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NAFTA talks run up against deadline; U.S. tariffs remain tough issue

September 30, 2018 by  
Filed under News

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

September 30, 2018 by  
Filed under News

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

September 30, 2018 by  
Filed under News

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

September 30, 2018 by  
Filed under News

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

September 30, 2018 by  
Filed under News

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

September 29, 2018 by  
Filed under News

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

September 29, 2018 by  
Filed under News

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

September 28, 2018 by  
Filed under News

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

September 28, 2018 by  
Filed under News

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

September 28, 2018 by  
Filed under News

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

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