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XPO Logistics explores breakup of transportation company
XPO Logistics Inc., the transportation conglomerate run by serial dealmaker Brad Jacobs, is considering strategic options including the possible sale or spinoff of one or…
Surging scrap metal imports has India producers seeking tax hike
India’s metal producers want higher taxes on imports of aluminum and copper scrap after China’s decision to restrict purchases flooded the global market with supplies.
Brazil looks to India as trade ties with Argentina deteriorate
Brazilian President Jair Bolsonaro is set to visit India next week, aiming to boost trade with a rapidly growing market as ties with neighboring Argentina…
Visa, Mastercard, AmEx win easier access to China market
The biggest U.S. card companies just moved a step closer to gaining access to China’s $27 trillion payments market.
US to prioritize Brazil over Argentina in OECD reversal
The Trump administration plans to promote Brazil’s bid to join the Organisation for Economic Co-operation and Development, reversing a previous commitment to give priority to…
‘Semi-truce’ trade deal roils markets from stocks to soybeans
The U.S. and China signed a partial trade deal that confirms a cease-fire in the spat that has roiled financial markets for three years.
Trade truce offers farm relief but how much is still unclear
President Donald Trump’s phase-one trade deal with China offers the promise of more overseas sales for American farmers, but the impact of the agreement remains…
China to buy $52 billion of additional US energy products
China agreed to buy $52.4 billion of additional U.S. energy products as part of a landmark trade deal signed by the world’s two top economic…
Schwarzman says trade deal shows huge change in US-China ties
Steve Schwarzman, chief executive officer of Blackstone Group Inc., said the U.S.-China trade agreement shows positive change from the world’s economic superpowers.
China agrees to buy rare earths that US doesn’t have to give
The phase one trade deal that lists the items China agreed to buy more from the U.S. includes rare earths that are already in short…