Russian retailer Wildberries to launch own brand home goods
MOSCOW (Reuters) – Russian online retailer Wildberries said on Tuesday it was launching its own brand of home appliances, the latest company to offer domestic …
Goods
As US importers liquidate and destroy unsold goods, ports eye shipping turnaround
By Lisa Baertlein LOS ANGELES (Reuters) – The leader of the busiest U.S. seaport on Friday said February’s cargo volume hit the lowest level since …
Euro zone producer prices fall due to energy, as other goods rise
BRUSSELS (Reuters) – Euro zone producer prices fell by more than expected in January, although entirely due to falling energy prices as the charges for …
WTO sees short-lived slowdown of global goods trade growth
GENEVA (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this …
Malaysia will not reintroduce goods and services tax – PM
KUALA LUMPUR (Reuters) – Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar …
Falling online prices point to U.S. goods deflation continuing
By Howard Schneider WASHINGTON (Reuters) – Prices for online goods in the United States fell 1% in January compared to the year before, the fifth …
Police seek suspects who took bags of cash, goods from Philadelphia market
PHILADEPHIA, PA – Two burglars who broke into a market on Woodland Avenue in January fled with trash bags full of cash and goods, police …
U.S. Attorney Announces $1.3 Million Settlement Of Civil Fraud Lawsuit Against Apparel Importer For Underreporting Value Of Goods To Avoid Paying Customs Duties
Damian Williams, the United States Attorney for the Southern District of New York, Ivan J. Arvelo, the Special Agent-in-Charge of the New York Field Office …
One Night, Two Shipments, $686K in Counterfeit Goods Intercepted by CBP Officers in Chicago
CHICAGO— On Sunday, January 29, U.S. Customs and Border Protection (CBP) officers at the International Mail Facility near O’Hare intercepted two separate shipments originating from …
U.S. core capital goods orders fall in December
WASHINGTON (Reuters) – New orders for U.S.-made capital goods fell in December, while shipments declined for a second straight month, suggesting that higher borrowing costs …
Brooklyn Man Indicted for Interstate Transportation of Stolen Goods
NEWARK, N.J. – A federal grand jury indicted a Brooklyn, New York, man for transporting stolen jewelry across state lines, U.S. Attorney Philip R. Sellinger …
Indianapolis CBP Sees 55 Percent Increase in Counterfeit Goods in FY 2022
INDIANAPOLIS—U.S. Customs and Border Protection (CBP) officers in Indianapolis saw a record number of fraudulent counterfeits during Fiscal Year 2022. CBP officers in Indianapolis seized …
U.S. imports of containerized goods retreat to pre-pandemic level
LOS ANGELES (Reuters) – U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, …
China to adjust trade tariffs on some goods from Jan 1
BEIJING (Reuters) – China will adjust import and export tariffs on some goods from January 1, in order to speed and promote development and expand …
U.S. core capital goods orders rise modestly in November
WASHINGTON (Reuters) – New orders for U.S.-made capital goods rose moderately in November while shipments fell, pointing to a slowdown in business spending on equipment …
United States Resolves Civil Claims Against Woonsocket Defense Contractor for Foreign Goods
PROVIDENCE – The United States Attorney’s Office has resolved a civil False Claims Act investigation into Hyman Brickle & Son, Inc., a Woonsocket-based Rhode Island …
U.S. solar installations to fall 23% this year due to China goods ban: report
By Nichola Groom (Reuters) – New U.S. solar installations are on track to fall by nearly a quarter this year, with panel imports stalled by …
Goods pile up in North Korea after trains resume from Russia, think-tank says
By Josh Smith SEOUL (Reuters) – Satellite images show goods from Russia appear to be piling up in a North Korean railyard, about a month …
U.S. Online goods prices fall in positive sign for Fed – Adobe
By Howard Schneider WASHINGTON(Reuters) – Prices for online goods in the United States fell at a nearly 2 percent annual pace in November, the fastest …
Rochester Pawn Shop Owner Going To Prison For Selling Millions Of Dollars Worth Of Stolen Goods
CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 ROCHESTER, N.Y. – U.S. Attorney Trini E. Ross announced today that Thomas Nary, 40, of Rochester, NY, who was convicted …
New York Man Sentenced to Three Years in Prison for Conspiring to Traffic in Stolen Goods Worth More Than $1 Million
NEWARK, N.J. – A Staten Island, New York, man who conspired with others to traffic in stolen goods and merchandise was sentenced today to 36 …
U.S. goods trade deficit widens sharply in October
WASHINGTON (Reuters) – The U.S. trade deficit in goods widened sharply in October as exports declined amid slowing global demand and a strong dollar. The …
U.S. core capital goods orders, shipments rebound strongly in October
WASHINGTON (Reuters) – New orders for U.S.-made capital goods unexpectedly rebounded in October while shipments increased solidly, suggesting business spending on equipment started the fourth …
Police seeking man who stole two air rifles from Lansing Dick’s Sporting Goods
Lansing, NY – Police are searching for a man who left the Ithaca Dick’s Sporting Goods store without paying for two air rifles. The masked-up …
Analysis-Unilever leads pack on price rises as consumer goods industry squeezed
By Richa Naidu LONDON (Reuters) – Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a …
