Canada, US Must Be United Against 'assertive China' -PM Trudeau
BEIJING, March 23 (Reuters) - China has never deliberately pursued a trade surplus with the United States, Shu Jueting, a commerce ministry spokesperson, said on Thursday, despite signs that China is continuing to reduce its reliance on American exports.
Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.
OTTAWA, March 24 (Reuters) - The United States and Canada must together build a North American market on everything from semiconductors to solar panel batteries, in the face of growing competition, including from an "increasingly assertive China," Prime Minister Justin Trudeau said on Friday.
TAIPEI, March 21 (Reuters) - Taiwan President Tsai Ing-wen will transit the United States to and from a visit to Central America on a trip starting at the end of this month, the presidential office said on Tuesday.
March 23 (Reuters) - The United States and Canada have reached a deal that would allow for the closure of an unofficial border crossing between New York state and the province of Quebec, but the final details still need to be worked out, a Canadian government source familiar with the talks told Reuters.
All our activities did very well," CEO Torbjorn Tornqvist told Reuters on the sidelines of the Financial Times Commodities Global Summit, declining to give figures as the firm's results are still being finalised. "It was a very, very good year.
7 shows that exports to China increased by $2.4 billion on the year to hit a "record high" of $153.8 billion in 2022, that is an "empty statement", according to a new report from the Peterson Institute for International Economics (PIIE). It identifies inflation as primarily responsible for this figure.
Some of it is weather related," he said. "Europe was taking about 110 billion cubic meters per year from Russia. and the rest is demand destruction, close to 20%. We think Europe was able to cover about half... That´s about 1,000 LNG cargoes.
LAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters.
The DOJ and the financial market regulator the CFTC have continued investigating the firm and Gunvor expects to pay a fine.
"We are looking at whether to take a provision on our books for 2022," Tornqvist said.
