EU, the world's biggest trading bloc, seeks to set global trade rules - US out of the race
2017-07-27 16:29:50 UTC
BRUSSELS (Reuters) - If Donald Trump's ditching of a U.S.-led trade alliance with Pacific Rim nations wasn't a gift to the European Union, then it must be the next best thing.
The president's decision on his first day in office effectively pull...
Senate advances on healthcare and votes to open debate
2017-07-26 07:17:58 UTC
WASHINGTON (Reuters) - U.S. Senate Republicans narrowly agreed to open debate on a bill to repeal Obamacare, but the party's seven-year effort to roll back President Obama's signature healthcare law still faces significant hurdles.
Toyota long-range electric car needs just minutes for charging
2017-07-25 04:21:56 UTC
TOKYO (Reuters) - Toyota Motor Corp is working on an electric car powered by a new type of battery that significantly increases driving range and reduces charging time, aiming to begin sales in 2022, the Chunichi Shimbun daily reported on Tuesday....
British households' financial situation already deteriorating
2017-07-24 03:04:56 UTC
LONDON - U.S. president Donald Trump announced in June 2016, "I think Brexit is going to end up being a great thing."
Just one year after the Brexit vote, British people are more pessimistic and worried about their uncertain future.
Germany confronts Russia over Siemens turbines in Crimea
2017-07-23 04:38:53 UTC
<blockquote>FRANKFURT (Reuters) - Germany has warned Russia that breaches of sanctions including the relocation to Crimea of four gas turbines delivered to Russia by Siemens are straining political relations between the two countries, 'Bild am Son...
EU warns of 'unintended consequences' on Russia sanctions
2017-07-22 20:26:27 UTC
BRUSSELS (Reuters) - The European Union sounded an alarm on Saturday about moves in the U.S. Congress to step up U.S. sanctions on Russia, urging Washington to keep coordinating with its G7 partners and warning of unintended consequences.
In a ...
Solid European economic outlook kept euro strong against dollar
2017-07-21 04:12:59 UTC
TOKYO (Reuters) - Concerns about Trump's inability to push the US economy and strong global growth are weakening the dollar.
The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said taperin...
Brexit EU hub: Morgan Stanley & Citigroup choosing Frankfurt
2017-07-19 16:48:26 UTC
FRANKFURT/LONDON (Reuters) - Morgan Stanley has chosen Frankfurt to be the new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the ...
US Dollar falls to lowest level in 2017
2017-07-17 21:08:40 UTC
NEW YORK (Reuters) - The U.S. dollar hit its lowest level against a basket of major currencies in 10 months on Monday and the Australian dollar hit a more than two-year high on strong Chinese economic data and doubts that the Federal Reserve would...
Angela Merkel: Brexit changed my view on Europe
2017-07-15 18:57:48 UTC
ZINGST, Germany (Reuters) - German Chancellor Angela Merkel told voters on Saturday that Britain's decision to leave the European Union and France's election of President Emmanuel Macron had changed her view on the bloc, adding it was worth fighti...
US requires all nations to provide extensive traveler data
2017-07-13 23:30:12 UTC
WASHINGTON (Reuters) - The U.S. State Department will require all nations to provide extensive data to help it vet visa applicants and determine whether a traveler poses a terrorist threat, according to a cable obtained by Reuters.
Trump Jr. may have violated U.S. election law: Experts
2017-07-12 17:33:16 UTC
NEW YORK (Reuters) - Donald Trump Jr.'s meeting with a woman he was told was a Russian government lawyer who had incriminating information about Democratic candidate Hillary Clinton that could help his father's presidential campaign could lead inv...
Trump must lance the boil and resign
2017-07-12 05:43:50 UTC
WASHINGTON (Reuters) - Fresh off one foreign trip and preparing for another, Donald Trump was enjoying a period of relative calm - until the White House was rocked by a fresh controversy over contacts between the president's campaign and Russia.
TRUMP: “What do you have to lose?” Just your healthcare
2017-07-11 01:22:41 UTC
Donald Trump asked Senate Republicans to introduce a healthcare bill with “more heart.” They didn’t.
The senators’ draft legislation, introduced last Thursday, will strip tens of millions of low-income and middle-class Americans of their health...
German exports rose again more strongly than expected
2017-07-10 06:54:14 UTC
German exports rose more strongly than expected in May, outpacing a solid increase in imports and widening the trade surplus of Europe's biggest economy, data showed on Monday.
Seasonally adjusted exports climbed 1.4 percent - their fifth conse...
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...