donald-trump

Obama says countries must move in concert on tax avoidance

U.S. President Barack Obama said on Monday that the United States had to move in concert with other countries on the issue of tax avoidance, as some U.S. allies were “racing to the bottom” with their tax policies. The European Commission said last …

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Obama says countries must move in concert on tax avoidance

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General Motors settles ignition-switch cases

(Reuters) – General Motors Co said it settled the remaining two ignition-switch cases for an undisclosed amount in a series of six test trials over the defect The remaining trials were

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General Motors settles ignition-switch cases

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Oil pares gains after Saudi, Russia sign pact

By Ahmad Ghaddar LONDON (Reuters) – Crude oil futures pared gains on Monday after top producers Russia and Saudi Arabia said they have agreed to cooperate on stabilizing the oil market, including limiting output. Saudi Arabia and Russia said on the sidelines of the G20 summit in China that they signed an agreement to set up a task force to review oil market fundamentals and to recommend measures and actions that will secure…

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Oil pares gains after Saudi, Russia sign pact

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Obama seeks to convince Asian partners that Washington will approve TPP

U.S. President Barack Obama said on Monday that U.S. trading partners in Asia did not need to be persuaded of the benefits of the Trans-Pacific Partnership, just that Washington would eventually approve the trade pact. Obama has made the 12-nation TPP the centerpiece…

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Obama seeks to convince Asian partners that Washington will approve TPP

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Investor Wilbur Ross urges Trump not to let his behavior become the issue

Billionaire investor Wilbur Ross stood behind Republican Donald Trump but urged him to stop engaging in exchanges that benefit the Democrats and make the real estate mogul's behavior the issue in the U.S. presidential campaign. “This election is Donald's to lose and so far the Democrats have been clever

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Investor Wilbur Ross urges Trump not to let his behavior become the issue

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North American leaders vow to boost trade despite threats

By Roberta Rampton and David Ljunggren OTTAWA (Reuters) – Canada, the United States and Mexico on Wednesday vowed to deepen their economic ties, pushing back against anti-free-trade sentiment that has shifted political debate in the United States and Europe. The three nations are member of the North American Free Trade Agreement (NAFTA), which U.S. Republican presidential candidate Donald Trump has vowed to renegotiate or scrap if he wins November's election. U.S. President Barack Obama, Prime …

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North American leaders vow to boost trade despite threats

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German finmin criticizes Volkswagen management over bonuses: paper

Germany's finance minister Wolfgang Schaeuble has criticized the executive board of scandal-ridden carmaker Volkswagen for not waiving bonuses despite bringing the company to the brink of collapse. “I have no sympathy for managers who first drive a large blue chip-listed company into an existence-threatening crisis and then defend their own bonuses in a public debate,” Schaeuble told German weekly Frankfurter Allgemeine Sonntagszeitung. “That shows that something is not working….

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German finmin criticizes Volkswagen management over bonuses: paper

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Buffett defends Berkshire’s Coke stake, warns on BNSF

Warren Buffett on Saturday defended several of Berkshire Hathaway Inc's larger or struggling investments, including Coca-Cola and the BNSF railroad. Speaking to tens of thousands of shareholders at Berkshire's annual meeting in Omaha, Nebraska, Buffett and Vice Chairman Charlie Munger also touched on many other issues including the 2016 U.S. presidential election, the risks of derivatives, and big losses at…

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Buffett defends Berkshire’s Coke stake, warns on BNSF

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