trade

During the president’s visit to Tokyo, the U.S. on Monday announced the countries that are joining the new Indo-Pacific Economic Framework.

With the U.S., EU and U.K. looking to phase out Russian gas imports, western leaders could look to LNG projects in sub-Saharan Africa to soften the landing.

Major airlines last rolled out incentive pay ahead of the year-end holidays to stem a staffing shortage.

India is expected to announce a payment arrangement that would allow trade with Russia to continue, the president of an Indian exporters’ association told CNBC.

The Boeing 737-800 plane had 132 people on board, including 123 passengers and nine crew members.

China’s trade surplus could narrow to $238 billion this year – about 35% of the historic $676 billion attained last year, according to ANZ Research estimates.

China could provide a major buffer for the Russian economy. But whether that’s entirely in Beijing’s interest to do so is another matter.

Nations are likely to look for alternative payment systems to reduce their current dependence on the dollar, says Richard Turrin.

The latest steps to punish Moscow for invading Ukraine were revealed after Biden called on the U.S. to revoke Russia’s “most favored nation” trading status.

Biden called on Congress to revoke Russia’s “most favored nation” status. He also banned imports of Russian vodka and seafood and exports of U.S. luxury goods.

Russian forces are shutting off shipping routes, logistics providers are suspending services, and air freight rates are skyrocketing.

Many Southeast Asian economies are net oil importers and are set to come under “quite a lot of pressure,” Nafte told CNBC’s “Street Signs Asia” on Wednesday.

In recent days, all four companies have drawn criticism for continuing to operate in Russia while other U.S. companies backed out and paused sales.

Boeing handed over 22 planes to customers in February, its fewest since August.

China’s emphasis on its own food production and security helps mitigate the impact of the Russia-Ukraine conflict on domestic food prices, analysts said.

“Our preparations include a possible suspension of Maersk bookings to and from Russia on ocean and inland,” Marsek said on Monday.

In the hours after Russia invaded Ukraine, the U.S., U.K. and European Union announced new sanctions aimed at isolating Moscow from the global economy.

European Commission President Ursula von der Leyen tells CNBC that energy sanctions against Russia are still an option, if Russia invades Ukraine.

The U.S. Department of Agriculture announced Friday that imports of Mexican avocados could resume after a brief pause.

New deal between UAE and India could grow bilateral trade in goods to over $100 billion and trade in services over $15 billion in the next five years. New economic partnership agreement includes reduced tariffs and enhanced market access for businesses on both sides.  DUBAI, United Arab Emirates — The United Arab Emirates and India have signed a wide ranging…