trade-securities
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Top StoriesEuro zone posts record trade deficit in August amid soaring energy prices
Factbox-What impact will strike at britain’s busiest container port have?
Date: August 22, 2022
LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strike action that will cause disruption to trade and supply chains. The staff at Felixstowe, on the east coast of England, are taking industrial action in a dispute over pay, becoming the latest workers to strike in...
Euro zone current account swings back to a surplus in June
Date: August 19, 2022
FRANKFURT (Reuters) – The euro zone’s current account swung back to a small surplus in June on an improvement in the trade of services and higher primary income, which includes earning from investments abroad, European Central Bank data showed on Friday. The 19-country currency bloc has run a large current account surplus for the past...
China bans 35 taiwanese food exporters in warning ahead of pelosi visit
Date: August 2, 2022
HONG KONG (Reuters) – China has suspended imports from 35 Taiwanese exporters of biscuits and pastries since Monday, in a warning salvo to the self-governed island ahead of a potential visit to Taiwan by U.S. House of Representatives Speaker Nancy Pelosi. Taiwan’s official Central News Agency reported on Tuesday that among the 3,200 Taiwanese companies...
U.S. goods trade deficit narrows sharply; core capital goods shipments strong
Date: July 27, 2022
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy contracted again in the second quarter. Gross domestic product last quarter also likely received a lift from business spending on equipment, with other data from the...
Africa’s dream of feeding China hits hard reality
Date: June 28, 2022
By Duncan Miriri and Joe Bavier THIKA, Kenya (Reuters) – Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers revels in the thought some might soon go to the crown jewel of emerging consumer markets: China. Taking advantage of Beijing’s deeper focus on trade...
Euro zone trade deficit almost doubles in April
Date: June 15, 2022
BRUSSELS (Reuters) – The euro zone’s trade deficit almost doubled in April from the previous month after an already record expansion in March, and industrial production increased over the same period on the month, official data showed on Wednesday. The European Union’s statistics office Eurostat said the 19 countries sharing the euro recorded a trade...