How 2018 St. Patrick’s Day trade became Colts’ four-leaf clover

The Colts picked up four for the price of one in their trade with the Jets. And it’s clear that GM Chris Ballard would do it all over again.
www.espn.com – NFL
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Japan’s machinery orders weaken as trade war hits spending plans

Japan’s machinery orders fell in January at the fastest pace in four months as the U.S.-China tariff war hit global trade, knocking demand from the country’s auto and telecommunications equipment manufacturing sectors lower.


Reuters: Arts

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NY Giants trade Odell Beckham to the Cleveland Browns, Jets get Le’Veon Bell

The Giants are sending their star receiver to Cleveland for first- and second-round draft picks in April and safety Jabrill Peppers in the second blockbuster trade in four days.
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U.S. Trade Deficit Widens To Ten-Year High In December

With imports jumping and exports slumping, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened by more than anticipated in the month of December. The Commerce Department said the trade deficit widened to $ 59.8 billion.
RTT – Economic News

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Long before Trump’s trade war with China, Huawei’s activities were secretly tracked

The surprise arrest of Huawei’s chief financial officer in December quickly turned the executive, Meng Wanzhou, into a central figure in a trade war between two economic superpowers.


Reuters: Technology News

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Challenges ahead even if a US-China trade deal is reached: ANALYSIS

Expert says deal likely but warns US against relying on personal diplomacy.
ABC News: Top Stories

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Derick Brassard to Avalanche, his second trade in less than a month

Hopefully, Derick Brassard didn’t unpack all of his bags yet. The Florida Panthers traded the center to the Colorado Avalanche along with a conditional 2020 sixth-round draft pick for a third-round pick in 2020 at the NHL trade deadline, a few short weeks after acquiring him from the Pittsburgh Penguins. Brassard posted four points in…
Sports | New York Post

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Treasury yields fall amid US-China trade talks

U.S. government debt prices rose on Friday following the release of weak economic data, and as trade talks with China continued.
Economy

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China Very Badly In Need Of Trade Deal With U.S.: Trump

President Donald Trump has said China wants a trade deal with the United States very badly, and indicated that the deadline to reach a trade deal with China could be extended if the talks are making good progress. “Now, if we’re close to a deal where we think we can make a real deal, and it’s going to get done, I could see myself letting that slide for a little while. But generally speaking, I’m
RTT – Political News

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U.S.-China Trade Fight Risks Fragmenting Global Market, Says Beijing Ambassador

The trade fight between the U.S. and China risks fragmenting the integrating global market, China’s ambassador to the U.S. Cui Tiankai said in an interview. He was speaking ahead of the summit meeting between President Trump and President Xi Jinping in Buenos Aires later this week.
WSJ.com: US Business

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EMERGING MARKETS-Latam stocks, FX surge on global trade optimism, Brazil shines

Most Latin American stock markets rose on
Tuesday, buoyed by hopes of a U.S.-China trade deal as they more
than recovered ground lost during the previous session, while
resurgent risk appetite strengthened Latin American currencies
against a softer dollar.
U.S. President Donald Trump said he expects to meet Chinese
President Xi Jinping to close a deal on trade at some point,
while officials from


Reuters: Company News

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U.S.-China trade talks resume next week, focus on intellectual property

U.S. negotiators are preparing to press China next week on longstanding demands that it reform how it treats American companies’ intellectual property in order to seal a trade deal that could prevent tariffs from rising on Chinese imports.


