• U.S., Mexico reach tentative trade deal that could replace NAFTA
U.S., Mexico reach tentative trade deal that could replace NAFTA

Trump suggested that he might leave Canada out of a new agreement . "But one way or the other, we have a deal with Canada". After months of negotiations, President Donald Trump on Monday announced the United States and Mexico have come to an agreement on revisions to key parts of the North American Free Trade Agreement (NAFTA ) - a trade...

Read more

  • China studies 'White Trash' book to help understand what drives Donald Trump
China studies 'White Trash' book to help understand what drives Donald Trump

Mexico recently opened its oil and gas sector to foreign investors, including many from the United States. President Trump says they will begin negotiating, and he threatened to add tariffs to cars Canada imports if they don't agree to a deal.

Read more

  • Berkshire Hathaway Backs India’s Largest Digital-Payment Brand Paytm
Berkshire Hathaway Backs India’s Largest Digital-Payment Brand Paytm

Berkshire's investment could be clinched in the coming weeks, valuing Paytm at over $10 billion, the paper said. One97 Communications , the parent company owns 49% in Paytm Payments Bank with the remaining stake held by its founder Vijay Shekhar Sharma in his personal capacity as per regulations.

Read more

  • Wall Street rallies on US-Mexico trade deal
Wall Street rallies on US-Mexico trade deal

The hope is to have a deal for Mexican President Enrique Pena Nieto to sign before he leaves office, and the more left-leaning Andres Manuel Lopez Obrador takes over as president. "(It) is definitely good news for Mexico and the U.S., but could be good or very bad for Canada", Capital Economics Chief U.S. Economist Paul Ashworth wrote in a note t...

Read more

  • Toyota to invest $500m in Uber at $72b valuation
Toyota to invest $500m in Uber at $72b valuation

Toyota already has a relationship with Uber, albeit not as closely as under this new arrangement. An exterior view of the headquarters of Uber in San Francisco in 2017. Uber has admitted its technology lags Waymo, and the crash in Arizona was a further setback in development and testing. Uber has been doing a safety evaluation of its autonomous...

Read more

  • Saudi Arabia Advances with Economic Reforms, Non-oil Economy Growth Picks up
Saudi Arabia Advances with Economic Reforms, Non-oil Economy Growth Picks up

According to Al-Massira, a military source said without providing further details about the target that the army's naval force carried out a special operation on Saudi territorial waters in the Red Sea and hit a military base. But Aramco executives have repeatedly cited unfavourable market conditions to push back the IPO, earlier scheduled for th...

Read more

  • Trump Organization CFO granted immunity in Cohen investigation
Trump Organization CFO granted immunity in Cohen investigation

A year ago, Trump told The New York Times that Mueller would be crossing a "red line" if he began to look at Trump's and his family's finances unrelated to Russian Federation. Mueller's prosecutors, led by Andrew Weissmann, wrote, "The government hereby gives notice as required" that in the unlikely case Manafort reverses himself and decides to...

Read more

  • SEC Rejects ETF Proposals From Three Companies
SEC Rejects ETF Proposals From Three Companies

But the SEC's four commissioners will review those decisions , according to letters the SEC posted on its website. The verdict of the regulator has been postponed three times, so far, thus a definitive stance on this matter is expected tomorrow, August 23rd for Proshares' ETF based on Bitcoin ( BTC ).

Read more

  • Ryanair to start charging for cabin bags
Ryanair to start charging for cabin bags

For non-priority passengers taking a small carry-on, it will only be free as long as it fits under the seat in front. As indicated, the changes, which are *effective from 1 November, do not impact priority customers, who can still carry on two free bags ( one wheelie bag and one small bag ).

Read more

  • All eyes on Jackson Hole with the Fed’s Economic Policy Symposium
All eyes on Jackson Hole with the Fed’s Economic Policy Symposium

While Powell noted recent increases in inflation, he said there was no sign it would move much above the Fed's 2 per cent target and that "there does not seem to be an elevated risk of overheating". Powell's careful comments aren't likely to convince Trump, who insiders say is concerned that a rate-driven economic slowdown could hit right as he's...

