The e-commerce giant is reducing the fees it charges merchants to sell USB cables, smartphone screen protectors and other small items in an effort to better compete with other marketplaces that connect Chinese sellers with U.S. shoppers.
Can U.S. trade help lift Canada’s sagging economy?
Disappointing trade data may be testing Bank of Canada Governor Stephen Poloz’s faith in the ability of Canada’s struggling economy to rebound.
U.S. begins Open Skies era with Azerbaijan
The U.S.-Azerbaijan Open Skies Agreement, which liberalizes bilateral aviation between the two countries with the goal of facilitating trade and travel, is now in force.
Chilean ports gird against brown moth infestation
Agriculture officers are holding up vessel releases in Chile until full inspections for the moths can be completed outside the South American countries’ ports, according to Inchcape Shipping Services.
Vietnam nabs larger portion of European trade
Vietnam grabbed a portion of overall market share of European Union trade away from its fellow Southeast Asian nations last year, a trend that may continue following the conclusion of an EU-ASEAN free trade agreement.
Allianz Global: Expanded Panama Canal presents new risks, benefits
The accumulation of high value cargo will increase as bigger ships gather for passage through the newly expanded Central American waterway, increasing insurance risk, according to a new report from Allianz Global Corporate & Specialty.
MACY’S UNVEILS NEW CONCEPT STORE
As previously reported, Macy’s at Easton Town Center in Columbus, Ohio is getting a top-to-bottom makeover later this month. The overhaul promises that everything from the flooring to the fixtures will be “100 percent brand new” and the store will serve as a new prototype for the struggling retailer. So …
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RETAIL SALES RISE 0.5 PERCENT IN MAY
Results from the retail sales report for May are in, and they’re even better than analysts expected. After a rallying month in April, when sales surged 1.3 percent, the May numbers were up again by 0.5%. Ahead of the report, issued by the Commerce Department, economists predicted a 0.3% increase. …
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MJSA ANNOUNCES VISION AWARDS WINNERS
MJSA, the U.S. trade association dedicated to professional excellence in jewelry making and design, has announced the winners of this year’s Vision Awards. The awards honor outstanding talent and creativity in jewelry design amongst emerging designers. All nominees and winners submit their designs to MJSA in seven different categories, a …
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