Bloomberg Does the US run a trade deficit or surplus with Canada? It depends where you look. President Donald Trump asserted—again—the US runs “a pretty good trade deficit” with Canada. The claim was quickly rebuffed by Canada’s ambassador to the US, David MacNaughton, who cited American data saying the opposite was true. Canadian officials tend to use US data to ...

Bloomberg Walt Disney Co. may announce a deal as soon as this week to acquire a large piece of 21st Century Fox Inc., according to a person familiar with the matter, transferring legendary Hollywood properties to new owners. Comcast Corp., the other major contender for the Fox assets, said it’s no longer in the running. A trust belonging to Fox ...

Bloomberg UK inflation unexpectedly accelerated to the fastest in more than 5 1/2 years in November, which will force Bank of England Governor Mark Carney to explain why price growth is so far above his policy target. The 3.1 percent rate was stronger than economists had forecast and the highest since March 2012. The Office for National Statistics said that ...