General Motors is planning to export the Chevrolet Silverado and the Chevrolet Colorado to China, starting in 2017, Automotive News reported on Monday.
Both pickup models will be produced in the United States, GM announced. They will be sold through parallel import.
Ford Motor Co. will also...
U.K.’s deficit on trade in goods rose by £2.6 billion to £12.1 billion in August from July, according to data released by the Office for National Statistics on Friday. The total trade deficit stood at £4.7 billion in August 2016, which marks a widening of £2.5 billion.
The widening reflects a rise in exports of...
Low fuel prices led U.S. import prices to fall 0.2% in August, the U.S. Bureau of Labor Statistics announced on Wednesday. In July, import prices were up 0.1%. Meanwhile, export prices declined 0.8%, compared to the previous month’s rise 0f 0.2%. The U.S. import prices index reported its first decrease...
U.K.’s deficit on trade in goods was reduced by £1.2 billion to £11.8 billion in July from June, according to data released by the Office for National Statistics on Friday. This is the first release of U.K. trade covering a full calendar month of data after the Brexit vote.
The narrowing reflects a rise in...
Canadian prime minister Justin Trudeau started his 6-day long visit to China with the currently most important issue in the trade relations between two countries: place of Canada-grown canola in China. The virtual quarantine for Canadian product could jeopardise exports worth CA$2 billion each...
Exports of gems and various jewellery items from India grew 11.64% in the period April-July compared to the same period a year ago. Total sales reached $11.4 billion, according to data from Gems and Jewellery Export Promotion Council (GJEPC) published on Thursday.
The jump in exports, which...
Italian companies exported 0.5% less goods, while imports fell 6.1% in the month of June, when compared with the same month of the previous year. Exports to the European Union countries increased by 1.3% and decreased by 2.8% to non-EU countries. Imports from the EU countries fell 1.1%, and...
Deputy CEO of Gazprom Alexander Medvedev announced on Tuesday China’s economic expenditure will have an impact on contract conditions of gas supply currently provided by Russia, according to TASS.
Medvedev highlighted that Chinese growth rates are bound to affect the consumption...
German officials are reportedly developing a plan to lessen the anti-Russia sanctions currently imposed by the European Union, according to the article from Der Spiegel. Presumably, the German government is ready to annul some of the embargo measures, if Russia shows the willingness to cooperate...
Russian President Vladimir Putin stated during his visit to Greece on Saturday Russia will be willing to repair ties with Turkey if Ankara shows readiness for cooperation, Sputnik reported.
Putin highlighted that in order to remedy the relationship between two countries, Turkey will need to issue a formal...
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