Bayer cuts forecasts on Monsanto delay as lawsuits pile up
FRANKFURT (Reuters) – Bayer cut its earnings forecast on Wednesday due to delays to its $63 billion takeover of Monsanto,…
Trump says Canada not needed in NAFTA deal, warns Congress not to interfere
WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday there was no need to keep Canada in the North…
Exclusive: Brazil prosecutors hope to strike deal lifting glyphosate injunction
BRASILIA (Reuters) – Brazil federal prosecutors are negotiating with health authority Anvisa and the agriculture ministry to reach a deal…
U.S. to move ahead with Mexico trade pact, keep talking to Canada
WASHINGTON/TORONTO (Reuters) – Contentious U.S.-Canada trade talks ended on Friday with no deal to revamp the North American Free Trade…
Canada rejoins NAFTA talks as U.S. autos tariff details emerge
WASHINGTON (Reuters) – Canada’s top trade negotiator praised Mexico’s trade concessions on autos and labor rights on Tuesday as she…
U.S., Mexico reach NAFTA deal, turn up pressure on Canada
WASHINGTON (Reuters) – The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA),…
Exclusive: U.S., Mexico reach NAFTA deal; talks with Canada to start immediately
WASHINGTON (Reuters) – The United States and Mexico reached a deal on Monday to replace the North American Free Trade…
Mexico, U.S. likely ‘hours’ away from NAFTA agreement -minister
WASHINGTON (Reuters) – U.S. and Mexican trade negotiators are “hours” away from squaring away bilateral differences on the North American…
Trump says Mexico trade deal near; NAFTA hurdles seen easing
WASHINGTON (Reuters) – President Donald Trump said on Saturday that the United States could reach a “big Trade Agreement” with…
Canada to rejoin NAFTA talks once U.S., Mexico resolve bilateral issues: Freeland
RICHMOND, British Columbia (Reuters) – Mexico and the United States need to resolve complicated bilateral issues before modernization of the…
Foreign automakers oppose Trump NAFTA plan as U.S-Mexico talks resume
WASHINGTON (Reuters) – Foreign-brand automakers with U.S. plants do not support Trump administration rules to raise the amount of local…
Heineken considers closing Brazilian factories due to court dispute
SAO PAULO (Reuters) – Heineken NV (HEIN.AS), the world’s second-largest beer maker, is considering closing two factories in northeastern Brazil…
Brazil slams Venezuela as measles spreads across border
BRASILIA (Reuters) – Brazil complained on Thursday that Venezuela was doing nothing to stop the spread of an outbreak of…
Canada ‘very keen’ on wrapping up year-old NAFTA talks
OTTAWA (Reuters) – Canada is “very keen” on concluding negotiations to renew the North American Free Trade Agreement as soon…
Congo declares new Ebola outbreak in eastern province
GOMA, Democratic Republic of Congo (Reuters) – Four people have tested positive for Ebola in eastern Democratic Republic of Congo…
Global auto powers plotting response to Trump auto tariff threats
MEXICO CITY/OTTAWA (Reuters) – Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to…
Trade war puts the hoof into U.S. pig part exports to China
CHICAGO (Reuters) – Before the U.S.-China trade war, American pig processors exported nine out of every 10 pigs’ feet and…
Planemakers to kickstart Farnborough jetliner order battle
FARNBOROUGH, England (Reuters) – Aerospace firms Airbus (AIR.PA) and Boeing (BA.N) will kickstart a contest for tens of billions of…
House Speaker casts doubt on Congress acting to stop trade tariffs
WASHINGTON (Reuters) – U.S. House Speaker Paul Ryan said on Thursday that while he does not support President Donald Trump’s…
U.S. mergers help bank fees spike to record highs
NEW YORK (LPC) – A record $1.45 trillion of US syndicated lending to companies for acquisitions, leveraged buyouts, dividends and…
Venezuela’s domestic airline industry suffers amid economic crisis
MAIQUETIA, Venezuela (Reuters) – Venezuela’s domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare…
Oil falls as Saudi output rises to compensate for disruptions
