Fast and serious: Vietnam’s first domestic car manufacturer bets big
At a time when auto companies in the developed world are facing a squeeze on their profits from cash-rich tech firms, Vietnam is betting car-making can be a ticket t o a more prosperous economy, just as it was for the likes of Japan and South Korea.
Canadian dollar, stocks rise as NAFTA salvaged
Optimism about a reconstituted free trade agreement among the United States, Canada and Mexico and what it could mean for trade relations elsewhere helped world markets kick off the fourth quarter of the year in a positive vein.
Aston Martin narrows $6 billion IPO range after investor response
Luxury British carmaker Aston Martin has cut the upper end of its initial public offering price range to 20 pounds per share, giving it a potential market value of up to 4.6 billion pounds ($6 billion), following mixed feedback from investors.
Factbox: Details of the new North America free trade deal
The United States and Canada forged a last-gasp deal on Sunday to salvage a three-country, $1.2 trillion open-trade zone agreement with Mexico that had been about to collapse after nearly a quarter century.
BlackRock co-founder sees U.S. stock rally continuing beyond 2019
BlackRock Inc President Rob Kapito said on Monday he expects the U.S. stock rally to continue beyond next year, as there are fewer shares available for investors because of increased company buy-backs and dwindling public offerings.
In Trump win, Canada, U.S. deal saves NAFTA as trilateral pact
The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century.
Canadian dollar, many share markets up on deal on NAFTA or ‘USMCA’
The Canadian dollar, the Mexican peso, U.S. stock futures and many share markets gained on Monday after the United States and Canada forged a last-gasp deal to salvage a trilateral trade agreement in North America.
Fiat Chrysler set to unveil new management structure
Fiat Chrysler’s new boss Mike Manley is expected to unveil his revamped management team on Monday which will aim to keep the carmaker independent and a contender in the industry’s race to develop self-driving and electric cars.
Trade deal largely spares Canada, Mexico from any Trump auto tariffs
The new U.S.-Mexico-Canada Agreement on trade will preserve President Donald Trump’s ability to impose threatened 25 percent global tariffs on autos while largely exempting passenger vehicles, pickup trucks and auto parts from Canada and Mexico, a side…
Canada, U.S. reach deal to save NAFTA as trilateral trade pact
The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century.
