Turkey wants to take it relations with the European Union to a new phase in a period when its trade with the bloc is more important, Finance Minister Berat Albayrak said on Monday.
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Mexican and U.S. officials are close to agreeing they have resolved their bilateral issues in the renegotiation of the North American Free Agreement (NAFTA) but a major issue must still be settled, a top Mexican official said on Monday.
U.S. President Donald Trump on Monday suggested the United States and Mexico were close to a “big deal” on trade after days of negotiations between the two partners in the North American Free Trade Agreement.
U.S. stocks opened higher on Monday, with the benchmark S&P 500 index and the Nasdaq hitting record highs on optimism around news that the United States and Mexico were closing in on a trade deal.
U.S. stock index futures pointed to a higher open on Monday as news that the United States and Mexico were closing in on a trade deal added to optimism about the economy, following recent reassuring comments from Federal Reserve Chairman Jerome Powell.
China pledged on Monday to tighten oversight of its transport industry and warned that the country did not need ride-hailing firms which compromised on passenger safety, days after a Didi Chuxing passenger was raped and murdered by her driver.
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The Turkish lira slid 3 percent against the dollar on Monday as local markets resumed trading after a week-long holiday and investors focused again on a bitter dispute between Ankara and Washington over an American pastor being tried in Turkey.
The Turkish lira tumbled nearly 5 percent against the dollar on Monday after a week-long holiday, hit by persistent concern about a diplomatic rift with Washington over a U.S. pastor on trial in Turkey.
Shares in Tesla Inc fell just over 3 percent on Monday after it abandoned a plan to take the electric carmaker private, with some analysts suggesting it should either replace Chief Executive Elon Musk or appoint another strong senior manager.
World stocks rose to their highest level in over two weeks on Monday, following reassuring comments from the U.S. Federal Reserve chief, signs of progress on a U.S.-Mexico NAFTA trade deal and a bid by China’s central bank to stabilize the yuan.
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