Novartis to streamline production in response to lower U.S. prices: NZZ am Sonntag
Switzerland’s Novartis plans to streamline its worldwide production to increase its operating profit margin despite falling prices for its drugs in the United States, its chairman was reported as saying.
Trump says Canada not needed in NAFTA deal, warns Congress not to interfere
U.S. President Donald Trump said on Saturday there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether.
Out of Sorrell’s shadow, Mark Read poised for top job at ad giant WPP
The unassuming Mark Read will embark on the unenviable role of running WPP this week, tasked with reshaping a group at the center of seismic industry change following the departure of the world’s most high profile advertising boss Martin Sorrell.
HNA Group trims debt nearly 11 percent, or $11.6 billion, in first half
China’s HNA Group reduced its debt load in the first half of 2018 as the company sold off assets acquired under a high-profile acquisition spree helmed by its former chairman, according to the company’s latest financial report.
Dispute resolution in focus as NAFTA talks drag
Canada and the United States ended talks to revamp the North American Free Trade Agreement (NAFTA) on Friday without reaching a deal. One longstanding issue is Chapter 19 of NAFTA, a dispute resolution mechanism that the United States significantly sc…
Ontario to include Tesla in rebate program after court decision
Ontario will include some Tesla Inc car owners under its rebate plan as the province winds down an incentive program for electric cars, the ministry of transportation said on Friday.
Disney World workers reach tentative agreement on wages
Walt Disney World workers have reached a tentative agreement with parent Walt Disney Co regarding wages, union body International Brotherhood of Teamsters said on Friday.
Wall Street mixed as U.S.-Canada trade talks end
The S&P 500 ended flat while the Dow edged down and the Nasdaq closed higher in light trading on Friday as Canada and the United States concluded trade talks without resolution ahead of the Labor Day weekend.
U.S. to move ahead with Mexico trade pact, keep talking to Canada
Contentious U.S.-Canada trade talks ended on Friday with no deal to revamp the North American Free Trade Agreement after the mood soured, and President Donald Trump notified Congress of his intent to sign a bilateral trade pact with Mexico.
Mexico calls U.S. notification to Congress on trade deal ‘step forward’
Mexico’s Economy Ministry said on Friday that the U.S. notification to Congress of its intent to sign a trade accord with Mexico represents progress in formalizing agreements reached in talks to renegotiate the North American Free Trade Agreement (NAFT…
