U.S. Senate passes new North American trade deal
The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.
Mexico hails USMCA trade deal approval, expects more investment
Mexican President Andres Manuel Lopez Obrador on Thursday hailed the U.S. Senate’s approval of the United States-Mexico-Canada Agreement (USMCA) trade deal, forecasting it would deliver a boost to the Mexican economy.
Indigenous group vows peaceful pipeline opposition as Canadian police clamp down
An indigenous group that opposes construction of the Coastal GasLink pipeline in British Columbia will refuse workers access to their land, but in peaceful fashion, according to one of its chiefs.
S&P 500 crosses 3,300 on upbeat Morgan Stanley earnings, retail data
The S&P 500 crossed the 3,300 mark for the first time and other stock indexes hit record highs on Thursday, as encouraging retail sales data and upbeat Morgan Stanley earnings fueled a rally following the signing of an initial U.S.-China trade deal.
U.S. Senate approves U.S.-Mexico-Canada trade deal
The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher labor and automotive content rules but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.
U.S. data point to moderate economic growth, tightening jobs market
U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019.
Dollar gains, stocks scale fresh highs on data, trade deal
The dollar rose while key world and stock indexes on Wall Street scaled new records on Thursday as the U.S.-China trade deal, strong corporate earnings and encouraging U.S. economic data lifted equity markets.
JPMorgan says no notice from Supreme Court on Amrapali real estate case
The local arm of JPMorgan said on Thursday that the bank has not received any communication from India’s Supreme Court in a case relating to past transactions between the bank and a New Delhi-based real estate firm.
European firms call for tougher EU approach to China
European companies called on European Union policy-makers on Thursday to toughen their approach to China to secure a level playing field for European businesses.
U.S. clean energy investment hits new record despite Trump administration views
Clean energy investment in the United States surged to a fresh record of $55.5 billion last year, despite the government’s attempts to roll back supportive policies, a report showed on Thursday.
