Business & Economics :: Trade

Traders bet on obscure e-commerce stock in speculation over bitcoin's blockchain technology

cnbc.com

Traders bet on obscure e-commerce stock in speculation over bitcoin's blockchain technology


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Airbus strikes deal with Canada's Bombardier amid US trade dispute

france24.com

Airbus strikes deal with Canada's Bombardier amid US trade dispute


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Georgia governor heads to France, Italy for weeklong trade mission | Political Insider

ajc.com

Georgia governor heads to France, Italy for weeklong trade mission | Political Insider


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Hillary Clinton warns Britain on potential trade deal with Trump

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Hillary Clinton warns Britain on potential trade deal with Trump


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Strong retail sales lift US stocks; Nasdaq at record

channelnewsasia.com

Strong retail sales lift US stocks; Nasdaq at record


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Maryland to open international trade office in United Kingdom

baltimoresun.com

Maryland to open international trade office in United Kingdom


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Business leaders say no NAFTA better than bad deal

reuters.com

Business leaders say no NAFTA better than bad deal


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Popular Stories

Indiana Gov. Holcomb headed on trade mission to India
INDIANAPOLIS (AP) - Indiana Gov. Eric Holcomb is going on a trade mission to India next week. The Republican will be joined by Indiana's First Lady Janet Holcomb and Indiana Secretary of Commerce Jim Schellinger. They are visiting Delhi, Bangalore, Mysore and Pune. The goal of the trip is to meet with government officials and prospective businesses that may be interested in establishing a presence in Indiana   Read More ...
Categories: Business | 
Tags: Trade | 
Places: Americas |  North America |  United States |  Asia |  S. Asia |  India |  Midwest |  East |  Indiana | 
Nikkei on track for another two-decade high as other Asian markets mixed
Global equities rose Thursday, with key Asian indexes gaining led by strength in Japan, thanks to a weaker yen and robust trade data. The Nikkei Stock Average was up 0.4% in early trade, on track to post another two-decade high. The yen’s 0.7% drop overnight against the U.S. dollar helped lift exporters, with auto makers rising about 0.7%, while insurance firms notched gains of more than 1%   Read More ...
Categories: Business | 
Tags: Markets |  Trade |  Equity Markets | 
Places: Americas |  North America |  United States | 
Is NAFTA a bad trade deal?
During his campaign, Trump called the North American Free Trade Agreement (NAFTA) the "worst trade deal in history," so it's not surprising negotiations are reportedly not going well. But President Trump isn't alone--Bernie Sanders has long argued against NAFTA claiming it encourages corporations to "flee to Mexico" and hire workers for "starvation wages." Others maintain killing NAFTA will hurt the economy and lead to more working people losing their jobs   Read More ...
Categories: Business | 
Tags: Trade |  Trade deals | 
Places: North America |  United States |  Northeast |  Atlantic |  Pennsylvania | 
Japan trade surplus leaps on strong exports to rest of Asia
TOKYO (AP) — Japan reports its trade surplus leaped nearly 38 percent in September from a year earlier, on strong shipments to China and the U.S. Customs data released Thursday showed exports rose 14 percent year-on-year to 6.8 trillion yen ($60.3 billion) while imports climbed 12 percent to 6.1 trillion yen ($54.3 billion). Exports to China surged 29 percent in value, while exports to the U   Read More ...
Categories: Business | 
Tags: Markets |  Trade |  Exports | 
Places: Americas |  North America |  United States |  Asia |  N.E. Asia |  Japan | 
Negotiators should recognize the net pluses of NAFTA
The Texas Business Leadership Council’s fall meeting, which begins today, takes place in San Antonio the day after the fourth round of talks to renegotiate the North American Free Trade Agreement concludes. The fate of the 24-year-old trade deal is likely to be preoccupying many executives in attendance. Understandably so: NAFTA accelerated the growth of diverse Texas industries in recent decades, and its uncertain future is now destabilizing many profitable businesses   Read More ...
