NAFTA trade ministers to square off over hard-line U.S. demands NAFTA trade ministers to square off over hard-line U.S. demands: The proposals to drastically reshape the North American Free Trade Agreement to help shrink U.S. trade deficits have cast a pall over the modernization talks, leaving some participants and analysts […]
T-Mobile Sprint plan merger without selling assets T-Mobile Sprint plan merger without selling assets: While it is common for companies not to unveil divestitures during merger announcements, T-Mobile’s and Sprint’s approach shows that the companies plan to enter what could be challenging negotiations with U.S. antitrust and telecommunications regulators without […]
Asia oil buyers turn to U.S. in hunt for cheap supply Asia oil buyers turn to U.S. in hunt for cheap supply: As many as 11 tankers, partly or fully laden with U.S. crude, are due to arrive in Asia in November, with another 12 to load oil in the […]
Midnight in Toulouse How CSeries deal shook status quo Midnight in Toulouse How CSeries deal shook status quo: The nocturnal gymnastics by Europe’s largest aerospace group stunned the aircraft industry which had been riveted for weeks by a trade dispute between Boeing and Bombardier that threatened to hit the CSeries […]
As the quartet breaks up central banking leadership flux looms As the quartet breaks up central banking leadership flux looms: The leaders of the world’s top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a […]
Gary Cohn warns on ‘major risk’ evolving in clearing houses Gary Cohn warns on ‘major risk’ evolving in clearing houses: National Economic Council director Gary Cohn said on Sunday he sees a “major risk” evolving in clearing houses, according to a Bloomberg report. As “we get less transparency, we get […]
Kobe Steel shares tumble to near five-year low as cheating crisis deepens Kobe Steel shares tumble to near five-year low as cheating crisis deepens: Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese steelmaker ensnared […]
Viacom Spectrum continue talks past 7 pm deadline Viacom Spectrum continue talks past 7 pm deadline: Viacom Inc (VIAB.O) and cable operator Spectrum continued talks Sunday night as the 7 pm ET (2300 GMT) deadline on their programming agreement passed, a source familiar with the situation told Reuters. As of […]
China’s PBOC chief sees 7 percent GDP growth in second half stronger than economist forecasts China’s PBOC chief sees 7 percent GDP growth in second half stronger than economist forecasts: China’s economy is expected to grow 7 percent in the second half of this year, the central bank governor said, […]
JD.com shares are a better deal than Alibaba’s JD.com shares are a better deal than Alibaba’s: Shares of China’s No.2 e-commerce firm JD.com (JD.O) are a better deal for investors than Alibaba Group’s (BABA.N) stock and could rise 30 percent or more over the next year, Barron’s said on Sunday. […]