Ford Motor Co has abruptly killed a plan to sell a Chinese-made small vehicle in the United States because of the prospect of higher U.S. tariffs, the head of the automaker’s North American operations said Friday.
NAFTA negotiators from the Canada and the United States are “not there yet,” in resolving differences keeping them from a deal to modernize the North American Free Trade Agreement, Canadian Foreign Minister Chrystia Freeland said on Friday.
Talks between Canada and the United States to revamp NAFTA appeared to stumble on concessions over agriculture, as top negotiators struggled for a fourth day to meet President Donald Trump’s Friday deadline.
Shares in French retailer Casino sank as much as 15 percent on Friday amid fresh concerns over its debt burden.
Global stocks were poised on Friday to end August much as they began the month – under the dark cloud of a potentially worsening trade war.
Investors returning from their summer holidays in the coming days are likely to feel a distinct chill in the air as they assess the world economy.
Wells Fargo, Tesla, Starbucks and Apple are the companies to watch. …read more […]
The founder and largest shareholder of Papa John’s International Inc sued the pizza chain’s board and chief executive late on Thursday to stop what he described as “the irreparable harm” they are causing the company, according to a court filing.
The S&P 500 and the Dow Jones Industrial Average were largely flat on Friday hit by concerns about ongoing trade talks between the United States and other major economies, but gains in Apple and Amazon lifted the Nasdaq.
Increasingly convinced that the West Wing is wholly unprepared to handle the expected assault from Democrats if they win the House in November, President Donald Trump’s aides and allies are privately raising alarm as his circle of legal and communications advisers continues to shrink. With vacancies abounding in the White House and more departures on the horizon, there is growing concern among Trump allies that the brain drain at the center of the administration could hardly come at a more perilous time. Special counsel Robert Mueller’s swirling probe of Russian election interference and potential obstruction of justice by …read more […]
Enterprise Products (EPD) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues. …read more […]
U.S. stocks opened lower on Friday for a second day in a row, as concerns about the ongoing trade talks between the United States and other major economies hampered a record rally for the major indexes.
Canada has made no agriculture concessions to the United States in bilateral trade talks aimed at reaching deal in principle to modernize the North American Free Trade Agreement, a spokeswoman for the United States Trade Representative’s office said.
Canada and the United States will make a final push to iron out differences on a pact to modernize the North American Free Trade Agreement (NAFTA) by a Friday deadline set by President Donald Trump, but the atmosphere soured late on Thursday according to a media report. U.S. Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland were unable to clinch a deal despite meeting late into the evening on Thursday. …read more […]
If history teaches emerging-market investors one thing about U.S. midterms, it’s hang in there, ride out the volatility and wait for the rally. Since 1990, a strategy of purchasing stocks in MSCI’s emerging-market equity index on Oct. 31 in midterm years and selling 12 months later would have returned an average of 23 percent. In years without midterm elections, stocks gained an average of 9.3 percent over the same period. …read more […]
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