Reuters: Business News

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Stocks See Further Downside On Renewed Trade Worries – U.S. Commentary

After moving mostly lower early in the session, stocks have seen further downside over the course of the trading session on Thursday. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session.
RTT – Top Story

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Worries About Trade, Global Economy Weigh On Wall Street – U.S. Commentary

Stocks moved notably lower over the course of the trading session on Thursday, adding to the modest losses posted in the previous session. With the drop, the major averages pulled back further off the two-month closing highs set on Tuesday.
RTT – Top Story

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LeBron James didn’t like how Harrison Barnes trade went down

LeBron James isn’t happy with the way Harrison Barnes got traded on Wednesday. “So let me guess this is cool cause they had to do what was best for the franchise right??? Traded this man while he was literally playing in the game and had ZERO idea,” James said on his Instagram account after it…
Sports | New York Post

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White Milano Trade Show Continues to Highlight Sustainable Fashion

MILAN — Sustainability was a key theme at the press conference held on Wednesday here to present the White Milano trade show running Feb. 22 to 25.
“White has in its DNA the vocation to experiment, anticipating and grasping the changes of the fashion system”, said White Milano founder Massimiliano Bizzi, announcing a new project in collaboration with a finalist of the 2018 edition of the Green Carpet Fashion Awards, Matteo Ward, as the creative director of “GIVE A FOK-us — Focus on the Unfocused.”
The project will allow communication with the younger generations, who are “more and more attentive to the traceability of fashion products. We believe it’s also a chance for buyers to renew their retail offer in a conscious way.”
“We are living in a moment of revolution of the fashion system, where we must run to realign the focus of our activities with the real needs of an exhausted planet, an exploited society and of individual people,” said Ward, pointing to a need to follow the example of other industries such as food and automotive, and “make sustainability fashionable. This path can give us a competitive advantage over the fast-fashion brands, which, by the way, are the most

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The Kristaps Porzingis Trade is All About Kevin Durant for the Knicks

The Knicks traded Kristaps Porzingis to the Mavericks on Thursday in a deal that could possibly clear space for Kevin Durant and another superstar during the 2019 NBA free agency period. But will their big gamble pay off? There are no guarantees.

Latest News

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NBA trade deadline: Six buyers and four sellers to watch

Because of roster flaws, every team currently projected to make the playoffs (except the Golden State Warriors) could be listed in the buy category heading into the Feb. 7 NBA trade deadline. However, because the market is saturated with more buyers than sellers, finding a deal will be challenging. Also consider that every playoff team is looking for a 6-foot-7 wing who can defend, not disrupt chemistry and make an occasional 3. Sounds easy, but those players are rarely available in trades. "Last year, there were at least 12 teams who were proposed sellers, not including Cleveland, who felt pressure to make a trade to appease LeBron [James]," one general manager told ESPN. "This year, that number is half. Factor in also that the deadline is pushed up two weeks from the last Thursday in February, so more teams think that making the playoffs is obtainable." Let’s look at six sellers and four buyers, including how the news that…
ABC News: Sports

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Markets rise on hopes of breakthrough in trade talks with China

Wall Street caught a bounce Friday as traders got renewed faith in trade talks between the US and China. Major indices were up more than 1 percent, with the Dow Jones industrial average gaining 336.25 points, or 1.4 percent, to close the day at 24,706.35. Other indices followed suit with the S&P 500 popping 1.3…
Business | New York Post

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US officials debate lifting tariffs on China to get a trade deal: WSJ

Lifting tariffs could clear the way for deeper concessions from Beijing, sources told The Wall Street Journal.
Economy

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U.S. expects China’s top trade negotiator to visit ‘most likely’ this month

U.S. officials expect China’s top trade negotiator may visit Washington this month, signaling that higher-level discussions are likely to follow this week’s talks with mid-level officials in Beijing as the world’s two largest economies try to hammer out a deal to end a tit-for-tat tariff war.


Reuters: Arts

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UPDATE 2-U.S. to seek comprehensive agriculture access in EU trade talks

The United States on Friday
signaled it would not bow to the European Union’s request to
keep agriculture out of planned U.S.-EU trade talks, publishing
negotiating objectives that seek comprehensive EU access for
American farm products.


Reuters: Company News

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U.S. expects China’s top trade negotiator to visit ‘most likely’ this month

U.S. officials expect China’s top trade negotiator may visit Washington this month, signaling that higher-level discussions are likely to follow this week’s talks with mid-level officials in Beijing as the world’s two largest economies try to hammer out a deal to end a tit-for-tat tariff war.


