USTR Lighthizer eyes NAFTA ‘breakthrough,’ Mexico urges flexibility

WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer on Thursday expressed hope a breakthrough could be made in coming days on reworking the NAFTA trade deal, though his Mexican counterpart said flexibility was needed to reach agreement. FILE PHOTO: U.S. Trade Representative Robert Lighthizer testifies before Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the proposed budget ...

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LATAM passenger plane lands prematurely due to bomb threat: Peru

LIMA (Reuters) – A LATAM Airlines passenger plane that departed Lima for Santiago, Chile, on Thursday was forced to land at an airport in southern Peru due to a bomb threat received by authorities in both countries, Peru’s Transportation Ministry said. No one was injured on LATAM flight 2369 and a team for deactivating explosives has been notified, the ministry ...

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First crack at Musk could give top Tesla funds an edge

BOSTON (Reuters) – Information about Elon Musk’s efforts to take Tesla Inc (TSLA.O) private is scarce. But some small investors wonder if top funds have an edge. FILE PHOTO: Tesla Motors Inc Chief Executive Elon Musk pauses during a news conference in Tokyo September 8, 2014. REUTERS/Toru Hanai/File Photo In a blog post on Monday bit.ly/2Oy3vLE, the Tesla chief executive ...

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Italy vows action over bridge collapse, investors shun road operator

GENOA, Italy (Reuters) – Investors dumped shares in Italy’s biggest toll-road operator on Thursday and the government said it could impose a heavy fine or revoke its concession over a bridge collapse that killed at least 38 people. An 80-metre-long section of the bridge gave way on Tuesday in busy lunchtime traffic, plunging dozens of vehicles 50m (160 feet) below ...

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The Media Can Dish It Out But They Sure Can’t Take It

Follow Dale on Twitter and Facebook Excuse me while I dab my eyes for the poor, poor news media, so picked on by President Trump.  After all, they’re just trying to do their job, so courageously and impartially reporting the news…except for those eight years of incompetence and scandal that were the Obama Administration – remember? – when the press ...

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Air France-KLM appoints first foreign CEO over union objections

PARIS (Reuters) – Air France-KLM (AIR.PA) named Air Canada (AC.TO) executive Benjamin Smith as its new boss on Thursday, opting for an outsider to steer the airline group through a fraught stand-off with unions at its French carrier. Smith, until now the Canadian airline’s chief operating officer, will begin work as Air France-KLM chief executive by the end of September, ...

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U.S. Secretary of State names special representative for Iran

WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo on Thursday named senior policy adviser Brian Hook as special representative for Iran. FILE PHOTO: U.S. Secretary of State Mike Pompeo waves to the media before his meeting with Egyptian Foreign Minister Sameh Shoukry at the State Department in Washington, U.S., August 8, 2018. REUTERS/Yuri Gripas/File Photo The move came as ...

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Global stocks, emerging market currencies rise on planned U.S.-China trade talks

NEW YORK (Reuters) – U.S. stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States later in August and Turkey’s lira continued its recovery. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2018. REUTERS/Brendan McDermid China said that a delegation ...

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