international-trade
Top StoriesFifteen EU Nations Say Bloc Must Urgently Accelerate Trade Deals
Top StoriesPutin Asserts Strong, Sovereign Russia Against Sanctions ‘blitzkrieg’
Top StoriesFactbox – What Has the WTO Ministerial Conference Achieved?
Top StoriesTop Producer Russia Thwarts Move to Redefine ‘conflict Diamonds’
Glimmers of Hope as Global Trade Talks Stretch Into Final Day
Date: June 16, 2022
By Emma Farge GENEVA (Reuters) -Negotiations at the World Trade Organization aimed at clinching deals on food security, fishing and vaccines entered their final hours on Thursday after all-night talks, with some trade sources hopeful that efforts to circumvent Indian opposition would succeed. Ministers from more than 100 countries are meeting at the global trade...
Novak Says Russia Can Increase Oil Production in July
Date: June 16, 2022
(Reuters) – Russia plans to increase oil production next month as export flows are being redirected to avoid Western sanctions, energy officials said on Thursday, predicting domestic oil output would be either flat or decline slightly this year. “In fact, we are close to the February levels when we had it (oil production) at 10.2...
WTO in Overtime Push for Trade Accords, India Defiant
Date: June 15, 2022
By Philip Blenkinsop and Emma Farge GENEVA (Reuters) -The World Trade Organization extended its negotiations by a day on Wednesday amid growing doubts it could find consensus on any change to global trade rules and India adamant it would not yield on food, fisheries and vaccines. During the WTO’s ministerial conference this week, its first...
Forever 21 Takes Third Crack at China With New Bricks and Mortar Store
Date: June 15, 2022
By Casey Hall SHANGHAI (Reuters) – American fast fashion retailer Forever 21 is making its third tilt at the China market, with plans to open a physical store in the country later this month. The brand said on social media platform WeChat that it would open a store “in June” at Jingjiang Impression City shopping...
Exclusive-Germany’s Refinery Dilemma Tests Russian Oil Ban Resolve
Date: June 14, 2022
By Ron Bousso, Marek Strzelecki, Christoph Steitz and Markus Wacket BERLIN (Reuters) – Germany is struggling to find a way to wrest control of a Russian-owned refinery that supplies most of Berlin’s fuel, four people close to the matter said, fearing retaliation by Moscow if the site is nationalised and as Western firms hesitate to...
Britain to Defy EU With ‘relatively Trivial’ N.Ireland Law
Date: June 13, 2022
By Elizabeth Piper and Kate Holton LONDON (Reuters) – Britain published plans on Monday to override some of the post-Brexit trade rules for Northern Ireland by scrapping checks and challenging the role played by the European Union’s court in a new clash with Brussels. Despite Ireland describing the move as a “new low” and Brussels...