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GM deal grants $554 million in investment: Canada Unifor union

TORONTO The deal reached on Sept. 19 between Canada's Unifor union and General Motors Co will see the auto maker invest C$554 million ($420.84 million) in its local plants, the labor group said on Sunday ahead of a ratification vote on that agreement.

Recent Business News

European firms offer Britain scant support in divorce talks

LONDON More than 20 European business associations and companies interviewed by Reuters say they back their governments' position that Britain's banking sector can only enjoy EU market access post-Brexit if the country still follows the bloc's rules.

5:07am EDT

U.S. presidential contest takes center stage for investors

SAN FRANCISCO Who becomes the next U.S. president will be a primary focus for Wall Street next week and beyond, starting on Monday with the first debate between candidates Hillary Clinton and Donald Trump.

Sep 23 2016

Fed's internal split tied to dueling views on jobs outlook

SAN FRANCISCO The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labor market outlook, comments from policymakers on Friday suggest.

Sep 23 2016

China's Dalian Wanda opens $5.1 billion tourism park

SHANGHAI Dalian Wanda Group, the Chinese entertainment giant owned by the country's richest man, opened the first phase of a sprawling 34 billion yuan ($5.1 billion) tourism park in the eastern city of Hefei on Saturday.

Sep 24 2016

Canada Unifor union sets tentative strike deadline for Fiat Chrysler

TORONTO Canada's Unifor union has set a tentative strike deadline of midnight Oct. 10 for talks with Fiat Chrysler Automobiles NV , the labor group said on Saturday as it prepares to vote on a related deal with General Motors Co .

Sep 24 2016

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