Latest International trade News

Energy companies lead modest gains for US stock indexes

Mar. 18, 2019 5:04 PM EDT

U.S. stock indexes finished modestly higher Monday, extending the market's solid gains from a rally last week. Energy companies notched the biggest gains after the price of U.S. crude oil closed above $59 a barrel for the first time since November. Smaller company stocks fared better than the rest of the market....

Czech Budweiser brewer worries about Brexit impact

Mar. 18, 2019 1:13 PM EDT

CESKE BUDEJOVICE, Czech Republic (AP) — The Budejovicky Budvar brewery in the Czech Republic managed to survive a decades-long trademark battle over whether it could call its beer Budweiser. But now it faces another potential threat: Brexit. The United Kingdom is one of the brewer's top five markets,...

Global shares rise as investors watch US-China trade talks

Mar. 18, 2019 8:21 AM EDT

TOKYO (AP) — European shares were mixed by midday while Asian markets closed higher on Monday as investors awaited signs the U.S. and China could be making progress in negotiations on resolving the trade war between the two biggest economies. France's CAC 40 was unchanged at 5,405. Germany's DAX slid 0.2...

Asian shares advance as investors watch US-China trade talks

Mar. 18, 2019 12:20 AM EDT

TOKYO (AP) — Shares rose in Asia on Monday as investors awaited signs the U.S. and China could be making progress in negotiations on resolving the trade war between the two biggest economies. Japan's benchmark Nikkei 225 added 0.7 percent in morning trading to 21,591.90. Australia's S&P/ASX 200 rose...

Fresh rallies against al-Bashir as Sudan secures $300M loans

Mar. 17, 2019 11:51 AM EDT

CAIRO (AP) — Hundreds of Sudanese took part in anti-government protests in the capital and other cities on Sunday as the government announced it had secured $300 million in loans to address the economic crisis that triggered the unrest. The demonstrations began in December over price hikes and food...

Beyond veto: Trump seeks more workarounds to avoid Congress

Mar. 16, 2019 11:07 AM EDT

WASHINGTON (AP) — President Donald Trump's first veto was more than a milestone. It signals a new era of ever perilous relations between the executive and legislative branches of government. Trump's agenda was stymied even before his party lost unified control of Washington at the start of the year and he...

US business groups encouraged by prospect of US-China deal

Mar. 16, 2019 4:10 AM EDT

WASHINGTON (AP) — U.S. business groups said Friday they are encouraged by China's approval of a new law that loosens restrictions on foreign investment and said it could help smooth the way to a substantive trade agreement between the two countries. China's ceremonial legislature passed a measure Thursday...

Wyoming governor vetoes coal-export terminal lawsuit bill

Mar. 15, 2019 6:31 PM EDT

CHEYENNE, Wyo. (AP) — Wyoming Gov. Mark Gordon vetoed a bill Friday that would have allowed the Legislature to sue the state of Washington over coal exports. It's important for Wyoming to "speak with one voice" on coal-export litigation, Gordon said. Wyoming is the top coal-producing state. Wyoming's coal...

Tech companies power US stocks to solid weekly gain

Mar. 15, 2019 5:44 PM EDT

The S&P 500 rose to a new high for the year Friday as resurgent technology stocks closed out their best week in four months with solid gains. Financial, health care and consumer stocks also helped lift the market. The gains erased losses from last week, when the S&P 500 had its worst week of the year. The...

Maine exports increase amid trade disputes

Mar. 15, 2019 10:52 AM EDT

AUGUSTA, Maine (AP) — Data shows Maine shipped $2.8 billion worth of goods last year, but international trade disputes have experts wondering "what could have been." The Portland Press Herald reports Maine exports increased 4 percent compared to 2017, but it was less than in 2016. The state's top exports...