Global Trade Financial News

25.10 / 18:32

Chainlink Vodafone Global Trade Vodafone and Chainlink Collaborate on Blockchain-Enabled Proof of Concept for Global Trade

Vodafone’s Digital Asset Broker (DAB) announced on Tuesday a collaborative proof of concept with Chainlink Labs, Sumitomo Corporation, and InnoWave. The initiative’s goal is to tackle existing obstacles in the $32 trillion global trade ecosystem. The partners revealed their efforts to improve the exchange of vital trade documents across multiple platforms and blockchains, focusing on security and interoperability.

20.10 / 03:45

Citi Cooper CEO Apple Nov President innovations Global Trade Civic group launches $4M campaign to boost embattled San Francisco ahead of global trade summit

San Francisco business leaders launched a new $4 million marketing campaign ahead of a global economic summit expected to bring tens of thousands of visitors to the embattled city

04.10 / 04:25

UPS Digital Platform Bill electronic Global Trade The 4 billion pieces of paper keeping global trade afloat

It is a system that has barely changed since the nineteenth century. But that dependence on bits of paper being flown from one party to another has become a vulnerability for companies which move and finance the world’s resources around the globe.

12.09 / 14:19

Progressive Manufacturing Strategy country Global Trade WTO WTO flags rising rifts in global trade

world economy. It argues a renewed drive towards integration - "re-globalization" - is the way to tackle current problems of security, poverty and climate change.

11.09 / 08:09

Provident Landmark Global Trade IMEC announces that G20 Leaders Summit will provide huge impetus to global trade

EEPC India chairman Arun Kumar Garodia. The US-backed corridor seeks to connect India with Europe via the Middle East by sea and port. This will redefine the movement of goods and services across the three continents He said that for India's engineering exports sector, both the Middle East and Europe are key markets, and having transport infrastructure of this scale will significantly enhance its competitiveness globally. Mr.

26.08 / 19:03

UPS show electronic Global Trade WTO Global trade growth poised for third-quarter rebound, WTO says

Global trade volumes will grow at a “moderate pace” in the third quarter of the year, continuing the uptick from the prior period after two quarters of decline, the World Trade Organization said. The WTO’s periodic goods barometer jumped to 99.1 from the previous reading of 95.6 announced in May, the Geneva-based organization said in a report published Thursday. The baseline of 100 indicates growth over the next quarter that’s in line with medium-term trends. High commodity prices, tighter monetary conditions, and anemic import demand have weighed on global trade volumes, the report said.

07.08 / 08:51

Manufacturing country Global Trade Import licensing a pragmatic step amidst new realities of global trade

semiconductors, from this month. Trade tensions between China and the US don’t look like easing any time soon despite the Biden administration’s overtures to Beijing, including visits to China by top US officials such as Yellen. This has inescapable consequences for global trade.

01.08 / 04:32

COST UPS Citi FIVE Manufacturing country Global Trade War, AI and climate change shake up $32 trillion in global trade

These moments, which might seem unrelated, represent a transformation in world trade. US-China tensions and Russia’s invasion of Ukraine are leading companies to bring supply chains closer to home. A shift from fossil fuels is spurring demand for materials essential for electrification.

15.07 / 05:57

COST UPS Provident Cooper Progressive Manufacturing Landmark Global Trade How India-UAE trade is enhancing global trade competitiveness of both economies

CEPA a historical landmark, considering that it was signed within 88 days of negotiations, but it also provided a blueprint for other ongoing trade negotiations, including with the Gulf Cooperation Council (GCC) countries. CEPA envisions to grow the total value of merchandise trade between both countries to $100 billion by 2027.

11.07 / 20:49

UPS Provident Target Aviat boost Global Trade Global Biofuel Alliance to boost global trade: Puri

New Delhi: The Global Biofuel Alliance (GBA) will boost global trade and secure availability of biofuels, said the union minister for petroleum and natural gas Hardeep Singh Puri. Addressing an event here on Tuesday, the minister said: "The alliance will provide a boost to global trade, secure the supply and availability of biofuels and coordinate internationally recognized standards and codes." The alliance will be a competent organization which will set technical standards for sustainable aviation fuel business in collaboration with relevant industry bodies. It would have a three-category membership structure bringing together member countries, partner organizations and industries.

07.07 / 16:37

Digital Cooper Progressive Interface Global Trade India is at forefront of global trade facilitation efforts: UNESCAP survey

India is at the forefront of global trade facilitation efforts, with an impressive score of 93.55 per cent in 2023 vis a vis 90.32 per cent in 2021, as per the recently released United Nations Economic and Social Commission for Asia Pacific's (UNESCAP) Global Survey on Digital and Sustainable Trade Facilitation. The 2023 survey covers more than 140 economies and evaluates 60 trade facilitation measures.

03.07 / 20:07

UPS Target Strategy Global Trade Global trade fairs on cards; sectoral targets for $1 trillion exports by ’30

food, textiles and auto components, on the lines of Messe Frankfurt, Gulfood and Canton Fair, to achieve 12% growth in goods exports by 2030. These suggestions figured in a meeting held by commerce and industry minister Piyush Goyal with industry and exporters on Monday.

12.04 / 13:15

Global Trade WTO Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says

The war in Ukraine and stubborn inflation around the world are expected to hold back growth in global trade this year, restraining the pace of economic recovery even as the world emerges from the height of the pandemic.

11.04 / 07:27

Global Trade WTO Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says

10.04 / 11:47

Global Trade WTO Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says

08.04 / 17:47

Global Trade WTO Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says

07.04 / 10:07

Global Trade WTO Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says

06.04 / 07:47

Global Trade WTO Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says

05.04 / 13:17

Global Trade WTO Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says

12.01 / 19:41

Manufacturing Global Trade Biden Administration’s Big Manufacturing Push Could Transform Global Trade

In just over a year, the U.S. has passed three huge budget measures aimed at transforming its domestic economy—by rebuilding infrastructure, accelerating a clean-energy transition, and boosting manufacturing in semiconductors and the automotive industry.

24.12 / 02:15

economy Bitcoin Dollar Global Trade Economic frailty could soon give Bitcoin a new role in global trade

The chaos we’ve experienced in global markets this year — global geopolitical upheaval magnified by the confluence of broken supply chains, inflation and heavy national debt loads — seems to signal the beginning of a new era. All of this is within the context of the United States dollar serving as the primary global reserve currency, currently accounting for about 40% of global exports.

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