TRADE WARS - BIO FUEL DAILY

Chinese cargo ship opens new trade route to Europe

Aug 10, 2013 (AFP)

A 19,000-tonne cargo vessel is making the first journey by a Chinese merchant ship to Europe via the Northeast Passage, a shortened route that could revolutioni...

Retailers Tesco,CRE plan China giant

Aug 09, 2013 (AFP)

Britain's biggest retailer, supermarket chain Tesco, said on Friday that it is in exclusive talks over combining its Chinese operations with those of China Reso...

China July exports, imports unexpectedly jump

Aug 08, 2013 (AFP)

China's imports and exports showed an unexpected jump in July, government data showed Thursday in a positive sign for the world's second-biggest economy after p...

Head of China Resources denies corruption allegations

Aug 08, 2013 (AFP)

The head of giant state-owned conglomerate China Resources has denied allegations of malpractice in a takeover deal after claims he has links with several forme...

China fines formula firms $108 million for price-fixing

Aug 07, 2013 (AFP)

China said Wednesday it has fined six mostly foreign baby formula producers including New Zealand's scandal-hit Fonterra a total of $108 million for price-fixin...

Australia upholds mining tax

Aug 07, 2013 (UPI)

Australia's High Court has upheld a challenge to the country's mining tax. The Mineral Resource Rent Tax, or MRRT, introduced in July 2012, applies to profits o...

Philippines detains 18 Chinese for illegal mining

Aug 06, 2013 (AFP)

The Philippines has detained 18 Chinese men on suspicion of illegal black sand mining in the northern coastal town of Aparri, the justice department said Tuesda...

Sri Lanka launches Chinese-built mega port

Aug 05, 2013 (AFP)

Sri Lanka Monday launched a China-funded port which will be the island's biggest and is intended to make Colombo a strategic shipping hub along the world's most...

Outside View: U.S. trade deficit slowing growth, destroying jobs

Aug 05, 2013 (UPI)

The U.S. Commerce Department is expected Tuesday to report the June deficit on international trade in goods and services was $43 billion. Overall, the deficit i...

Sri Lanka eyes South Asian hub with Chinese mega port

Aug 04, 2013 (AFP)

A $500 million Chinese-built port opens Monday in Sri Lanka, giving Beijing a vital foothold on the world's busiest international shipping lane as it seeks to s...

Netherlands redraws shipping lanes for crowded North Sea

Aug 02, 2013 (UPI)

The crowded North Sea shipping lanes off the Netherlands this week began operating under a sweeping new set of traffic rules meant to optimize safety. The Rijks...

Hong Kong billionaire plans huge Australian casino

Aug 02, 2013 (AFP)

A Chinese billionaire has revealed plans for a Aus$4.2 billion (US$3.7 billion) tropical resort and casino in Australia which he says will be a "man-made wonder...

WTO rules against China in US chicken dispute

Aug 02, 2013 (AFP)

China breached the rules of global commerce by imposing duties on imports of US chicken, the World Trade Organization ruled Friday, saying Beijing must fall int...

Chinese workers strike over takeover of US firm

Jul 31, 2013 (AFP)

Nearly 5,000 Chinese workers at a Sino-US joint venture tyre manufacturer are on strike in protest at the American parent company's $2.5 billion takeover by an ...

China owes Hollywood millions after halting payment for films

Jul 30, 2013 (AFP)

China has stopped paying Hollywood studios for its films in a dispute over a Chinese tax on movie profits, Hollywood trade papers reported Tuesday. Tens of mill...

Small Indian retailer locked in trademark fight with Gap

Jul 28, 2013 (AFP)

An Indian recycling company which uses junk to create accessories is fighting a legal trademark suit launched by US clothing giant Gap Inc demanding that the fi...

Asia A-listers take their seat on fashion front row

Jul 28, 2013 (AFP)

Arriving at a Christian Dior fashion show in Paris surrounded by a gaggle of photographers and minders, Korean star Gianna Jun quickly eclipsed the already seat...

Myanmar revises controversial Chinese-backed mine deal

Jul 25, 2013 (AFP)

Myanmar has revised a controversial copper mine deal with a Chinese company, officials said Thursday, after a series of protests against the project that trigge...

Anger over Spanish corruptioin spills into streets

Jul 19, 2013 (UPI)

Public anger over claims of widespread corruption in government spilled into the streets of Madrid, leaving many injured in clashes between protesters and polic...

Mercosur mired in row over Paraguay's suspension

Jul 18, 2013 (UPI)

Latin America's leading trade bloc Mercosur emerged from its latest summit conference in the Uruguayan capital more divided than before the talks began. Despite...