SINGAPORE (Reuters) – Oil prices fell by more than one percent on Monday as investors eyed rising supplies in Saudi…
Saudi king said will boost oil output if needed: White House
WASHINGTON/RIYADH (Reuters) – The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed…
Trump says Saudi king agreed to raise oil output by up to 2 million barrels
WASHINGTON/RIYADH (Reuters) – U.S. President Donald Trump said on Saturday that Saudi Arabia’s King Salman had agreed to his request…
Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices
WASHINGTON (Reuters) – Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent…
OPEC agrees modest hike in oil supply after Saudi and Iran compromise
VIENNA (Reuters) – OPEC agreed on Friday on a modest increase in oil production from next month after its leader…
Walmart sells majority of Brazil unit, takes $4.5 billion charge
NEW YORK/SAO PAULO (Reuters) – Walmart Inc (WMT.N) said on Monday that it has sold an 80 percent stake in…
Walmart sells majority of Brazil unit, takes $4.5 billion charge
NEW YORK/SAO PAULO (Reuters) – Walmart Inc (WMT.N) said on Monday that it has sold an 80 percent stake in…
Adidas takes 12-10 lead over Nike in World Cup shirt deals
BERLIN (Reuters) – Adidas (ADSGn.DE) can declare itself the winner over arch rival Nike (NKE.N) in the upcoming soccer World…
Fiat Chrysler boss to tackle Europe, bet on Jeep in his last lap
BALOCCO, Italy (Reuters) – Fiat Chrysler (FCHA.MI) boss Sergio Marchionne is expected to show on Friday how the carmaker plans…
Exclusive: Mexico central bank ready for election, could support peso-Diaz de Leon
MEXICO CITY (Reuters) – Mexico’s central bank is prepared for different scenarios resulting from the country’s July 1 presidential vote,…
Oil falls as OPEC, Russia look to raise output amid U.S. surge
SINGAPORE (Reuters) – Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said…
Oil prices fall as top three producers look to boost supplies
SINGAPORE (Reuters) – Oil prices fell on Monday, extending a steep decline in the previous session, as the market eyed…
Oil output could return to October 2016 level, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place in October 2016, baseline for the…
Return to pre-deal oil output levels possible, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place prior to the 2016 deal to…
Mexico’s Pena Nieto ‘optimistic’ on NAFTA as country makes new offer
MEXICO CITY/WASHINGTON (Reuters) – Mexican President Enrique Pena Nieto on Thursday expressed optimism about NAFTA talks that have been thrown…
U.S.-China trade deal ‘too hard to get done,’ Trump says
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S. and China’s trade talks, saying…
Beer maker AB InBev pumps up the volume in Africa
JOHANNESBURG/BRUSSELS/LONDON (Reuters) – Sitting outside the ramshackle Vimba Tavern in Johannesburg’s Alexandra township, Patrick Mashego swigs from a one-liter bottle…
Britain unlikely to investigate Comcast bid for Sky, says minister
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s (CMCSA.O) bid for Sky (SKYB.L) for a lengthy investigation…
Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions
SINGAPORE (Reuters) – Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC…
Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to…
U.S. pushing for NAFTA deal as Thursday deadline approaches
WASHINGTON (Reuters) – The United States is pushing for a deal in negotiations on a revised North American Free Trade…
Maduro seizes Kellogg plant after it leaves Venezuela due to crisis
CARACAS (Reuters) – U.S.-based cereal maker Kellogg Co (K.N) on Tuesday pulled out of Venezuela due to the country’s deep…
NAFTA math may not add up to more U.S. auto jobs
DETROIT (Reuters) – Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States…
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased…
Conoco has seized Venezuela PDVSA products from Isla refinery: Curacao
(Reuters) – U.S. oil major ConocoPhillips (COP.N) has seized products belonging to Venezuelan state oil company PDVSA from the Isla…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest…