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Citi: Russia may be testing US gas nerve with Europe push

Bloomberg Russia’s strong natural gas shipments to Europe may be an attempt to test the resilience of US exporters, according to Citigroup Inc. Shipments this year from Russia have helped boost European gas storage to near full capacity and exace- rbated the regio- n’s oversupply, the bank’s analysts including Ed Morse wrote in a June 9 report. One motivation for ...

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China exporters dodge US tariffs with fake made-in-Vietnam tags

Bloomberg Some Chinese exporters are going to extreme lengths to avoid the hit from Donald Trump’s tariffs. Vietnam said that it found dozens of fake product-origin certificates and illegal transfers by companies trying to sidestep US tariffs on everything from agriculture to textiles and steel. It was one of the first times an Asian government has publicly alleged such misbehaviour ...

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Alibaba picks CICC, Credit Suisse to lead Hong Kong offer

Bloomberg Chinese internet giant Alibaba Group Holding Ltd has picked China International Capital Corp (CICC) and Credit Suisse Group AG to lead a planned Hong Kong share sale, people familiar with the matter said. The online retailer is in discussions with other investment banks seeking a role on the offering, according to the people, who asked not to be identified ...

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