Business & Finance News
Canada, which reached a tentative trade deal with the United States and Mexico, is now pushing the United States to remove steel and aluminum tariffs, Canadian Prime Minister Justin Trudeau said on Monday.
U.S. Trade Representative Robert Lighthizer said on Monday he believed the new trade pact with Mexico and Canada will pass Congress with substantial majorities because it contains benefits for all.
Shares of Tesla Inc jumped 18 percent on Monday as signs it had met targets for quarterly car production added to relief at Chief Executive Elon Musk’s settling of a lawsuit with regulators that had threatened to force him out.
U.S. President Donald Trump on Monday said a new free trade agreement with Canada and Mexico would support hundreds of thousands of U.S. jobs, marking it as a victory in his push to reshape the lines of global commerce.
Canadian Prime Minister Justin Trudeau said on Monday that Canada made some difficult compromises to reach a deal to modernize the North American Free Trade Agreement.
Two seasons in, UK budget airline magnate Stelios Haji-Ioannou is suing Netflix over the title of its Chicago-based show “Easy”, arguing it infringes on more than a thousand trademarks he has registered using the word in Europe.
Ford Motor Co said Monday it is “very encouraged” by an announcement of a revised free trade deal reached late Sunday between the United States, Canada and Mexico — an agreement likely to remove significant uncertainty from automakers who feared a collapse of trading rules.
Growth in factory activity slowed across Europe and Asia in September, with export orders weakening before the latest escalation in the U.S.-China trade conflict, but was little changed in the Americas.
Wall Street got off to a strong start of the fourth quarter on Monday, with industrials and automotive stocks leading a broad rally after a last-minute deal to salvage NAFTA as a trilateral pact.
President Donald Trump on Monday said the trade deal with Canada and Mexico that replaces NAFTA will lead to thousands of jobs in the United States, adding that the two U.S. trading partners had agreed to labor, intellectual property and environmental provisions.
Incoming Mexican foreign minister Marcelo Ebrard on Monday said the government that takes office in December will promote an active industrial policy to help small companies adapt to rules in the new United States-Mexico-Canada Agreement trade deal.
British lender Standard Chartered Plc is bracing for a possible new fine of about $1.5 billion linked to violations of previous Iran sanctions, a Bloomberg reporter tweeted https://twitter.com/AmberChoudhury/status/1046778971277455360.
A last-minute agreement between the United States and Canada to rescue a trilateral NAFTA accord with Mexico drove up global stock markets and the Canadian dollar on Monday.
German conglomerate Thyssenkrupp on Monday defended a landmark deal to split into two as concerns mounted over whether the plans, which will result in a 1 billion euro ($1.2 billion) tax hit, go far enough.
Pfizer Inc Chief Executive Officer Ian Read will hand over the reins of the largest U.S. drugmaker to veteran insider Albert Bourla in January, after eight years at the helm, in the backdrop of increased scrutiny over drug pricing.
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