Canada took a first step toward ratifying the new North American trade agreement on Monday just three days ahead of U.S. Vice President Mike Pence’s trip to Ottawa to discuss the passage of the treaty.
Canada took a first step toward ratifying the new North American trade agreement on Monday just three days ahead of U.S. Vice President Mike Pence’s trip to Ottawa to discuss the passage of the treaty.
Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter.
Chinese telecoms equipment maker Huawei is reviewing its relationship with FedEx Corp after it claimed the U.S. package delivery company, without detailed explanation, diverted two parcels destined for Huawei addresses in Asia to the United States and attempted to reroute two others.
Oil prices rose more than 1% on Monday, supported by Middle East tensions and OPEC-led supply cuts as well as continued crude disruptions from Russia after a contamination problem discovered last month.
Israel Hidalgo and his wife left home around 7:30 a.m. to reach a supermarket across Havana because they heard it might be selling chicken, a staple of the Cuban diet increasingly scarce on the shortage-plagued island.
Renault board members will meet informally for work sessions within days with a view to a decision early next week on whether to go ahead with Fiat Chrysler merger talks, two sources with knowledge of the matter said.
When John Elkann lost his ally last year with the sudden death of Sergio Marchionne, some questioned whether the softly-spoken scion of the Agnelli clan would be able to emerge from his shadow to ensure Fiat Chrysler’s future.
EU-U.S. talks that could prevent the United States imposing punitive car tariffs have made some progress, but Washington must decide if it wants to negotiate with Brussels on a broad removal of import duties, the EU trade chief said on Monday.
Italy’s Deputy Prime Minister Matteo Salvini said on Monday the Rome government should take a stake in a combined Fiat Chrysler- Renault group if necessary, given the importance of the car sector for the domestic economy.
The United States will find it “very difficult” to defend President’s Donald Trump’s proposed car tariff against any challenge at the World Trade Organization, a veteran trade adjudicator who has ruled on a related case told Reuters.
The ties between French banker Benoit d’Angelin and President Emmanuel Macron could prove useful as d’Angelin’s boutique firm joins Goldman Sachs and Nomura to help arrange Fiat’s proposed merger with Renault.
The rise of the Greens, the “Greta effect” of a young Swedish climate activist and the entry of French President Emmanuel Macron’s party into the European Parliament are likely to result in a more defensive and climate-oriented EU trade policy.
Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker.
IKEA is launching a new app to allow customers to shop remotely for products they can visualize in the context of their own homes, lessening the need for them to travel to its vast network of self-service, out-of-town stores.
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