Global stocks slip as uncertainty over NAFTA nags
Global stocks eased on Wednesday on uncertainty over Canada’s position in NAFTA, and with investors also nervous ahead of a deadline for the next round of China-U.S. tariffs next week.
Canada, U.S. set for second day of NAFTA talks amid growing optimism
Canada and United States are set to tackle their contentious issues in bilateral talks on Wednesday, as the two nations work to salvage the North American Free Trade Agreement amid signs Ottawa was open to taking a more conciliatory approach.
Exclusive: Hyundai to ship China-made cars to Southeast Asia amid erratic sales recovery
Hyundai Motor Co plans to ship China-made cars to Southeast Asia, its China joint venture and two people familiar with the matter told Reuters, as a plunge in Chinese sales has left much of its massive local manufacturing capacity idled.
Global stocks hover as investors still on tenterhooks over trade deal
Global stocks faltered on Wednesday as optimism over a U.S.-Mexico trade deal faded with investors anxious about Canada’s acquiescence and eyeing a deadline for the next round of China-U.S. tariffs next week.
South African farmers play chicken with Trump tariffs
Herman Pretorius is just the kind of white South African farmer U.S. President Donald Trump expressed concern for when he barged into the country’s delicate land reform debate by ordering an investigation into the “large-scale killing of farmers”.
Restaurant operator Yum China rejects $17.6 billion Hillhouse-led offer: sources
Fast-food chain operator Yum China Holdings Inc has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia’s biggest deals this year, people with direct…
Carlsberg to expand France brewery, its largest in Europe
Carlsberg said on Wednesday it will increase capacity its Kronenbourg brewery in Obernai, France, its largest in Europe, with a 100 million euro ($117 million) investment.
Stocks hover as investors still on tenterhooks over trade deal
Global stocks faltered on Wednesday as optimism over a U.S.-Mexico trade deal faded with investors anxious about Canada’s acquiescence and eyeing a deadline for the next round of China-U.S. tariffs next week.
Aston Martin plans to go public as turnaround picks up speed
Luxury carmaker Aston Martin plans to float on the London Stock Exchange, completing a turnaround for the once perennially loss-making company that could now be valued at up to 5 billion pounds ($6.4 billion).
China’s Geely building new plant to make 250,000 bigger-sized cars: sources
China’s Geely is building a new plant to produce a quarter of a million bigger-sized cars that will help meet a goal of selling more than 2 million vehicles by 2020 and power its growth, two people familiar with the matter said.