Categories: Business | 
Tags: Trade | 
Places: North America |  United States |  American South |  Southcentral US |  Texas |  San Antonio |  Webb |  Laredo | 
Tech companies are suddenly spending much more on lobbying as NAFTA negotiations loom
Tech companies such as Amazon, Microsoft and Cisco are spending more on lobbyists to make their case about the North American Free Trade Agreement, as negotiations about the future of that trade deal heat up. Trade negotiators have said that they will schedule talks on revamping NAFTA into next year. The tech industry has a clear interest in the trade pact, given its role in foreign trade and in supply chains across North America   Read More ...
Categories: Business | 
Tags: Money |  Trade |  Expenditure |  Money Management | 
Places: North America |  United States | 
Prologis CEO on the e-commerce effect on warehouses
Hamid Moghadam, Prologis CEO, discusses how his company is taking advantage of the booming e-commerce space with warehouses to fulfill the needs of the consumer.   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States | 
IBM sees biggest jump in 8 years after earnings beat
IBM saw its biggest stock jump in eight years in early trading Wednesday following an after-the-bell earnings beat on Tuesday. The stock was up 9 percent in morning trading, the largest jump since a 11.5 percent spike in January 2009. Shares were trading above $159 Wednesday morning. IBM revenue has declined for 22 straight quarters, but shareholders seemed encouraged by higher-than-expected adjusted earnings per share of $3   Read More ...
Categories: Business | 
Tags: Corporate |  Enterprises |  Earnings |  Trade | 
Places: Americas |  North America |  United States | 
J.P. Morgan trading executive to become SEC’s top exchanges regulator
WASHINGTON — The Securities and Exchange Commission on Wednesday tapped J.P. Morgan Chase & Co.’s top electronic-trading executive as a senior regulator, signaling an appetite for shaking up rules that are blamed for fragmenting trading across dozens of venues and fomenting the rise of high-frequency trading. Brett Redfearn will become the SEC’s director of trading and markets, making him the agency’s point person for regulating exchanges, broker-dealers and high-speed trading firms   Read More ...
Categories: Business | 
Tags: Trade | 
Places: Americas |  North America |  United States | 
Financial analyst who worked at Chicago firm pleads guilty to insider trading
A 43-year-old financial analyst pleaded guilty Wednesday to securities fraud and faces up to 18 months in federal prison for an insider trading scheme that netted him about $143,000. Jason Napodano, a former managing director at Chicago-based Zacks Small Cap Research, admitted to using confidential information he obtained while preparing equity research reports about companies to purchase and sell stock in those companies   Read More ...
Categories: Business |  Law & Crime | 
Tags: Judiciary |  Crimes |  Finance |  Trade |  Trials |  Civil Actions |  Financial crimes |  Insider trading | 
Places: Americas |  North America |  United States |  Chicago | 
GRAPHIC-Stocks to watch as NAFTA's future remains in doubt
By Rodrigo Campos and Lewis Krauskopf NEW YORK, Oct 18 (Reuters) - The future of the North American Free Trade Agreement (NAFTA), a nearly 24-year-old trade pact between Canada, the United States and Mexico, hangs in doubt after the latest round of talks in Washington ended in acrimony on Tuesday, casting uncertainty over a range of stocks. NAFTA, long opposed by U   Read More ...
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Tags: Trade | 
Places: North America |  United States |  New York | 
EBay's adjusted profit forecast disappoints, shares fall
(Reuters) - EBay Inc forecast current-quarter adjusted profit that was largely below analysts’ estimates as the company continues to ramp up spending to tweak its e-commerce platforms. The company’s shares fell 4.4 percent to $36.3 in after-hours trading on Wednesday. EBay also reported 168 million active buyers in the third quarter, compared with analysts’ estimate of 171 million, according to data and analytics firm FactSet   Read More ...
Categories: Business | 
Tags: Corporate |  Enterprises |  Trade |  Profits | 
