Bloomberg Justin Trudeau’s latest mission to bolster Nafta ended on an upbeat note, as the Canadian leader said there’s still a “clear path” to a deal while pushing back against US President Donald Trump. Trudeau capped a US swing in Los Angeles after stops in Chicago and San Francisco. During the trip he rejected the belief that trade deals see ...

Bloomberg Expedia Inc. shares tumbled the most in more than three months after outlining plans to spend a lot more in 2018, in an effort to modernize operations and bolster its short-term vacation rental unit. The company gave a forecast for 6 percent to 11 percent annual growth in earnings before interest, taxes, depreciation and amortization — a measure of ...

Bloomberg The UK is leading the way into an online-shopping future, and that has the country’s traditional brick-and-mortar retailers fighting for their lives. With 18 percent of retail sales taking place online in Britain, the stakes are even higher than in the US, where the comparable figure is 12 percent — and where department-store owner Bon-Ton Stores Inc has just ...

Bloomberg Norway’s economic recovery continued in the fourth quarter led by rising consumer spending and investments while a report showed inflation unexpectedly slowed at the start of the year. Mainland economic growth, which excludes oil and shipping, expanded by 0.6 percent in fourth quarter, down from a revised 0.7 percent in the prior period, Statistics Norway said in a statement. ...

Bloomberg Eurostar International Ltd. will link London with the Netherlands by rail starting April 4 in the biggest expansion of the Channel Tunnel express operator’s network since it commenced operations in 1994. Trains from the UK capital will take slightly over three hours to reach Rotterdam and a further 40 minutes before arriving in Amsterdam, Eurostar said. The company has ...

Bloomberg Trinity Mirror Plc is buying rival Express and Star tabloids for 126.7 million pounds ($177 million), a milestone deal as Britain’s declining print media outlets seek scale to adapt to the shift of readers and advertisers online. “In a world of big global digital platforms, in a challenged industry, scale matters,” Simon Fox, chief executive officer of the publisher ...

Until recently, President Donald Trump had wanted a weaker dollar because he romanticizes manufacturing. A weaker currency has been a temptation for world leaders since the early days of industrialization, as it’s generally believed it will provide a boost to exports and stimulate the economy in the short run. We all remember the beggar-thy-neighbor policies that led to competitive devaluations, ...

Flipkart’s bringing in the big guns. India’s leading e-commerce company looks set to team up with Walmart Inc., garnering the startup a valuation of as much as $20 billion in return for a stake that could be as large as 20%, Bloomberg’s Saritha Rai reported recently. There’s a lot that Flipkart Online Services Pvt could do with around $4 billion ...

No doubt about it — The Bank of England is hawkish, and it is ready to embark on a rate-hiking cycle. Sterling took an instant leap higher to the dollar, and 10-year gilt yields rose to the highest levels seen since April 2016. Governor Mark Carney and the rest of the Monetary Policy Committee are leaving a lot to chance ...

‘It seems surreal to me,’ said Elon Musk, proprietor of SpaceX, and for once he was understating things. On Fenruary 6, his company blasted a 230-foot rocket into orbit, returned its two side boosters to Earth for a flawlessly synchronized landing, and — with exquisite nerd flair — propelled Musk’s own Tesla Roadster toward deep space, where it’s expected to ...