Trump causes deep divisions with G7 leaders over trade, migration and climate
2017-05-26 17:42:42 UTC
TAORMINA, ITALY — Leaders from the world's major industrialized nations began talks on Friday at a G7 summit in Sicily which is expected to expose deep divisions with U.S. far-right nationalist President Donald Trump over trade and climate change....
Facebook focuses on Vox, BuzzFeed and others for video service
2017-05-24 20:47:43 UTC
NEW YORK — Facebook has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with a...
Democrats Ask Deutsche Bank If Trump Accounts Have Russia Ties
2017-05-24 20:04:14 UTC
Democrats on a U.S. of House of Representatives panel have asked Deutsche Bank to provide information on whether any accounts connected to President Donald Trump have ties to Russia, adding another dimension to probes into connections between Mosc...
Senate panel to subpoena Flynn businesses after he declined to collaborate
2017-05-23 22:12:21 UTC
WASHINGTON — The leaders of the U.S. Senate Intelligence Committee said on Tuesday they would subpoena two of former national security adviser Michael Flynn's businesses after Flynn declined to comply with a subpoena for documents in the panel's R...
TPP agreed to move the trade deal forward without U.S.
2017-05-21 04:56:58 UTC
Countries in the Trans-Pacific Partnership (TPP) agreed on Sunday to explore ways to move the trade deal forward after U.S. President Donald Trump's pulled out in his switch to an "America First" policy.
The so-called TPP-11 countries held thei...
Trump to Lavrov: U.S. FBI director was crazy, a real nut job
2017-05-20 06:24:21 UTC
WASHINGTON — The New York Times reported that U.S. far-right nationalist President Donald Trump boasted to Russian officials at a White House meeting last week that firing Comey relieved "great pressure" the president faced from a law-enforcement ...
Mexico to import record amount of corn from Brazil instead US
2017-05-19 07:08:25 UTC
MEXICO CITY — Mexico expects to import a record amount of yellow corn from Brazil this year after its livestock producers secured lower prices in deals with suppliers on a recent visit to South America as NAFTA talks loom, a Mexican official said ...
Trump's people were in excessive contact with Russians
2017-05-19 05:58:03 UTC
WASHINGTON — Michael Flynn and other advisers to Donald Trump’s campaign were in contact with Russian officials and others with Kremlin ties in at least 18 calls and emails during the last seven months of the 2016 presidential race, current and fo...
Senate Intel has not received a subpoena response from Flynn
2017-05-18 18:22:41 UTC
Lawyers for President Donald Trump's former national security adviser Michael Flynn have not yet indicated whether Flynn plans to comply with the Senate Intelligence Committee's subpoena for documents, the panel's chairman said in a statement on T...
France and Germany to work on a roadmap for the EU
2017-05-15 20:25:01 UTC
BERLIN — Chancellor Angela Merkel chose to accentuate the positive ahead of her meeting with new French President Emmanuel Macron, a 39-year-old former investment banker who beat an ally from the US far-right nationalist President Donald Trump, Ma...
China calls for closer cooperation across Asia and Europe
2017-05-14 08:05:05 UTC
BEIJING — Chinese President Xi Jinping called Sunday for closer cooperation across Asia and Europe in areas from anti-terrorism to finance, as leaders from 29 countries gathered to promote a Chinese trade initiative.
He pledged $124 billion on...
General Electric: We're very supportive of NAFTA
2017-05-12 19:35:46 UTC
MONTERREY, MEXICO — General Electric Co's chief executive on Friday praised Mexico as a big part of its future growth and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S. far-right nationalist Pres...
NY Fed: Trump's protectionism is a "dead end"
2017-05-11 21:41:20 UTC
William Dudley, head of the New York Fed and one of the most influential Federal Reserve officials said on Thursday in the central bank's strongest defense yet of open borders in the face of a skeptical Trump administration, trade protectionism is...
German's Aldi is going to beat the largest US retailer at its own game
2017-05-11 06:57:56 UTC
German grocery chain Aldi is going to beat the largest US retailer at its own game: low prices.
Already with 1,600 U.S. stores, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Store...
Euro Gets Stronger Against The Dollar After French Election
2017-05-08 05:12:15 UTC
The euro pulled away from highs hit early in the Asian session on Monday as investors took profits from its gains after centrist Emmanuel Macron's victory over the far-right Marine Le Pen in France's presidential election.
Macron's resounding d...
MACRON WINS FRENCH PRESIDENCY BY EMPHATIC MARGIN
2017-05-08 04:11:04 UTC
Emmanuel Macron has been elected president of France with a business-friendly vision of European integration, defeating Marine Le Pen, a far-right nationalist who threatened to take France out of the European Union.
Independent Macron topped 66...
Canada is considering duties on some exports from U.S.
2017-05-07 06:38:44 UTC
By David Ljunggren | OTTAWA — Canada struck back at the United States over a lumber dispute, threatening to ban shipments of U.S. thermal coal from Pacific ports and suggesting sanctions against products from Oregon.
Liberal Prime Minister Just...
Will Emmanuel Macron be France's next president?
2017-05-07 05:20:00 UTC
PARIS — French voters will decide today whether a pro-European Union centrist or an anti-EU, anti-immigration far-rightist will lead them for the next five years.
Opinion polls indicate they will pick Emmanuel Macron, a 39-year-old ex-economy m...
America's Bad Health Care System Is Getting Worse
2017-05-05 01:42:08 UTC
WASHINGTON — GOP House majority approved a bill to repeal Obamacare, which enabled 20 million more Americans to get health insurance.
Democrats say it would make insurance unaffordable for those who need it most and leave millions more uninsur...
Nasa discovers new planetary system similar to our solar system
2017-05-10 05:03:15 UTC
The Stratospheric Observatory for Infrared Astronomy (SOFIA) is a joint German-US space science project. Carrying a 2.5-metre telescope inside a modified Boeing 747SP, the airborne observatory performs astronomical observations in the infrared and...
Germany: Greece Has Made Strong Reforms Progress
2017-04-30 06:41:34 UTC
German Finance Minister Wolfgang Schaeuble was quoted in a newspaper interview on Sunday saying that Greece has made strong progress toward introducing reforms that could lead to the imminent release of further financial support.
"If the Greek ...
Trump's Nonsense Economic Plan Doesn't Work With Simple Math
2017-04-29 15:27:27 UTC
WASHINGTON — The U.S. could seek to renegotiate NAFTA (North American Free Trade Agreement), but it’s unclear what Trump wants from Mexico and Canada. There are currently no tariffs on goods traded in North America. The U.S. also could withdraw fr...
German Economy Booms Despite U.S. Protectionism Anarchy
2017-04-28 15:54:29 UTC
By Michael Nienaber | HAMBURG, GERMANY — When port manager Axel Mattern looks out onto the Elbe River from his office in Hamburg's historic warehouse district, he can literally count the rising number of container ships leaving Germany's biggest h...
Trump continues to be cynical over Paris Climate Agreement
2017-04-28 07:06:19 UTC
By Stephen J. Adler, Steve Holland and Jeff Mason | WASHINGTON — Trump complained on Thursday that the United States was being unfairly treated in the Paris Climate Agreement and told Reuters he would announce a decision in about two weeks on whet...
Trump's Tax Plan With Big Cuts For Businesses Like His
2017-04-26 18:33:19 UTC
WASHINGTON — Trump proposed slashing the U.S. tax rate on corporate and pass-through business profits to 15 percent from 35 percent or more, while also offering tax cuts to average Americans in a rough outline of his tax policy goals.