Trump ratchets up pressure on Canada, Mexico over trade
WASHINGTON/MEXICO CITY (Reuters) – U.S. President Donald Trump increased pressure on Canada and Mexico over trade on Monday, saying the two could avoid being caught in his planned hefty tariffs on steel and aluminum imports if they ceded ground to Wash…
U.S. security panel deals major blow to Broadcom’s bid for Qualcomm
(Reuters) – The U.S. government has ordered a national security review of Singapore-based Broadcom Ltd’s $117 billion bid for Qualcomm Inc , in an unusual move that prompted Qualcomm to delay its March 6 shareholder meeting.
Trump’s tariffs set to dominate final day of NAFTA talks
MEXICO CITY (Reuters) – Ministers from the United States, Canada and Mexico meet on Monday to wrap up the latest round of NAFTA talks under the shadow of U.S. President Donald Trump’s proposed steep tariffs on steel and aluminum imports.
Dow down for fifth straight day as trade war fear weighs
(Reuters) – The Dow Jones Industrial Average fell for the fifth straight day on Monday as concerns about a global trade war following President Donald Trump’s threat to impose hefty tariffs kept investors on the edge.
IEA sees U.S. oil output surge stealing OPEC share in next five years
HOUSTON/LONDON (Reuters) – U.S. shale oil output is set to surge over the next five years, stealing market share from OPEC producers and moving the United States, once the world’s top oil importer, closer to self sufficiency, the International Energy A…
Ford to temporarily layoff about 2,000 hourly employees at Michigan
(Reuters) – Ford Motor said it would temporarily layoff about 2,000 hourly employees at its Michigan assembly and stamping plants in Wayne, as the factories undergo retooling to build the Ranger pickup trucks and Bronco sport utility vehicles.
Trump suggests Canada, Mexico could win tariff exemption
WASHINGTON/MEXICO CITY (Reuters) – U.S. President Donald Trump on Monday appeared to suggest that Canada and Mexico could win exemptions to his planned sweeping tariffs on steel and aluminum if the two countries sign a new NAFTA trade deal and take oth…
Wall Street set to open lower as trade war fear grips markets
(Reuters) – Wall Street looked set to open lower on Monday as investors remained concerned about the increasing likelihood of a global trade war following President Donald Trump’s threat to impose hefty tariffs.
U.S. security panel delays Broadcom-Qualcomm merger showdown
(Reuters) – A U.S. national security panel on Sunday ordered Qualcomm Inc to put off its March 6 annual shareholder meeting by a month, delaying a long awaited showdown in the company’s attempt to fend off a takeover by Singapore-based Broadcom Ltd .
CN Rail CEO steps down, marketing chief at helm in interim
(Reuters) – Canadian National Railway Co said on Monday Chief Executive Officer Luc Jobin would step down immediately.
