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Canada-US lumber deal may precede Nafta talks

Bloomberg The long-running trade dispute over softwood lumber may be nearing an end, with Canada indicating it wants to settle the issue with the US before the renegotiation of the North American Free Trade Agreement begins later this year. “We’re going to continue to work very hard towards that,” Canadian Prime Minister Justin Trudeau said to reporters in Providence, Rhode ...

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Europe car sales growth slows on Brexit concerns

Bloomberg European car demand rose at a slower pace in June as fewer selling days in Germany and Brexit-related concerns in the UK weighed on a peaking vehicle market. Industrywide registrations increased 2.1 percent from a year earlier to 1.54 million vehicles last month, with Toyota and Fiat models posting the biggest gains, the European Automobile Manufacturers’ Association, or ACEA, ...

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Daimler ready to fight cheating accusations as probe widens

Bloomberg Daimler AG said it will push back against allegations that it manipulated emissions in its Mercedes-Benz engines, as a German government pr-obe into the luxury-car ma-ker deepens. “We would employ all legal means” to defend against any accusation by the Federal Transport Motor Authority of an illegal defeat device in Mercedes-Benz cars, the company said in an emailed statement. ...

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