EU, the world's biggest trading bloc, seeks to set global trade rules
2017-07-27 06:37:33 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...
Longtime soldier felt crushed by Trump's transgender ban
2017-07-27 03:58:36 UTC
TAMPA, Fla. (Reuters) - After 13 years of military service that included deployments to Iraq and Afghanistan, Indiana National Guard reservist Cameron St. Andrew felt crushed on Wednesday by President Donald Trump's decision to ban transgender sol...
US automakers expect a rougher ride for the rest of the year
2017-07-26 19:53:53 UTC
DETROIT (Reuters) - Ford Motor Co on Wednesday joined rival General Motors Co in reporting higher-than-expected second-quarter profits, and in the next breath warning of a rougher ride for the rest of the year.
Ford said full-year pre-tax profi...
Trump bans transgender people from military service
2017-07-26 17:42:29 UTC
WASHINGTON (Reuters) - Reversing Obama's landmark decision, President Trump said he would not permit transgender people to serve in the U.S. military. Trump cited "tremendous medical costs and disruption," which critics condemned as "raw preju...
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.
Turkish Clothing Export: The Real Trade Challenge Is Germany
2017-07-25 16:58:54 UTC
ISTANBUL (Reuters) - Turkey's clothing sector, a main driver of its foreign sales, may miss this year's export target if a row with Germany is not resolved, a leading manufacturer said on Tuesday.
Despite signs of a sales turnaround to other co...
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....
Trump is the President of the Midwest but not of the Coasts
2017-07-25 05:16:38 UTC
WASHINGTON, D.C. -- President Donald Trump, who has averaged 38.8% job approval since his inauguration, received approval ratings of 50% or higher in 17 states in the first half of 2017. Residents in an equal number of states gave him approval rat...
Hottest Tech startups don't need venture capital money
2017-07-24 07:00:59 UTC
NEW YORK (Reuters) - U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money.
Only a few...
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...
ExxonMobil Fined $2M for Russia Sanctions Breach Under CEO Tillerson
2017-07-22 08:02:32 UTC
<blockquote>Washington - The U.S. Treasury Department has fined ExxonMobil $2 million for violating U.S. sanctions against Russia three years ago, when Secretary of State Rex Tillerson served as the oil company’s CEO.
The Treasury said ExxonMo...
African immigrants in Germany help refugees to integrate
2017-07-21 06:52:17 UTC
<blockquote><h2>How African migrants are turning the tide for refugees in Germany</h2><h3><i>There's hardly anyone more qualified to help migrants and refugees new to Germany than former newcomers themselves. This is the premise of AfricanTide, an...
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...
German patience is over with Turkey's Erdogan
2017-07-20 16:04:36 UTC
BERLIN (Reuters) - In comments that threatened broader economic consequences, German Foreign Minister Sigmar Gabriel said he could not advise companies to invest in a country [Turkey] without legal certainty where even completely innocent companie...
China tests space station: Oxygen produced by plants
2017-07-20 05:55:48 UTC
BEIJING (Reuters) - Sealed behind the steel doors of two bunkers in a Beijing suburb, university students are trying to find out how it feels to live in a space station on another planet, recycling everything from plant cuttings to urine.
Obamacare repeal would leave 32 million more uninsured
2017-07-19 22:58:36 UTC
WASHINGTON (Reuters) - Thirty-two million Americans would lose their health insurance by 2026 if Obamacare is repealed without a replacement, the U.S. Congressional Budget Office reported late on Wednesday as President Donald Trump pushed fellow S...
Trump taught his children: Fight dirty and win, no matter the cost
2017-07-19 22:11:23 UTC
Donald Trump taught his children to fight dirty and win, no matter the cost.
Decades before Donald Trump Jr. started making headlines as a First Son with a controversial record of meeting with Russian nationals, President Donald Trump‘s eldest...
German engineers refusing to help Putin to turn on turbines in Crimea
2017-07-19 17:10:03 UTC
MOSCOW (Reuters) - Russia outfoxed European Union sanctions by delivering gas turbines made by Germany's Siemens to the annexed Ukrainian region of Crimea. Now for the hard part, switching them on.
No Russian company, according to Reuters data,...
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 ...
105-year-old Japanese doctor who was still working died
2017-07-18 06:18:09 UTC
TOKYO (Reuters) - A centenarian Japanese doctor who saw patients until just months before his death and helped set up the medical systems that have made Japan one of the world's longest-lived nations died on Tuesday at the age of 105.
Born in 1...
Republicans in chaos over healthcare legislation
2017-07-18 18:40:01 UTC
WASHINGTON (Reuters) - Republicans in the U.S. Congress were in chaos over healthcare legislation after a second attempt to pass a bill in the Senate collapsed late on Monday.
"Regretfully, it is now apparent that the effort to repeal and imme...
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...
Maths 'genius' Maryam Mirzakhani, First Woman to Win Fields Medal, Dies Age 40
2017-07-15 18:46:03 UTC
The Iranian-born professor, Maryam Mirzakhani, the first woman to receive the prestigious Fields Medal –considered the mathematics equivalent of the Nobel Prize – for mathematics, has died in the US.
The 40-year-old had breast cancer, which had...