Economy

  • The GOP Tax Cut Plan Has Almost No Impact on Investment
    The_gop_tax_cut_plan_has_almost_no_impact_on_investment 2017-11-16 05:47:30 UTC
    NEW YORK (Reuters) - Billionaire entrepreneur and potential presidential candidate Mark Cuban said on Wednesday that a cut in the U.S. corporate tax rate would have little to no effect on his investment decisions. Bills before both the U.S. Sen...
  • Strong German Growth Data Lifts Euro
    Solid_european_economic_outlook_kept_euro_strong_against_dollar 2017-11-14 22:08:49 UTC
    NEW YORK (Reuters) - The euro was set for its strongest session in more than four months on Tuesday, boosted by strong economic growth in Germany, but world stocks fell for the fourth straight day as oil prices fell and investors worried about U.S...
  • Germany intends to set up a mandatory registry of lobbyists
    Germany_intends_to_set_up_a_mandatory_registry_of_lobbyists 2017-11-14 21:57:06 UTC
    BERLIN (Reuters) - German parties exploring a coalition government agreed on Tuesday to set up a mandatory registry of lobbyists and may require private firms to disclose breaches of cyber defenses, according to a draft paper on security seen by R...
  • BREXIT: UK will not say how much it owes the EU
    Brexit-_uk_will_not_say_how_much_it_owes_the_eu 2017-11-12 16:50:04 UTC
    LONDON (Reuters) - Britain will not offer a figure or a formula for how much it believes it owes the European Union, Brexit minister David Davis said on Sunday, after the EU demanded that London spell out its approach to the final bill to unblock ...
  • TPP Countries Agree to Move Ahead Without the US
    Trump_-_tpp_countries_agree_to_move_ahead_without_the_us 2017-11-11 07:34:30 UTC
    DANANG, Vietnam (Reuters) - Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last minute resistance from Canada raised new doubt...
  • AT&T CEO Says Never Offered to Sell CNN
    At_t_ceo_says_never_offered_to_sell_cnn 2017-11-09 05:04:37 UTC
    NEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media com...
  • The Paradise Papers: Queen's Private Estate in Hot Water
    The_paradise_papers-_queen's_private_estate_in_hot_water 2017-11-06 18:53:23 UTC
    Reporters have published a raft of secret documents that reveal the strange investments and tax avoidance indulged in by the powerful and wealthy. The revelations come from the same team that uncovered the Panama Papers. But it appears for now tha...
  • GOP Massive Tax Cuts Will Lead to Major Deficit and Debt
    Gop_massive_tax_cuts_will_lead_to_major_deficit_and_debt 2017-11-02 21:24:00 UTC
    WASHINGTON (Reuters) - U.S. House of Representatives Republicans unveiled long-delayed legislation on Thursday to deliver deep tax cuts that President Donald Trump has promised. The bill, representing what would be the largest overhaul of the U...
  • Bitcoin surged to a record high of more than $6,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-10-20 20:12:57 UTC
    NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a who...
  • EU Reaffirms Full Commitment to the Iran Nuclear Deal
    Eu_reaffirms_full_commitment_to_the_iran_nuclear_deal 2017-10-19 23:53:02 UTC
    BRUSSELS (Reuters) - European Union leaders on Thursday reaffirmed their full commitment to the 2015 nuclear deal between Iran and world powers, hoping that the U.S. Congress would not let it collapse despite relentless criticism by President Dona...
  • Xi: China Will Relax Market Access for Foreign Investment
    Xi-_china_will_relax_market_access_for_foreign_investment 2017-10-18 05:56:37 UTC
    BEIJING - Chinese President Xi Jinping opened a critical Communist Party Congress with a pledge to build a "modern socialist country" that will never copy the political systems of others and will remain open to the world. China will relax marke...
  • NAFTA: US Government Issues Are "Practically Absurd"
    Nafta-_us_government_issues_are_%22practically_absurd%22 2017-10-16 19:27:18 UTC
    ARLINGTON, Va. (Reuters) - Negotiators from Canada and Mexico grappled with U.S. demands to drastically alter the North American Free Trade Agreement on Saturday, as talks over renewal of the pact vilified by President Donald Trump ran through a f...
