Brexit: Pro European Union Protesters March in London
2018-06-23 22:01:31 UTC
LONDON (Reuters) - Around 100,000 supporters of the European Union marched through central London on Saturday to demand that the British government hold a final public vote on the terms of Brexit, organizers said.
Protesters packed the main art...
Tesla to close 14 solar facilities, cut jobs
2018-06-22 04:44:58 UTC
SAN FRANCISCO (Reuters) - Electric car maker Tesla Inc’s move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three interna...
Poll: 70 percent of Canadians boycott U.S. products
2018-06-16 07:43:47 UTC
OTTAWA (Reuters) - Seventy percent of Canadians say they will start looking for ways to avoid buying U.S.-made goods in a threat to ratchet up a trade dispute between Prime Minister Justin Trudeau and U.S. President Donald Trump, an Ipsos Poll sho...
Iran to Kim: Don't trust Trump, he quits deals within hours
2018-06-12 23:46:34 UTC
LONDON (Reuters) - Iran warned North Korean leader Kim Jong Un on Tuesday against trusting U.S. President Donald Trump, saying he could cancel their denuclearization agreement within hours.
Tehran cited its own experience in offering the advice...
Trump's massive tax cuts drive up U.S. deficits: Just in May alone, $147 billion
2018-06-12 23:06:23 UTC
WASHINGTON (Reuters) - The U.S. government had a $147 billion budget deficit in May, an increase of 66 percent from the same month last year as the ledger took a hit from declining revenue and higher spending, according to Treasury Department data...
Canadian province of Quebec offers C$100 million in loans to companies hit by U.S. tariffs
2018-06-11 22:15:23 UTC
MONTREAL (Reuters) - The Canadian province of Quebec will offer C$100 million ($77.1 million) in loans and guarantees on loans to steel and aluminum companies hit by recent U.S. tariffs, the province’s economy minister said on Monday.
Mexico puts tariffs on products from key Republican congressional districts
2018-06-07 02:50:01 UTC
WASHINGTON/MEXICO CITY (Reuters) - Mexican tariffs are roiling U.S. congressional campaigns in states where U.S. exporters could take a hit and President Donald Trump’s Republicans face tough races in November congressional elections.
Renowned Economist: No one express “a single word of respect for Trump”
2018-06-02 15:51:31 UTC
American economist Jeffrey Sachs has written a scathing takedown of President Donald Trump, calling him a delusional, psychopathic “threat to the nation and the world.”
He might be a “Manchurian Candidate” who is working as a “stooge” for some ...
United States completely isolated itself at G7 meeting
2018-06-01 19:03:28 UTC
WASHINGTON/WHISTLER, British Columbia (Reuters) — U.S. isolated at G7 meeting as tariffs prompt retaliation.
At a meeting of the Group of Seven top world economic powers in Canada, France’s Finance Minister Bruno Le Maire castigated the United ...
France: The American consumer will pay for Trump's tariffs bill
2018-06-01 05:26:35 UTC
PARIS (Reuters) - U.S. trade tariffs on European metals exports are unjustified and will be met with a proportionate and calibrated EU response, the French government said on Thursday.
“Today, France and the EU disapprove, of course, these meas...
EU, Canada, Mexico announce retaliatory measures against US products
2018-06-01 00:35:36 UTC
WASHINGTON/PARIS (Reuters) - Canada and Mexico retaliated against the United State’s decision on Thursday to impose tariffs on steel and aluminum imports and the European Union had its own reprisals ready to go, reigniting investor fears of a glob...
Wall Street stocks: Dow Jones falls nearly 400 points
2018-05-29 21:41:34 UTC
NEW YORK (Reuters) - A spiraling Italian political crisis provoked a global stock market sell-off on Tuesday, cut the euro to a 10-month low and spiked borrowing costs for the government in Rome.
Investors fear that repeat elections - which now...
EU privacy law: Companies to be more attentive to user data
2018-05-25 06:40:19 UTC
BRUSSELS (Reuters) - New European privacy regulations that go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to control their data and tougher enforcement of...
T-Mobile, operated by Germany's Deutsche Telekom, to buy Sprint for $26 billion
2018-04-29 18:11:58 UTC
T-Mobile agreed to acquire Sprint in an all-stock deal for $26 billion that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny.
The agreement caps four years of on- and off- talks bet...
European powers seek to save Iran nuclear agreement
2018-04-29 18:02:16 UTC
LONDON (Reuters) - The leaders of Britain, France and Germany have agreed the Iran nuclear deal is the best way of stopping Tehran from gaining nuclear weapons, British Prime Minister Theresa May’s office said in a statement on Sunday.
May had ...
EU and Mexico reached agreement on free trade deal
2018-04-22 17:58:44 UTC
BRUSSELS (Reuters) - German Chancellor Angela Merkel on Sunday welcomed an agreement reached between the European Union and Mexico on a new free trade deal, a coup for both parties in the face of increased protectionism from the United States unde...
Merkel and Macron seeking a joint proposal on EU reforms
2018-04-18 23:46:24 UTC
BERLIN (Reuters) - The leaders of Germany and France meet on Thursday to try to work out a common position on reforming the euro zone, a sensitive issue that is testing the new government in Berlin just a month after it took office.
China asks EU to stand together against US protectionism
2018-04-17 17:12:37 UTC
BEIJING/BRUSSELS (Reuters) - China’s international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beijing against U.S. protectionism, according to four s...
Why is Germany's dual education system coveted?
2018-04-06 22:04:13 UTC
The German economy is powered by products sold the world over. The strength of Europe's powerhouse depends on outbound shipments. We take a look at one of its latest exports and reveal the secrets behind its success.
Charlotte Falke creates tec...
Trump playing a game of chicken with US economy
2018-04-06 20:08:51 UTC
BEIJING/WASHINGTON (Reuters) - China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh trade measures if the United States follows through on President Donald Trump’s threat to slap tariffs on an additional ...
China increased tariffs by up to 25 percent on 128 US goods
2018-04-02 06:29:23 UTC
BEIJING (Reuters) - China has increased tariffs by up to 25 percent on 128 U.S. products including frozen pork, wine and certain fruits and nuts, escalating a spat between the world’s biggest economies in response to U.S. duties on imports of alum...
California Judge Rules Coffee Sellers Should Post Cancer Warnings
2018-03-30 08:53:52 UTC
LOS ANGELES (AP) — Scientists haven’t rendered a verdict on whether coffee is good or bad for you but a California judge has. He says coffee sellers in the state should have to post cancer warnings.
The culprit is a chemical produced in the bea...
Repeal the Second Amendment, Retired Supreme Court Justice Says
2018-03-27 19:09:32 UTC
Retired Supreme Court Justice John Paul Stevens, responding to this past weekend's March For Our Lives in several cities, is proposing what some might call a radical solution to prevent further gun violence — repealing the Second Amendment.
Trump signs spending bill that "nobody read it"
2018-03-23 18:45:02 UTC
WASHINGTON (Reuters) - U.S. President Donald Trump signed Congress’ newly passed $1.3 trillion spending bill on Friday, ending suspense over a surprising threat he made hours earlier to veto the budget and shut down the federal government.
European Union economy is performing at its best level
2018-03-23 17:37:32 UTC
BRUSSELS (Reuters) - The euro zone’s economy is performing at its best level yet, European Council President Donald Tusk told reporters on Friday, calling for EU leaders to consider reforms.
“We are experiencing the most favorable situation sin...