(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates …
Trade
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US Trade Deficit Skyrockets In April As Exports Plummet Almost $10 Billion
US Trade Deficit Skyrockets In April As Exports Plummet Almost $10 Billion Jason Cohen on June 7, 2023 The U.S. trade deficit ballooned by $14 billion in April compared to …
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Russia And Ukraine Trade Blame Over Dam Collapse In War Hotspot
Russia And Ukraine Trade Blame Over Dam Collapse In War Hotspot Micaela Burrow on June 6, 2023 Russia and Ukraine accused the other of causing a major dam on the …
- Business News
Mexico accepts U.S. trade request to review labor rights at Goodyear plant
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico has accepted a request from the United States to review an alleged denial of collective labor rights at U.S. tiremaker Goodyear’s plant in the central …
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BANGKOK (Reuters) – Trafficking of synthetic drugs in East and Southeast Asia is surging, with new smuggling routes for methamphetamine emerging and ketamine production expanding, the United Nations said on …
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(Reuters) – Former President Donald Trump and Florida Governor Ron DeSantis traded barbs on Thursday over who could most quickly fix the economy and reform government agencies as the battle …
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BRASILIA (Reuters) – Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since the data series began in 1989, official data showed on …
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By Philip Blenkinsop LULEA, Sweden (Reuters) – The United States and the European Union pledged on Wednesday to join forces to counter China’s non-market economic practices and disinformation, particularly over …
- US and World News
Australia looks to rest of world even as China trade ties heal
by Reutersby ReutersBy Lewis Jackson SYDNEY (Reuters) – Australia will encourage businesses diversify their trade into new and emerging markets, Trade Minister Don Farrell will say in a speech on Thursday, even …
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NAIROBI (Reuters) – Kenya will sign a trade pact with Russia aimed at boosting cooperation between businesses, President William Ruto’s office said on Monday, after hosting Russian Foreign Minister Sergei …
- Business News
APEC trade chiefs agree on more inclusive trade, but no joint statement
by Reutersby ReutersBy David Lawder DETROIT (Reuters) – Trade ministers from the Asia Pacific Economic Cooperation (APEC) countries agreed on Friday to promote more inclusive and sustainable trade, but failed to produce …
- Business News
US trade chief seeks new thinking on global challenges as APEC ministers meet
by Reutersby ReutersBy David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC) trade ministers to “think creatively” for solutions to overcome a …
- Business News
At APEC trade meeting, union leaders call for new ‘balance’ with China
by Reutersby ReutersBy Joseph White DETROIT (Reuters) – U.S. trade policy with China and other nations must strike a more equitable balance between needs of workers and corporate profits, leaders of two …
- Business News
Exclusive-India, UK still far apart on free trade deal – sources
by Reutersby ReutersBy Shivangi Acharya, Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – India and Britain are struggling to make progress in free trade talks due to differences on some key …
- US and World News
Pension reform defiance brings new blood to French trade unions
by Reutersby ReutersBy Leigh Thomas PARIS (Reuters) – France’s unions may have failed to derail President Emmanuel Macron’s push to raise the retirement age, but they are reaping big gains in new …
- Business News
Italy posts largest trade surplus in almost two years as imports drop
by Reutersby Reuters(Reuters) -Italy posted a trade surplus with the rest of the world of 7.5 billion euros ($8.3 billion) in March, the largest in almost two years, as gas imports from …
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By Nick Carey LONDON (Reuters) -Ford on Wednesday called for post-Brexit EU trade requirements on rules of origin for electric vehicles (EVs) to delayed until 2027 from 2024, saying tariffs …
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India’s April merchandise and services trade deficit at 21-month low
by Reutersby ReutersBy Shivangi Acharya and Manoj Kumar NEW DELHI (Reuters) – India’s merchandise and services trade deficit narrowed to a 21-month low in April as imports dropped partly due to some …
- Business News
Exclusive-G7 leaders to target Russian energy, trade in new sanctions steps -sources
by Reutersby ReutersBy Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, …
- Business News
Indonesia’s April trade surplus seen increasing to $3.38 billion- Reuters poll
by Reutersby ReutersJAKARTA (Reuters) – Indonesia’s April trade surplus was seen increasing from the previous month, with imports softening due to less production activities during the holiday of Ramadan, a Reuters poll …
- Business News
China, Ecuador sign free trade agreement, says Chinese commerce ministry
by Reutersby ReutersBEIJING (Reuters) – China and Ecuador signed a free trade agreement on May 11, China’s commerce ministry said on Thursday. The two sides will create a more favourable, transparent and …
- Business News
Robinhood jumps in extended trade after rev beat, 24-hour trading announcement
by Reutersby ReutersBy Stephen Culp NEW YORK (Reuters) – Shares of Robinhood Markets Inc were last up 2.4% in extended trading after the company beat quarterly revenue forecasts and confirmed it would …
- MIsc. News
CBP Invites Public Comments for Discussion at Green Trade Innovation and Incentives Forum
WASHINGTON—U.S. Customs and Border Protection today issued a reminder for public comments in anticipation of the upcoming Green Trade Innovation and Incentives Forum; an event designed to solicit and share …
- Business News
Europe needs to steer its own trade agenda, German economy minister says
by Reutersby ReutersBERLIN (Reuters) – With China and the U.S. fixated on each other, Europe is at risk of being paralysed in between and needs to steer its own agenda, German Economy …
- Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Guilty Of Being Stupid’: Warren Buffett’s No. 2 Says US Should ‘Get Along With China’ And Have ‘A Lot Of Free Trade’
‘Guilty Of Being Stupid’: Warren Buffett’s No. 2 Says US Should ‘Get Along With China’ And Have ‘A Lot Of Free Trade’ Harold Hutchison on May 8, 2023 The vice …