Germany to halt all arms exports to Saudi
2018-10-22 21:35:32 UTC
ORTENBERG, Germany (Reuters) - German Chancellor Angela Merkel on Monday called the killing of journalist Jamal Khashoggi at the Saudi consulate in Istanbul a “monstrosity” and vowed to halt all German arms exports to Riyadh until the case is clea...
Brexit: The Irish border has become a sticking point
2018-10-15 16:25:14 UTC
LUXEMBOURG (AP) — Britain and the European were still both refusing to blink Monday over the question of the Irish border in Brexit talks — only two days ahead of a summit once seen as the moment when they would have to reach deal on Britain’s div...
EU: We will not let US "determine our trade policies"
2018-08-31 22:46:02 UTC
BERLIN (Reuters) - The European Union will respond in kind if U.S. President Donald Trump reneges on his pledge not to impose car tariffs, European Commission President Jean-Claude Juncker said as trade tensions between Europe and the United State...
Toyota to invest about $500 million in Uber Technologies
2018-08-28 01:30:16 UTC
(Reuters) - Toyota Motor Corp will invest about $500 million in Uber Technologies Inc [UBER.UL] to jointly work on developing driverless vehicles, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Toyota and Ub...
US and Mexico agreed to overhaul NAFTA
2018-08-28 01:30:25 UTC
WASHINGTON (Reuters) - The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to the new terms on auto trade and other issues to remain part of the three-natio...
CEOs: Trump's Immigration Policy Hurts U.S. Economy
2018-08-24 01:13:53 UTC
(Reuters) - A group of chief executive officers at the largest U.S. companies expressed serious concern about the Trump administration’s immigration policy and said the rules increase uncertainty and undermine economic growth.
In the letter sig...
Iran praises EU for their efforts to salvage 'Nuclear deal'
2018-08-19 16:50:57 UTC
LONDON (Reuters) - Iran’s vice president said on Sunday the government was seeking solutions to sell oil and transfer its revenues despite fresh U.S. sanctions.
“We are hopeful that the European countries can meet their commitments but even if ...
Steady and strong: German economy picking up more steam
2018-08-14 07:07:13 UTC
BERLIN (Reuters) - The German economy picked up more steam than expected in the second quarter, driven by higher household and state spending, preliminary data showed on Tuesday.
Gross domestic product in Europe’s biggest economy expanded by 0....
Trump's hotel revenue went up thanks to trip by Saudi Prince
2018-08-04 05:32:38 UTC
The relationship between the U.S. president Donald Trump administration and Saudi Arabia has been particularly close. Trump’s first trip abroad as president was to Saudi Arabia. In a surprise move, Trump initially praised a blockade of longtime al...
Plunge in Facebook shares rattled Amazon options market
2018-07-26 18:56:45 UTC
SAN FRANCISCO/NEW YORK (Reuters) - A plunge in Facebook Inc shares rattled the Amazon.com Inc options market on Thursday, with the social network’s fellow FAANG company due to report quarterly results later in the day.
Facebook on Wednesday war...
Trade war: China accuses US of “opening fire”
2018-07-05 16:53:07 UTC
BEIJING/WASHINGTON (Reuters) - China accused the United States on Thursday of “opening fire” on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in.
World Trade Organization rules in favor of Canada against US
2018-07-05 16:28:20 UTC
GENEVA (Reuters) - Canada won the bulk of a ruling at the World Trade Organization on Thursday in a dispute over U.S. duties on Canadian exports of supercalendered paper, which is used in glossy magazines and catalogues.
Canada filed the compla...
Volkswagen offers carsharing service with electric vehicles
2018-07-04 19:11:31 UTC
FRANKFURT (Reuters) - Volkswagen plans to start offering car sharing services using fully electric vehicles in German cities next year as part of efforts to serve consumers who don’t want to buy their own vehicles.
Its offering will compete in...
Trump’s “tariffs would result in loss of hundreds of thousands of American jobs”
2018-06-27 22:59:23 UTC
WASHINGTON (Reuters) - Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and thr...
New York sues Trump, three of his children & his foundation
2018-06-15 07:09:12 UTC
NEW YORK (Reuters) - New York’s attorney general sued U.S. President Donald Trump, three of his children and his namesake foundation on Thursday, alleging “persistently illegal conduct” at the nonprofit, including support for Trump’s 2016 presiden...
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...
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...
Trump Flip Flops on TPP - Trans Pacific Partnership
2018-04-12 23:35:17 UTC
WASHINGTON (Reuters) - U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans Pacific Partnership, a multinational trade pact he withdrew the United States from last year, White House spokeswoman Lindsay Walters sa...
BlackBerry sues Facebook, WhatsApp, Instagram over messaging patents
2018-03-06 21:16:34 UTC
BlackBerry filed a patent infringement lawsuit against Facebook and its WhatsApp and Instagram apps, arguing that they copied technology and features from BlackBerry Messenger.
Litigation over patent infringement is part of BlackBerry Chief Ex...
U.S. declares trade war against EU, Canada, Mexico, China, Japan and South Korea
2018-03-04 20:58:07 UTC
WASHINGTON (AP) — U.S. President Donald Trump’s administration appears unbowed by broad domestic and international criticism of his planned import tariffs on steel and aluminum, saying Sunday that the president is not planning on exempting any cou...
Trump's protectionist measures will hurt US economy
2018-03-04 00:47:34 UTC
WASHINGTON - Trump finally appears poised to make good on his promised threats to slam the door on free trade and erect walls around the country’s economy.
The U.S. President kept up pressure on trading partners, threatening European automaker...
US film studio 'The Weinstein Company' to file for bankruptcy
2018-02-27 00:53:48 UTC
The Weinstein Company said that the U.S. film studio, whose ex-chairman Harvey Weinstein has been accused of sexual harassment and assault, planned to file for bankruptcy in the coming days after talks to sell itself collapsed.
Filing for bankr...
NAFTA: Brazil exported 10 times more corn into Mexico, hurting US agriculture
2018-02-22 17:52:49 UTC
CHICAGO/MEXICO CITY (Reuters) - Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants.
Mexico is on tr...
U.S. consumer prices rose more than expected in January
2018-02-14 18:37:38 UTC
WASHINGTON (Reuters) - U.S. consumer prices rose more than expected in January, with a measure of underlying inflation posting its biggest gain in a year, strengthening expectations the Federal Reserve will have to quicken the pace of interest rat...
California will block transportation of oil from Trump offshore drilling plan
2018-02-08 07:11:56 UTC
SACRAMENTO, Calif. (Reuters) - California will block the transportation through its state of petroleum from new offshore oil rigs, officials told Reuters on Wednesday, a move meant to hobble the Trump administration’s effort to vastly expand drill...