Tuesday 28 August 2018

Altice, Dish urge U.S. to intervene in T-Mobile-Sprint deal

Altice, Dish urge U.S. to intervene in T-Mobile-Sprint deal

U.S. cable and satellite TV providers Altice USA Inc and Dish Network Corp have urged U.S. regulators not to approve the planned merger between T-Mobile US Inc and Sprint Corp in its current form, according to filings published on Tuesday.

Global stocks climb; markets hail U.S.-Mexico trade deal

A global stocks index advanced to more than five-month highs on Tuesday, the day after a U.S.-Mexico trade deal boosted investor confidence.

S&P 500, Nasdaq eke out gains for third straight record high

The S&P 500 and the Nasdaq edged up to record closing highs for the third consecutive session as investors struggled over whether to take profits following a rally on positive developments in trade disputes which have vexed the markets for much of the year.

Tesla wins court case against Ontario government over rebate cancellation

A Canadian court has ruled in favor of Tesla Inc after the electric carmaker challenged the province of Ontario's wind-down of an electric vehicle rebate.

Canada rejoins talks to stay in NAFTA, deal possible this week

Canada's top trade negotiator joins her Mexican and U.S. counterparts in Washington on Tuesday in a bid to remain part of a revamped trilateral North American trade pact, as U.S. officials expressed optimism a deal could be reached this week.

Trump's U.S.-Mexico trade deal meets bipartisan skeptics in Congress

President Donald Trump's bilateral trade deal with Mexico ran into questions, on substance and procedure, from both parties in the U.S. Congress on Tuesday, with Democratic Senate Leader Chuck Schumer saying the pact faces "serious legal concerns."

U.S. banking regulator kicks off rewrite of community lending rules

A federal banking regulator said on Tuesday it will begin soliciting input on decades-old rules on bank lending in low-income communities, kicking off a long awaited and potentially contentious rulewriting process.

Barnes & Noble is sued by ex-CEO over termination

The former Barnes & Noble Inc chief executive who was fired last month for alleged policy violations sued the bookseller for breach of contract and defamation in connection with his sudden termination after just 14 months on the job.

Canada's Trudeau says he will defend dairy farmer protections in NAFTA

Canadian Prime Minister Justin Trudeau said on Tuesday his position on the supply management system that protects Canada's dairy farmers has not changed and he will defend it as Canada works to renew the NAFTA trade deal with the United States and Mexico.

Google ties up with Indian lenders in bid to woo new users

Alphabet Inc's Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to the masses, as it aims to woo tens of millions of new internet users in the country to its digital payments services.

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