BIARRITZ, France (Reuters) – Iran has an opportunity to come back into compliance with the nuclear deal and resume dialogue about its nuclear activities, British Prime Minister Boris Johnson said on Monday. U.S. President Donald Trump said earlier he would mee... More »
BIARRITZ, France (Reuters) – France and the United States reached a deal to end a standoff over a French tax on big internet companies, though U.S. President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a resul... More »
BERLIN (Reuters) – Germany’s cartel office said on Monday it would appeal a regional court decision to suspend restrictions it had placed on Facebook’s data collection practices to the country’s highest court. A court in Duesseldorf had earlier suspended a Feb... More »
LONDON (Reuters) – Global equity markets rose on Monday on signs that major economies would look to prop up stalling growth with fresh stimulus measures, easing pressure on bonds and dampening demand for perceived safe-havens such as gold. Hopes of government ... More »
DUBAI (Reuters) – An Iranian tanker sailed through the Mediterranean toward Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any at U.S. move to seize the vessel again would have “heavy consequences”. The Grace 1, renam... More »
HONG KONG (Reuters) – Hong Kong is gearing up for further protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes. Sunday’s massiv... More »
LONDON (Reuters) – Britain’s parliament needs to be recalled immediately to discuss Brexit, the opposition Labour Party’s finance spokesman John McDonnell said on Monday, after leaked official documents forecast possible food, fuel, and medicine shortages. Bri... More »
LONDON (Reuters) – Britain’s opposition Labour Party leader Jeremy Corbyn will meet with other British political leaders next week to discuss tactics to prevent a no-deal Brexit, Corbyn’s second-in-command John McDonnell told the BBC on Monday. “He’ll bring th... More »
LONDON (Reuters) – The euro steadied on Monday after suffering its biggest weekly drop in nearly two months as risk appetite gradually returned to global markets after a week of turmoil. With hopes of fiscal stimulus from Germany growing and steps by China ove... More »
ROME (Reuters) – Italy’s ruling League party would seek tax cuts in the 2020 budget by raising the country’s deficit a little bit, its economics spokesman said on Monday. League chief Matteo Salvini pulled the plug last week on its coalition government with th... More »
DUBAI (Reuters) – Iran has warned the United States against any new attempt to seize an Iranian oil tanker in open seas after it left Gibraltar, the Iranian Foreign Ministry spokesman said on state television on Monday. The Iranian tanker caught in a standoff ... More »
MOSCOW (Reuters) – Radiation levels in the Russian city of Severodvinsk rose by up to 16 times on Aug. 8 after an accident that authorities said involved a rocket test on a sea platform, Russia’s state weather agency said on Tuesday, the TASS news agency repor... More »
BRUSSELS (Reuters) – As the Oct. 31 deadline for Britain to leave the European Union approaches, health professionals are warning that shortages of some medicines could worsen in Europe in the event of a no-deal Brexit. Britain’s food and drink lobby warned la... More »
MOSCOW (Reuters) – A Tesla Model 3 electric car caught fire after crashing into a parked tow truck on a Moscow motorway late on Saturday, with the Tesla driver saying he had failed to see the vehicle with which he collided. Asked in a video published on REN TV... More »
LONDON (Reuters) – Precious metal funds recorded the fourth-largest inflows ever in the week to Wednesday and investment-grade funds sucked in money, Bank of America Merrill Lynch said on Friday, as rising trade tensions and global growth concerns prompted a d... More »
MADRID (Reuters) – American actor Richard Gere on Friday visited 121 migrants stranded for the past week on a rescue ship in the Mediterranean, as the European Union’s executive urged member countries to show solidarity in finding a solution. Arriving on a boa... More »
ATHENS (Reuters) – Greek sculptor Takis, whose kinetic artworks were admired at major art museums around the world in a career spanning over 70 years, died on Friday at the age of 93, his foundation said. Takis, whose real name was Panagiotis Vassilakis, used ... More »
SOFIA (Reuters) – Bulgarian Prime Minister Boyko Borissov said the Balkan state’s government will compensate owners who voluntarily cull their domestic pigs, as the country works to stamp out an outbreak of the highly contagious African swine fever. Almost 130... More »
SOFIA (Reuters) – Bulgaria’s veterinary authorities said on Friday they would cull 8,253 pigs after detecting an outbreak of African swine fever at a breeding farm in the northeast of the country, the sixth industrial farm in the Balkan nation to be hit by the... More »
VIENNA (Reuters) – An emergency meeting with parties to Iran’s 2015 nuclear deal was constructive but there are unresolved issues and Tehran will continue to reduce its nuclear commitments if Europeans fail to salvage the pact, Iranian official Abbas Araqchi s... More »