Reuters: Business News

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Asian Markets Mixed Amid Cautious Trade

Asian stock markets are mixed on Tuesday with investors treading cautiously as they awaited the outcome of the high-level U.S.-China trade talks currently underway in Beijing. The U.S. and China will resume their second day of negotiations on trade today. Deputy U.S. Trade Representative Jeffrey Gerrish is leading the U.S. team at the two-day meeting.
RTT – Top Story

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Australia Has A$1.925 Billion Trade Surplus

Australia had a seasonally adjusted merchandise trade surplus of A$ 1.925 billion in November, the Australian Bureau of Statistics said on Tuesday.
RTT – Economic News

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Trump says ‘big progress’ on possible China trade deal

U.S. President Donald Trump said on Twitter that he had a “long and very good call” with Chinese President Xi Jinping and that a possible trade deal between the United States and China was progressing well.


Reuters: Business News

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Mets, potential trade chip Travis d’Arnaud agree to 1-year deal

Whether Travis d’Arnaud remains with the Mets is another question, but the catcher has avoided arbitration by agreeing to a one-year deal with the club for $ 3.515 million, an industry source confirmed Saturday. D’Arnaud earned $ 3.475 million last season, when he appeared in just four games before undergoing Tommy John surgery. The Mets expect he…
Sports | New York Post

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China buys first US soybeans since trade war

Newsy

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Winter meetings’ biggest trade was made from the hospital

Jerry Dipoto will literally trade from anywhere. The Mariners general manager is baseball’s biggest dealer, and that reputation was perpetuated at the winter meetings in Las Vegas when he acquired Edwin Encarnacion from the Indians. But it wasn’t that he made the trade that was shocking, but where he made it. Dipoto was admitted to…
Sports | New York Post

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Optimism About Trade Talks Leads To Strength On Wall Street – U.S. Commentary

Following the substantial volatility seen in the previous session, stocks closed mostly higher on Wednesday, as traders expressed renewed optimism about U.S.-China trade talks after waffling between hopeful and skeptical on Tuesday.
RTT – Top Story

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Asian Markets Advance On U.S.-China Trade Optimism

Asian stock markets are in positive territory on Wednesday despite the mixed cues from Wall Street amid optimism about U.S.-China trade relations. News that China plans to cut tariffs on U.S.-made cars to 15 percent and that a Canadian court has granted bail to Chinese telecom giant Huawei’s CFO Meng Wanzhou boosted investor sentiment.
RTT – Top Story

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German Investor Confidence Unexpectedly Improves Amid Brexit, Trade Risks: ZEW

German investor confidence rose strongly in December, defying expectations for a modest weakening, but caution prevailed as financial analysts’ assessment of the current economic situation again deteriorated sharply due to sluggish economic growth and uncertainties linked to global trade and Brexit. The ZEW Indicator of Economic Sentiment for Germany rose 6.6 points to reach minus 17.5 points.
RTT – Economic News

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Stocks Extending Sell-Off Amid Skepticism About Trade Deal – U.S. Commentary

Stocks have shown a substantial move to the downside in morning trading on Thursday following the national day of mourning on Wednesday. The major averages are posting steep losses, extending the sharp pullback seen on Tuesday.
RTT – Top Story

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Trade grades: What the Bucks-Cavs deal means

The deal Bucks get: Guard George Hill and forward Sam Dekker Cavaliers get: Guard  Matthew Dellavedova, center John Henson, a 2021 first-round pick and a 2021 second-round pick Get more trade grades for every deadline deal here Milwaukee Bucks: A For the Bucks, this is probably two parts a long-term salary move and one part a basketball move for this season. Dellavedova and Henson were set to make a combined $ 20.1 million in 2019-20, the final season of their contracts, when Dekker will be a restricted free agent (if Milwaukee chooses to make him a qualifying offer) and Hill’s $ 18 million salary is just $ 1 million guaranteed through July 1. That gives the Bucks more flexibility going into what figures to be a fascinating offseason for one of this season’s pleasant surprises. Of Milwaukee’s five…
ABC News: Sports

