China is just getting started with using its currency as weapon in the trade war, analysts say

The dollar reached a high of 7.0449 against the Chinese yuan onshore overnight, the highest level since March 2008. "While we should not expect policymakers to be so explicit in their reasoning, markets are likely to take today's yuan trade as a signal from China that currency depreciation is on the table if push comes to shove with US tariffs," […]

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Boeing may halt 737 MAX production if planes stay grounded through 2019

Aerospace company Boeing has not ruled out further reducing or temporarily shutting down production of the 737 Max aircraft, if the plane does not return to service by the end of the year, chairman and CEO Dennis Muilenburg said Wednesday. Interested in Boeing? The company expects the 737 Max’s return to service will be “early in the fourth quarter,” Muilenburg […]

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Coast Capital gets backer in shareholder rebellion at FirstGroup

A second major shareholder has joined an investor drive to eject the board of FirstGroup as the transport group faces an emergency meeting on Tuesday that could result in Britain’s most lucrative rail franchise again slipping from its grasp. Columbia Threadneedle said it was backing resolutions brought by activist investor Coast Capital to replace seven directors including the chairman and […]

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Nissan cuts back on more business at English plant

Infiniti Motor Co., the luxury division of Japanese automaker Nissan, says it's withdrawing from Western Europe — offering another blow to carmakers in the U.K. bracing for Britain's departure from the European Union. Continue Reading Below The company said Tuesday that as part of its restructuring plan, it will cease making two models, the Q30 and QX30, by mid-2019 at […]

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Why America's small businesses and entrepreneurs win under USMCA

Trump on USMCA: An agreement that benefits working people President Trump on the impact of the USMCA deal with Canada and Mexico. The United States-Mexico-Canada Agreement (USMCA) was signed by President Trump and his fellow leaders at the G20 in Argentina. The accord modernizes the decades-old NAFTA and is chock full of meaningful provisions that will help American small businesses […]

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Consultant advises Indigenous investors to wait until Trans Mountain pipeline expansion is finished before buying in

The consultant who helped broker a $545-million investment by two northern Alberta Indigenous communities in a new Suncor Energy Inc. storage tank farm says similar stakes in the Trans Mountain pipeline shouldn’t take place until after its expansion is built. Barrie Robb, a principal with Fivars Consulting Ltd. of Calgary, says he would advise Indigenous groups to ensure all regulatory […]

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