Mexico’s president-elect says still time for Canada to join updated NAFTA
Mexican President-elect Andres Manuel Lopez Obrador said on Friday there was still time for Canada to join an updated North American Free Trade Agreement (NAFTA) between Mexico and the United States.
UK regulator to enquire if Facebook data breach has affected UK citizens
The UK’s Information Commissioner’s Office said on Friday it will make enquiries with Facebook Inc and other overseas regulators to find out if British citizens were affected by a security breach announced by the company earlier in the day.
Tesla’s Musk could settle SEC suit but ready for fight: sources
Tesla Inc’s Elon Musk could settle with U.S. regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said on Friday as shares plunged about …
Italy budget woes hit Europe, boost dollar; Wall Street dips
The U.S. dollar rose on Friday as the euro fell on deepening worries about the Italian budget and its new higher-than-expected deficit target, which also slammed European stocks.
Credit Suisse is fined $10 million in U.S. over customer orders
Credit Suisse Group AG was fined $10 million on Friday by the U.S. Securities and Exchange Commission and New York Attorney General Barbara Underwood over its handling of retail customer orders, including through its dark pool.
U.S., Mexico to release trade deal text as pressure mounts on Canada
The text of the Trump administration’s trade agreement with Mexico is due to be released on Friday, launching a contentious U.S. approval process as pressure mounts on Canada to join its partners in revamping the North American Free Trade Agreement.
U.S. trade judge declines to block iPhone imports
A U.S. trade judge on Friday declined to block the importation of Apple Inc iPhones with chips from Intel Corp , handing a major defeat to Qualcomm Inc in its high-stakes legal dispute with the iPhone maker.
Facebook’s slide stalls Intel-led advance on Wall Street
Wall Street ended flat on Friday as gains by Intel, real estate companies and utilities offset a drop in Facebook after the social media network disclosed a security breach.
EU regulators want to know if merchants hurt by Amazon copies
EU antitrust regulators are asking retailers and manufacturers whether Amazon’s sales of own brand products similar to theirs have harmed their business, a move which could lead to a formal case and possibly fines against the U.S. tech giant.
Tesla shares sink on SEC lawsuit; sources say Musk could settle
Shares of Tesla Inc plunged 13 percent on Friday after U.S. securities regulators accused Elon Musk of fraud and sued to have him banned from the leadership of the electric carmaker, although sources said the high-tech billionaire could still reach a …