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US firms doing business in China now vulnerable after Huawei arrest: Former US trade advisor

There's a good chance the Chinese will retaliate for the arrest of Huawei CFO Meng Wanzhou by targeting American businesses in China, says former assistant U.S. trade representative Jeff Moon.
Economy

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US trade deficit reached 10-year high in October

Newsy

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Australia Trade Data Due On Thursday

Australia will on Thursday release October figures for retail sales and trade balance, highlighting a light day for Asia-Pacific economic activity.
RTT – Economic News

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US-China trade truce gives a boost to Wall Street

Stocks rose on Monday, boosted by gains in trade-sensitive industrial and technology stocks after the US and China agreed upon a temporary trade detente. Washington and Beijing agreed to a 90-day trade ceasefire during the G20 summit in Argentina on Saturday and President Trump said China has agreed to “reduce and remove” tariffs below the…
Business | New York Post

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New Zealand Q3 Terms Of Trade Slide 0.3%

New Zealand’s terms of trade fell a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, Statistics New Zealand said on Monday.
RTT – Economic News

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Trade war’s impact on real estate investment is unclear: Knight Frank

Liam Bailey of Knight Frank says the U.S. housing market is "relatively well placed" compared to other parts of the world. Any impact from the trade war will come through a hit to sentiment, which may slow down demand for real estate, he adds.

Real Estate

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U.S., China agree trade war ceasefire after Trump, Xi summit

China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1.


Reuters: Business News

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US, Canada, Mexico sign trade agreement

Associated Press

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Trade tariffs, higher interest rates are slowing global economic growth, OECD says

Amid prolonged trade disputes and rising interest rates, the global economy will continue to slow down next year, according to the OECD's latest forecasts. But the Paris-based group doesn't see a recession on the horizon. 
World News & Analysis

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Exclusive: China sends written response to U.S. trade reform demands – sources

China has delivered a written response to U.S. demands for wide-ranging trade reforms, three U.S. government sources said on Wednesday, a move that could trigger negotiations to bring an end to a withering trade war between the world’s top economies.


Reuters: Top News

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Trade routes that shaped world history

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Trade routes are routes that are used on a widely known basis to transport goods to and from different places. Some trade routes across the world are more significant than others, due to the course that they take or the goods that are transported along them; some of them are important culturally because they were used to experience things you can’t buy, like religion. Here are some of the trade routes that shaped world history.

Amber Road

The Amber Road has been used to transport goods since the year 3,000 B.C. Amber might not seem like it has any significance to us, but it has actually been incredibly useful and valuable over the years. The Romans valued amber very highly for decorative purposes, and it played a big role in the design of their homes, palaces and other buildings, which we have been able to discover today thanks to Amber’s long lasting quality. The ‘Amber Highway’ as it came to be called has also been witness to a lot of deaths, following the rise of demand for Amber in the 12th and 13th centuries, where people would kill merchants who were transporting the precious stone.

Silk Road

The Silk Road is not just one of the most famous trade routes in the world, it’s also one of the oldest, and its use dates back to as far as the first century B.C! It was used by the ancient civilizations of China and by the Roman Empire. At first, the route was used to transport a lot of practical and luxury items, ranging from anything between wool and gold, but over time, more important things were transported down this route; knowledge, trade secrets, art, and religion. Of course, one of the most famous products transported down this trade route was silk, which started during the Han Dynasty. The Chinese were so protective of their trade route that they constructed the Great Wall of China, just to keep it safe!

The Salt Route

Salt might just seem like an everyday household commodity now, but hundreds and thousands of years ago, salt was incredibly precious – so much so that in the Roman age, it actually used to make up a portion of people’s wages. It is used for food and for flavoring, to preserve things, and to heal things with its antiseptic qualities. It is so versatile and used to be so difficult to get hold of that salt routes were crucial. There were several trade routes known as ‘salt roads’ such as Via Saleria in Italy and the Old Salt Route in Germany.

