Mexican president hopes for deal with U.S. on migration on Thursday
Mexican President Andres Manuel Lopez Obrador said he hoped a deal could be struck with the United States on Thursday to resolve a migration dispute and avoid the Trump administration imposing trade tariffs on Mexico next week.
U.S., Mexico to resume talks over tariffs, border as Trump seeks more progress
Mexican and U.S. officials are set to resume talks in Washington on Thursday aimed at heading off punitive tariffs on Mexican goods as President Donald Trump called for Mexico to take more action to curb migration at the southern U.S. border.
Wall Street ekes out gains at open on rate cut hopes; trade worries weigh
U.S. stocks opened slightly higher on Thursday on hopes of an interest rate cut by the Federal Reserve, but sentiment remained fragile after President Donald Trump stoked fears of a further escalation in trade tensions by saying he would decide on more…
Fed’s Kaplan: Trade with Mexico ‘overwhelmingly’ in U.S. interests
Dallas Federal Reserve bank president Robert Kaplan on Thursday said trade with Mexico was “overwhelmingly” in U.S. interests and has allowed American companies to set up supply chains that make them more globally competitive.
U.S. trade deficit narrows in April; labor market strong
The U.S. trade deficit unexpectedly narrowed in April as imports of goods dropped to a 15-month low, which could support the economy as it slows after a temporary boost from exports and an accumulation of inventories early this year.
Exclusive: Deutsche Bahn reviews consultancy contracts with ex-managers
Deutsche Bahn is reviewing consultancy contracts granted to former managers without the knowledge of the state-owned railway operator’s supervisory board, it said on Thursday.
Pence: U.S. talks to continue, Mexico must do more on immigration
U.S. Vice President Mike Pence said U.S.-Mexico talks would continue on Thursday, and reiterated President Donald Trump’s assessment that Mexico must do more to curb immigration at the border between the two nations.
Ford to close Wales engine plant in latest blow to UK car sector
Ford said it would close its plant in Bridgend, south Wales, next year because of falling demand for some if its engines, putting 1,700 jobs at risk in a further blow to Britain’s once booming car industry.
U.S., Mexico set to resume talks as Trump seeks more progress
Mexican and U.S. officials are set to resume talks in Washington on Thursday aimed at heading off punitive tariffs on Mexican goods after President Donald Trump said more needed to be done to curb migration at the southern U.S. border.
France seeks to fend off blame for FCA-Renault deal collapse
France was battling to defend its business strategy on Thursday after being blamed for scuppering a $35 billion-plus merger between carmakers Fiat Chrysler (FCA) and Renault only 10 days after the plan was officially announced.