Places: Americas |  North America |  United States | 
Banks lead US stocks higher in midday trading; IBM surges
Financial companies led U.S. stocks higher in midday trading Wednesday, putting the major indexes on track to set new records. Investors were weighing the latest batch of company earnings and deal news. IBM surged on strong quarterly results, lifting technology sector stocks. Energy companies declined as early gains in crude oil prices faded. KEEPING SCORE: The Standard & Poor's 500 index rose 3 points, or 0   Read More ...
Categories: Business | 
Tags: Markets |  Commodity Markets |  Trade |  Energy market |  Crude oil | 
Places: Americas |  North America |  United States | 
Donald Trump may be about to end Nafta, plunging the US, Canada and Mexico into uncertainty
In London the speculation is that the UK might seek to join Nafta, the North American Free Trade Agreement launched in 1994, once it is no longer a member of the . Here in Washington the speculation is that pretty soon there may be no Nafta at all. The story goes like this. Persuading countries that free trade leads to greater prosperity for all has long been tricky   Read More ...
Categories: Business | 
Tags: Trade |  Free trade | 
Places: North America |  United States |  Canada |  Europe |  N.W. Europe |  United Kingdom | 
UPS CEO says updated NAFTA better for economy than no trade treaty
DETROIT (Reuters) - The top executive of United Parcel Service Inc () said on Wednesday he is optimistic the U.S., Canadian and Mexican governments can successfully renegotiate NAFTA, and said not having a free trade agreement in place would not be good for the three countries’ economies. If a renegotiated treaty stimulates the economy, creates jobs and levels the playing field for the United States “then the North American market as a whole will be much stronger than without a free trade agreement,” he said   Read More ...
Categories: Business | 
Tags: Economy |  Trade |  Economics | 
Places: North America |  United States | 
Banks lead US stocks higher in midday trading; IBM surges
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Categories: Business | 
Tags: Trade |  Crude oil | 
Places: Americas |  North America |  United States |  United Kingdom | 
Banks lead US stocks mostly higher in morning trading
Financial companies led U.S. stock indexes mostly higher in morning trading Wednesday as investors pored over the latest batch of company earnings and deal news. IBM surged on strong quarterly results, lifting technology sector stocks. Energy companies declined as early gains in crude oil prices faded. KEEPING SCORE: The Standard & Poor's 500 index rose 1 point, or 0.1 percent, to 2,560 as of 11:30 a   Read More ...
Categories: Business | 
Tags: Markets |  Commodity Markets |  Trade |  Energy market |  Crude oil | 
Places: Americas |  North America |  United States | 
Banks lead US stocks mostly higher in morning trading
Financial companies led U.S. stock indexes mostly higher in morning trading Wednesday as investors pored over the latest batch of company earnings and deal news. IBM surged on strong quarterly results, lifting technology sector stocks. Energy companies declined as early gains in crude oil prices faded. KEEPING SCORE: The Standard & Poor's 500 index rose 1 point, or 0.1 percent, to 2,560 as of 11:30 a   Read More ...
Categories: Business | 
Tags: Markets |  Commodity Markets |  Trade |  Energy market |  Crude oil | 
Places: Americas |  North America |  United States | 
Trump officials’ hard-line negotiating tactics lead to a trade talks standoff
President Trump has tried to bring his abrasive dealmaking style to the North American Free Trade Agreement negotiations, but the fourth round of talks ended Tuesday without any sign that Canada and Mexico were planning to knuckle under to U.S. demands. Ministers from both nations said that the U.S. proposals unveiled over the past week went well beyond their countries’ own red lines, though they agreed to remain at the negotiating table and extend talks through the end of March 2018   Read More ...
Categories: Business | 
Tags: Economy |  Trade |  Economics |  Trade negotiations | 
Places: North America |  United States | 
US stock indexes mostly higher in early trading; oil up
