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Stock futures recover from tax bill concerns

U.S. stock markets were set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republicans' much-awaited tax overhaul bill.

Recent Business News

Some Canada firms could move to U.S. amid NAFTA worries: survey

OTTAWA More a quarter of Canadian firms could move part of their operations to the United States amid uncertainty over the future of the NAFTA trade pact, the nation's export credit agency said on Friday.

6:21am EST

Airbus board triggers shake-up to end succession row

PARIS Airbus confirmed the departure of planemaking chief Fabrice Bregier as part of a series of board moves on Friday to clear the air over succession plans following weeks of speculation surrounding Europe's largest aerospace firm.

5:21am EST

CSX shares tumble after CEO's medical leave

CSX Corp's shares tumbled on Friday in premarket trading after the No. 3 U.S. railroad said Chief Executive Hunter Harrison was taking medical leave for unexpected complications from a recent unspecified illness.

8:29am EST

Germany's Merck in fresh bid to enter U.S. MS pill market

FRANKFURT Germany's Merck KGaA is reviving plans to bring an oral multiple sclerosis (MS) treatment to the U.S. market, hoping for blockbuster sales despite regulatory concerns about side effects having frustrated its ambitions almost seven years ago.

Health, Germany 5:22am EST

South African regulator probes conduct of Steinhoff auditors

JOHANNESBURG South Africa's Independent Regulatory Board for Auditors (IRBA) is investigating Steinhoff's auditor following the retail group's disclosure of accounting irregularities, it said on Friday.

8:33am EST

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