Business & Finance News
CARACAS (Reuters) – Venezuelan authorities said they were reactivating a Kellogg Co plant under worker control on Wednesday, a day after the U.S. multinational food producer pulled out of the crisis-hit country.
WASHINGTON (Reuters) – Goldman Sachs Group Inc has launched a global training initiative to safeguard the tight-knit culture it developed as a private partnership, even as the bank marks its 19th year as a publicly traded company.
(Reuters) – Twenty First Century Fox said on Wednesday Executive Chairman Lachlan Murdoch will serve as chairman and CEO of the proposed new Fox, following the sale of its film and TV assets to Walt Disney Co .
WASHINGTON (Reuters) – The United States is pushing for a deal in negotiations on a revised North American Free Trade Agreement (NAFTA), the White House said on Wednesday, but Canadian and Mexican officials were not due in Washington for talks before a Thursday deadline.
OTTAWA (Reuters) – Canada is prepared to cover any losses Kinder Morgan Canada Ltd might suffer if a proposed oil pipeline expansion continues to be delayed by political opposition, Finance Minister Bill Morneau said on Wednesday.
(Reuters) – Wall Street edged higher on Wednesday as Macy’s strong results helped drive gains in retails stocks and more than offset losses in energy shares.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday that “nothing has happened” with China’s ZTE Corp and that Beijing has “much to give” Washington on trade.
(Reuters) – Wall Street opened little changed on Wednesday as gains in retail stocks led by Macy’s offset losses in energy and financial shares. The Dow Jones Industrial Average rose 15.91 points, or 0.06 percent, at the open to 24,722.32. The S&P 500 opened higher by 1.17 points, or 0.04 percent, at 2,712.62. The Nasdaq Composite gained 4.59 points, or 0.06 percent, to 7,356.22 at the opening bell.
FRANKFURT (Reuters) – The chairman of Deutsche Boerse’s supervisory board said on Wednesday he would not insist on serving another full three-year term amid criticism that he is partly to blame for management missteps.
OTTAWA (Reuters) – The Canadian government is prepared to financially shield Kinder Morgan Canada Ltd’s proposed Trans Mountain pipeline expansion against unnecessary delays that are politically motivated, Finance Minister Bill Morneau said on Wednesday.
(Reuters) – Wall Street was set to open little changed on Wednesday as investors assessed the impact of a surge in bond yields, while growing doubts about the U.S.-North Korea summit also weighed.
(Reuters) – Macy’s Inc said stellar performance at its businesses helped push quarterly same-store sales and profit well above Wall Street estimates, signaling that the company was keeping up in a fiercely competitive retail landscape.
MOSCOW (Reuters) – Russia’s Alrosa , the world’s largest diamond producer by output, plans to boost revenue from selling rare, colored stones where demand is stable, although it is a niche business.
(Reuters) – Macy’s Inc reported a much better-than-expected increase in quarterly same-store sales, beating estimates for the second straight quarter, offering hopes for a company struggling to boost sales in the face of intense online competition.
WASHINGTON (Reuters) – The United States is pushing for a deal in negotiations on a revised North American Free Trade Agreement (NAFTA) and President Donald Trump is committed to getting a better agreement with Canada and Mexico, the White House said on Wednesday.
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