July 17 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
- After a year of prolonged negotiations marked by several
dramatic twists and turns, the Canadian retailer Alimentation
Couche-Tard ( ANCTF ) said it was abandoning its multi-billion
dollar bid to acquire the owner of 7-Eleven convenience
stores.
- Indonesia's president, Prabowo Subianto, confirmed on
Wednesday the broad outlines of a trade agreement with the
United States under which U.S. exports to Indonesia would face
no tariffs, while Indonesian goods would be charged a tariff of
19% in the United States.
- U.S. President Donald Trump said on Wednesday that he had
spoken to the Coca-Cola Company ( KO ) about using "REAL cane
sugar in Coke" in the United States and that the company had
agreed to begin adding it.
- President Trump showed off a draft of a letter firing
Federal Reserve Chair Jerome Powell during a meeting with
roughly a dozen House Republicans on Tuesday night, polling them
as to whether he should do it and indicating that he likely
would.
(Compiled by Bengaluru newsroom)