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Friday, August 31, 2018

U.S., Canada slug it out as deadline looms to clinch NAFTA

Canada and the United States will make a final push to iron out differences on a pact to modernize the North American Free Trade Agreement (NAFTA) on Friday, with Mexico on standby to return to talks aimed at ending a year of hard-fought negotiations.


from Reuters: Business News https://ift.tt/2NzjBEW

Factbox: Winners and losers from the new NAFTA deal

Talks between Canada and the United States intensified on Thursday as the two countries pushed for a deal on a revamped North American Free Trade Agreement by a Friday deadline, with both sides upbeat about the progress made.


from Reuters: Business News https://ift.tt/2NzK7Or

Apple rumored to launch three new iPhones at upcoming event


Apple rumored to launch three new iPhones at upcoming event



FBN's Lauren Simonetti on what to expect from Apple's upcoming event.

EU official wants to do away from winter-summer time change


EU official wants to do away from winter-summer time change



It could be summer time all year long for countries in the European Union.

4 Valuable Lessons From the MoviePass Debacle


4 Valuable Lessons From the MoviePass Debacle



What investors can learn from the rapid decline of a dubious business model.

3 Things Nucor Corp. Management Wants You To Know


3 Things Nucor Corp. Management Wants You To Know



The steelmaker had a great second quarter, but what investors need to know is where it's headed.

How Constellation Brands Is Banking on the Popularity of Mexican Beer


How Constellation Brands Is Banking on the Popularity of Mexican Beer



Corona and Modelo form the base of success.

Sex workers' union ignites debate over prostitution in Spain


Sex workers' union ignites debate over prostitution in Spain



A Spanish sex workers' union will hold a news conference Friday to react to the government's decision to overturn its registration, a move that has reignited a debate among feminists over the legal status of prostitution.

London's Crossrail railway delays opening until fall 2019


London's Crossrail railway delays opening until fall 2019



London's new east-west railway, Crossrail, says it will miss its scheduled December opening by almost a year, with passenger services not starting until late 2019.

Merkel wraps up Africa visit in Nigeria; a focus on migrants


Merkel wraps up Africa visit in Nigeria; a focus on migrants



German Chancellor Angela Merkel is wrapping up a three-day Africa visit in Nigeria with a meeting between the leaders of Europe's and Africa's largest economies that is likely to focus on migration.

Eurozone inflation eases back to 2 percent in August


Eurozone inflation eases back to 2 percent in August



Official figures show that inflation across the 19-country eurozone eased back during August but remains just above the European Central Bank's target rate.

Viagogo taken to High Court by competition regulator

The ticket reselling site has repeatedly failed to make changes demanded, the competition regulator says.

from BBC News - Business https://ift.tt/2PTQtd1

Bruised bankers seek consolation prizes after shelved Aramco IPO

Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues reforms.


from Reuters: Business News https://ift.tt/2N7rhkw

Danger to oil demand from trade wars may offset price boost from Iran: Reuters poll

Oil analysts cut their price forecasts for 2018 for the first time in almost a year in August, given growing concern over the impact on crude demand from escalating trade tensions, although falling supply, particularly from Iran, would likely limit losses, a Reuters poll showed on Friday.


from Reuters: Business News https://ift.tt/2N1yHWI

Trump wants to impose $200B China tariffs next week: Report


Trump wants to impose $200B China tariffs next week: Report



The two countries have already imposed tariffs worth $50 billion on each others' imports.

Trump cancels pay raise due federal workers in January


Trump cancels pay raise due federal workers in January



Trump informed House and Senate leaders in a letter sent Thursday.

Trump cancels pay raise due federal workers in January


Trump cancels pay raise due federal workers in January



Trump informed House and Senate leaders in a letter sent Thursday.

Far-left Democrats are pushing party into uncharted waters: Varney


Far-left Democrats are pushing party into uncharted waters: Varney



FBN's Stuart Varney on the impact of far-left candidates on the Democratic Party.

Crossrail delay: New London line will open in autumn 2019

Transport for London says more time is needed "to ensure a safe and reliable railway".

from BBC News - Business https://ift.tt/2LIxD5h

Coca-Cola takes plunge into coffee with $5.1 billion Costa deal

Coca-Cola Co has agreed to buy coffee chain Costa for $5.1 billion including debt to extend its push into healthier drinks and take on the likes of Starbucks and Nestle in the booming global coffee market.


from Reuters: Business News https://ift.tt/2PRfQMD

Juncker vows to lift auto tariffs if Trump reneges on agreement

The European Union will respond in kind if U.S. President Donald Trump reneges on a pledge to refrain from imposing car tariffs, European Commission President Jean-Claude Juncker said, as trade tensions between Europe and the United States rose again.


from Reuters: Business News https://ift.tt/2LHtize

Trump Approach on Nafta Relieves Automakers’ Worst Fears


By NEAL E. BOUDETTE from NYT Business Day https://ift.tt/2wvnxiE

Will September, historically stocks' worst month, be a dud?


Will September, historically stocks' worst month, be a dud?



Here is what analysts expect.

Japan's Aso, Chinese officials endorse global trade system


Japan's Aso, Chinese officials endorse global trade system



Japan's finance minister and Chinese officials have pledged support for the multilateral system of global trade regulation ahead of a possible new round of U.S. tariff hikes in a battle over Beijing's technology policy.

Alcohol is coming to Disneyland


Alcohol is coming to Disneyland



Alcohol has been served in each of the four parks at Disney World in Florida.

House prices see summer slowdown, says Nationwide

Prices fell in August, the Nationwide says, as pressure on household budgets holds back the market.

from BBC News - Business https://ift.tt/2MCFo1U

World shares fall for second day as Trump makes fresh trade threats

Global stocks fell for a second day on Friday as a report that U.S. President Donald Trump was preparing to step up a trade war with Beijing dampened risk appetite and erased some of the gains made in a rally this week.


from Reuters: Business News https://ift.tt/2wu817s

Journalists debunk rumors on WhatsApp ahead of Brazil vote


Journalists debunk rumors on WhatsApp ahead of Brazil vote



A damning image was whipping around WhatsApp in Brazil: A photo of a black luxury jet labeled "the plane of Lula's son" — seeming proof of high living by the family of jailed former Brazilian President Luiz Inacio Lula da Silva, who is leading polls ahead of October's presidential elections.

California net neutrality bill clears key hurdle


California net neutrality bill clears key hurdle



The California Assembly has voted to enshrine net neutrality in state law, delivering a major victory to advocates looking to require an equal playing field on the internet.

Microsoft will require US suppliers to offer paid parental leave


Microsoft will require US suppliers to offer paid parental leave



Suppliers have one year to start offering 12 weeks of leave for new mothers and fathers.

September hazards for stocks: Trade, rates, jobs report


September hazards for stocks: Trade, rates, jobs report



Stocks are near record highs as Wall Street grows more optimistic about trade tensions easing, but investors should watch out because September is historically the worst month of the year for stocks.

Microsoft to contractors: Give new parents paid leave


Microsoft to contractors: Give new parents paid leave



Microsoft says it's requiring its contractors to offer their U.S. employees at least 12 weeks paid leave to care for a new child.

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...