Fresh from clinching an updated North American commerce pact, U.S. President Donald Trump on Monday criticized Indian and Brazilian trade tactics, describing the latter as being “maybe the toughest in …
your ads here!Coeco
US Economists Optimistic About Growth, Worried About Tariffs
The economy should grow at a healthy pace this year and next, though the Trump administration’s trade policy will likely act as a drag, a group of business economists said. …
your ads here!Flannery Ousted at GE After Less than 2 Years
After less than two years and a precipitous decline in the share price at General Electric, John Flannery is being ousted as chairman and CEO. Flannery took over for …
your ads here!New US-Canada Trade Pact Reached
After intense last-minute discussions ahead of a self-imposed midnight deadline, U.S. and Canadian officials announced late Sunday they reached a trade deal, allowing a modified three-way pact with Mexico to …
your ads here!Fearing Debt Trap, Pakistan Rethinks Chinese ‘Silk Road’ Projects
After lengthy delays, an $8.2 billion revamp of a colonial-era rail line snaking from the Arabian Sea to the foothills of the Hindu Kush has become a test of Pakistan’s …
your ads here!Tesla, Musk Settle Fraud Suit for $40M
Tesla Chief Executive Officer Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government …
your ads here!Canada FM Postpones UN Speech as Trade Talks Intensify
Canadian Foreign Affairs Minister Chrystia Freeland postponed her U.N. speech Saturday as free-trade talks between the U.S. and Canada intensified. Freeland had been scheduled to deliver Canada’s address to the …
your ads here!US Consumers Spend More; Inflation Flattens
U.S. consumer spending increased steadily in August, supporting expectations of solid economic growth in the third quarter, while a measure of underlying inflation remained at the Federal Reserve’s 2 percent …
your ads here!Ousting Musk at Tesla Viewed as Difficult, Possibly Damaging
Tesla without Elon Musk at the wheel? To many of the electric car maker’s customers and investors, that would be unthinkable. But that’s what government securities regulators now want to …
your ads here!Italian Stocks Fall on Populist Government’s Spending Plans
Italy’s stock market fell sharply Friday after the new populist, euroskeptic government announced a sharp public spending increase that will push the budget deficit to 2.4 percent of gross domestic …
your ads here!Puerto Rico Struggling, Still Open for Tourists, Governor Says
Puerto Rico Gov. Ricardo Rossello flew to New York this week on a mission: convince potential tourists that the hurricane-ravaged island was ready for their return. But Puerto Rico’s recovery from last …
your ads here!US Regulators Sue Tesla’s Musk for Fraud, Seek to Bar Him as Officer
U.S. securities regulators on Thursday accused Tesla Inc. Chief Executive Elon Musk of fraud and sought to ban him as an officer of a public company, saying he made a series of “false …
your ads here!US, Japan Working Toward Free-trade Agreement
The United States and Japan have agreed to begin negotiations on a bilateral free-trade agreement, reducing the prospect that Washington might impose tariffs against another trading partner. “We’ve agreed today …
your ads here!Report: Ford CEO Warns Tariffs Cut $1 Billion in Profit
Ford chief Jim Hackett on Wednesday ramped up his warnings about the tariffs imposed by President Donald Trump, saying his company was seeing profits slashed by $1 billion. Hackett said …
your ads here!Somalia to Get First Direct World Bank Grants in Decades
Somalia’s finance minister says World Bank grants to the government are a sign the country has “trustable leadership” again after decades of chaos and corruption. The World Bank said Tuesday …
your ads here!Fed Lifts Rates for Third Time in ’18; One More Expected
The Federal Reserve on Wednesday raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it expected to maintain …
your ads here!World Economy Remains on Shaky Ground
The U.N. Conference on Trade and Development warns the world economy remains fragile, one decade after the collapse of the U.S. financial titan Lehman Brothers triggered a global economic crisis. …
your ads here!Brazil’s Jobs Crisis Lingers, Posing Challenge for Next President
After losing his job with a foreign food company in March, Alexander Costa surveyed Brazil’s anemic labor market and decided to start selling cheap lunches by the beach in Rio …
your ads here!Taiwanese Footwear Giant Balks Compensation Ruling Despite Massive Profits
A Taiwanese owned company whose parent firm posted a more than half billion dollar profit last year has been refusing to pay compensation in line with an arbitration ruling to …
your ads here!China Rules Out New Talks with US to Resolve Trade Dispute
China says it is impossible to hold trade talks with the United States with a new round of tariffs in place. U.S. imposed duties on $200 billion worth of Chinese …
your ads here!Hong Kong Charity Diverts Annual Mooncake Waste
At a community center on Shek Lei public housing estate in northern Hong Kong, stacks of mooncake boxes are waiting to be distributed on Mid-Autumn Festival the following day. Inside …
your ads here!European Union Sets Up Payment System with Iran to Maintain Trade
The five remaining parties to the Iran nuclear deal have agreed to establish a special payment system to allow companies to continue doing business with the regime, bypassing new sanctions …
your ads here!