Markets

  • UK can remain in EU single market until end of 2020
    Goodwill_gesture_from_eu-_uk_can_remain_in_internal_market_until_2020 2018-10-17 00:13:39 UTC
    BERLIN (Reuters) - The European Commission has offered to allow Britain to remain in the EU customs union and internal market beyond an agreed transitional arrangement until the end of December 2020, the Frankfurter Allgemeine Zeitung reported on ...
  • Brexit: The Irish border has become a sticking point
    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...
  • US Stock Markets In A Free Fall
    Us_stock_markets_in_a_free_fall 2018-10-11 21:54:02 UTC
    NEW YORK — The Dow Jones Industrial Average and the S&P 500 fell sharply again Thursday after both indexes on Wednesday logged their largest losses on a percentage basis since Feb. 8. The S&P 500 has closed lower for five straight days. The Nas...
  • Wall Street faces worst day since February
    Dow_jones_drops_831_points 2018-10-11 21:53:35 UTC
    NEW YORK (Reuters) - Stocks on major world markets slid to a three-month low on Wednesday, with the benchmark S&P500 stock index falling more than 3.0 percent, its biggest one-day fall since February. Technology shares tumbled on fears of slowi...
  • UK Brexit-negotiator is struggling to make headway
    18747_uk_brexit-negotiator_is_struggling_to_make_headway 2018-08-29 15:36:40 UTC
    LONDON (Reuters) - Financial centers outside the European Union would be the benefactors if the European Union sought to punish the City of London as Britain leaves the bloc, Brexit minister Dominic Raab said on Wednesday. Raab told a parliamen...
  • Germany: When U.S. 'Crosses the Line' Europe Must Act
    Germany-_when_u.s._'crosses_the_line'_europe_must_act 2018-08-22 19:01:39 UTC
    BERLIN — In a long column on how Europe should respond to U.S. policy under President Donald Trump, German foreign minister, Heiko Maas, a member of Merkel’s junior Social Democrat coalition partners, called for the creation of a “balanced partner...
  • China slaps additional tariffs of 25 percent on $16 billion US imports
    China_slaps_additional_tariffs_of_25_percent_on__16_billion_us_imports 2018-08-08 17:44:20 UTC
    BEIJING/WASHINGTON (Reuters) - China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese commerce ministry said, as the world’s largest economie...
  • Apple became the first $1 trillion listed US company
    Apple_became_the_first__1_trillion_publicly_listed_us_company 2018-08-02 18:06:54 UTC
    SAN FRANCISCO (Reuters) - Apple became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhou...
  • Plunge in Facebook shares rattled Amazon options market
    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...
  • Hostile rhetoric between Trump and Tehran escalating
    Hostile_rhetoric_between_trump_and_rouhani_escalated 2018-07-23 16:27:09 UTC
    Hostile rhetoric between Washington and Tehran escalated on Sunday after a tit-for-tat between Trump and his Iranian counterpart, Hassan Rouhani. U.S. President Donald Trump told Iran it risked dire consequences “the like of which few throug...
  • Germany and China standing together against US protectionism
    Germany_and_china_standing_together_against_us_protectionism 2018-07-09 21:02:43 UTC
    BERLIN (Reuters) - Germany and China signed a raft of commercial accords worth some 20 billion euros ($23.5 billion) on Monday, with their leaders reiterating commitments to a multilateral global trade order despite a looming trade war with the Un...
  • Poll: 70 percent of Canadians boycott U.S. products
    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...
  • United States completely isolated itself at G7 meeting
    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 ...
  • EU, Canada, Mexico announce retaliatory measures against US products
    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
    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 and Mexico reached agreement on free trade deal
    Eu_and_mexico_reached_agreement_on_a_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...
  • China asks EU to stand together against US protectionism
    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...
  • Trade Conflict Fears To Keep Markets On Edge
    Trade_conflict_fears_to_keep_markets_on_edge 2018-03-30 08:50:53 UTC
    BRUSSELS (Reuters) - A full-scale global trade war has not broken out yet - but that hasn’t stopped the market from fretting about one or analysts from warning about the potential cost. Whether such concerns remain a driving force for asset pri...
  • European Union: It is not clear what Trump wants
    Eu_tells_us_president__you're_wrong_trade_wars_are_'easy_to_lose' 2018-03-23 16:29:14 UTC
    BRUSSELS (Reuters) - The European Union’s trade chief is unsure what Washington wants in return for a permanent EU exemption from steel tariffs but she warned on Friday that she would resist pressure to cut EU duties on U.S. cars. European Trad...
  • Trump sets China tariff plan, Dow plummets 720 points
    Trump_sets_china_tariff_plan__dow_plummets_720_points 2018-03-22 20:30:02 UTC
    WASHINGTON (Reuters) - Global stocks had sold off on Thursday on the expectation of tough action from Trump, with U.S. markets down as much as 2.93 percent, plummets 724.42 points. The Dow and Nasdaq stock indexes had fallen as much as 2 percen...
  • Oil Prices Rose, Lifted by a Weak Dollar
    Oil_prices_rose__lifted_by_a_weak_dollar 2018-03-20 07:11:11 UTC
    SINGAPORE (Reuters) - Oil prices rose by almost 1 percent on Tuesday, lifted by a weak dollar, tensions in the Middle East and concerns of a further fall in Venezuelan output. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $62.59...
  • Trade War: Mexico Rejects U.S. Bid to Split NAFTA
    Trade_war-_mexico_rejects_bid_to_split_nafta 2018-03-06 20:38:08 UTC
    WASHINGTON/MEXICO CITY (Reuters) - Republican lawmakers stepped up calls for President Donald Trump to pull back from proposed tariffs on steel and aluminum imports as key trading partner Mexico rejected a bid by Washington to drive a wedge betwee...
  • Trump's protectionist measures will hurt US economy
    Trump's_protectionist_measures_will_hurt_the_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...
  • The Economic Consequences of Trump's Trade War
    The_economic_consequences_of_trump's_trade_war 2018-03-02 08:37:49 UTC
    SEOUL/SYDNEY (Reuters) - The U.S. oil and gas industry slammed President Donald Trump's plan to impose tariffs on imported steel, saying the move would kill energy jobs by raising costs for big infrastructure projects. Trump’s planned tarif...
  • U.S. consumer prices rose more than expected in January
    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...