U.S.-Canada trade talks restart, tackle ‘final’ issues
U.S. and Canadian negotiators started a second day of talks aimed at rescuing the North American Free Trade Agreement on Thursday as the deadline for a deal this week, set out by President Donald Trump, inched ever closer.
Barcelona hotel income falls 14 percent in summer: trade group
Hotels in Barcelona, the capital of the Spanish region of Catalonia, saw revenue fall 14 percent this summer, a trade association said on Thursday, saying the city had developed a negative reputation internationally.
Canada’s Freeland says NAFTA talks ‘positive and constructive’
Canada’s Foreign Minister Chrystia Freeland reiterated that talks to save the North American Free Trade Agreement with the United States had been “positive and constructive,” repeating a phrase she used on Wednesday.
Italian consumer group files complaint over Starbucks prices
Italian consumer group Codacons has filed a complaint with the national competition watchdog accusing Starbucks of overcharging customers at its first cafeteria in the country.
Wall Street drops as tech stocks take a beating
The tech-heavy Nasdaq saw sharp declines on Thursday as internet stocks faltered for a second day on concerns about increased regulation, while warnings from Micron Technology and KLA-Tencor led a slide in chip stocks.
Lilly’s Elanco unit expects IPO to raise up to $1.45 bln
Eli Lilly & Co’s Elanco Animal Health unit expects its initial public offering to raise up to $1.45 billion, betting on increased appetite among investors for animal health companies.
Trade war worries drag on world shares for a fifth day
World shares fell for a fifth straight day on Thursday, with emerging market stocks in their sixth day of declines, as investors braced for an escalation in a trade war between the United States and China.
Wall Street takes a hit from chip, internet stocks
The tech-heavy Nasdaq saw sharp declines on Thursday as internet stocks faltered for a second day on concerns about increased regulation, while warnings from Micron Technology and KLA Tencor led a slide in chip stocks.
Barnes & Noble to begin new CEO search after October shareholder meeting
Barnes & Noble Inc, which in July fired its chief executive officer, said on Thursday it would begin the process to find a replacement only after its annual shareholder meeting in early October.
Justice Department probing Wells Fargo’s wholesale banking unit: WSJ
The U.S. Justice Department is probing whether employees committed fraud in Wells Fargo & Co’s wholesale banking unit, following revelations that employees improperly altered customer information, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
