NAFTA talks run up against deadline; U.S. tariffs remain tough issue
With little time left ahead of a deadline to agree to a renewed NAFTA, Canadian and U.S. trade officials on Sunday tried to settle differences on tough issues such as protection against American tariffs.
Source: Reuters Business News
Saudi shelves $200 billion SoftBank Solar project: WSJ
Saudi Arabia has shelved a $200 billion plan with SoftBank Group Corp to build the world’s biggest solar-power-generation project, the Wall Street journal reported on Sunday, citing Saudi government officials.
Source: Reuters Business News
Trump to be briefed on NAFTA talks progress on Sunday: U.S. source
U.S. Trade Representative Robert Lighthizer and White House adviser Jared Kushner planned to brief President Donald Trump on Sunday on progress in talks between Canadian and U.S. officials on NAFTA, a U.S. source familiar with the discussions said.
Source: Reuters Business News
Germany's Thyssenkrupp ends leadership vacuum, paves way for split
Thyssenkrupp acted to end its leadership and strategy crisis on Sunday, as its supervisory board filled its two top management posts and approved plans to split the German conglomerate in two.
Source: Reuters Business News
Healthcare momentum rides on defensive appeal, earnings, election
Healthcare company shares have taken the lead in the record-setting U.S. stock market, and a desire for investors to become more defensive combined with potentially strong upcoming earnings could drive them even higher.
Source: Reuters Business News
GM will recall more than 3.3 million vehicles in China: market regulator
General Motors’ joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China’s market regulator said on Saturday.
Source: Reuters Business News
Knorr-Bremse discloses dispute with Bosch in IPO prospectus
German brake maker Knorr-Bremse [STELLG.UL] has disclosed a contractual dispute with Robert Bosch GmbH [ROBG.UL] ahead of a stock market flotation that could raise up to 4.2 billion euros ($4.9 billion).
Source: Reuters Business News
CBS faces New York probe tied to ex-CEO Leslie Moonves
CBS Corp is facing probes by both New York city and state officials tied to sexual assault and harassment accusations of its ex-chief executive Leslie Moonves, the company revealed in a regulatory filing on Friday evening.
Source: Reuters Business News
'We'll know in 48 hours': Mexico sees new hope of trilateral NAFTA
Mexico on Friday said the U.S. Trump administration and Canada were making serious efforts to resolve trade policy differences after days of bickering, raising hopes of saving the North American Free Trade Agreement as a trilateral pact.
Source: Reuters Business News
Google CEO will testify before U.S. House on bias accusations
Google Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that the company is biased against conservatives and will also attend a meeting with President Donald Trump, government officials said on Friday.
Source: Reuters Business News