international-trade
TradingIndia Says Oil Prices Would Have Rocketed Without Its Russian Imports
InvestingOil Falls Over 2% on Receding US Hurricane Risk, Lackluster China Stimulus
Top StoriesEurope Faces Serious, Tough Trade Talks With U.s, Says Hungary’s Orban
InvestingOil Steadies as Investors Digest US Election Fallout
China Will Work With Us, Government Says, but More Rivalry Expected Under Trump
Date: November 6, 2024
By Laurie Chen BEIJING (Reuters) – China will work with the U.S. on the basis of mutual respect, it said on Wednesday as Donald Trump closed in on victory in the presidential election, but strategists said Beijing was bracing for bitter superpower rivalry over trade, technology and security issues. “Our policy towards the U.S. is...
Analysis-China’s Messy Ev Dispute With Europe Keeps Trade Tensions in Check
Date: November 5, 2024
By Joe Cash and Laurie Chen BEIJING (Reuters) – Fears of a widening tariff war between China and other major exporting nations are keeping diplomacy between the world’s second-largest economy and the European Union alive, even as trade talks over electric vehicles stall. While the U.S. election on Tuesday is almost certain to result in...
China Ev Price Deal Needs Be as Effective as Tariffs, Says EU Official
Date: November 4, 2024
BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as effective and enforceable as the EU tariffs that were imposed last week, the likely future European Union trade chief said on Monday. The EU increased tariffs on Chinese-built EVs to as much as 45.3% last...
UK Lawmakers Could Question Shein Over Workers’ Rights Early Next Year
Date: November 4, 2024
LONDON (Reuters) -British lawmakers could question executives of online fast-fashion group Shein on workers’ rights as early as January, ahead of a possible London listing, according to the head of a parliamentary committee. The House of Commons’ Business and Trade Committee last week opened an inquiry into employment rights. It plans to examine the new...
Hsbc, Barclays and StanChart Jostle for US Banking Riches, Unruffled by White House Race
Date: November 1, 2024
By Lawrence White and Sinead Cruise LONDON (Reuters) – Britain’s big global lenders HSBC, Barclays and Standard Chartered are vying to tap into a boom in U.S. commercial banking as corporate America seeks expertise for international expansion plans. At stake is a growing pool of U.S. commercial banking revenues, which reached $429 billion in 2023...
Oil Extends Gains After Settlement on Reports Iran Preparing Israel Attack
Date: October 31, 2024
By Georgina McCartney HOUSTON (Reuters) -Oil prices extended gains after settlement on Thursday, rising by more than $1 on a report that Iran is preparing to attack Israel from Iraqi territory in the coming days. WTI crude oil futures jumped $1.81 to $70.42 at 3:00 p.m. EDT, after settlement and Brent futures for January delivery...