News About World Trade 09-NOV-09 en-us Port Said, Egypt (AFP) Nov 8, 2009 - With cheap labour, investment incentives and unrestricted exports, one Chinese textile group has turned to Egypt as an ideal location to produce its ready-made garments, beating stiff competition at home.]]> New York (AFP) Nov 4, 2009 - The attorney general of New York state filed an antitrust lawsuit against Intel Corp. on Wednesday alleging the US computer chip giant engaged in illegal practices to dominate the market.]]> Washington (AFP) Nov 4, 2009 - The United States, joined by the EU and Mexico, asked the World Trade Organization Wednesday to rule on a dispute over Chinese restrictions on raw materials exports, officials said.]]> Sydney (AFP) Nov 5, 2009 - Australia said Thursday it had approved a bid by China's Wuhan Iron and Steel Co to take a 271 million dollar (246 million US) stake in an iron ore project of miner Centrex.]]> New Delhi (AFP) Nov 6, 2009 - The European Union and India pledged Friday to push ahead with attempts to conclude a free-trade agreement next year but said much hard work needed to be done to break logjams holding up a deal.]]> Beijing (AFP) Nov 6, 2009 - China slammed new US tariffs on Chinese steel goods Friday and launched its own probe into US car imports as a tit-for-tat trade tussle escalated just a week before a visit by US President Barack Obama.]]> Sydney (AFP) Nov 3, 2009 - Anglo-Australian miner Rio Tinto said China could be priced differently from other iron ore markets in 2010, as it warned that "unfair" costs would make talks difficult, reports said Tuesday.]]> London (AFP) Nov 3, 2009 - Global banking giant HSBC is to cut more than 1,700 jobs across its retail banking division in Britain, a spokesman said on Tuesday.]]> Baghdad (AFP) Nov 1, 2009 - The Baghdad International Fair opened its doors on Sunday for the first time since 2002 as Iraq searches for investors to rebuild its moribund economy after years of violence and sanctions.]]> Beijing (AFP) Nov 2, 2009 - China's Sinopec, Asia's largest oil refiner, said Monday that it would team up with Japan's Mitsui Chemicals to invest a combined 60 billion yen (732 million dollars) to build two plants in Shanghai.]]>