LONDON (Reuters) – Global shares eased on Monday and the dollar hit a two-month high against a basket of currencies as markets counted down to a likely cut in U.S. interest rates this week, with much riding on whether the Federal Reserve signals yet more are t... More »
LONDON (Reuters) – Britain is turbo-charging its no-deal Brexit preparations and will be ready to leave the European Union with or without a deal on Oct. 31, Foreign Secretary Dominic Raab said on Monday. Raab, an avowed Brexiteer, said the “undemocratic” Iris... More »
LONDON (Reuters) – Britain warned the European Union on Monday it needed to change its ‘stubborn’ position on Brexit if a no-deal exit was to be avoided. Foreign Secretary Dominic Raab said he wanted a deal but the EU had to change its position. “We want a goo... More »
LONDON (Reuters) – When Belarusian President Alexander Lukashenko met entrepreneur Viktor Prokopenya in March 2017, their discussion was scheduled to last for an hour but went on for three times that long. The meeting, Prokopenya said, ended with Lukashenko as... More »
WASHINGTON/PARIS (Reuters) – U.S. President Donald Trump threatened to tax French wines on Friday in retaliation for France’s recent proposal to levy a tax aimed at big U.S. technology companies. Trump had told French President Emmanuel Macron last week that h... More »
PARIS (Reuters) – Finance Minister Bruno Le Maire said on Saturday that France would proceed with taxing revenues of big technology firms and urged the United States not to bring trade tariffs into the debate on how to fairly raise levies on digital services. ... More »
LONDON (Reuters) – Dangling helplessly from a zip-wire while waving British Union Jack flags, Boris Johnson and his attempt to publicize a party in one of London’s parks became one of the most memorable non-sporting moments of the 2012 Olympic Games. “It’s goi... More »
LONDON (Reuters) – Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares toward an 18-month high and steering the Aussie dollar and copper upwards. Investors were waiting for a torrent of second-quarte... More »
BRUSSELS (Reuters) – European foreign ministers will seek to flesh out how to convince Iran and the United States to reduce tensions and initiate a dialogue when they meet in Brussels on Monday amid fears that the 2015 nuclear deal is close to collapse. U.S.-I... More »
BRUSSELS (Reuters) – British Foreign Secretary Jeremy Hunt said on Monday that there was still time to save the Iran nuclear deal and that despite the United States being Britain’s closest ally it disagreed on how to handle the Iran crisis. “Iran is still a go... More »
LONDON (Reuters) – Britain’s major banks have seen a growing number of business customers delay decisions on investments and borrowing in recent weeks, as the probability of a disorderly exit from the European Union inches higher. Britain’s banks have largely ... More »
MOSCOW (Reuters) – Russia’s Federal Service for Military-Technical Cooperation confirmed on Friday it had started delivering S-400 missile defense systems to Turkey and that the deliveries would continue as per an agreed schedule, the RIA news agency reported.... More »
BRUSSELS (Reuters) – The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc. In its quarterly economic forecasts, the European Union’s executive ar... More »
BRUSSELS (Reuters) – Croatia has submitted a formal bid to join the European Exchange Rate Mechanism (ERM-2), an early stage on the path to membership of the euro currency, the head of the Eurogroup of euro zone finance ministers said on Monday. The move could... More »
GENEVA (Reuters) – Britain’s seizing of an Iranian oil tanker last week was a threatening act that will not be tolerated, Iran’s Defence Minister Amir Hatami said on Monday in a speech broadcast live on state television. Royal Marines impounded the tanker in G... More »
SOFIA (Reuters) – Bulgaria has confirmed a new case of African swine fever among backyard pigs in the village of Novachene near the town of Pleven in the north of the country, the national food safety agency said on Friday. Bulgaria already reported two cases ... More »
JERUSALEM (Reuters) – The ancient Philistines, the Biblical villains whose origins have puzzled scholars for decades, came to the Middle East from southern Europe more than 3,000 years ago, new DNA testing has shown. The genetic findings came from skeletons un... More »
FRANKFURT (Reuters) – A shrewd negotiator who has run the IMF but has little monetary policy experience, Christine Lagarde will face the challenge as the European Central Bank’s new chief of having to revive the euro zone economy with a largely depleted policy... More »
LONDON/SYDNEY (Reuters) – Stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks, leading investors to pare wagers on aggressive policy easing by the major central banks. The dollar firmed on the safe-haven ye... More »
BRUSSELS (Reuters) – European Union leaders are close to picking Dutch socialist Frans Timmermans to head the European Commission, two diplomats said on Monday, after an uninterrupted 18 hours of talks during which the bloc’s political families vied for influe... More »