U.S. stock indexes were mostly higher in early trading Wednesday as the market added to its modest gains from a day earlier. Technology companies notched some of the biggest gains, led by strong earnings from IBM. Health care and financial companies also rose. Packaged foods companies fell the most. Oil headed higher. KEEPING SCORE: The Standard & Poor's 500 index rose less than a point to 2,560 as of 10:14 a   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States | 
MIDEAST STOCKS-Petchems pull down Saudi, Dubai developers active on earnings
* 12 of 14 listed Saudi petchems drop * Builder Khodari falls after quarterly earnings * Insurer Malath soars after rights trading ends * Real estate developers slide in Qatar * Egypt’s Electro Cable surges in very heavy trade By Andrew Torchia The Saudi index fell 0.7 percent as 12 of 14 listed petrochemical producers dropped, with Yanbu Petrochemical down 1   Read More ...
Categories: Business |  Real Estate | 
Tags: Corporate |  Enterprises |  Earnings |  Trade |  Real Estate Developers | 
Places: United States |  Asia |  Mideast |  Saudi Arabia |  United Arab Emirates | 
Despite potential trade sanctions, Kurds continue with exports
Zakho, IraqMore than three weeks after Iraq's Kurds voted for independence, it's business as usual at the bustling Ibrahim Khalil border crossing with Turkey. Ankara has threatened to impose economic sanctions on Iraq's autonomous Kurdistan region to deter moves towards independence, but hundreds of trucks still cross the border each day – some with supplies for Kurdish areas, others en route to Baghdad   Read More ...
Categories: Business | 
Places: United States | 
10 WTO members air concerns about Trump 'Buy American' order
GENEVA (AP) — A Geneva trade official says China and Taiwan have joined many U.S. allies including Israel at the World Trade Organization to express concerns over a Trump administration executive order that seeks to maximize use of American-made goods, products and materials in government procurement. The 10 WTO members, also including the European Union, Canada and Japan, also urged Washington to continue honoring the trade body's "Government Procurement Agreement" adopted by Washington and 45 other countries — mostly EU states — that aims to promote fairer, freer access to government contracts   Read More ...
Categories: Business | 
Tags: Trade | 
Places: Americas |  North America |  United States | 
Japan remains on US 'monitoring list' for currency - The Mainichi
WASHINGTON (Kyodo) -- The U.S. Treasury Department said Tuesday it has retained Japan, China, South Korea, Germany and Switzerland on a list of countries it monitors over what it calls potentially "unfair" currency practices. In line with President Donald Trump's concern over the U.S. trade deficits with Japan, China and other major trading partners, the department said, "Treasury remains concerned by the persistence of the large bilateral trade imbalance between the United States and Japan   Read More ...
Categories: Business | 
Tags: Markets |  Trade |  Currencies |  Currency market | 
Places: Americas |  North America |  United States |  Asia |  N.E. Asia |  Japan | 
10 WTO members air concerns about Trump 'Buy American' order
GENEVA (AP) — A Geneva trade official says China and Taiwan have joined many U.S. allies including Israel at the World Trade Organization to express concerns over a Trump administration executive order that seeks to maximize use of American-made goods, products and materials in government procurement. The 10 WTO members, also including the European Union, Canada and Japan, also urged Washington to continue honoring the trade body's "Government Procurement Agreement" adopted by Washington and 45 other countries — mostly EU states — that aims to promote fairer, freer access to government contracts   Read More ...
Categories: Business | 
Tags: Trade | 
Places: Americas |  North America |  United States | 
Defiant Kurds shrug off risk of trade war after independence vote
ZAKHO, Iraq (Reuters) - More than three weeks after Iraq’s Kurds voted for independence, it’s business as usual at the bustling Ibrahim Khalil border crossing with Turkey. Ankara has threatened to impose economic sanctions on Iraq’s autonomous Kurdistan region to deter moves towards independence, but hundreds of trucks still cross the border each day -- some with supplies for Kurdish areas, others en route to Baghdad   Read More ...
Categories: Business | 
Tags: Economy |  Trade |  Economics | 
Places: United States |  Asia |  Mideast |  Iraq | 
