More »

Taiwan’s weak November exports drag on economic outlook

Reuters | December 10, 2013 | International Trade

Taiwan's exports posted no growth in November, constrained by weak demand in key markets ahead of the Christmas season that will likely drag on growth in the final quarter of the year. Read More »

No Pacific trade pact this year, ministers to try again next month

Reuters | December 10, 2013 | International Trade

An ambitious trade pact between a dozen countries around the Pacific Rim will not be finalized this year as hoped, with no agreement on thorny issues like intellectual property, agricultural tariffs and state-owned enterprises. Read More »

Land O’Lakes becomes second US firm to join global dairy platform

Reuters | December 10, 2013 | International Trade

Food co-operative Land O'Lakes Inc will become the second U.S. firm to join the world's dairy trading platform, adding a potentially big exporter of skim milk powder to the internationally traded dairy market. Read More »

General Motors sees China-like take-off in Indonesian car market

Reuters | December 10, 2013 | International Trade

Despite being in Indonesia for about 30 years longer than Japan's Toyota Motor Corp and its affiliates including Daihatsu Motor Co Ltd, the U.S. company is only a small player in Southeast Asia's biggest economy. Read More »

Wal-Mart taps insider to head international division

Reuters | December 10, 2013 | International Trade

Wal-Mart Stores Inc aid the head of its Canadian division would take over the retailer's international unit next year, succeeding Doug McMillon, who was named CEO of the company last month. Read More »

Pernod Ricard optimistic on US holiday season

Reuters | December 10, 2013 | International Trade

French spirits group Pernod Ricard expects a "positive" holiday season in the United States, its largest market, amid improving consumer sentiment and declining unemployment, its regional head said. Read More »

Nike and Adidas square off for Brazil World Cup in ongoing brand battle

Reuters | December 10, 2013 | International Trade

When soccer teams battle for the World Cup in Brazil next year, another fight for global supremacy will be played out on the pitches - between Adidas and Nike. Read More »

Japan snaps up more Canadian wheat, turns from U.S.

Reuters | December 10, 2013 | International Trade

Japan snapped up Canadian wheat for making bread and noodles in a surprise tender that closed on Tuesday, ramping up purchases from the North American nation as its prices fall on bumper harvests. Read More »

Canada to lay claim to North Pole amid Arctic resources rush

Reuters | December 09, 2013 | International Trade

Canada intends to lay claim to the North Pole as part of a bid to assert control over a large part of the resource-rich Arctic, Foreign Minister John Baird said on Monday. Read More »