Singapore watchdog sets interim terms for Uber-Grab deal
SINGAPORE (Reuters) – Singapore’s competition watchdog on Friday outlined a number of interim measures as it continued investigation into ride-hailing firm Grab’s deal to buy Uber Technologies’ business in the city-state.
Trade war backfire: Steel tariff shrapnel hits U.S. farmers
KANE COUNTY, Ill. (Reuters) – Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new $71,000 grain storage bin last month – after the seller raised the price 5 percent in a day.
Trump says U.S. will only join Pacific trade pact if terms are improved
WASHINGTON (Reuters) – U.S. President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade pact his administration walked away from last year, if it offered “substantially better” terms than those pro…
Deal-making spike seen as positive sign for U.S. stock market, for now
NEW YORK (Reuters) – Investors are optimistic that a pickup in corporate acquisitions stands to support the volatile U.S. stock market, and does not represent a worrisome cyclical sign.
Stocks pare gains on uncertainties over trade, mixed China data
TOKYO/SYDNEY (Reuters) – Asia stocks pared early gains on Friday as caution crept in ahead of the U.S. earnings season and as investors weighed the possible impact on global growth from a tariff spat between the United States and China.
Trump says would only join TPP if deal were substantially better than offered to Obama
(Reuters) – President Donald Trump said late on Thursday he would only consider joining the landmark Trans-Pacific Partnership trade agreement if it were a “substantially better” deal than the one offered to President Barack Obama.
Trump orders review of U.S. Postal Service following criticism of Amazon
WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday ordered the creation of a task force to study the U.S. Postal Service and its financial difficulties, after recently claiming without evidence that deliveries for Amazon.com Inc were costi…
GM says sticking to April 20 deadline for GM Korea restructuring
DETROIT/SEOUL (Reuters) – General Motors Co’s president said common ground must be reached on a long-term financial restructuring of GM’s South Korean auto unit by April 20 and if there was none, the operation would likely seek bankruptcy protection.
AT&T economist argues Time Warner merger is good for consumers
WASHINGTON (Reuters) – AT&T’s proposed merger with Time Warner Inc would save consumers money because the marriage of a pay-TV provider with a movie and TV giant would create a more efficient company, an economist testifying for AT&T said in court on Thursday
Stocks bounce as Trump changes tack on Syria, earnings hopes
TOKYO (Reuters) – Global stocks recovered to three-week highs on Friday as anticipated strong earnings season took center stage after U.S. President Donald Trump backtracked on his suggestion of an imminent missile attack on Syria.
