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White House will look 'very carefully' at Peugeot, Fiat Chrysler deal: Kudlow

President Donald Trump's administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry Kudlow said on Friday.



4 years ago

Interested in a High Interest Bitcoin Saving’s Account? Interview with Ledn CEO, Adam Reeds

NCFA | Craig Asano | Nov 1, 2019 NCFA recently sat down with Toronto-based Ledn's CEO and Co-Founder Adam Reeds (LinkedIn) to learn more about the rise of Decentralized Finance (DeFi) and the company's tremendous growth in Latin America. There are a number of growing DeFi use cases based around blockchain technologies and decentralized networks

4 years ago

White House adviser Kudlow sees optimism over China trade deal

China trade talks are making progress and the United States still aims to sign an initial deal this month, although the phase one agreement remains unfinished and some issues will be pushed to a second pact, a White House official said on Friday.



4 years ago

Fed's Clarida says the U.S. economy is in good place after rate cuts

The three rate cuts passed by the Federal Reserve this year leave the U.S. economy better armed to withstand the risks of a global slowdown, Fed Vice Chair Richard Clarida said on Friday.



4 years ago

U.S. construction spending beats expectations on homebuilding

U.S. construction spending increased more than expected in September as investment in homebuilding rose its highest level in nine months.



4 years ago

AbbVie says multiple parties vying for assets related to Allergan deal approval

AbbVie Inc said on Friday it was in talks with several parties interested in buying the two assets it intends to divest for the completion of its $63 billion deal to buy drugmaker Allergan Plc .



4 years ago

U.S., China trade working hard to conclude trade deal: Mnuchin

The United States and China are working hard to conclude a trade deal following directions from their leaders, U.S. Treasury Secretary Steven Mnuchin said on Friday.



4 years ago

Trump wants UK trade deal but concerns remain about EU: U.S.'s Kudlow

U.S. President Donald Trump would like to make a trade deal with Britain but his administration is concerned with European stipulations as the United Kingdom remains mired in Brexit, White House economic adviser Larry Kudlow said on Friday.



4 years ago

Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources

India's antitrust body has sought more information from Amazon.com Inc about its planned acquisition of a stake in India's Future Retail , sources with knowledge of the matter told Reuters, which could potentially delay the deal.



4 years ago

Goldman Sachs says antitrust to heat up in 2020, pressure Facebook, Google shares for 'years'

Republican and Democrat distrust of big tech poses a threat to companies like Google and Facebook, according to Goldman Sachs.

4 years ago

Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million

China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business.



4 years ago

Three flight attendant unions voice alarm after 737 MAX hearings

Unions representing flight attendants at the three U.S. airlines that operate Boeing Co's 737 MAX said they are more reluctant to support the grounded jet's return after congressional hearings this week on its development.



4 years ago

China may impose $3.58 billion in annual trade sanctions on U.S.: WTO panel

A World Trade Organization (WTO) panel said on Friday that China could slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove anti-dumping duties, a figure that was roughly half what China had sought.



4 years ago

Exclusive: U.S. opens national security investigation into TikTok - sources

By Greg Roumeliotis, Yingzhi Yang, Echo Wang and Alexandra Alper



4 years ago

AIG's profit misses estimates on life unit review, catastrophe losses

American International Group Inc missed analysts' estimates for third-quarter profit on Friday due to weakness in the insurer's life and retirement unit and a difficult period for catastrophe losses.



4 years ago