Business & Finance News
Business News
Asia stocks retreat; weakness in China outweighs NAFTA trade optimism
Asian stocks handed back earlier gains and fell on Thursday,
Business News
Business News
Pressures on Didi intensify after latest passenger killing
China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to face tighter oversight that will squeeze driver numbers and extend customer waiting times.
Business News
Asia stocks slip; weakness in China outweighs NAFTA trade optimism
Asian stocks surrendered earlier gains and dipped on Thursday,
Business News
Asia stocks makes modest gains as trade optimism extends Wall Street’s bull run
Asian stocks were mostly higher on Thursday, buoyed by a firmer finish on Wall Street, which hit record highs on expectations the North American Free Trade Agreement (NAFTA) negotiations will lead to a further easing of global trade tensions.
Business News
Trump allows targeted relief on steel, aluminum quotas: Commerce Department
U.S. President Donald Trump has signed proclamations permitting targeted relief from steel and aluminum quotes from some countries, the U.S. Commerce Department said on Wednesday.
Business News
Asia stocks rise as trade optimism extends Wall Street’s bull run
Asian stocks rose on Thursday as Wall Street hit record highs in the hope that the current North American Free Trade Agreement (NAFTA) negotiations will lead to a further easing of global trade tensions.
Business News
Pressures on Didi intensify after latest passenger slaying
China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to face tighter oversight that will squeeze driver numbers and extend customer waiting times.
Business News
Chinese soy buyers leave U.S. exporters show empty handed
An annual U.S. soy exporters’ conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years where billions of dollars of the main U.S. cash crop have been signed over to China in elaborate ceremonies.
Business News
Apple buys startup focused on lenses for AR glasses
Apple Inc has acquired a startup focused on making lenses for augmented reality glasses, the company confirmed on Wednesday, a signal Apple has ambitions to make a wearable device that would superimpose digital information on the real world.
Business News
Trump and Trudeau upbeat about prospects for NAFTA deal by Friday
The leaders of the United States and Canada expressed optimism on Wednesday that they could reach new NAFTA deal by a Friday deadline as negotiators prepared to talk through the night, although Canada warned that a number of tricky issues remained.
Business News
Canada’s Freeland says NAFTA trade talks with U.S. ‘very intense’
Canadian Foreign Minister Chrystia Freeland said on Wednesday that NAFTA trade negotiations with the United States were at a “very intense moment” and Canada was looking for compromises that were “win-win” for all sides.
Business News
Japan’s Panasonic to move European headquarters to Amsterdam in October: Nikkei
Panasonic Corp is to move its European headquarters from London to Amsterdam in October to avoid potential tax issues linked to Brexit, the Nikkei Asian Review https://s.nikkei.com/2wt6kal said on Thursday.
Business News
Trump, Trudeau upbeat about prospects for NAFTA deal by Friday
The leaders of the United States and Canada expressed optimism on Wednesday that NAFTA negotiations could meet a Friday deadline for a deal, although Canada warned that hard work on a number of tricky issues was still needed.
Business News
Calvin Klein owner PVH profit up 38 percent, forecast raised
Apparel maker PVH Corp reported a 38 percent rise in second-quarter profit on Wednesday and raised its earnings forecasts for the year, helped by higher sales of its Calvin Klein and Tommy Hilfiger brands.
Business News
USITC to investigate whether AB InBev dispensing systems infringe Heineken patent
The U.S. International Trade Commission said on Wednesday it would investigate whether certain Anheuser Busch InBev NV beverage dispensing systems and components infringe a Heineken NV patent.