Finance

  • France, Germany to Sign Arms Exports Pact
    Merkel_and_macron_seeking_a_joint_proposal_on_eu_reforms 2019-09-20 01:36:58 UTC
    PARIS (Reuters) - France and Germany said on Thursday they were close to an agreement on how to remove obstacles to exporting weapons manufactured in joint programs, after French firms called for easing German export restrictions. German curbs on arms exports to non-European Union or non-NATO ...

  • US, UK Seek Quick Post-Brexit Trade Deal
    Uk%e2%80%99s_johnson_threatens_to_withhold__50_billion_brexit_payment 2019-08-13 18:20:56 UTC
    LONDON (Reuters) - Britain and the United States are discussing a partial trade accord that could take effect on Nov. 1, the day after Britain is due to leave the European Union, a senior Trump administration official said on Tuesday. The official also said visiting U.S. national security advi...

  • US will "Enthusiastically Support a No-Deal Brexit"
    John_bolton_-_us_will_enthusiastically_support_a_no-deal_brexit 2019-08-12 19:04:58 UTC
    LONDON (Reuters) - The United States would enthusiastically support a no-deal Brexit if that is what the British government decided to do, U.S. national security adviser John Bolton said on Monday during a visit to London aimed at reassuring Britain over UK-U.S. ties. Bolton told British Prime...

  • No-Deal Brexit Would Cause Severe Damage to UK
    No-deal_brexit_would_cause_severe_damage_to_uk 2019-07-29 03:42:16 UTC
    A no-deal Brexit would cause “severe” damage to UK businesses, according to the Confederation of British Industry (CBI). Carolyn Fairbairn, director general of the lobby group, told BBC that quitting the EU without an agreement should be an option “that is not even considered”. Claims that fir...

  • Euro Hits Three-Month High Against US Dollar
    Euro_jumps_to_three-_week_high_against_the_dollar 2019-06-24 04:00:44 UTC
    TOKYO (Reuters) - The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in ...

  • US Weekly Jobless Claims Rise; Imported Inflation Weak
    Us_job_openings_continue_to_tighten_amid_a_scarcity_of_qualified_workers 2019-06-13 18:19:18 UTC
    WASHINGTON (Reuters) - The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May. Other data on Thursday showed import prices fell by the most in f...

  • UK’s Johnson Threatens to Withhold $50 Billion Brexit Payment
    Uk%e2%80%99s_johnson_threatens_to_withhold__50_billion_brexit_payment 2019-06-09 01:46:56 UTC
    (Reuters) - Boris Johnson, the leading candidate to succeed Theresa May as Britain’s next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms. The EU has repeatedly said it will not re...

  • EU to Create a System to Get Around US Block on WTO
    China_and_us_tussle_at_wto_over_legality_of_trump_tariffs 2019-06-06 20:49:33 UTC
    BERLIN/GENEVA (Reuters) - The European Union is set to propose creating a shadow system to get around a U.S. block on appeals in disputes at the World Trade Organization (WTO), according to a draft proposal circulated to national lawmakers. U.S. President Donald Trump is blocking appointments ...

  • Still Unclear How, When or If UK Will Ever Indeed Quit EU
    Still_unclear_how__when_or_if_uk_will_ever_indeed_quit_eu 2019-04-02 20:57:13 UTC
    LONDON (Reuters) - Prime Minister Theresa May said on Tuesday she would seek another Brexit delay to agree an EU divorce deal with the opposition Labour leader, a last-ditch gambit to break an impasse over Britain’s departure that enraged many in her party. Nearly three years since the United ...

  • Brexit: EU Prepares For a 'No-Deal' Scenario
    Brexit-_eu_prepares_for_a_'no-deal'_scenario 2019-03-29 20:39:59 UTC
    Theresa May's exit deal failed by 58 votes, and April 12 beckons as a new exit date for the UK out of the EU. More indicative votes are on the table, as the EU prepares for a 'no-deal' scenario. LONDON (Reuters) - Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on ...

  • U.S. Judge Approves Bankruptcy Loan for PG&E
    Us_utility_company_pg_e_is_exploring_filing_for_bankruptcy 2019-03-27 18:31:51 UTC
    SAN FRANCISCO (Reuters) - Bankrupt California power provider PG&E Corp won court approval on Wednesday for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes. San Francisco-based PG&E filed for Chapter...

  • EU: Italy Poses A Threat to Other Euro Zone Countries
    Eu-_italy_poses_a_threat_to_other_euro_zone_countries 2019-02-27 20:27:14 UTC
    BRUSSELS (Reuters) - Italy is facing excessive economic imbalances and the policies of its government are making matters worse, posing a threat to other euro zone countries, the European Commission said on Wednesday. However, the EU executive arm, whose job is to analyze the economic performan...

