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Oil prices climb to 3-week high after Libya shuts down its largest production hub amid political crisis

"With global supplies now so tight, even the most minor disruption is likely to have an outsized im…

Phil Rosen   


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Ukraine asks the world's largest energy traders to stop handling Russian oil as they've continued to move millions of barrels since the war

Vitol, Trafigura, Glencore, and Gunvor have traded about 20 million barrels of Russian crude and oi…

Shalini Nagarajan   


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India to make a renewed push for an important regional trade treaty that will create the world’s largest trading bloc

Trade ministers of 15 other countries in the region will meet to discuss ways to move forward wi…

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The WTO has ruled the EU can impose around $4 billion in tariffs on US goods in retaliation for Boeing subsidies

The US took European countries to the WTO in 2004 for subsidies to Airbus. The EU reciprocated with…

Saloni Sardana   


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US stocks trade mixed as investors watch developments in Ukraine and new sanctions against Russia

Twitter was in the spotlight, with shares jumping as Elon Musk disclosed a big stake in the social …

Carla Mozée   


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The EU agrees to a historic $860 billion recovery fund as the bloc fights the fallout of coronavirus

Heads of states agreed on distributing 390 billion euros in grants and 360 billion euros in loans a…

Shalini Nagarajan   


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3 mins read

India's Foreign Minister warns of RCEP's 'damaging consequences' ahead of Modi and Xi's virtual meet at BRICS summit

India foreign minister S Jaishankar has defended India’s move to stay out of the Regional Comprehen…

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6 mins read

The UK and EU finally strike a Brexit trade deal

Negotiators reached a total agreement on a post-Brexit free-trade deal after nearly a year of talks.

Thomas Colson,Adam Payne,Adam…   


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The US and China could be headed for a 'new cold war' lasting a generation that forces countries to pick sides, one analyst says

Bans and blacklists on technology but also a growing lack of trust can cause cracks in relations, D…

Shalini Nagarajan   


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An oil trading company named Bellatrix is one of the under-the-radar firms that has taken over from the big names in shipping Russian crude

Major oil traders have shunned Russian oil after the invasion of Ukraine, paving the way for under-…

Hamza Fareed Malik   


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4 mins read

Boris Johnson's Brexit trade deal threat risks destroying UK trade with the EU, warn British businesses

"We need the government to spell it out and say in no uncertain words yes this is going to continue…

Adam Payne,Adam Payne   


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India should be worried as this may be the worst quarter for global trade in ten years

The forecast is based on WTO’s quarterly outlook trade indicator - a reading of seven factors su…

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EU urges China to move on trade, back off in Hong Kong

"Progress is needed in many areas to re-balance this relationship, and we made clear that we need …

PTI   


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4 mins read

Brexit trade deals will be worse than current EU deals, says Liam Fox's former trade chief

Sir Martin Donnelly, who was the Permanent Secretary of the Department for International Trade unti…

Thomas Colson   


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Trump's trade war could destroy 4% of global trade: 'The threat to world growth is significant'

"The upsurge in protectionism comes at an inopportune time for the global economy. World trade grow…

Jim Edwards   


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6 mins read

UK supermarkets promise to never sell chlorinated chicken in blow to a Brexit trade deal with Trump

Sainsbury's, The Co-op, and M&S joined Aldi and Waitrose in pledging to never stock chlorinated chi…

Adam Payne   


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A slowdown in the Eurozone points to doom for India's ailing exports

Given the downward projections for demand and growth in the Eurozone, there will be negative imp…

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Indian carmakers are squeezed between slowing sales and curbs on steel imports

Given that it is expected to take around six months to get the necessary certification and…

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3 mins read

The EU will tell Britain that it cannot have a trade deal unless it bans chlorinated chicken

"In other parts of the world abattoirs use chlorine or other chemicals to wash carcases - this is n…

Adam Payne,Adam Payne   


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4 mins read

GOP Senators are in open rebellion against Trump over the trade war

"We kept hearing that talks were going well, it sure looked like this was all going to be taken car…

Tom Porter,Tom Porter