Read more

  • NAFTA talks in ‘final hours’ Mexican Economy Minister says
NAFTA talks in ‘final hours’ Mexican Economy Minister says

The nations achieved significant breakthroughs in the past several days on the critical issues of automobiles and energy, according to the people, who asked not to be named discussing private talks. The U.S. agreed to keep the 2.5 percent tariff now applied under World Trade Organization rules if the cars are made at factories that already exist, a...

Read more

  • Trump executive granted immunity in Cohen inquiry
Trump executive granted immunity in Cohen inquiry

Attorney General Barbara Underwood's office sought the referral in recent days, following the criminal charges brought against President Donald Trump's former personal attorney by federal prosecutors in the US Attorney's Office for the Southern District of NY, this person said.

Read more

  • After California firefighter throttling flap, Verizon lifts first responder speed caps
After California firefighter throttling flap, Verizon lifts first responder speed caps

Still, Verizon conceded, "we have a practice to remove data speed restrictions when contacted in emergency situations". Further, in the event of another disaster, Verizon will lift restrictions on public safety customers, providing full network access.

Read more

  • Elon Musk says Tesla will not go private after all
Elon Musk says Tesla will not go private after all

Funding secured. Those two little words may come back to haunt Elon Musk , who yesterday committed a spectacular U-turn and published a blog post on the Tesla website stating that Tesla ( NASDAQ:TSLA ) would remain a publicly traded company (here).

Read more

  • US prosecutors grant Trump Organization CFO immunity in Cohen probe
US prosecutors grant Trump Organization CFO immunity in Cohen probe

Just because Mr Weisselberg and Mr Trump's sons were given control, that does not preclude others from handling the business. Through his lawyer, Cohen has said that collecting contributions through a GoFundMe page, set up after his guilty plea this week, is the only way to ensure that the truth about the President comes out.

Read more

  • No-Brexit deal may mean higher cross-border payment costs
No-Brexit deal may mean higher cross-border payment costs

The UK Government has offered a guarantee to universities and research institutes receiving money through the Horizon 2020 programme, which has provided 4.6 billion euro to fund British research since 2014. However, in a letter to Treasury Committee chair Nicky Morgan, Hammond pointed to government analysis from earlier this year laying out the...

Read more

  • Kalashnikov to develop new electric supercars
Kalashnikov to develop new electric supercars

It appeared as part of Kalashnikov's latest offerings at the Army 2018 International Military Technology Forum in Moscow. Holding company Kalashnikov Concern said it has developed some cutting-edge elements for the "electric supercar", including a "revolutionary" inverter.

Read more

  • WTI crude futures gain 3.07 pct on drop of inventories
WTI crude futures gain 3.07 pct on drop of inventories

An oil pump jack of Canadian group Vermilion Energy is pictured in Parentis-en-Born, France, October 13, 2017. Meanwhile, Brent crude, which is the global benchmark of crude oil , rose by $1.48 to $74.11 a barrel. "Investors remain cautious as Wednesday's surprise gain in USA stockpiles remained fresh in their minds", the bank said on Friday. ...

Read more

  • Falling down: How the Trump-Cohen relationship crumbled
Falling down: How the Trump-Cohen relationship crumbled

Weisselberg was subpoenaed last month to testify as part of the ongoing criminal investigation into Trump's former attorney Michael Cohen , the Journal reported . But the verdict and guilty plea in northern Virginia and Manhattan are categorically different from the Trump controversies and conflagrations that have come before.

Read more

  • Rudy Giuliani: If Trump was impeached Americans would ‘revolt’
Rudy Giuliani: If Trump was impeached Americans would ‘revolt’

He declared that while he's attorney general "the actions" of the DOJ " will not be improperly influenced by political considerations". Or are congressional Republicans so deeply in Trump's pocket that they would continue to back him regardless of the evidence gathered against him? Trump also added that people who are being prosecuted, decide ...

Read more