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Canada plans to join Mexico in complaint on US car-origin rules

  Bloomberg Canada plans to formally join Mexico in calling for an arbitration panel to resolve a dispute with the US over how to interpret rules governing the origin of vehicle parts. The two countries expect to request in the first days of January the creation of a tribunal of experts to rule on the matter as allowed under the ...

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Sunak unveils $1.3 billion for firms hit by Omicron fallout

  Bloomberg Rishi Sunak announced a billion pounds ($1.3 billion) of support for UK hospitality businesses struggling with slumping demand triggered by a record wave of Covid-19 infections, as he declined to rule out further curbs to tackle the fast-spreading omicron variant. Restaurants and other eligible hospitality and leisure businesses will be able to claim cash grants worth up to ...

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Oracle to buy Cerner for $28.3 billion

  Bloomberg Oracle Corp agreed to acquire medical-records systems provider Cerner Corp for about $28.3 billion, a deal that would add a broad customer base in health care industry to bolster software maker’s cloud-computing and database businesses. The all-cash transaction, Oracle’s biggest-ever deal, will see Oracle pay $95 a share, the companies announced Monday in a statement. The price represents ...

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