China to struggle to launch nationwide carbon market in 2017: government official
BEIJING (Reuters) - China will struggle to launch its long-awaited nationwide carbon trading scheme this year as planned, an official from the country’s state planner said on Wednesday. China, the world’s biggest emitter of climate-warming greenhouse gases, has launched seven pilot regional trading schemes and promised to create a national exchange as part of its pledges ahead of the 2015 Paris climate change agreement   Read More ...
Categories: Business | 
Tags: Markets |  Trade | 
Places: Americas |  North America |  United States |  Asia |  E. Asia |  China | 
Japan remains on U.S. ‘monitoring list’ for currency but no manipulation seen
WASHINGTON – The U.S. Treasury Department said Tuesday it has retained Japan, China, South Korea, Germany and Switzerland on a list of countries it monitors over what it calls potentially “unfair” currency practices. In line with President Donald Trump’s concern over the U.S. trade deficits with Japan, China and other major trading partners, the department said, “Treasury remains concerned by the persistence of the large bilateral trade imbalance between the United States and Japan   Read More ...
Categories: Business | 
Tags: Markets |  Trade |  Currencies |  Currency market | 
Places: Americas |  North America |  United States |  Asia |  N.E. Asia |  Japan | 
Trade talks with Canada and Mexico dissolve in harsh words
The leading U.S. trade negotiator exchanged unusually sharp words with his Canadian and Mexican counterparts Tuesday, saying he was “disappointed” at their “reluctance to give up unfair advantages.” In a press conference wrapping up a fourth round of negotiations to revise the North American Free Trade Agreement, a combative U.S. Trade Representative Robert Lighthizer said the Trump administration was determined to craft a better deal for U   Read More ...
Categories: Business | 
Tags: Trade |  Trade negotiations | 
Places: North America |  United States |  Canada |  Latin America |  Central America |  Mexico | 
NAFTA trade ministers to square off over hard-line US demands
Trade ministers from the United States, Canada, and Mexico wrap up a contentious round of North American Free Trade Agreement (NAFTA) trade talks on Tuesday marked by aggressive U.S. demands that have left the future of the 23-year-old free trade pact in doubt. The proposals to drastically reshape NAFTA to help shrink U.S. trade deficits have cast a pall over the modernization talks, leaving some participants and analysts wondering how the NAFTA partners can avoid an impasse   Read More ...
Categories: Business | 
Tags: Trade |  Free trade | 
Places: North America |  United States | 
Delta stands firm: It wants disputed jets, says it won't pay 300% tariff
Delta Air Lines says it will still take delivery of a disputed Canadian passenger jet after European giant Airbus took a stake in the program. The airline has been in the crosshairs in a trade conflict in which U.S. aerospace giant Boeing accused Canadian rival Bombardier of selling its new C Series planes to Delta below the cost of production. The U   Read More ...
Categories: Business | 
Tags: Trade | 
Places: Americas |  North America |  United States | 
Canada, Mexico to firmly reject US NAFTA proposals but will offer to keep negotiations going: Sources
Top trade negotiators from Canada and Mexico will meet Tuesday with the U.S. trade representative, Robert Lighthizer, and firmly reject the protectionist U.S. proposals floated in the current round of NAFTA negotiations, according to three people briefed on the countries' positioning. In the last week, U.S. negotiators have formally tabled demands that a new trade deal with Canada and Mexico favor American manufacturing and expire after five years if all parties do not renew it   Read More ...
Categories: Business | 
Tags: Trade | 
Places: North America |  United States |  Canada | 
Boeing versus Bombardier: Here’s what happens next
Washington has slapped a 300 percent trade tariff on Bombardier, accusing the Canadian aerospace firm of both receiving state aid and potentially "dumping" its new plane on the U.S. market. The U.S. Department of Commerce (DoC) issued the preliminary ruling last month after Boeing requested action, fearing Bombardier's C-Series jet could hurt profit levels at the U.S. aircraft manufacturer. Now Bombardier has struck a deal with European aerospace giant Airbus, who have agreed to develop, market and sell the Bombardier jet   Read More ...
