US durable goods orders exceed forecast in broad advance
Orders placed with US factories for durable goods rose more than expected in May, suggesting business investment so far remains firm even in the face…
US seeks pharmaceutical deal with Switzerland to ease approvals
The Biden administration wants to reach a narrow sectoral trade agreement with the Swiss pharmaceutical industry, the US Ambassador to Switzerland told Blick am Sonntag.
Gold steady as G-7 Russia import ban viewed ‘largely symbolic’
Gold steadied after the Group of Seven nations planned to announce a ban on new imports of the metal from Russia, which analysts saw as…
UK to consult with WTO members on tariffs protecting steel
The UK government said it will consult with other countries at the World Trade Organization on its plan to extend steel tariffs, after prime minister…
Gold rises as some G-7 nations to ban new imports from Russia
The US, UK, Japan and Canada plan to announce a ban on new gold imports from Russia during a summit of Group of Seven leaders…
One of world’s major wheat buyers to trim imports as prices rise
Egypt plans to cut wheat imports by 500,000 tons per year, or about 10%, by eking out more subsidized bread from its grain, Supply Minister…
Johnson says ‘reasonable’ to protect British steel with tariffs
Prime Minister Boris Johnson said that it’s reasonable for UK steel to enjoy the “same protections” other European steel economies have.
India to double capacity for washing coking coal to cut imports
India plans to ramp up its washing facilities for raw coking coal, a key input for the steel industry, in order to reduce its reliance…
Isolating China won’t help Hong Kong and Uyghurs, says Dutch leader
Dutch Prime Minister Mark Rutte said he opposes reconsidering trade relations with China over its policies toward Hong Kong and its Uyghur minority.
G-7 set to ban new Russian gold imports in pledge backed by US
US President Joe Biden and fellow Group of Seven leaders will agree to announce a ban on new gold imports from Russia, a person familiar…
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