MANILA – The Philippines posted a $4.8 billion trade deficit in April, narrower than the previous month’s three-month high of $5 billion, as imports sustained a double-digit growth, the statistics…
WASHINGTON – U.S. President Joe Biden intends to nominate Doug McKalip, a veteran agricultural and trade policy expert, to be the U.S. Trade Representative’s next chief agricultural trade negotiator, the…
By Stefanno Sulaiman JAKARTA – Indonesia Trade Minister Muhammad Lutfi said on Tuesday the government would bring down its combined maximum crude palm oil export and levy rate to $488…
By Jeanny Kao and Ben Blanchard TAIPEI – Taiwan’s top trade negotiator appealed to the United States on Tuesday not to forget that the island wants a free trade deal,…
By Philip Blenkinsop BRUSSELS – The European Union wants to accelerate efforts to finalise trade agreements with third parties after a six-month pause, as the bloc adapts to the Ukraine…
BRUSSELS – Euro zone retail sales were much weaker than expected in April, data showed on Friday, pulled down by principally by reduced purchases of food, drinks and tobacco. The…
(Reuters) – Citigroup Inc could record losses of more than $50 million after a London-based employee’s fat-finger trade caused a flash crash in European stocks last month, Bloomberg Law reported…
TAIPEI – Taiwan’s chief trade negotiator, John Deng, will hold more talks with the United States on bilateral trade on Wednesday, the island’s government said, after being excluded from a…
(Reuters) – Meta Platforms Inc said on Tuesday its Class A common stock will begin trading on the Nasdaq under the ticker symbol ‘META’ prior to market open on June…
By Alexander Cornwell DUBAI – Israel signed a free trade agreement with the United Arab Emirates on Tuesday, its first with an Arab state and one which eliminates most tariffs…
PARIS – French transport trade unions on Tuesday hailed the success of their strike during the Champions League final between Liverpool and Real Madrid, which the French government said contributed…
JERUSALEM – Israel and the United Arab Emirates (UAE) will sign a free trade agreement in Dubai on Tuesday in a move aimed at boosting trade between the two countries,…
BOSTON – A Lexington man was convicted on Thursday, May 26, 2022 of possessing a stolen trade secret, the first-ever conviction following a criminal trial of this kind in the…
By David Brunnstrom WASHINGTON – New Zealand Prime Minister Jacinda Ardern said on Wednesday the United States should return to a regional trade pact it quit in 2017 if it…
LONDON – British Prime Minister Boris Johnson agreed with his newly-elected Australian counterpart Anthony Albanese that the Ukrainian war must not encourage other countries to undermine global stability, Johnson’s spokesperson…
BERLIN – Shares in Deutsche Euroshop jumped 31.2% in Lang & Schwarz pre-market trade on Monday after a consortium of bidders offered 1.4 billion euros ($1.48 billion) to acquire the…
(Reuters) – Ratings agency S&P revised https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/2842888 South Africa’s outlook to “positive” on Friday, saying it reflects favourable terms of trade and a path toward contained fiscal expenditure for the…
LONDON – Companies need to be incentivised and pushed to make green investments, British trade minister Anne-Marie Trevelyan said on Wednesday. “We need to do all we can to both…
(Reuters) – The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to Moscow’s invasion of Ukraine. The…
LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers seized methamphetamine in one enforcement action that totaled over $18,000,000 in street value. “Officers assigned to CBP…
WASHINGTON – President Joe Biden said on Tuesday discussions are ongoing about potentially dropping U.S. trade tariffs on China that were imposed by his predecessor, Republican Donald Trump. “We’re discussing…
GREENEVILLE, Tenn. – On May 9, 2022, Dr. Xiaorong You, aka Shannon You, 59, of Lansing, Michigan was sentenced to serve 168 months in prison by the Honorable J. Ronnie…
(Reuters) – Russian President Vladimir Putin on Monday ordered the creation of a working group on international payments whose tasks will include figuring out terms for transactions with “unfriendly” states.…
BEIJING – China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended declines, creating heavy headwinds for…
By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade surplus and the central bank…