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NAFTA talks intensify; U.S. seen putting off key demand on autos

September 23, 2017 by  
Filed under News

OTTAWA (Reuters) – Talks to update the North American Free Trade Agreement intensified on Saturday although U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues.


Source: Reuters Business News

Uber, reviving old tactic, is backed by more than 500,000 in London row

September 23, 2017 by  
Filed under News

SAN FRANCISCO/LONDON (Reuters) – Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on the roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators.


Source: Reuters Business News

Britain's minister for London slams 'blanket ban' on Uber

September 23, 2017 by  
Filed under News

LONDON (Reuters) – A British government minister has criticized the London authorities for deciding to strip Uber of its taxi licence, a major setback to the U.S. technology firm that has become a big player in the city’s transport system.


Source: Reuters Business News

Wells Fargo hires new law firm to prepare CEO for Senate appearance

September 22, 2017 by  
Filed under News

NEW YORK (Reuters) – Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.


Source: Reuters Business News

Take Five: World markets themes for the week ahead

September 22, 2017 by  
Filed under News

LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.


Source: Reuters Business News

Wall Street lukewarm on Chipotle's new 'queso' amid customer scorn

September 22, 2017 by  
Filed under News

LOS ANGELES (Reuters) – Chipotle Mexican Grill Inc’s new “queso” cheese sauce is going over better on Wall Street than on Twitter, where one person called it a “crime against cheese.”


Source: Reuters Business News

Exclusive: T-Mobile, Sprint close to agreeing on deal terms – sources

September 22, 2017 by  
Filed under News

(Reuters) – T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.


Source: Reuters Business News

Wall St. flat as gains in energy, industrials offset healthcare losses

September 22, 2017 by  
Filed under News

(Reuters) – U.S. stocks were little changed in early afternoon trading on Friday as losses in healthcare and technology stocks were evened out by gains in energy and industrial stocks.


Source: Reuters Business News

Ryanair crisis exposes low-cost scramble for senior pilots

September 22, 2017 by  
Filed under News

DUBLIN/BERLIN (Reuters) – Ryanair blames an internal “cock up”, but its cancellation of 2,000 flights exposes the struggle that low-cost carriers face as they risk growing faster than their ability to recruit experienced pilots.


Source: Reuters Business News

Diesel's disgrace brings hybrids-for-all in race to electrify

September 22, 2017 by  
Filed under News

FRANKFURT (Reuters) – Carmakers squeezed between carbon emissions cuts and falling sales of fuel-efficient diesels have used the Frankfurt auto show to spotlight a future generation of electric cars that will largely come too late to help them out of their bind.


Source: Reuters Business News

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