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Updated: 49 min 23 sec ago

With little movement, NAFTA talks said to run risk of stalemate

5 hours 25 min ago
MEXICO CITY (Reuters) - Talks to update the North American Free Trade Agreement appeared to be in danger of grinding toward a stalemate amid complaints of U.S. negotiators' inflexibility, people familiar with the process said on Sunday.

Avolon firms up deal for 75 Boeing jets, may order 20 more

5 hours 53 min ago
HONG KONG/PARIS (Reuters) - Chinese-owned aircraft leasing company Avolon has firmed up an order for 75 Boeing airplanes and may order 20 more, its parent Bohai Capital said on Sunday.

Airbus faces tricky hurdles over stalled A380 Emirates deal

7 hours 10 min ago
DUBAI (Reuters) - A preliminary deal to sell 36 A380s to Emirates blew up in an Airbus hospitality chalet moments before the Gulf carrier was expected to shower $30 billion on the planemaker and its U.S. rival Boeing at the start of last week's Dubai Airshow.

Battered GE shares lure some buyers but worst may not be over

14 hours 38 min ago
NEW YORK (Reuters) - General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over.

'No fireworks' at NAFTA talks, but few signs of progress

Sat, 11/18/2017 - 6:11pm
MEXICO CITY (Reuters) - Negotiations in Mexico to update NAFTA have not made much progress on tough U.S. demands that could sink the 1994 trade pact but the current round of talks are progressing with civility, a well-placed source said on Saturday.

'No fireworks' at NAFTA talks, but few signs of progress: source

Sat, 11/18/2017 - 2:17pm
MEXICO CITY (Reuters) - Negotiators at high stakes talks to update NAFTA have so far kept their tempers but are not making much progress on tough U.S. demands that could sink the 1994 trade pact, a well-placed source said on Saturday.

Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source

Sat, 11/18/2017 - 1:24pm
BRUSSELS (Reuters) - U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said.

Honda recalling 900,000 minivans because seats may tip forward

Sat, 11/18/2017 - 9:58am
WASHINGTON (Reuters) - Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted.

Volkswagen to invest $27 billion in core brand until 2022

Sat, 11/18/2017 - 7:10am
FRANKFURT (Reuters) - Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending program aimed at bolstering its position as a maker of electric cars.

Verizon close to announcing digital streaming deal with NFL: Bloomberg

Fri, 11/17/2017 - 8:30pm
(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familiar with the matter.

Business jets risk U.S. pilot shortage on competition from airlines

Fri, 11/17/2017 - 7:14pm
MONTREAL (Reuters) - Business jet operators, already offering double digit raises to attract pilots, could face a labor shortfall in North America as they compete with U.S. airlines for talent, executives and analysts said.

Despite Amazon, brick stores are not dead yet

Fri, 11/17/2017 - 5:20pm
NEW YORK (Reuters) - Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail.

Buyers circle suddenly attractive U.S. media companies

Fri, 11/17/2017 - 4:44pm
WASHINGTON (Reuters) - All of a sudden, it seems, everybody wants to own a U.S. media company.

Wall Street pulls back at week's end with tax changes mulled

Fri, 11/17/2017 - 4:24pm
NEW YORK (Reuters) - Wall Street ended the week on a sour note on Friday, with major indexes slipping modestly as investors weighed the fate of the Republicans' tax overhaul plan.

U.S. rejects Ford petition to delay recall of three million vehicles

Fri, 11/17/2017 - 3:01pm
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recall of about 3 million vehicles with potentially defective air bag inflators to conduct additional testing.

Wall Street set to end week on whimper as tax changes mulled

Fri, 11/17/2017 - 2:49pm
NEW YORK (Reuters) - Wall Street was set to end the week on a muted note on Friday, with major indexes slipping modestly, as investors weighed the fate of the Republicans' tax cut plan.

Wall Street slips on worries over tax plan's progress

Fri, 11/17/2017 - 12:58pm
(Reuters) - Wall Street indexes were under pressure on Friday as investors were skeptical about the Republicans' efforts to pass the tax bill.

Volkswagen accelerates push into electric cars with $40 billion spending plan

Fri, 11/17/2017 - 12:50pm
WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.

Tesla's unfettered ambition will drain finances: analysts

Fri, 11/17/2017 - 12:44pm
(Reuters) - Tesla Inc shares rose on Friday as analysts questioned how soon Chief Executive Elon Musk will have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan.

Nearly 2,000 Siemens employees protest against job cuts

Fri, 11/17/2017 - 12:27pm
BERLIN (Reuters) - Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union.