Better-than-expected US jobs data helped propel Wall Street as did corporate earnings that exceeded expectations such as from United Parcel Service. “Companies have gotten very good at controlling expectations. This has been a pattern of crunching down of estimates prior to earnings being released, and when earnings come out, they beat the number,” Stephen Massocca, managing director at Wedbush Equity …

Trade Minister Tim Groser will be focused on Plan B: Getting TPP in place after his disappointment in being dropped from the race for the director-general’s role at the World Trade Organisation. Impeccable sources confirmed to www.newzealandinc.com that Groser has been told he will not go through to the final selection round for the WTO top job. The WTO selection …

The next head of the World Trade Organization will be either Mexico’s Herminio Blanco or Brazil’s Roberto Azevedo, guaranteeing a Latin American nation will hold the top job at the global trade body for the first time – according to Reuters. While the Reuters report is so far unconfirmed by official WTO sources, Inside US Trade is running the same …