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Mexico and U.S. gear up for tariff talks as Trump doubles down on threat

June 2, 2019 admin Comments Off on Mexico and U.S. gear up for tariff talks as Trump doubles down on threat

Mexican and U.S. officials were preparing on Sunday for upcoming talks aimed at averting a major trade clash after U.S. President Donald Trump vowed to impose punitive tariffs on all Mexican goods in an intensifying dispute over migration.

…read more […]

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Facebook in talks with U.S. derivatives regulator over digital currency plans: FT

June 2, 2019 admin Comments Off on Facebook in talks with U.S. derivatives regulator over digital currency plans: FT

Facebook Inc is in talks with the U.S. derivatives regulator, the Commodity Futures Trading Commission (CFTC), over the social media company’s plans for a digital currency, the Financial Times reported on Sunday.

…read more […]

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Business News

Some Boeing 737 MAX planes may have faulty parts: FAA

June 2, 2019 admin Comments Off on Some Boeing 737 MAX planes may have faulty parts: FAA

The U.S. Federal Aviation Administration said on Sunday some Boeing Co 737 MAX and NG planes may have parts that were improperly manufactured and that it will require their replacement, the latest issue to hit the plane manufacturer.

…read more […]

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Mexican president says he wants to stay friends with Trump, American people

June 2, 2019 admin Comments Off on Mexican president says he wants to stay friends with Trump, American people

Mexican President Andres Manuel Lopez Obrador said on Sunday that Mexico is a friend of the American people and that he wants to continue being friends with his U.S. counterpart Donald Trump.

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Mexico and U.S. gear up for tariff talks, Trump doubles down on threat

June 2, 2019 admin Comments Off on Mexico and U.S. gear up for tariff talks, Trump doubles down on threat

Top Mexican and U.S. officials on Sunday prepared for crunch talks next week aimed at averting a major trade clash after U.S. President Donald Trump vowed to impose punitive tariffs on all Mexican goods in an intensifying dispute over migration.

…read more […]

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Exclusive: FCA discusses improved Renault merger bid to win French backing

June 2, 2019 admin Comments Off on Exclusive: FCA discusses improved Renault merger bid to win French backing

Fiat Chrysler is discussing a Renault special dividend and stronger job guarantees in a bid to persuade the French government to back its proposed merger between the carmakers, sources close to the discussions said.

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Top Trump official says tariffs on Mexico will not derail trade deal

June 2, 2019 admin Comments Off on Top Trump official says tariffs on Mexico will not derail trade deal

Top administration officials said on Sunday that U.S. President Donald Trump’s proposed tariffs on Mexican imports would not interfere with the finalization of a North American trade pact and were designed to force Mexico’s hand in immigration talks.

…read more […]

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Business News

Mexico starts talks in Washington early over U.S. tariff threat

June 2, 2019 admin Comments Off on Mexico starts talks in Washington early over U.S. tariff threat

Mexico’s Economy Minister Graciela Marquez said on Sunday she would meet with U.S. Commerce Secretary Wilbur Ross in Washington on Monday, two days before the neighboring countries are due to discuss possible tariffs on Mexican goods.

…read more […]

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Explainer: Why Google has a target on its back in Washington

June 2, 2019 admin Comments Off on Explainer: Why Google has a target on its back in Washington

The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition, two sources familiar with the matter said.

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Italy says it won’t seek fight with EU, amid talk of government crisis

June 2, 2019 admin Comments Off on Italy says it won’t seek fight with EU, amid talk of government crisis

The Italian government is confident it can reach a compromise with Brussels and avoid sanctions over its deteriorating public finances, the economy minister said as talk of a looming government crisis grew.

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Mexico’s Economy Minister to meet Wilbur Ross over U.S. tariff threat

June 2, 2019 admin Comments Off on Mexico’s Economy Minister to meet Wilbur Ross over U.S. tariff threat

Mexico’s Economy Minister Graciela Marquez said on Sunday she would meet with U.S. Commerce Secretary Wilbur Ross in Washington on Monday, two days before the neighboring countries are due to discuss possible tariffs on Mexican goods.

…read more […]

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China says U.S. can’t use pressure to force trade deal

June 2, 2019 admin Comments Off on China says U.S. can’t use pressure to force trade deal

The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said on Sunday, refusing to be drawn on whether the leaders of the two countries would meet at the G20 summit to bash out an agreement.

…read more […]

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Global airlines slash profit forecast on protectionism fears

June 2, 2019 admin Comments Off on Global airlines slash profit forecast on protectionism fears

Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries about an overdue industry slowdown.

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Japan Airlines looks to deepen partnership with Malaysia Airlines

June 2, 2019 admin Comments Off on Japan Airlines looks to deepen partnership with Malaysia Airlines

Japan Airlines Co Ltd (JAL) may expand a joint venture with Malaysia Airlines to cover U.S. flights and other Asian routes in the future, the Japanese carrier’s president said.

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Airbus close to deal to sell A330neo to Virgin Atlantic: sources

June 2, 2019 admin Comments Off on Airbus close to deal to sell A330neo to Virgin Atlantic: sources

Europe’s Airbus is close to a deal to sell A330neo wide-body passenger jets to Virgin Atlantic, people familiar with the matter said on Sunday.

…read more […]

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