Merkel convinces fellow world leaders to support trade, energy & Africa - US isolated
2017-07-08 23:24:18 UTC
HAMBURG — Leaders from the world's leading economies broke with U.S. President Donald Trump on climate policy at a G20 summit on Saturday, in a rare public admission of disagreement and blow to multilateral cooperation.
German Chancellor ...
President of the United States is Trying to Divide Europe
2017-07-05 22:02:32 UTC
WARSAW — U.S. far-right nationalist President Donald Trump will get a chance to patch up trans-Atlantic ties this week when he meets with NATO allies still rattled by his failure on an earlier trip to embrace the principle that an attack against o...
Germany's Federal Crime Office has the Panama Papers
2017-07-04 17:22:23 UTC
BERLIN — Germany's Federal Crime Office(BKA) said on Tuesday it had obtained a copy of the leaked data known as the Panama Papers that last year revealed how offshore firms are used to stash the wealth of the world's rich and powerful.
US auto industry has been bracing for a downturn
2017-07-03 16:51:23 UTC
The U.S. auto industry has been bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. A glut of nearly new used vehicles poses competition for new vehicle sales and automakers have relied increasingly on high consu...
Tesla Model 3 passed all regulatory requirements for production
2017-07-03 06:23:42 UTC
Tesla Inc's high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night.
Musk said in May that Tesla was on track to begin production of the $35,000 ...
BREXIT: EU demands up to $114 billion before talks on trading
2017-07-02 20:21:37 UTC
LONDON — UK Brexit minister David Davis said two months ago that Britain will not pay 100 billion euros ($114 billion) to leave the European Union after it was reported that the EU was preparing to demand that amount.
But the EU wants to agree ...
Germany distancing itself from the US and the UK
2017-06-29 17:38:22 UTC
BERLIN — Germany is distancing itself from the US and the UK and toward France. Chancellor Angela Merkel made that abundantly clear in a major speech to parliament about the EU's future and next week's G20 summit in Hamburg.
Germany and France ...
Massive hack attack: "It's like WannaCry all over again"
2017-06-27 17:39:04 UTC
MOSCOW/KIEV — A ransomware attack hit computers across the world on Tuesday, taking out servers at Russia's biggest oil company, disrupting operations at Ukrainian banks, and shutting down computers at multinational shipping and advertising firms....
Koch brothers: Eliminate medicaid for poor and disabled Americans
2017-06-26 07:13:57 UTC
COLORADO SPRINGS, COLO. — Officials with the conservative U.S. political network overseen by the Koch brothers say they are unhappy with the healthcare bill that may be voted on by the Senate this week and will lobby for changes to it.
At a wee...
Obama: The Senate bill would raise costs, reduce coverage, roll back protections
2017-06-24 17:51:21 UTC
Barack Obama released a blistering statement on Thursday condemning Senate Republicans’ plans to repeal and replace the Affordable Care Act, calling the draft legislation a “massive transfer of wealth from middle-class and poor families to the ric...
George Clooney's Tequila Company Sold for Up to $1 Billion
2017-06-22 00:12:49 UTC
LONDON — Diageo Plc has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal valuing it at up to $1 billion, as the world's largest spirits maker seeks to boost its presence in a high-growth market.
Diageo said on Wednesday...
Ford announces a new manufacturing investment in China
2017-06-20 17:58:55 UTC
DETROIT/WASHINGTON — Ford will export the next-generation Focus compact car from China to North America in 2019, rather than from Mexico as earlier planned, saving the company $500 million, a top executive said on Tuesday.
It is the first major...
Trump owes at least $315.6 million to German and other lenders
2017-06-17 07:34:21 UTC
WASHINGTON — President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Eth...
Amazon to buy Whole Foods
2017-06-16 17:34:24 UTC
By Lauren Hirsch, Anya George Tharakan and Sruthi Ramakrishnan
Amazon.com Inc said on Friday it would buy U.S. organic supermarket chain Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer's largest deal and bi...
Merkel's Plan is a Miracle for Africa
2017-06-14 05:08:30 UTC
Alpha Conde, head of the African Union and Guinean president, nudged German Chancellor Angela Merkel conspiratorially: yet another of his African counterparts had just described the so-called "Marshall Plan" for Africa, laid out by German Developm...
Trump is far away from overhauling bank regulation
2017-06-14 05:54:55 UTC
WASHINGTON — Wall Street banks on Tuesday cheered U.S. far-right nationalist President Donald Trump's plans to loosen the leash put on them in the wake of the 2008 financial crisis but they do not expect significant change any time soon.
France's Macron Crashing Parliamentary Majority
2017-06-13 05:15:13 UTC
PARIS — "France is back," Prime Minister Edouard Philippe said on French TV. "Next Sunday, the National Assembly will embody the new face of our republic."
French President Emmanuel Macron's party and its allies have won the biggest share of th...
Should I buy euros now or later?
2017-06-09 23:19:33 UTC
LONDON — The UK currency has experienced significant volatility in the fallout from the General Election.
The Conservatives failed to secure a majority in the contentious vote, leaving the nation grappling with the result of a hung parliament. ...
So much for strong and stable
2017-06-09 16:26:07 UTC
LONDON — British Prime Minister Theresa May said she would form a government backed by a small Northern Irish party after her Conservative Party lost its parliamentary majority in an election days before launching talks on Britain's EU departure.
++UK PM Theresa May Lost The Election++
2017-06-09 06:43:29 UTC
London — Prime Minister Theresa May was fighting to hold on to her job on Friday as British voters dealt her a punishing blow, denying her the stronger mandate she had sought to conduct Brexit talks and instead weakening her party's grip on power....
Iran, Turkey announcing its support for Qatar
2017-06-07 16:34:22 UTC
TEHRAN/ANKARA/DOHA — Turkey's main exporting industry body said it was ready to meet food and water supply demands from Qatar, after a Qatari official said Doha was in talks with Iran and Turkey to ensure trade disruptions did not create shortages...
Tech shares lead stocks to record highs and continue to rise
2017-06-04 05:28:11 UTC
NEW YORK — Technology shares have led U.S. stocks to record highs and are expected to continue to rise, but as market value becomes concentrated in the largest companies, some are beginning to look for the next rally leader.
The technology sect...
Global Warming: U.S. wants to plunder the planet
2017-05-31 18:28:52 UTC
U.S. far-right nationalist President Donald Trump, who has previously called global warming a hoax, plans to make good on his campaign vow to withdraw the United States from a global pact to fight climate change, a move that promises to deepen a...
With respect, Mr President: Sir, you are an idiot.
2017-06-02 19:04:57 UTC
BRUSSELS — It doesn't actually matter whether Donald Trump just described Germany as "bad" or "evil." Either way, it gives us the opportunity to return the insult.
With respect, Mr President: Sir, you are an idiot.
It is above all the stup...
"America First" might turn out to be rather lonely
2017-06-02 19:05:10 UTC
At the NATO summit in Brussels, US President Donald Trump acted like a diplomatic bully. He arrived late, then shoved the Montenegrin prime minister aside to ensure his place in the front row. He turned what was planned as a short ceremonial addre...