U.S. House Democratic leader says NAFTA should remain trilateral pact
U.S. House of Representatives Democratic Leader Nancy Pelosi on Friday warned the Trump administration that the NAFTA trade agreement should be maintained as a trilateral pact between the United States, Mexico and Canada and not just a U.S.-Mexico arra…
Fed’s Evans says premature to read much into yield curve
A narrowing gap between long-term and short-term borrowing costs does not necessarily signal a coming recession, Federal Reserve Bank of Chicago President Charles Evans said on Friday.
Allergan says revenue from aesthetics unit may double by 2025
Allergan Plc said revenue from its medical aesthetics business could double by 2025, even as it faces increasing competition for its blockbuster wrinkle treatment, Botox.
The home of Fiat says ‘ciao’ to Sergio Marchionne
The home of Fiat bid farewell on Friday to Sergio Marchionne, one of the auto industry’s most exacting and determined leaders, who rescued the Italian car giant and U.S. Chrysler.
U.S. imposes sanctions on Thai company it accuses of aiding Iran
The United States on Friday imposed sanctions against a Thai aviation company that it said was acting on behalf of Iran’s Mahan Air, which it accused of ferrying troops and supplies into Syria in support of Syrian President Bashar al-Assad.
Tariffs threaten market-leading tech, consumer stocks
U.S. technology and consumer discretionary stocks have been insulated from global trade tensions, but if another round of U.S. tariffs on Chinese goods goes into effect, even those high-flying sectors could come down to earth.
Yellen: Fed should commit to future ‘booms’ to make up for major busts
The U.S. Federal Reserve should commit to letting economic booms run on enough to fully offset collapses like the 2007 to 2009 Great Recession, former Fed chair Janet Yellen said on Friday, urging the central bank to make “lower-for-longer” its officia…
Take Five: World markets themes for the week ahead
Following are five big themes likely to dominate the thinking of investors and traders in the coming week, and the Reuters stories related to them.
Brexit endgame nears as series of summits begins
Brexit talks are set to intensify over the coming week, with the first of three summits that European Union leaders hope will settle a divorce deal for departing Britain within the next two months.
Trade hopes lift stocks; emerging markets get boost from Turkey rate hike
An index of world stock markets climbed to its highest in over a week on Friday as expectations grew that the United States and China would start fresh trade talks, while an interest rate hike in Turkey supported the lira and emerging markets.
