Swiss watch exports to US suffer first drop in two years
Monthly Swiss watch exports to the US declined for the first time in more than two years signaling a slowdown in demand from the biggest…
The Black Sea Grain Initiative is stopped
Russia has blocked registration of incoming fleet to all Ukrainian ports
Pig-fat fueled flights risk creating surge in palm-oil output
Europe’s airlines are quickly tying up the supply of available animal fats to produce biofuels, creating unintended ecological knock-on hazards that include a surge in…
Consumers to spend record amount for Father’s Day
Consumers will collectively spend a record-high $22.9 billion to celebrate Father’s Day this year, according to the annual survey released today by the National Retail…
Saudi Aramco taps Turkish firms for $50 billion building spree
Saudi Aramco met with an army of Turkish contractors this week to discuss $50 billion of potential projects in the Gulf kingdom, underlining improving trade…
US hits Sudan groups with sanctions as cease-fire collapses
The US imposed economic sanctions on both sides of the conflict in Sudan after continued violence led to the collapse of a cease-fire and dimmed…
U.S. – EU joint statement of the Trade and Technology Council
The fourth Ministerial meeting of the Trade and Technology Council (“TTC”) took place in Luleå, Sweden, on 31 May 2023. It was co-chaired by European…
EU raises alarm over Chinese demands for cosmetics trade secrets
The European Union has raised concerns with China about the detailed product information that cosmetics companies like L’Oreal and LVMH have to provide in order…
Australia trade minister heads to Europe aiming to seal EU-FTA
Australia’s Trade Minister Don Farrell will head to Brussels this weekend for the final rounds of negotiations on a free trade agreement with the European…
Korea export slide eases, hinting at global demand recovery
South Korea’s exports slump eased for a second month in May, an early sign that weakness in global demand may finally be starting to moderate.
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