  • UK Government Considers Another Brexit Vote
    Brexit 2019-03-27 17:58:22 UTC
    LONDON, March 27 (Reuters) - Britain’s government will file a motion to allow parliament to sit on Friday as the government considers bringing another vote in parliament on its Brexit divorce deal, Brexit minister Stephen Barclay said on Wednesday. “The government will later today table a moti...

  • Brexit: EU To Prepare For Worst Variant
    Brexit-_eu_to_prepare_for_worst_variant 2019-01-16 04:37:26 UTC
    BRUSSELS (Reuters) - European Union leaders expressed dismay and regret on Tuesday after the British parliament rejected a Brexit divorce deal, saying they were stepping up emergency planning and warned London was running out of time. The EU’s chief executive, the European Parliament Brexit ne...

  • France's Yellow Vest Protests Enter 8th Week
    France's_yellow_vest_protests_enter_8th_week 2019-01-06 03:25:12 UTC
    PARIS (Reuters) - Rioters in Paris torched motorbikes and set barricades ablaze on the upmarket Boulevard Saint Germain on Saturday, as protests against high living costs and the perceived indifference of President Emmanuel Macron turned violent on the fringes. The latest “yellow vest” marches...

  • Britain Will Be Worse Off In Any Scenario Outside The EU: Brexit
    Desperate_to_leave_eu-_only_34_percent_reject_another_referendum_on_brexit 2018-11-28 20:47:57 UTC
    LONDON (AFP) — Britain will be economically worse off in any scenario outside the EU, the government said Wednesday, as the Bank of England warned that a no-deal Brexit would trigger a financial crisis. The government's plans for post-Brexit ties with the European Union would still cost the ec...

  • Brexit: EU to break a deadlock over the Irish border
    Eu_to_break_a_deadlock_over_the_irish_border 2018-10-22 17:03:04 UTC
    BRUSSELS (Reuters) - European Union negotiators are looking at ways to promise Britain a customs deal that could stretch Brussels’ Brexit red lines but might break a deadlock over the Irish border, EU sources close to the talks have told Reuters. Accounts of how British and EU negotiators came...

  • 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 divorce from the bloc. A flurry of diplomatic meet...

  • 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 parliamentary committee he did not believe the EU would try...

  • 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 partnership” with the US in which the Europeans filled th...

  • Iran: We made a "mistake" negotiating with US over nuke
    Iran-_we_made_a_%22mistake%22_negotiating_with_us_over_nuke 2018-08-15 18:16:14 UTC
    (Reuters) - Iranian Supreme Leader Ayatollah Ali Khamenei has admitted he made a mistake in allowing the country’s foreign minister to speak to his U.S. counterpart during negotiations that led to a 2015 international nuclear agreement. International sanctions on Iran were lifted when the pact...

  • EU raises concerns over new US move on Iran
    Eu_raises_concerns_over_new_us_move_on_iran 2018-08-06 17:59:19 UTC
    WASHINGTON (Reuters) - The Trump administration expects economic sanctions that it is re-imposing on Iran this week to further cripple the Iranian economy and will aggressively enforce the measures, senior U.S. administration officials said on Monday. But the U.S. sanctions strategy has severa...

  • Americans fleecing their savings and piling up debt
    Americans_fleecing_their_savings_and_piling_up_debt 2018-07-23 17:42:08 UTC
    REUTERS — Despite roaring job growth and consumer spending, the U.S. economy is bolstered in large part by the poorer half of Americans fleecing their savings and piling up debt. A Reuters analysis of U.S. household data shows that the bottom 60 percent of income-earners have accounted for mos...

  • EU to protect oil exports & firms from US sanctions on Iran
    Eu_to_protect_oil_exports_and_firms_from_us_sanctions_on_iran 2018-07-17 21:13:17 UTC
    The Iran nuclear agreement marked its third anniversary in a gloomy state. Despite repeated attempts to keep him on board, US President Donald Trump withdrew the United States from the deal – signed on July 14, 2015 under the formal title the Joint Comprehensive Plan of Action (JCPOA) – and there...

  • Ireland to Boycott Israeli 'Occupied Territories' Goods
    Ireland_to_boycott_israeli_'occupied_territories'_goods 2018-07-15 20:23:57 UTC
    DUBLIN — On July 12, the Irish Senate, known as the Seanad Éireann, passed a bill to prohibit the import and sale of goods, services, and natural resources, originating from “illegal settlements in occupied [Palestinian] territories.” The ban would only apply to products sold and made in territor...