THE garage in which Hewlett-Packard was started in 1939 is now a private museum—a modest monument to the cut-price creativity and bare-knuckle entrepreneurship that made Silicon Valley famous. Drive south from Palo Alto through 20 minutes of inevitable traffic to Sunnyvale and you will find a landmark of a different kind. Nothing of technological note…
WASHINGTON — The Trump administration told Congress on Friday that it intends to enter into a revised North American Free Trade Agreement with Mexico and will continue working to keep Canada in the pact as talks between the United States and Canada move into next week. While sticking points still remain between the United States…
Coca-Cola has announced a surprise move to buy Costa Coffee, one of Europe's largest cafe chains, from current owners Whitbread for £3.9 billion ($5.1 billion) in a move likely to send shockwaves through the coffee industry. Whitbread, which also owns budget UK hotel chain Premier Inn, said that its board had unanimously approved the deal,…
NAIROBI (Reuters) - Britain is committed to continuing free trade with Kenya after it leaves the European Union, Prime Minister Theresa May said during a visit to Nairobi on Thursday. Britain's Prime Minister Theresa May and Kenya's President Uhuru Kenyatta arrive to address a joint news conference at the State House in Nairobi, Kenya August…
Image copyright Reuters Image caption The opposition blames President Macri's centre-right policies for the recession Argentina's government has unexpectedly asked for the early release of a $50bn (£37.2bn) loan from the IMF amid a growing economic crisis.President Mauricio Macri said the move was designed to restore confidence in the Argentine economy. The Argentine peso has…
WASHINGTON (Reuters) - Canada and United States are set to tackle their contentious issues in bilateral talks on Wednesday, as the two nations work to salvage the North American Free Trade Agreement amid signs Ottawa was open to taking a more conciliatory approach. FILE PHOTO: Chevrolet Equinox SUVs are parked awaiting shipment by CN Rail…
WASHINGTON — Canada’s foreign minister cut short a trip to Europe and rushed to Washington on Tuesday as President Trump’s top trade advisers reiterated that the United States is prepared to leave Canada out of a revised North American Free Trade Agreement with Mexico. Touting the agreement with Mexico as a major win, Trump administration…
Image copyright AFP/Getty Image caption The island authorities have struggled to repair infrastructure and the power grid and need $139bn in recovery funds Officials in Puerto Rico now say 2,975 people died following Hurricane Maria - a devastating storm that struck the US island territory in September 2017.The revised death toll is nearly 50 times…
(Reuters) - Toyota Motor Corp (7203.T) will invest $500 million in Uber Technologies Inc to jointly work on developing self-driving cars, the companies said on Monday, a bid by both to catch up to rivals in the hotly competitive autonomous driving business. Toyota, one of the world’s largest carmakers, and Uber [UBER.UL], the leading ride-hailing…
“Automakers urge the U.S. and Mexico to quickly re-engage with Canada to continue to build on this progress,” the Alliance of Auto Manufacturers, which represents most carmakers that sell vehicles in the United States, said in a statement. “The industry is hopeful that any changes to Nafta auto rules of origin continue to strike the…
