Brazil’s record trade surplus in March misses market expectations
By Marcela Ayres BRASILIA – Brazil posted a record trade surplus for March, of $7.4 billion, official data showed on Friday, but the number was …
Trade
Soaring imports deepen EU’s China trade deficit – Eurostat
(Reuters) – The European Union’s trade deficit with China grew by over a third last year, the bloc’s statistics office said on Friday, as it …
Australia and India to sign trade deal on Saturday – Australia
By Kirsty Needham SYDNEY – Australia will sign a trade agreement with India on Saturday that will eliminate tariffs on 85% of Australian goods entering …
Analysis-“Slow-balisation”: how war, pandemic are reshaping global trade
By Philip Blenkinsop BRUSSELS – Raising the drawbridge has been a response to war and pestilence throughout human history, and the tumultuous winter of 2022 …
U.S. senators try to avoid weeks-long delay in Russia trade measure
By Patricia Zengerle WASHINGTON – U.S. senators scrambled on Tuesday to reach a compromise to avoid further delays before passing legislation revoking “most favored” trade …
India stands by trade with Russia as Lavrov set to visit
By Aftab Ahmed and Krishna N. Das NEW DELHI – Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, …
Russia and Azerbaijan trade barbs over Nagorno-Karabakh
(Reuters) -Russia and Azerbaijan on Sunday traded barbs over the movement of Azeri forces in Nagorno-Karabakh where a simmering dispute between Armenia and Azerbaijan flared …
California diesel, jet prices rise on Chevron hydrotreater outage -trade
HOUSTON – California diesel prices climbed 52.5 cents a gallon this week in the San Francisco Bay market because of a hydrotreater outage at Chevron …
Not ‘sitting on its hands,’ U.S. to up pressure on China, trade czar Tai says
By Andrea Shalal WASHINGTON – The United States is done “sitting on its hands” and will more actively pressure China, the world’s second largest economy, …
Ship engine makers cut ties with Russia as maritime trade pressure grows
By Jonathan Saul LONDON – Finland’s Wartsila, a leading ship engine maker, has suspended business with Russia including equipment training while German counterpart MAN Energy …
Vote to revoke ‘most-favored’ trade status for Russia delayed in U.S. Senate
By Patricia Zengerle WASHINGTON – Legislation removing “most favored nation” trade status for Russia over the invasion of Ukraine was delayed in the U.S. Senate …
U.S. lawmaker Waters presses financial trade groups for details on Russia exits
By Hannah Lang WASHINGTON – Prominent U.S. lawmaker Maxine Waters has asked more than 30 financial services trade groups for information on what steps their …
Effort to end ‘most-favored’ trade status for Russia slowed in U.S. Senate
By Patricia Zengerle WASHINGTON – Legislation removing “most favored nation” trade status for Russia over the invasion of Ukraine hit a roadblock in the U.S. …
Sanctions hit trade harder than Soviet collapse, Finnish customs says
By Anne Kauranen HELSINKI – The initial impact of the European Union’s sanctions against Moscow following its invasion of Ukraine has led to a greater …
‘Heinous Human Rights Atrocities’: Bipartisan Legislation Aims To Relink China’s Human Rights Record With Trade
‘Heinous Human Rights Atrocities’: Bipartisan Legislation Aims To Relink China’s Human Rights Record With Trade Philip Lenczycki on March 22, 2022 A bipartisan group of …
WTO trade talks in disarray amid Ukraine tensions – sources
By Emma Farge GENEVA – Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move …
U.S. Senate must quickly pass bill removing normal trade status for Russia -Schumer
WASHINGTON – The U.S. Senate must quickly pass legislation to revoke “most favored nation” trade status for Russia and hold Russian President Vladimir Putin accountable, …
Moscow exchange to trade OFZ bonds again on Tuesday – Central Bank
– The Moscow Exchange will again open for trading in OFZ government bonds on Tuesday after the trade resumed on Monday, but the stock market …
Paybotic, a Leading Provider of Affordable Payment Solutions in the Cannabis Industry and Surrounding Markets, Participating in Trade Shows Across the U.S. in March, April, and May 2022
Recognizing the Growing Need for its Cannabis Payment Solution Services, Paybotic to Showcase to Growing Number of Cannabis Business Owners WEST PALM BEACH, Fla., March …
U.S. Senate to promptly pass bill revoking Russia preferential trade status-Sen. Schumer
WASHINGTON – Legislation to revoke Russia’s Permanent Normal Trade Relations status following its attack on Ukraine will move through the U.S. Senate promptly, following imminent …
U.S. trade chief seeks to mitigate impacts from Russia sanctions on U.S
By Paul Lienert BAY CITY, Mich. – Western sanctions and other actions to punish Russia over its invasion of Ukraine will impose costs on the …
Japan to revoke Russia’s most-favoured nation trade status – PM Kishida
By Kantaro Komiya and Leika Kihara TOKYO -Japan will revoke Russia’s most-favoured nation trade status as part of further sanctions against Moscow following the invasion …
Former CEO And COO Of JHL Biotech Sentenced For Conspiring To Steal Trade Secrets And Commit Wire Fraud Exceeding $101 Million
SAN FRANCISCO – Racho Jordanov, the co-founder and former Chief Executive Officer of JHL Biotech, and Rose Lin, another of the company’s co-founders and former …
Aeroflot CEO no longer on airline trade group IATA’s board of governors
MONTREAL – The chief executive of Russian carrier Aeroflot is no longer on the board of governors of the International Air Transport Association (IATA), a …
