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Fresh tests to be used for ‘strategic weapons,’ US should back off for a ‘peaceful’ year’s end – North Korea’s military

12 hours ago NAMEX Comments Off on Fresh tests to be used for ‘strategic weapons,’ US should back off for a ‘peaceful’ year’s end – North Korea’s military
According to North Korea’s state news agency, recent launch tests “will be applied in developing strategic weapons” to deter the United States. Pyongyang also warned Washington to refrain from “provocation.” Pyongyang’s military carried out a test at a satellite launch site on Friday, its second in a week. The maneuver came after a revival of Read More

Christmas gift they promised? N. Korea carries out ‘crucial test’ to bolster ‘NUCLEAR deterrent’ as deadline for US talks looms

18 hours ago NAMEX Comments Off on Christmas gift they promised? N. Korea carries out ‘crucial test’ to bolster ‘NUCLEAR deterrent’ as deadline for US talks looms
Pyongyang’s military carried out a test at a satellite launch site in order to boost “the reliable nuclear deterrent,” just days ahead of a year-end deadline set by North Korea to revive denuclearization talks with the US. A “crucial test” was carried out on Friday at the Sohae satellite launch site located in the western Read More

Exclusive: Hudson’s Bay’s take-private deal falls short in shareholder vote – sources

20 hours ago NAMEX Comments Off on Exclusive: Hudson’s Bay’s take-private deal falls short in shareholder vote – sources
FILE PHOTO: A pedestrian walks past a Hudson’s Bay company sign at the retailer’s flagship Toronto store October 28, 2005. REUTERS/J.P. Moczulski (Reuters) – Saks Fifth Avenue owner Hudson’s Bay Co (HBC.TO) has fallen short in securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar Read More

Which Korea?! Seoul shows ‘preemptive strike’ with F-35s & boasts of ‘glorious victory’ over Pyongyang in holiday propaganda VIDEO

22 hours ago NAMEX Comments Off on Which Korea?! Seoul shows ‘preemptive strike’ with F-35s & boasts of ‘glorious victory’ over Pyongyang in holiday propaganda VIDEO
The South Korean air force has put out an incendiary video simulating a preemptive attack on its northern neighbor using a high tech arsenal of US-supplied weapons. Pyongyang is unlikely to receive the clip in holiday spirits. The promotional video depicts computer generated F-35 fighters and other jets launching strikes on North Korean positions, clearly Read More

U.S. prosecutor calls on UAW to cooperate, probe may widen

1 day ago NAMEX Comments Off on U.S. prosecutor calls on UAW to cooperate, probe may widen
DETROIT (Reuters) – The U.S. Attorney leading the investigation of corruption within the United Auto Workers (UAW) told Reuters on Friday the union’s leadership still is not fully cooperating with the government, but that individuals are giving federal investigators tips that could expand the probe. FILE PHOTO: United Auto Workers (UAW) acting president Rory Gamble Read More

Exclusive: Hudson’s Bay’s take-private deal falls short in shareholder vote – sources

1 day ago NAMEX Comments Off on Exclusive: Hudson’s Bay’s take-private deal falls short in shareholder vote – sources
FILE PHOTO: A pedestrian walks past a Hudson’s Bay company sign at the retailer’s flagship Toronto store October 28, 2005. REUTERS/J.P. Moczulski (Reuters) – Saks Fifth Avenue owner Hudson’s Bay Co (HBC.TO) has fallen short in securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar Read More

U.S. sets China trade deal terms, sources say, but Beijing mum

2 days ago NAMEX Comments Off on U.S. sets China trade deal terms, sources say, but Beijing mum
WASHINGTON/BEIJING (Reuters) – Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing’s buying more American farm goods, U.S. sources said on Thursday. Beijing has yet to confirm whether it is on board with the proposal, although officials will Read More

U.S. sources say terms set for China trade deal, but Beijing mum

2 days ago NAMEX Comments Off on U.S. sources say terms set for China trade deal, but Beijing mum
WASHINGTON/BEIJING (Reuters) – Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing buying more American farm goods, U.S. sources said on Thursday. Beijing’s silence, however, fueled questions over whether the two sides can come to a truce in Read More

California power producer PG&E files amended reorganization plan

2 days ago NAMEX Comments Off on California power producer PG&E files amended reorganization plan
FILE PHOTO: Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., November 14, 2018. REUTERS/Terray Sylvester/File Photo (Reuters) – California’s power producer PG&E Corp (PCG.N) said late on Thursday that it has filed for an amended reorganization plan, adding that it remains on track to Read More

China to buy $50 billion in U.S. farm products in return for tariff concessions-U.S. sources

2 days ago NAMEX Comments Off on China to buy $50 billion in U.S. farm products in return for tariff concessions-U.S. sources
WASHINGTON (Reuters) – The White House has agreed to suspend some tariffs on Chinese goods and reduce others in return for Beijing’s pledge to hike purchases of U.S. farm products in 2020, sources said on Thursday, taking a step towards de-escalating the trade war between the world’s two biggest economies. A sourced briefed on the Read More