  • Brexit: "British Government Doesn't Know What It Wants"
    Brexit-_%22british_government_doesn't_know_what_it_wants%22_-_theresa_may_ 2017-10-05 17:25:39 UTC
    BERLIN (Reuters) - German firms active in Britain should make provisions now for a “very hard Brexit”, Germany’s biggest industry group said on Thursday, because the government in London does not know what it wants. The Federation of German Ind...
  • US hiring slowed to an 11-month low in September
    Us_job_openings_continue_to_tighten_amid_a_scarcity_of_qualified_workers 2017-10-04 16:44:29 UTC
    (Reuters) - U.S. companies scaled back their hiring to an 11-month low in September after two powerful hurricanes disrupted some business activities, while the vast domestic services sector overcame those snags to expand at its fastest pace in 12 ...
  • German automakers relying on efficiency to build electric cars
    German_automakers_relying_on_efficiency_to_build_electric_cars 2017-10-05 03:13:13 UTC
    FRANKFURT (Reuters) - BMW and Mercedes are betting they can mass produce new electric cars based on conventional vehicles, defying sceptics who say they will need more radical designs to head off the threat from Tesla and other start-up carmakers....
  • 'Subscription news websites' may face less prominence in Google search results
    'subscription_news_websites'_may_face_less_prominence_in_google_search_results 2017-10-02 22:19:54 UTC
    SAN FRANCISCO (Reuters) - Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media gi...
  • Trump's Tax Plan Will add Trillions of Dollars to the Debt
    Trump_undermines_trust_between_partners-_%22i_have_the_absolute_right%22 2017-09-28 06:48:39 UTC
    WASHINGTON (Reuters) - President Donald Trump proposed on Wednesday the biggest U.S. tax overhaul in three decades, calling for tax cuts for most Americans, but prompting criticism that the plan favors business and the rich and could add trillions...
  • Trump: Republicans Have Votes to Pass Healthcare Later
    Trump_healthcare 2017-09-27 13:07:35 UTC
    WASHINGTON (Reuters) - Republicans have enough support to pass their healthcare overhaul but not this week, President Donald Trump said on Wednesday, one day after Senate Republicans admitted defeat over their effort to repeal and replace Obamacar...
  • Trump's Tax Plan Proposes Deep Cuts, Lacks Revenue Details
    Trump_tax_plan 2017-09-27 12:52:02 UTC
    David Morgan WASHINGTON (Reuters) - U.S. President Donald Trump will call on Wednesday for slashing tax rates on businesses and the wealthy as part of a new tax plan that is likely to offer few details about how to pay for the cuts without expa...
  • SEC Hack: Persistent Government Cyber Vulnerability
    Sec_cyber_hack 2017-09-22 14:24:31 UTC
    Dustin Volz, Jason Lange WASHINGTON/NEW YORK (Reuters) - A major computer hack at America’s top stock market regulator is the latest sign that data stored in the highest reaches of the U.S. government remains vulnerable to cyber attacks, despit...
  • China's Banks to Stop Doing Business with North Korea
    Peoples_bank_of_china 2017-09-21 13:19:57 UTC
    BEIJING/HONG KONG (Reuters) - China’s central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid U.S. concerns that Beijing has not been tough enough over Pyongyang’s repeated nu...
  • Brexit: 10,000 finance jobs will be shifted out of Britain
    Brexit-_10_000_finance_jobs_will_be_shifted_out_of_britain 2017-09-18 14:51:50 UTC
    LONDON (Reuters) - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of workers in in...
  • EU Plans To Raise Taxes For Internet Giants
    Eu_plans_to_raise_taxes_for_internet_giants 2017-09-17 00:53:39 UTC
    TALLINN (Reuters) - A European Union plan to raise more tax from digital multinationals faced the first signs of scepticism on Saturday, as smaller members of the bloc warned about the economic impact from such a move. France wants to tax compa...
  • Equifax: Web Server Vulnerability Led to Hack
    Equifax_data_breach 2017-09-14 11:48:32 UTC
    (Reuters) - Credit reporting company Equifax Inc blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers. The mas...
  • Bluetooth bugs bedevil billions of android devices
    Bluetooth_bugs_bedevil_billions_of_android_devices_ 2017-09-13 17:45:53 UTC
    More than 5.3 billion devices with Bluetooth signals are at risk of a malware attack newly identified by an internet of things security company. If you're not keeping count, that's most of the estimated 8.2 billion devices that use Bluetooth, w...