FRANKFURT (Reuters) – Euro zone lending growth held steady in May while a broader money supply indicator, which often foreshadows future activity, grew faster than expected, data showed on Monday, easing pressure on the European Central Bank to provide more st... More »
PARIS (Reuters) – International tensions over trade could have a positive outcome for agriculture by reviving efforts to reform the most ineffective of policies that distribute hundreds of billions of dollars to farmers each year, the OECD said. Nearly 70% of ... More »
LONDON (Reuters) – The dollar and offshore Chinese yuan rallied on Monday after the United States and China agreed to restart their troubled trade talks, while the Japanese yen and Swiss franc were the big casualties as investors sold safe-haven currencies. Wh... More »
OSAKA (Reuters) – The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing. Chi... More »
SOFIA (Reuters) – Bulgaria hopes to join the precursor to euro zone membership, the ERM-2 exchange rate mechanism before year-end, Finance Minister Vladislav Goranov said on Wednesday, pushing back Sofia’s initial target of joining this summer. The Balkan coun... More »
FRANKFURT (Reuters) – Profitability across the euro zone bank sector is low and weakening growth could further dampen the sector’s prospects, European Central Bank Vice President Luis de Guindos said on Tuesday. Negative ECB rates are not the cause of the weak... More »
MILAN (Reuters) – A controversial plan for Italy to issue so-called mini-bills to settle overdue state payments is opening cracks within the country’s ruling League party, after a prominent party official on Sunday dismissed it as “unrealistic.” Mini-bills, or... More »
LONDON (Reuters) – Jeremy Hunt, one of the two candidates vying to replace British Prime Minister Theresa May, said on Monday that rival Boris Johnson was a coward for avoiding public head-to-head debates on what to do about Brexit. “On the question of debates... More »
LONDON (Reuters) – The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit. The gr... More »
LONDON (Reuters) – Iranian foreign ministry spokesman said on Monday the U.S. Middle East peace plan that is set to be presented at an international conference in Bahrain this week is “shameful” and “doomed to failure”. “This conference and the sale of Palesti... More »
LONDON (Reuters) – Iran on Monday described its shooting down of a U.S. drone in the Gulf last week as a “firm response” to the United States and warned it could be repeated. “Everyone saw the downing of the unmanned drone,” navy commander Rear Admiral Hossein... More »
LONDON (Reuters) – Iran’s foreign ministry spokesman said on Monday Tehran welcomes any defusion of tensions in the GUlf region following weeks of deteriorating relations with Washington. “We welcome defusion of tensions in the region. We do not want rise of t... More »
LONDON (Reuters) – The frontrunner to be Britain’s next prime minister, Boris Johnson, came under renewed pressure on Sunday to explain the circumstances of a late-night row between him and girlfriend that led to the police being called to their home. Polls co... More »
LONDON (Reuters) – In August 2018, Spanish authorities uncovered a plot by anti-Brexit campaigners to assassinate leading Brexiteer and now favorite to be Britain’s next prime minister, Boris Johnson. Or did they? That story and others like it were created by ... More »
ATHENS (Reuters) – Greece’s Acropolis Museum opened an excavation site underneath its modern building on Friday, allowing visitors for the first time to walk through an ancient Athenian neighbourhood that survived from the Classical era to Byzantine times. The... More »
LONDON (Reuters) – The dollar weakened against its rivals on Tuesday, heading back towards a recent three-month low before a U.S. central bank meeting gets underway with expectations growing the Fed will signal its first rate cut in a decade. A CME Fedwatch to... More »
BEIJING (Reuters) – The Chinese government’s top diplomat warned on Tuesday that the world should not open a “Pandora’s Box” in the Middle East, as he denounced U.S. pressure on Iran and called on it not to drop out of a landmark nuclear deal. Fears of a confr... More »
LONDON (Reuters) – Boris Johnson got a boost in his campaign to replace British Prime Minister Theresa May on Monday when one of his former rivals and EU supporter Matt Hancock backed him saying he was almost certain to win the contest. Johnson, a former Londo... More »
(Reuters) – British finance minister Philip Hammond is “prepared to resign” over Prime Minister Theresa May’s legacy spending plans, ITV said on Tuesday, citing the Press Association. Senior government sources told the Press Association that tension between of... More »
BARCELONA (Reuters) – The Spanish government has violated the rights of three Catalan leaders elected to the European Parliament by blocking them from collecting their credentials, 76 MEPs said in a letter sent to the governing body of the European legislature... More »
