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US postpones vote in oil-country steel pipe case to August 22

Reuters | August 14, 2014 | International Trade

The U.S. International Trade Commission has postponed until Aug. 22 a vote on whether to impose hefty duties on imports of steel pipe used in the oil and gas industry from South Korea, India and elsewhere, a commission spokeswoman said. (Reuters) Read More »

US dairy farmers reap rewards from surging Asian demand

Reuters | August 14, 2014 | International Trade

Grain growers and cattle producers typically capture most of the limelight when it comes to discussions about contributions made to the American agricultural economy. Read More »

Qualcomm denies direct financial links with Chinese antitrust expert

Reuters | August 14, 2014 | International Trade

Qualcomm Inc, under investigation for possible monopolistic practices in China, said it had no direct financial links with an antitrust expert sacked from a government advisory post after state media reported he had received payments from the firm. Read More »

Chinese group proposes to buy US chipmaker OmniVision

Reuters | August 14, 2014 | International Trade

U.S. digital imaging chipmaker OmniVision Technologies Inc said it received a buyout proposal from a group of investors led by China's Hua Capital Management Ltd. Read More »

GM to invest $2.8 billion in Brazil in five years

Reuters | August 14, 2014 | International Trade

General Motors Co will invest 6.5 billion reais ($2.8 billion) in Brazil over the next five years, Chief Executive Officer Mary Barra said. Read More »

Russia to allow pork imports from China

Reuters | August 14, 2014 | International Trade

Russia's veterinary and phytosanitary service (VPSS) has decided to allow pork imports from China, the Interfax news agency reported citing the service's head Sergei Dankvert. Read More »

After China smartphone success, Lenovo plans leap forward overseas

Reuters | August 14, 2014 | International Trade

China's Lenovo Group said first-quarter profit jumped 23 percent, beating estimates, as a surge in smartphone sales showed how quickly the world's biggest personal computer maker is transforming itself into a major player in mobile technology. Read More »

Thailand’s CPF sees an even better H2 as chicken exports jump

Reuters | August 14, 2014 | International Trade

Charoen Pokphand Foods Pcl , Thailand's largest meat and animal feed producer, said on Thursday it expected second-half operating profit to outdo a strong first half, as chicken exports jump in the wake of China food scare. Read More »

EU seeks to take sting out of Russia food ban

Reuters | August 14, 2014 | International Trade

The European Commission will announce more help for EU fruit and vegetable producers early next week to try to stave off a price collapse after Russia's ban on most Western food imports. Read More »

Slovak PM warns “meaningless” Russia sanctions will jeopardize EU economy

Reuters | August 14, 2014 | International Trade

Slovakia's prime minister criticized the European Union's sanctions against Russia over Ukraine, saying they would only threaten economic growth in the 28-member bloc. Read More »

Germany’s DIHK cuts 2014 export growth forecast, citing Ukraine

Reuters | August 14, 2014 | International Trade

Germany's Chambers of Commerce cut its 2014 estimate for exports from Europe's biggest economy due to the Ukraine crisis, but said even its lower forecast would not be achievable if the standoff between Russia and the West worsened. Read More »

Porto Sudeste say Brazil iron ore terminal will start this year

Reuters | August 14, 2014 | Ports & Terminals

Trading firm Trafigura and Abu Dhabi sovereign wealth fund Mubadala said their Brazilian port for exporting iron ore will start this year, in response to a steelmaker with a contract to use the port that said the opening could be pushed back to 2015. Read More »

Phillips 66 says evaluating condensate export process, seeking clarity

Reuters | August 14, 2014 | Ports & Terminals

Independent refiner Phillips 66 said it is evaluating the export of super-light crude oil known as condensate, after two industry peers received U.S. government approval to ship it overseas after minimal processing. Read More »

TUI AG still eyes IPO or sale of Hapag-Lloyd stake

Reuters | August 14, 2014 | Liner Shipping

TUI AG is still open to a sale or flotation of its stake in container shipping company Hapag-Lloyd , its management said. Read More »

Argosy Transportation Group moves huge LPG tanks

AJOT | August 14, 2014 | Breakbulk & Projects

Argosy Transportation Group moves huge LPG tanks

Argosy Transportation Group, a member of the Cargo Equipment Experts CEE network in the USA, transported LPG tanks from Veracruz, Mexico to Georgetown, Guyana Read More »

Louis Berger to oversee Yaoundé-Douala highway segment construction in Cameroon

AJOT | August 14, 2014 | Intermodal

Louis Berger, a $1 billion global professional services corporation, has recently signed a five-year project management contract financed by local funds for the construction of the first segment of the Yaoundé-Douala highway in Cameroon. Read More »

Probe faults pilots and controller for 2013 Alaska crash

Reuters | August 14, 2014 | Air Cargo

A cargo plane's crash into a mountainside in southwest Alaska last year was caused by failure to maintain a safe altitude, which was the fault of an air traffic controller and the two pilots who died in the accident, federal regulators said. Read More »

Hacis gets main board place at Hactl

AJOT | August 14, 2014 | Air Cargo

Hong Kong Air Cargo Industry Services Limited (Hacis) – the added-value logistics subsidiary of Hong Kong’s largest cargo handler, Hactl – has been given a higher standing within the Hactl Group following the appointment of its Managing Director to the Hactl Executive Board. Read More »

Denver event aims to close gap in Walmart’s ‘Made in USA’ push

Reuters | August 14, 2014 | International Trade

Wal-Mart Stores Inc, which has pledged to buy an additional $250 billion in U.S.-made goods over the next decade, is hitting a snag as it tries to meet that promise: Some vendors keen to participate in the initiative complain that after decades of offshoring it has become impossible to domestically source even commonplace components for their products. Read More »

UPS, Fedex get approval for express services in more Chinese cities

Reuters | August 14, 2014 | Air Cargo | Intermodal

The U.S. companies had been waiting for permission to independently courier packages from businesses to consumers (B2C) via their entire Chinese networks, since a 2009 postal law largely restricted foreign firms to delivering packages from abroad. Read More »

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