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March 27, 2017

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Business > Americas
Canada 'not scared' of Trump protectionism
Canada's international trade minister said Thursday that pressure by U.S. President-elect Donald Trump would not keep American firms from investing in Canada or prompt them to withdraw any investments already
 
Growth in the massive services sector of the U.S. economy held steady in December, matching the brisk pace recorded in November, the Institute for Supply Management reported Thursday.
 
The Mexican central bank intervened in the foreign exchange market to prop up the peso on Thursday after Ford's decision to scrap a new factory caused the currency to sink.
 
If economy heats up, 'rate hikes may accelerate'
Federal Reserve officials, who boosted a key interest rate last month, said they might need to accelerate future rate hikes if a faster-growing economy pushes down the unemployment rate farther than currently expected.
 
U.S. consumers bought a record number of new cars and trucks in 2016. A repeat performance in 2017 could be a tall order.
 
Here come 'smart stores' with robots
Tomorrow's retail stores want to take a page from their online rivals by embracing advanced technology -- everything from helpful robots to interactive mirrors to shelves embedded with sensors.
 
Donald Trump has shelved plans to build a skyscraper in Argentina due to uncertainty over his investments as he prepares to take up the presidency later this month, a newspaper said Tuesday, quoting developers.
 
U.S. manufacturing posted the fourth straight month of faster expansion in December as new orders and output jumped, pointing to a growing economy, the Institute for Supply Management said Tuesday.
 
Mexico 'regrets' Ford decision to scrap new plant
Mexico's government on Tuesday lamented Ford's decision to scrap a new plant project following criticism from US President-elect Donald Trump and said the company would pay back any expenses.
 
Trump's new golf club shows the complications of first franchise presidency
The decorative clock bearing the name of America's incoming 45th president has yet to start at the Trump International Golf Club in Dubai, but the developers behind the project already are counting the money they've made.
 
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