Exclusive-Chevron set to trade Venezuelan oil if U.S. relaxes sanctions -sources
By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON -Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions …
Factbox-Biden throttles trade between the U.S. and Russia
WASHINGTON – U.S. President Joe Biden on Friday said the United States will revoke Russia’s “permanent normal trade relations” status to punish Moscow over its …
Biden says U.S. to strip Russia of permanent normal trade status
WASHINGTON – U.S. President Joe Biden on Friday said the United States will revoke Russia’s “permanent normal trade relations” status to punish Moscow over its …
U.S. Senate confirms Pagán as top trade official at WTO
WASHINGTON – The U.S. Senate on Thursday voted 80 to 19 to confirm Maria Pagán as the top U.S. trade official in Geneva and Washington’s …
U.S. Russian energy import bill stops short of revoking trade status
WASHINGTON – A bill to ban Russian energy imports and review that country’s status at the World Trade Organization has excluded a proposal to revoke …
US Trade Deficit Hit A Record High In January
US Trade Deficit Hit A Record High In January Harry Wilmerding on March 8, 2022 The U.S. trade deficit continued to grow in January as …
Key U.S. lawmakers set plan to ban Russian energy imports, revoke Moscow’s trade status
By David Lawder and Paul Grant WASHINGTON – The top U.S. lawmakers on trade matters on Monday announced a plan for legislation to ban the …
Shell to put profits from Russian oil trade into Ukraine aid fund
By Ron Bousso LONDON – Oil major Royal Dutch Shell will put profits from any Russian oil it purchases into a fund that will go …
Brazil trade balance posts biggest February surplus in five years
BRASILIA – Brazil posted a $4 billion trade surplus in February, the strongest performance for the month since 2017, official data showed on Thursday, amid …
Factbox-Companies cut Russia operations and trade as sanctions tighten
– Companies have limited, put on hold or exited business activities in Russia following a wave of sanctions imposed after Moscow’s invasion of Ukraine. Below …
Indian trade, current account deficit seen widening, rupee under pressure
By Swati Bhat MUMBAI – India’s trade and current account deficits are likely to widen, putting pressure on the rupee, as global oil prices surge …
German imports exceeded exports in 2021 trade with Russia – stats office
BERLIN – German imports from Russia exceeded exports last year because prices for imported crude oil and natural gas had risen sharply, Germany’s Federal Statistics …
Turkey’s trade deficit surges, energy costs add to risks
By Nevzat Devranoglu ISTANBUL – Turkey’s trade deficit widened 186% year-on-year in the first two months of the year due to a surging energy bill, …
Second defendant arrested in case alleging theft of trade secrets from American aviation company
CINCINNATI – An Italian national was arrested in Marino, Italy on Oct. 2 pursuant to a provisional arrest request from the United States in a …
China warns of ‘huge’ pressure on foreign trade as economic challenges mount
BEIJING -A top Chinese official warned on Tuesday that China’s economy faces multiple challenges at home and abroad this year, including “huge” pressure from uncertainty …
Australia’s Q4 GDP looking even stronger as trade surprises
By Wayne Cole SYDNEY – Australia’s trade performance last quarter was much less of a drag on the economy than first thought implying upside risk …
Russian rouble yet to trade, indicated sharply lower
SYDNEY – The Russian rouble had yet to trade officially in Asia early on Monday but was quoted on dealing sites at between 98.00 to …
U.S. trade relationship with China “getting more difficult” – USTR
WASHINGTON – The trade relationship between the United States and China is “extremely difficult and getting more difficult,” U.S. Trade Representative Katherine Tai said on …
Canada wholesale trade likely up 3.9% in January – Statscan flash estimate
OTTAWA – Canadian wholesale trade was most up 3.9% in January from December, on higher sales in building material and supplies, along with machinery equipment …
India explores setting up rupee trade accounts with Russia to soften sanctions blow – sources
By Rajendra Jadhav, Nupur Anand and Aftab Ahmed MUMBAI – India is exploring ways to set up a rupee payment mechanism for trade with Russia …
Russia to widen trade, economic ties with Asia after Western sanctions
MOSCOW – Russia’s economy ministry on Friday said it was working on measures to minimise the effect of Western sanctions imposed after Russia’s invasion of …
As sanctions start, Russia’s trade flow shifting towards China
By David Lawder and Jason Lange WASHINGTON – The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates …
Biden to prohibit trade, investment with Ukraine breakaway regions -White House
By Jeff Mason WASHINGTON -President Joe Biden will issue an executive order soon that will prohibit economic activity between U.S. individuals and the two breakaway …
EU, U.S. trade, technology body to meet May 15-16 in France
BRUSSELS – The U.S.-European Union Trade and Technology Council, set up last year to mend strained transatlantic trade relations and help the allied democracies better …
India, UAE eye $100 billion in annual trade after signing trade pact
By Manoj Kumar and Alexander Cornwell NEW DELHI/DUBAI -India and the United Arab Emirates signed a broad trade and investment pact on Friday that will …
China opposes trade assessment report by USTR
HONG KONG – China resolutely opposed a new assessment report released by the U.S. Trade Representative’s office, calling it “based on trade protectionism” and ignoring …