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DHL ramps up its rail network and service along the new silk road
Bonn, Germany — In response to growing demand for rail freight services between Europe and Asia, DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has opened three additional Rail Competence Centers in Europe and…
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For businesses, Brexit is happening already
London, UK — Mylands paint, founded 135 years ago, has survived two World Wars, the Great Depression and the end of the British Empire by adapting its products and practices. So when it was faced with the economic upheaval threatened…
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Brexit divorce talks between UK and EU go down to the wire
London, UK — British Prime Minister Boris Johnson told Cabinet colleagues that it will require a “significant amount of work” to strike a Brexit deal with the European Union, amid signs of progress in last-minute talks but also deep-seated skepticism…
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Britain wants to avoid no deal Brexit, says British envoy to Canada
Ottawa, ON — Britain’s envoy to Canada says her government wants to avoid a no-deal Brexit departure from the European Union, and its presentation of documents to Brussels on Thursday was a step towards a last-ditch agreement. High Commissioner Susan…
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US China trade war leaves Europe as collateral damage
Frankfurt, Germany — Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the U.S. and China over trade. The bill for damages from the U.S-China collision will likely be…
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ONE opens dedicated container depot in Rotterdam
Rotterdam, The Netherlands — Ocean Network Express (ONE) and the Kramer Group have recently strengthened their partnership by opening a dedicated ONE Line container depot in the port of Rotterdam. The newly opened depot is strategically located at Rotterdam Maasvlakte…
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Budget watchdog says no deal Brexit will spur UK recession
London, UK — The U.K. will plunge into recession if it leaves the European Union without a divorce deal, with the pound plunging in value and the economy shrinking by 2% in a year, Britain’s official economic watchdog said Thursday.…
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Nova Scotia wants to replicate Chinese trade success with Europe
Halifax, NS — Nova Scotia has turned its trade focus to growing its European exports through a new strategy that builds on successful efforts to boost trade with China. Premier Stephen McNeil said Thursday that although the Nova Scotia-Europe Engagement…
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Canada joins new German France ‘alliance’ that doesn’t include U.S.
OTTAWA — Canada has formally joined a German-French coalition aimed at saving the international world order from destruction by various world dictators and autocrats — and U.S. President Donald Trump. The initiative is part of ongoing government efforts to shore…
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EU agrees terms for limited trade talks with US
Brussels, Belgium — The European Union approved Monday its terms for negotiating a new trade deal with the United States, but set up a possible show-down with Washington by refusing to include agricultural products in the talks. Making public the…
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China’s spreading influence in Eastern Europe worries West
Belgrade, Serbia — Coal-powered plants, mobile networks, major bridges, roads and railways: Chinese investments have been booming throughout Central and Eastern Europe’s cash-strapped developing countries, even as European Union officials scramble to counter Beijing’s mounting economic and political influence on…
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Trick or treat? EU, UK agree to delay Brexit until Halloween
Brussels, Belgium — As if Brexit hadn’t spooked Britain and the European Union enough over the past three years, the two sides agreed early Thursday to extend the deadline to Halloween. The new, Oct. 31 cutoff date averts a precipitous…