President Donald Trump’s trade war is less bad than it was just a short time ago. After some tense negotiations, the North American Free Trade Agreement (Nafta) has been replaced with a new, very similar arrangement, meaning the disruption to trade — and to US relations with Canada and Mexico — will be contained. The agreement might even ease the ...

With Comcast Corp.’s 12-part, $27 billion jumbo bond offering to fund its acquisition of Sky Plc, the US cable giant is on the path to joining a select group of companies with more than $100 billion of debt. But what’s just as noteworthy is the club that Comcast chose to avoid. Comcast will likely keep its A- and A3 credit ...

Bashing European banks together in a game of spin-the-deal-wheel makes for great headlines — UniDeutsche? BarChart? — but it will do little to dent the record market share in investment banking their US rivals enjoy. Of the many diseases blighting Europe’s financial industry, the most relevant one for clients is the gaps in its global presence. As long as the ...