Argentina to freeze prices of 1,500 consumer goods as inflation bites
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government announced a deal on Friday with supermarkets and suppliers of mass consumer goods to freeze or …
Delaware Man Charged with Interstate Transportation of Stolen Goods
TRENTON, N.J. – A Delaware man was arrested for transporting stolen goods obtained through a string of jewelry store thefts in New Jersey, U.S. Attorney …
U.S. core capital goods orders unexpectedly fall in September
WASHINGTON (Reuters) – New orders for U.S.-made capital goods unexpectedly fell in September, the Commerce Department said on Thursday, suggesting a loss of momentum in …
Three Members Of Caribbean Arms Trafficking Ring Charged With Conspiracy To Smuggle Goods From The United States
Tampa, Florida – United States Attorney Roger B. Handberg announces the unsealing of an indictment charging Tevin OBrian Oliver (29, Homestead), Jameal Kaia Phillip (30, …
Japan bans chemical weapons-related goods to Russia, concerned by nuke threats
TOKYO (Reuters) – Japan has decided to ban exports of chemical weapons-related goods to Russia in an additional sanction against Moscow over its invasion of …
Spain’s retailers shun government proposal to freeze basic goods prices
MADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple …
Erdogan to urge Russia to sends goods through Black Sea corridor – media
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan will urge Moscow to send goods though a U.N.-backed Black Sea corridor when he meets Russian President Vladimir …
Wheels Fall Off of Cheese Smuggling Scheme as CBP Officers Seize Undeclared Goods
EL PASO, Texas – U.S. Customs and Border Protection officers working at the Paso Del Norte border crossing in downtown El Paso seized more than 100 …
WTO goods trade indicator stable as growth stagnates
GENEVA (Reuters) – The World Trade Organization said on Tuesday that its global goods barometer was stable, pointing to stagnant global trade growth following a …
Pakistan lifts luxury goods import ban, to impose heavy duties
ISLAMABAD (Reuters) -Pakistan on Thursday lifted an import ban on luxury goods, but such items will be heavily taxed, Finance Minister Miftah Ismail said. Pakistan …
U.S. goods trade deficit narrows sharply in June; inventories increase
WASHINGTON – The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy …
Russia-made goods replacing imports on the country’s shelves – Nielsen
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russia-made products accounted for 83% of …
Chinese splash out on tech goods, camping gear in shopping fest
By Sophie Yu and Brenda Goh BEIJING – High-end home appliances and camping gear were among Chinese shoppers’ most sought after buys during the “618” …
U.S. official sees moderation in goods and services inflation in months ahead
WASHINGTON – Friday’s consumer price data is likely to reflect the continued impact that Russia’s invasion of Ukraine is having on food and energy prices, …
Cutting tariffs on Chinese goods benefit China, U.S. and world: Chinese ministry
BEIJING – Removing all additional tariffs on Chinese goods would benefit China, the United States and the world, China’s commerce ministry said on Thursday, after …
Ferndale, Washington, woman indicted for trafficking in counterfeit goods
Seattle – A 42-year-old Ferndale, Washington woman was indicted this week by a federal grand jury for multiple counts of trafficking in counterfeit goods, announced …
District of Columbia Fire/EMS Employee Pleads Guilty to Bribery in Scheme Involving Undelivered Goods
WASHINGTON—Louis “Joey” Mitchell, a former employee of the District of Columbia Fire and Emergency Medical Services Department (FEMS), pleaded …
Ukraine, Poland agree on joint customs control to ease movement of people, goods
By Maria Starkova (Reuters) – Ukraine and Poland agreed on Sunday to establish a joint border customs control and work on a shared railway company …
Pakistan bans imports of all non-essential luxury goods – minister
KARACHI, Pakistan – Pakistan has banned the import of all non-essential luxury goods in a bid to stabilize the economy, the information minister said on …
Suspect Stole Shipping Container with $260,000 in Goods in Newark
NEWARK, NJ – Police are searching for Fernando Cunningham, 52, of Union, as the suspect who stole a trailer that had a shipping container filled …
Russia publishes list of ‘parallel imports’ goods
(Reuters) – Russia published a detailed list of goods from foreign carmakers, technology companies and consumer brands on Friday that the government has included in …
China says U.S. cutting tariffs on Chinese goods would be in interest of U.S. firms, consumers
BEIJING – China’s Commerce Ministry said on Thursday that if Washington cut tariffs on Chinese goods, it would be in the interests of U.S. firms …
Euro zone Feb production rebounds as expected on consumer goods
BRUSSELS – Euro zone industrial production rebounded as expected in February from a January slump thanks to stronger output of consumer goods, which offset declines …
China commerce ministry says it hopes U.S. will remove tariffs on chinese goods as soon as possible
BEIJING – China’s commerce ministry hopes the United States will remove tariffs on Chinese goods and stop cracking down on Chinese firms as soon as …
Spain consumer goods sales rise on worries over supply amid Ukraine war
MADRID – Sales of consumer goods rose 13% in Spain in the wake of Russia’s invasion of Ukraine as supply concerns, exacerbated by a partial …