Tea Horse Road

There’s no denying we all like a cup of tea every now and then (daily if you’re British), but do you know how dangerous transporting tea used to be? The Tea Horse Road is one of the most precarious of all the world famous trade routes, with over 6,000 miles of winding roads through mountains and over rivers. Of course, one of the main commodities transported along this route was Chinese tea, but it was also the route for trading Tibetan Warhorses too.

These trade routes have all changed the world around us, in one way or another. Without some of these famous (and often dangerous) trade routes, we wouldn’t have commodities such as tea or salt in our homes today. How strange would that be?

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European Commissioner: Trade war is ‘unacceptable,’ it’s time for countries to work together

European Commissioner for Health and Food Safety Vytenis Andriukaitis on Tuesday denounced the protectionism he said is keeping countries and their people from seeing as much success as they otherwise would.
Top News & Analysis

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Trade war, spy claims cloud horizon for China airshow

Trade frictions with the United States and accusations of industrial espionage are set to cast a cloud over China’s largest aerospace meeting this week, as suppliers consider what the country’s slowing economy could mean for booming jet demand.


Reuters: Business News

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Luxury car owners trade up for American pickups as Ford, GM and Dodge trucks dominate market

While trucks have traditionally been the sort of vehicles you'd expect to see on a farm or at a work site, demand has been surging among regular buyers who are opting out of sedans and coupes and replacing their family vehicles with pickups and SUVs.
Tech

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Stocks Move Sharply Higher On Optimism About Trade Talks – U.S. Commentary

After initially showing a lack of direction, stocks moved sharply higher over the course of the trading session on Thursday. With the gains on the day, the major averages extended the strong upward move seen over the two previous sessions.
RTT – Top Story

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New Zealand Trade Deficit NZ$1.560 Billion

New Zealand posted a merchandize trade deficit of NZ$ 1.560 billion in September, Statistics New Zealand said on Thursday – representing 36 percent of exports.
RTT – Economic News

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‘People are worried and people are scared.’ These workers are hurt by Trump’s trade war, but ineligible for his bailout

The administration’s $ 12 billion bailout is available to specific farmers, but there is no bailout mechanism for a host of other firms losing cash from the trade battle, such as shipping, grain elevators and farm equipment vendors.
Business

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Chinese official tells American investors at a meeting: We don’t fear a trade war with the US

"China never wants a trade war with anybody, not to mention the U.S., who has been a long term strategic partner, but we also do not fear such a war," a leading member of a key Chinese committee tells American business leaders.
Asia-Pacific News

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Mexico says new U.S. trade deal won’t block other economic relations

Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico’s new trade deal with the United States and Canada will not impede economic relations with other countries, according to a foreign ministry statement.


Reuters: Business News

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Asian Markets Mostly Lower In Cautious Trade

Asian stock markets are mostly lower on Wednesday with investors treading cautiously following the mixed cues from Wall Street amid lingering worries about the impact of rising interest rates and U.S.-China tensions. Investors also digested U.S. President Donald Trump’s comments that he did not like the Federal Reserve’s decision to continue raising interest rates.
RTT – Top Story

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Trade tensions could trigger another global financial crisis, but investors appear complacent: IMF

The International Monetary Fund warned on Wednesday that "a further escalation of trade tensions, as well as rising geopolitical risks and policy uncertainty in major economies, could lead to a sudden deterioration in risk sentiment."
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Trump administration says trade pact will bring auto jobs back to U.S.

U.S. Commerce Secretary Wilbur
Ross sees tens of thousands of jobs flowing back into the U.S.
auto sector, especially among suppliers, thanks to the Trump
administration’s new trade deal with Mexico and Canada, while
industry executives and analysts are less upbeat as higher costs
could hurt sales.


Reuters: Company News

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