U.S. trade deficit rises to ten-month high in June
WASHINGTON, Aug 5 (Reuters) – The U.S. trade deficit rose to a 10-month high in June as rising domestic demand and higher oil prices boosted the import bill while the lagging effects of a strong dollar continued to hamper export growth.
Nissan says Brexit deal will determine future UK plant investment: BBC
LONDON (Reuters) – The chief executive of Japanese carmaker Nissan said future investment decisions about Britain’s biggest car plant will depend on the terms of a Brexit deal struck with the European Union on customs, trade and free movement of goods…
Toyota developing new taxi for Japan, ties up with hire-taxi body
TOKYO (Reuters) – Toyota Motor Corp is developing a next-generation taxi for the Japanese market and it has formed a partnership with the country’s hire-taxi federation to explore uses for new technology, the company said on Friday.
Wal-Mart’s new scheduling system looks to improve peak-hour staffing
CHICAGO (Reuters) – Wal-Mart Stores Inc has implemented a new system for scheduling workers at 650 U.S. stores, the company said, as it aims to improve staffing levels during peak shopping times and offer more certainty over hours for employees.
Airbus closes on rival Boeing in jet order race
PARIS/NEW YORK (Reuters) – Airbus virtually closed the gap with Boeing in their intense battle for airliner orders in July after booking about half of the 197 firm sales unveiled at last month’s Farnborough Airshow, according to the latest data from b…
New York regulator queries Goldman again on Malaysia’s 1MDB fund: source
(Reuters) – New York state’s financial regulator has sent a second request to Goldman Sachs Group Inc for information about its fundraising for Malaysian sovereign wealth fund 1MDB, a person familiar with the matter said.
Wall St. flat as investors look to jobs data
NEW YORK (Reuters) – Wall Street stocks ended little changed on Thursday as investors kept to the sidelines ahead of Friday’s U.S. payrolls report for July.
Iran nuclear pact opponents lobby in U.S. against Boeing, Airbus deals
WASHINGTON (Reuters) – As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year’s nuclear pact with the Islamic republic have launched a lobbying campaign against the…
Business groups sue over new U.S. limit on tax-driven foreign buyouts
NEW YORK/WASHINGTON (Reuters) – Two business groups sued the Obama administration on Thursday over a crackdown on U.S. companies that try to reduce their U.S. taxes by rebasing abroad in a process known as inversion.
Investor Wilbur Ross urges Trump not to let his behavior become the issue
NEW YORK (Reuters) – Billionaire investor Wilbur Ross stood behind Republican Donald Trump but urged him to stop engaging in exchanges that benefit the Democrats and make the real estate mogul’s behavior the issue in the U.S. presidential campaign.