MOSCOW (Reuters) – The Kremlin said on Monday that Iran had so far faithfully stuck to internationally-agreed curbs on uranium enrichment and that Moscow was unaware of any statement suggesting that Tehran intended to stop doing so. Iran said earlier on Monday... More »
PARIS (Reuters) – A next-generation drone being developed by several European nations must be price competitive or the project designed to project European unity and strength in an increasingly uncertain world will flounder, France’s defense minister warned on... More »
BUDAPEST (Reuters) – The head of Hungary’s oldest scientific institute said it was considering taking legal action to challenge government moves to take more control over research work and budgets. The nationalist administration of Prime Minister Viktor Orban ... More »
HONG KONG (Reuters) – Riot police surrounded Hong Kong’s parliament on Monday after authorities said they would go ahead with a proposed extradition law, which would allow suspects to be sent to mainland China, despite protests from an estimated crowd of more ... More »
HONG KONG (Reuters) – Hong Kong was plunged into a fresh political crisis on Sunday night after more than half a million people took to the streets to thwart a proposed extradition law that would allow suspects to be sent to mainland China to face trial. Organ... More »
MILAN (Reuters) – Italy’s ruling parties could expose the nation to market shocks and put its savings at risk if they were not ready to compromise with the European Union over their budget plans, Prime Minister Giuseppe Conte told Corriere della Sera newspaper... More »
SEOUL (Reuters) – South Korea and Britain have agreed in principle to sign a separate free trade deal ahead of Britain’s exit from the European Union in late October, South Korea’s trade ministry said on Monday. The deal would help South Korea minimize trade u... More »
(Reuters) – The head of the European Central Bank, Mario Draghi, steps down at the end of October and the 19 euro zone countries are now looking for his replacement. The shortlists of likely candidates are almost exclusively male. It is one of several top jobs... More »
ROME (Reuters) – Italy’s prime minister and economy minister have formed an unofficial alliance with the president to prevent the euro zone’s third-largest economy being dragged into financial crisis by its ruling parties, sources say. Prime Minister Giuseppe ... More »
ROME (Reuters) – Italian Prime Minister Giuseppe Conte will present an ultimatum to fractious ruling parties on Monday to speed up government action or face his resignation, Italian newspapers La Repubblica and Il Corriere della sera reported. Conte will make ... More »
HONG KONG (Reuters) – Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out m... More »
BUDAPEST (Reuters) – Hungary is preparing legislation to strip the Hungarian Academy of Sciences of its research network, giving the government more control over scientific activity, the news website index.hu reported on Tuesday. Hungary’s oldest and largest a... More »
BRUSSELS (Reuters) – The results of the European parliamentary election are likely to lead to less ambitious euro zone integration plans and set Italy up for more clashes with the European Commission over its fiscal policy, euro zone officials said on Monday. ... More »
WARSAW (Reuters) – Poland’s ruling Law and Justice party (PiS) came out ahead in Sunday’s European Parliament vote, seen as a test of the party’s nationalist, euroskeptic platform before a national election later in the year. The results calculated by the stat... More »
BRUSSELS (Reuters) – Parties committed to strengthening the European Union held on to two-thirds of seats in the EU parliament, official projections from the bloc’s elections showed on Sunday, though far-right and nationalist opponents saw strong gains. France... More »
SOUTHAMPTON, England (Reuters) – Nigel Farage’s Brexit Party stormed to victory in a European election, riding a wave of anger at the failure of Prime Minister Theresa May to take the United Kingdom out of the European Union. A European Parliament election tha... More »
SOUTHAMPTON, England (Reuters) – Nigel Farage demanded a seat at Brexit negotiations on Monday after his new party swept to victory in the United Kingdom’s European Parliament election, warning that he would turn British politics upside down if denied. Farage,... More »
NEW YORK (Reuters) – The U.S. dollar held near a one-month high on Wednesday after minutes from the May Federal Open Market Committee meeting showed officials agreed that their current patient approach to setting monetary policy could remain in place “for some... More »
PHNOM PENH (Reuters) – Cambodia’s royal oxen predicted a plentiful harvest of rice, the country’s biggest crop, at an ancient plowing ceremony on Wednesday. King Norodom Sihamoni presided over the televised annual ritual in which two oxen are given offerings a... More »
LONDON (Reuters) – The Australian dollar surged on Monday and is on track for its biggest rise this year as investors cheered a shock election win by Prime Minister Scott Morrison’s conservative coalition, though mixed global stocks broadly weighed on risk app... More »
