Trading Ideas
Forget the Permian Basin: This Oil Basin Is Where the Growth Is Right Now
With pipeline constraints stalling growth, several oil producers are starting to shift their focus to this emerging oil play. …read more […]
Month: August 2018
Business News
Exclusive: Saudi king tipped the scale against Aramco IPO plans
The king spoke, and a $2 trillion dream went up in smoke.
Business News
Exclusive: U.S., Mexico reach NAFTA deal; talks with Canada to start immediately
The United States and Mexico reached a deal on Monday to replace the North American Free Trade Agreement (NAFTA) and talks with Canada were expected to begin immediately in the hopes of reaching a final agreement by Friday, a senior U.S. trade official said.
Business News
Canada says will continue to work for new NAFTA deal
Canada is encouraged by the continued optimism shown by its NAFTA partners and will continue to negotiate for a deal, but will only sign a new agreement that is good for Canada, a spokesman for Foreign Minister Chrystia Freeland said on Monday.
Business News
Mexico’s President says to speak with Trump on NAFTA advances
Mexico’s President Enrique Pena Nieto said on Twitter on Monday that he will speak with U.S. President Donald Trump shortly on advances made in the renegotiation of the NAFTA trade deal so that Canada can rejoin trilateral talks.
Business News
Mexico, U.S. reach NAFTA deal, ask Canada to return to talks
Mexico and the United States have reached an agreement on bilateral issues in the renegotiation of the North American Free Trade Agreement (NAFTA) a Mexican source said on Monday, opening the door for Canada to return to the talks.
Business News
Advent to invest $485 million in Walmart operations in Brazil
Advent International, the private equity firm that acquired 80 percent of Walmart Inc ‘s Brazilian operations, is going to invest 1.9 billion reais ($485.66 million) in the existing stores as part of an agreement with the world’s biggest retailer, according to a document published in Brazil’s official gazette.
Trading Ideas
Has Geron Corporation's Stock Been De-Risked?
Last Friday, Geron’s shares spiked on a job posting by its partner Johnson & Johnson that seems to indicate that a key decision on a drug is near. …read more […]
Business News
Take Five: World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Business News
World stock index at highest in over five months on NAFTA hopes
An index of major world stock markets rose to its highest level in more than five months on Monday following signs of progress on a U.S.-Mexico trade deal and reassuring comments from the U.S. Federal Reserve chief.
Business News
Mexico-U.S. NAFTA agreement eyed for Monday, Trump flags ‘big deal’
Mexico and the United States are close to agreement on bilateral issues in the renegotiation of the North American Free Trade Agreement (NAFTA), a top Mexican official said on Monday, as U.S. President Donald Trump tweeted a “big deal” was “looking good.”
Business News
Trump to make trade announcement Monday morning: White House
President Donald Trump will make a trade announcement at 11 a.m. (1500 GMT) on Monday, the White House said, as anticipation builds that the United States and Mexico are close to an agreement between the two North American Free Trade Agreement nations.
Business News
S&P, Nasdaq hit records as Wall Street rises on NAFTA optimism
U.S. stocks posted strong gains on Monday, with the benchmark S&P 500 and the Nasdaq hitting all-time highs, as news that the United States and Mexico were closing in on a trade deal added to optimism about the economy.
Trading Ideas
US, Mexico nearing new NAFTA deal
Negotiators from the US and Mexico are meeting again today, trying to hammer out a new NAFTA deal. Yahoo Finance’s Melody Hahm, Maylan Studart and Michael Kelley have more on what it could mean. …read more […]
Business News
Turkey says wants to take relations with EU to a new phase
Turkey wants to take it relations with the European Union to a new phase in a period when its trade with the bloc is more important, Finance Minister Berat Albayrak said on Monday.