Business & Finance News
Mexico’s incoming trade negotiator said on Saturday that the United States, in talks to revamp the North American Free Trade Agreement, had softened its position on a “sunset clause” that would force a renegotiation of the deal every five years.
A ride-sharing passenger in the eastern Chinese city of Wenzhou was raped and killed by a driver for China’s largest ride-hailing firm, local police said on Saturday, the latest violent crime to fuel safety concerns about the service.
More frequent price changes for goods and a rise in the consistency of pricing due to the growth of online retailers may be affecting inflation, according to an academic paper presented on Saturday to some of the world’s top central bankers.
U.S. President Donald Trump tweeted on Saturday that the United States could reach a “big Trade Agreement” with Mexico imminently.
A ride-sharing passenger in the eastern Chinese city of Wenzhou was raped and killed, allegedly by a driver for the country’s largest ride-hailing firm, local police said on Saturday, the latest violent crime to fuel safety concerns about the service.
U.S-China trade talks this week were heavy on details but short on progress as U.S. negotiators outlined cases of American firms harmed by Chinese practices and China argued it was meeting its WTO obligations, people familiar with contents of the discussions said.
Tesla Inc CEO Elon Musk said late on Friday he would no longer pursue a $72 billion deal to take his U.S. electric car maker private, abandoning an idea that had stunned investors and drawn regulatory scrutiny.
The board of Tesla Inc said on Friday the company would remain public, following a tumultuous two weeks for the carmaker after its chief executive announced he was considering a deal to go private.
The board of Tesla Inc said on Friday the company would remain public, following a tumultuous two weeks for the carmaker after its chief executive announced he was considering a deal to go private.
U.S. fund investors are in no rush to shore up defenses against the strong dollar.
St. Louis Federal Reserve Bank President James Bullard on Friday raised new alarm bells over the U.S. central bank’s plan to keep raising interest rates, warning that even one more rate hike could set the stage for recession.
Comcast Corp will continue to offer 21st Century Fox Inc’s Big Ten Network, including all games on Fox’s sports channel FS1, the companies said on Friday.
Mexico and the United States need to resolve complicated bilateral issues before modernization of the North American Free Trade Agreement (NAFTA) can move forward, Canadian Foreign Minister Chrystia Freeland said on Friday.
The benchmark S&P 500 stock index clinched its longest bull-market run on Friday, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the U.S. central bank’s current pace of rate hikes.
Global equity markets rose on Friday after Federal Reserve Chairman Jerome Powell said the U.S. central bank’s policies are best to keep the economy humming, spurring new highs on Wall Street, while oil surged on signs Iran sanctions may crimp worldwide supply.
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