BEIJING (Reuters) – Cases of European firms forced to transfer technology in China are increasing despite Beijing saying the problem does not exist, a European business lobby said, adding that its outlook on the country’s regulatory environment is “bleak”. Chi... More »
MILAN (Reuters) – League’s loyalty to Italian coalition partner M5S is unreasonable and can’t last for ever, cabinet secretary Giancarlo Giorgetti said on Monday. “Faced with the 5Stars movement’s reiterated attacks, (Italian Deputy Prime Minister and League l... More »
LONDON (Reuters) – China’s yuan was set for its worst daily fall in nine months on Monday as trade negotiations between the U.S. and China ended after President Donald Trump raised tariffs on Chinese goods. Currency moves in response to the latest trade hostil... More »
LONDON (Reuters) – British Prime Minister Theresa May’s Conservatives have fallen to fifth place in an opinion poll ahead of the May 23 European parliamentary election as pressure grows for her to set a date for her own departure. Nigel Farage’s Brexit Party w... More »
LONDON (Reuters) – Britain’s economy risks damage if Brexit is delayed beyond its latest Oct. 31 deadline because companies would continue to hold back on investment, Bank of England deputy governor Ben Broadbent was quoted as saying on Monday. “It’s pretty cl... More »
WASHINGTON (Reuters) – President Donald Trump said on Sunday that the United States is “right where we want to be with China,” adding that Beijing “broke the deal with us” and then sought to renegotiate. “We will be taking in Tens of Billions of Dollars in Tar... More »
BRUSSELS (Reuters) – The European Union fully supports the international nuclear accord with Iran and wants rival powers to avoid any further escalation over the issue, EU foreign policy chief Federica Mogherini said on Monday. “We will continue to support it ... More »
FRANKFURT (Reuters) – European Trade Commissioner Cecilia Malmstroem expects U.S. President Donald Trump to delay a May 18 deadline for U.S. tariffs on cars imported from the European union, according to an interview published in the Sueddeutsche newspaper on ... More »
LONDON (Reuters) – The Chinese yuan was set for its biggest drop in 10 months on Monday after U.S. President Donald Trump threatened to raise tariffs on China while perceived safe-haven currencies such as the yen surged amid a broad-based rout for risky assets... More »
PARIS (Reuters) – IKEA plans to invest 400 million euros ($448 million)in France over the next three years as it builds up its new city center stores in the country, IKEA France’s chief executive Walter Kadnar said on Monday. Kadnar unveiled the plans as IKEA ... More »
CHICAGO (Reuters) – U.S. President Donald Trump said on Sunday he would raise tariffs to 25 percent from 10 percent on $200 billion of Chinese goods. The United States has levied tariffs on a total of $250 billion of Chinese imports, global steel and aluminum ... More »
BEVERLY HILLS (Reuters) – Europe, long a major destination of investor capital, is losing luster, say prominent bankers and asset managers, who are reducing exposure to the area because of concerns about issues ranging from Brexit to France’s “yellow vest” pro... More »
WARSAW (Reuters) – Around 1,000 people, many eating bananas to make their point, protested in front of Warsaw’s National Museum on Monday over a decision last week to remove artworks deemed “indecent” by the museum’s director. One work, a 1973 video “Consumer ... More »
FRANKFURT (Reuters) – A new round of tariffs between the United States and its main partners would only cause a “modest decrease” in the pace of economic growth in the euro zone, according to research by the European Central Bank. The study simulated a two-way... More »
PARIS (Reuters) – Bill Murray fighting off zombies and an Elton John biopic tracking the singer’s early days will be among the highlights at this year’s Cannes Film Festival, though Quentin Tarantino’s hotly-anticipated latest outing looked set to miss out. Un... More »
WASHINGTON (Reuters) – An internal European Central Bank model indicates the euro zone’s economic growth could slow further in the second quarter, suggesting the projected recovery may be delayed even further, two sources familiar with the discussion said on F... More »
WASHINGTON (Reuters) – Greece is looking to strike a deal this weekend to repay early about half of the loans it received from the International Monetary Fund, in a bid to lower the euro zone member’s burden of debt servicing, a senior official said on Friday.... More »
MILAN (Reuters) – Italy’s biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries. UniCred... More »
LONDON (Reuters) – After months of grueling political perma-crisis, Brexit is taking its toll on the British political establishment – not least the small patch of grass opposite parliament that has become a makeshift home to the world’s media. Parliamentary a... More »
(Reuters) – Italian-U.S. carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric carmaker Tesla Inc hundreds of millions of euros to allow Tesla vehicles to be counted in its fleet to avoid fines for violating new European Union emission rules. ... More »
