Canada, Mexico to question U.S. auto content demands at NAFTA talks
MEXICO CITY (Reuters) - Canada and Mexico will not make counterproposals to U.S. demands for tougher NAFTA automotive content rules but instead will offer rebuttals and pepper American negotiators with technical questions on Monday, people familiar with the talks said.
Brexit and the City: taking London's financial pulse
LONDON (Reuters) - Will Britain's decision to leave the European Union in 2019 damage one of its most successful industries?
U.S. bank examiners to show lighter touch, OCC's Noreika says
NEW YORK (Reuters) - A top U.S. bank regulator has been working to ensure that examiners on the ground have a lighter touch with institutions they scrutinize, but change will take more time, acting Comptroller of the Currency Keith Noreika said in an interview on Friday.
China to offer financing help, subsidies to boost private investment in manufacturing
BEIJING (Reuters) - China issued guidelines on Monday aimed at boosting private investment in manufacturing, including stepping up fiscal support and "innovative financing" for private firms to gear towards greener development and move up the value chain.
As many Venezuela bondholders stampede, some joust for advantage
NEW YORK/LONDON/CARACAS (Reuters) - Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity.
Rebel Australian lawmakers say to force wide-ranging banking probe
SYDNEY (Reuters) - Rebel government lawmakers in Australia vowed on Monday to force a powerful inquiry into the country's scandal-hit banking sector, further turmoil for Prime Minister Malcolm Turnbull as he languishes in the polls amid a citizenship crisis.
German losses weigh on European shares as government talks collapse
MILAN (Reuters) - Germany's main share index fell on Monday after the collapse of government coalition talks, further weighing on the broader European market which has already spent two straight weeks in the red.
As Venezuela pumps below OPEC target, oil rivals begin filling gap
HOUSTON/DUBAI (Reuters) - As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC output target, rival producers within the exporters group have started to plug the gap, OPEC and industry sources said.
Euro slips as German coalition talks fail, heightens uncertainty
SINGAPORE (Reuters) - The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel's efforts to form a three-way coalition government failed, stoking political uncertainty in the euro zone's largest economy.
Australia's economy seen growing at 'modest' pace: IMF
SYDNEY (Reuters) - Australia's economy is expected to accelerate at a "modest" pace as weak wage growth is seen weighing on consumption, keeping the need for stimulative monetary and fiscal policies, the International Monetary Fund said on Monday.