Categories: Business | 
Tags: Trade | 
Places: Americas |  North America |  United States | 
Mexican Peso, Canadian dollar do about-face, rise on new hopes for NAFTA deal
The Canadian dollar and Mexican peso reversed losses and jumped against the dollar after trade officials said they were extending the negotiations towards a new NAFTA trade deal into next year. The two currencies slipped against the greenback earlier in the day, amid reports that Canada and Mexico would not agree to U.S. demands. But their losses were reversed late in the day, after the negotiators announced they would schedule rounds to discuss revamping the North American Free Trade Agreement, into 2018   Read More ...
Categories: Business | 
Tags: Markets |  Trade |  Currencies |  Dollar |  Currency market | 
Places: North America |  United States |  Canada |  Latin America |  Central America |  Mexico | 
This index is ‘ripe for a trade’
The small-cap rally is far from done, says Todd Gordon of TradingAnalysis.com, who argues that the charts point to even more gains for the group tracked by the Russell 2000. "The Russell has been rallying sharply based on anticipated domestic policies that might be put through, namely tax reform, which would benefit small-caps the most," he said Tuesday on "So we're seeing a little bit of resurgence here   Read More ...
Categories: Business | 
Tags: Trade | 
Places: Americas |  North America |  United States | 
Traders bet on obscure e-commerce stock in speculation over bitcoin's blockchain technology
Speculation in digital currency bitcoin is apparently spilling over into an obscure e-commerce stock. Shares of Overstock.com closed up nearly 11.6 percent Tuesday after briefly surging more than 14 percent. The stock has hit four-year highs on mounting excitement around the company's venture into blockchain, the technology behind bitcoin. "I think the new story for Overstock is that we should anticipate this kind of volatility that historically was limited to when the company reported earnings," Tom Forte, analyst at DA Davidson, said in a phone interview   Read More ...
Categories: Business |  Technology | 
Places: Americas |  North America |  United States | 
What would ETFs do in a 1987-style stock-market crash?
The stock market of 2017 is very different than the market of 1987, when a historic one-day collapse occurred, and one of the biggest changes is the now-ubiquitous presence of ETFs. The rapid growth of exchange-traded funds, which trade like stocks and offer exposure to basically every investible asset class, including major bond categories, commodities, and precious metals, has raised the question of how they might perform and what impact they might have during an intense crash like the one on Oct   Read More ...
Categories: Business | 
Tags: Markets |  Stock Markets |  Trade |  Shares |  Financial Markets | 
Places: Americas |  North America |  United States | 
U.S. trade chief says he is not focused on ending NAFTA
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Categories: Business | 
Tags: Trade | 
Places: North America |  United States |  United Kingdom | 
US stock indexes mostly lower in afternoon trading; oil down
Industrial companies led U.S. stocks mostly lower in late-afternoon trading Tuesday as investors sized up the latest company earnings news. Packaged food and beverage companies were among the big laggards. Health care companies posted some of the biggest gains following news of a plan backed by the White House that would extend federal payments to health insurers. KEEPING SCORE: The Standard & Poor's 500 index was down a fraction of a point at 2,557 as of 3 p   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States | 
US stock indexes mostly lower in afternoon trading; oil down
Industrial companies led U.S. stocks mostly lower in late-afternoon trading Tuesday as investors sized up the latest company earnings news. Packaged food and beverage companies were among the big laggards. Health care companies posted some of the biggest gains following news of a plan backed by the White House that would extend federal payments to health insurers. KEEPING SCORE: The Standard & Poor's 500 index was down a fraction of a point at 2,557 as of 3 p   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States |