international-trade
BusinessSouth Korea Dec Exports Seen up for 15th Month in Row, but Momentum Slowing – Reuters Poll
Top StoriesSouth Korea Dec Exports Seen up for 15th Month in Row, but Momentum Slowing – Reuters Poll
BusinessSouth Korea’s Shinsegae to Set up Joint Venture With Alibaba International
Top StoriesChina, Japan Foreign Ministers Agree Visit, Security Dialogue
EU Deal and Trump Tariff Threats Bolster Mercosur Trade Talks
Date: December 20, 2024
By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) -Brazil expects the South American trade bloc Mercosur to speed up more free trade negotiations after clinching a deal with the European Union, as the threat of U.S. tariffs when Donald Trump takes office as president forces countries to diversify their options for exports, diplomats say. Topping...
U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken
Date: December 20, 2024
By Georgina McCartney, Arathy Somasekhar and Enes Tunagur HOUSTON/LONDON (Reuters) – U.S. crude oil exports to northwest Europe are likely to slip early next year after hitting a record high in November, as the arbitrage for transatlantic shipments has slammed shut and freight rates have climbed, analysts said this week. The spread between U.S. West...
US Trade Tribunal Finds Lenovo Smartphones Infringe Ericsson Patents
Date: December 18, 2024
By Blake Brittain The U.S. International Trade Commission said on Tuesday that smartphones made by Lenovo’s Motorola Mobility infringe patents owned by Ericsson, which could lead to a ban on U.S. imports of the phones if the decision is upheld. An ITC judge said in an initial ruling that the smartphones violate Ericsson’s patent rights...
Swiss Economy to Grow 1.5% Next Year, Government Forecasts
Date: December 17, 2024
ZURICH (Reuters) – The Swiss economy will grow by 1.5% next year, the government forecast on Tuesday, slightly revising down its outlook for one of Europe’s traditionally most resilient economies. This year, the economy is expected to grow 0.9%. Switzerland’s export-oriented economy had previously been forecast to grow by 1.2% this year and 1.6% next...
China’s Cnooc Sells US Assets to Britain’s Ineos
Date: December 16, 2024
The Chinese oil and gas major said CNOOC Energy Holdings U.S.A. entered into a sales agreement with a subsidiary of INEOS relating to CNOOC’s upstream oil and gas assets in the U.S. part of the Gulf of Mexico. The deal primarily includes non-operator interests in oil and gas projects such as the Appomattox and Stampede...
Rattled by China, West Scrambles to Rejig Critical Minerals Supply Chains
Date: December 6, 2024
By Amy Lv, Divya Rajagopal and Ernest Scheyder BEIJING/TORONTO/LONDON (Reuters) – China’s trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing’s curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel told customers last month it had declared force majeure and suspended deliveries of...