Recent Posts

WTO head warns US exit to mean chaos for ‘business’

Bloomberg The head of the World Trade Organization has responded to President Donald Trump’s threat to leave the institution by warning such a move would cause chaos for US companies operating around the world. In an Oval Office interview with Bloomberg, Trump warned that he would withdraw from the WTO “if they don’t shape up.” The president also called the ...

Read More »

Coke makes $5.1bn bet on coffee market with Costa deal

Bloomberg Coca-Cola Co. is making an audacious move into coffee and retail outlets with the $5.1 billion purchase of UK chain Costa, its biggest acquisition in eight years and a push into the fiercely competitive java market. The soft-drinks company swooped in after Whitbread Plc announced a plan in April to spin off the business. The transaction gives Coca-Cola instant ...

Read More »

Nafta is dead — long live Nafta, long live…

When the North American Free Trade Agreement (Nafta) took effect in 1994, it was widely regarded — by friend and foe alike — as an ambitious experiment in economic engineering. To advocates, it promised the benefits of stronger economic growth for its three member countries: Canada, Mexico and the United States. To its adversaries, it threatened the loss of well-paid ...

Read More »
Send this to a friend