Thomson Reuters closes deal with Blackstone
Thomson Reuters Corp said on Monday it had completed the sale of a majority stake in its Financial & Risk (F&R) unit to private equity firm Blackstone Group LP .
NAFTA replacement deal lifts Dow, S&P; Nasdaq negative
The Dow and S&P 500 began the fourth quarter on a positive note on Monday, after a last-minute deal to salvage NAFTA as a trilateral pact helped ease trade worries, although major indexes finished off their session highs.
DaVita unit to pay $270 million to resolve Medicare payments probe
A medical care unit of DaVita Inc has agreed to pay $270 million to resolve claims it provided inaccurate information about patients that caused Medicare Advantage plans operated by private insurers to obtain inflated payments from the government.
Canada, buoyed by trade deal, to push U.S. on metal tariffs
Canada, buoyed by a last-minute continental trade deal it sealed with the United States and Mexico, is pressing Washington to remove steel and aluminum tariffs, senior Canadian officials said on Monday.
Cash, cuts and confusion; Trade deal spurs Canadian dairy fears
Canada’s dairy concessions to the United States helped secure a hard-won trade deal, but they spurred talk on Monday of compensation, confusion and curtailed milk production, as a protectionist system faces new threats.
Vedanta shareholders back London delisting amid protest
Shareholders in Vedanta Resources, the UK arm of Indian miner Vedanta, on Monday backed the delisting of the company from London, where the miner has faced protests and legal action.
Traders boost Canada interest rate bets as trade deal clips threat to economy
Investors are raising bets for as many as four additional interest rate increases from the Bank of Canada by the end of 2019 after a deal to save the trilateral NAFTA trade pact reduced uncertainty for Canada’s trade-dependent economy.
GE’s long share price decline claims another casualty
While John Flannery’s tenure at the helm of General Electric was far shorter than that of his predecessor Jeff Immelt, the two former chiefs have one thing in common: They both presided over a sharp drop in GE shares.
DaVita to pay $270 million to end U.S. probe into Medicare payments
A medical care unit of DaVita Inc will pay $270 million to resolve claims it provided inaccurate information about patients that caused Medicare Advantage plans operated by private insurers to obtain inflated payments from the government.
Canada to push on U.S. metal tariffs after closing trade deal
Canada, which reached a tentative trade deal with the United States and Mexico, is now pushing the United States to remove steel and aluminum tariffs, Canadian Prime Minister Justin Trudeau said on Monday.
