Category Archives: Business News

OTTAWA (Reuters) – With little time left ahead of a deadline to agree to a renewed NAFTA, Canadian and U.S. trade officials on Sunday tried to settle differences on tough issues such as protection against American tariffs. FILE PHOTO: The flags of Canada, Mexico and the U.S. are seen on a lectern before a joint […]

BEIJING (Reuters) – General Motors’ joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China’s market regulator said on Saturday. The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing, […]

(Reuters) – Wall Street rose by a smidgen on Friday as gains led by Intel, real estate companies and utilities offset Facebook after the social network disclosed a security breach. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 20, 2018. REUTERS/Brendan McDermid Facebook (FB.O) slumped 2.7 […]

WASHINGTON (Reuters) – The Federal Reserve raised interest rates on Wednesday, as expected, and forecast three more years of economic growth as the U.S. central bank left its policy for steady rate rises in place. In a statement that marked the end of the era of “accommodative” monetary policy, Fed policymakers lifted the benchmark overnight […]

(Reuters) – U.S. stocks were mixed on Tuesday as a boost from the energy sector and strong consumer confidence data helped offset losses in chipmakers and utilities ahead of an expected Federal Reserve interest rate hike. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 21, 2018. […]

UNITED NATIONS (Reuters) – The European Union and the United States are still in exploratory talks about how they can pursue a limited trade agreement, with no real negotiations yet started, EU Trade Commissioner Cecilia Malmstrom said on Monday. FILE PHOTO: European Commissioner Cecilia Malmstrom holds a news conference in Brussels, Belgium March 7, 2018. […]

LONDON/NEW YORK (Reuters) – U.S. cable giant Comcast scored a big win in the scramble for media assets by beating Rupert Murdoch, and his backer Disney, in the battle for Sky with an eye-watering $40 billion bid. FILE PHOTO: The NBC and Comcast logos are displayed on 30 Rockefeller Plaza in midtown Manhattan in New […]

LONDON (Reuters) – Comcast (CMCSA.O) beat Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) in the battle for Sky (SKYB.L) after offering around 30 billion pounds ($39 billion) for the British broadcaster in a rare auction to decide the fate of the pay-television group. FILE PHOTO: The NBC and Comcast logos are displayed on 30 Rockefeller Plaza […]

WASHINGTON (Reuters) – The United States is getting “very, very close” to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday. FILE PHOTO: Flags of the U.S., Canada and Mexico fly next to each other in Detroit, Michigan, U.S. August 29, 2018. REUTERS/Rebecca […]