Germany calls on UK to offer more 'concrete' Brexit plans
2018-02-16 17:47:12 UTC
BERLIN (Reuters) - A Brexit deal should strike a balance to ensure Britain clearly diverges from the European Union’s single market but keeps close economic ties with the bloc, German Chancellor Angela Merkel said after meeting British Prime Minis...
Netanyahu faces corruption and breach of trust charges
2018-02-14 16:36:57 UTC
How is the Israeli prime minister linked to an allegedly corrupt deal with German steel producer ThyssenKrupp?
One is Israel's long-serving prime minister, the other is one of Germany's biggest industrial corporations, and now the two have been...
The Real Concerns About Markets As U.S. Inflation Looms
2018-02-14 18:54:27 UTC
New York — U.S. financial markets have been roiled recently by something neither the economy nor investors have had to contend with for the better part of a decade: concerns they may soon have to reckon with rising inflation.
The S&P 500 .SPX.I...
German workers win right to 28-hour week and 4.3% pay rise
2018-02-12 10:19:03 UTC
Berlin — German workers have won the right to a 28-hour week in a victory towards their fight for a better work-life balance.
Industrial union IG Metall, Europe’s largest trade union, has won its workers the right to work the equivalent of unde...
Audi, VW and Porsche Develop Joint Electric Car Platform
2018-02-10 21:32:51 UTC
FRANKFURT (Reuters) - Porsche and Audi, Volkswagen’s main luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs, German newspapers quoted their chief executives as saying...
5 Reasons the US Market Is Crashing
2018-02-06 04:38:54 UTC
Dow Jones industrials plummets with largest drop since 2011.
The US Dow Jones stock index plunged 4.6 percent Monday, in its biggest one-day percentage loss since 2011. The selloff has wiped off all its gains since the start of 2018. Asia share...
Dow Jones Worst Day Since 2011
2018-02-06 03:58:21 UTC
TOKYO (AP) — Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years.
Japan’s Nikkei 225 index dropped as much as 5.6 percent in early tra...
Germany slams US nuclear plans, urges Europe to act
2018-02-04 20:13:53 UTC
BERLIN — Germany's top diplomat Sigmar Gabriel joined a chorus of condemnation on Sunday after the US proposed upgrading and expanding its nuclear arsenal.
Gabriel said it was now up to Europe to take the lead in pushing for worldwide nuclear d...
Study: Dying Polar Bear Connected to Global Warming
2018-02-04 05:42:12 UTC
Millions have seen the heart-wrenching video of a polar bear clinging to life, its white hair limply covering its thin, bony frame. Shot by Paul Nicklen and Cristina Mittermeier of the nonprofit group Sea Legacy, and published on National Geograph...
Trump declassified FBI memo written only in his own favor
2018-02-02 19:38:37 UTC
House Republicans on Friday released a partisan and bitterly disputed memo that they say shows surveillance abuses in the early stages of the FBI’s investigation into the Trump campaign and Russia.
The memo, prepared by Republicans on the House...
Germany's Economy Growing Fast with Surplus
2018-02-01 22:18:01 UTC
BERLIN (Reuters) - The German government this week raised its 2018 growth forecast to 2.4 percent from 1.9 percent after bullish economic data, which could translate into added tax revenues.
That would give more leeway to increase state spendin...
EU Pledges Additional $53 Million in Aid to Palestinians
2018-01-31 20:55:32 UTC
The EU has promised an extra $53 million to Palestinians for state-building efforts. The aid comes after the US decision to withhold millions in funding from the UN agency that supports Palestinian refugees.
The European Union has pledged €42.5...
British government forecast predicts UK will suffer in every Brexit scenario
2018-01-30 18:34:42 UTC
A confidential report prepared for the British government and leaked on Monday suggests all UK industries will be hurt by leaving the European Union, Buzzfeed News reported.
The findings are the latest embarrassment for British Prime Minister T...
Tennessee City Stumped by Trump's 'America First' Tariffs on Washing Machines
2018-01-29 21:29:06 UTC
CLARKSVILLE, Tenn. (Reuters) - When President Donald Trump imposed steep tariffs on imported washing machines last week it was a “Not Again” moment for officials in this north Tennessee city that has lost jobs to an international trade dispute bef...
California will catch up globally on electric vehicle sales
2018-01-27 08:07:24 UTC
(Reuters) - California said on Friday it would ramp up efforts to boost electric vehicles even as it holds talks with the Trump administration over the fate of fuel efficiency standards through 2025.
California Governor Jerry Brown signed an ex...
Weak US Dollar Struggles, Asian Shares Reach Record Peak
2018-01-25 07:27:10 UTC
TOKYO (Reuters) - Asian stocks hit a record high on Thursday though concerns about the Trump administration’s protectionist stance tempered enthusiasm in financial markets, while the dollar struggled after U.S. Treasury Secretary Steven Mnuchin we...
Davos: Merkel says right-wing populism is a 'poison'
2018-01-24 21:04:11 UTC
DAVOS, Switzerland — German Chancellor Angela Merkel evoked the two world wars and questioned whether the West had learned the lessons from those conflicts.
Merkel has told WEF delegates that "the right-wing populism is a poison."
“We are ...
Dollar Slides to 3-year Low as Euro Gains
2018-01-24 07:28:05 UTC
SINGAPORE (Reuters) - The dollar slid to three-year lows against a basket of major peers on Wednesday.
The euro climbed to as high as $1.2335 EUR=, its strongest level since December 2014, and was last up 0.2 percent at $1.2318.
Euro zone co...
Democrats agreed to extend funding government until Feb-8
2018-01-22 21:19:38 UTC
WASHINGTON (Reuters) - U.S. senators struck a deal on Monday to lift a three-day government shutdown and try to end a fight between Democrats and President Donald Trump’s Republicans over immigration and border security.
Legislation to renew fe...
A year of Trump: Hate binds and blinds US
2018-01-21 07:50:21 UTC
The US president has been in office for a year. His critics make it far too easy for him when they unite in blind hate against all things Donald Trump, writes Germany's public international broadcaster-DW Editor-in-Chief Ines Pohl.
Women's March 2018 Rallies Across the United States
2018-01-20 19:26:47 UTC
WASHINGTON (Reuters) - Thousands of protesters turned out across the nation for the second Women’s March on Saturday, marking the first anniversary of President Donald Trump’s inauguration with rallies aimed at channeling female activism into poli...
#TrumpShutdown — U.S. Government Shuts Down After Senate Vote Fails
2018-01-20 08:57:36 UTC
WASHINGTON (Reuters) - The U.S. government shut down at midnight on Friday after Democrats and Republicans failed to reach a last-minute deal to fund its operations, divided in a bitter dispute over immigration and border security.
Bitcoin extended its sharp tumble of the past 24 hours
2018-01-17 17:16:08 UTC
(Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than 20 percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed i...
Trump turns to Supreme Court to end DACA program for immigrants
2018-01-16 22:48:03 UTC
WASHINGTON (Reuters) - The U.S. Justice Department on Tuesday said it will ask the Supreme Court to overturn a judge’s ruling last week that blocked President Donald Trump’s move to end a program that protects hundreds of thousands of immigrants b...
Chuck Hagel: Trump is “doing great damage to US"
2018-01-16 05:18:42 UTC
Former U.S. secretary of defense, Chuck Hagel, said the U.S. president Donald Trump is an embarrassment,” and “doing great damage to our country internationally."
Hagel believes we have entered "a defining year, a year of volatility and uncerta...