PARIS (Reuters) – France will back Spanish Economy Minister Nadia Calvino for the presidency of the Eurogroup of euro zone finance ministers, French Finance Minister Bruno Le Maire said on Thursday, a stance echoed by France’s Foreign Minister Jean-Yves Le Dri... More »
BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »
(Reuters) – Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary. In a 3-0 decision, the 9th U.S. Circ... More »
LONDON (Reuters) – Kenyan world record holder Eliud Kipchoge is to make another attempt at breaking two hours for the marathon later this year, probably in Britain, in a project backed by Jim Ratcliffe, the billionaire owner of chemical firm INEOS. Kipchoge ra... More »
BERLIN Reuters) – Facing tough competition from China, the United States and even tiny Luxembourg, Germany is racing to draft new laws and attract private investment to secure a slice of an emerging space market that could be worth $1 trillion a year by the 20... More »
LONDON (Reuters) – The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees. Columna, launched in 2013, was... More »
LUXEMBOURG (Reuters) – Russia, a leading producer of natural resources, plans to join Luxembourg in mining for minerals in outer space, Russian Deputy Prime Minister Tatyana Golikova said on Wednesday. Space mining has been the realm of science fiction, but a ... More »
LONDON (Reuters) – British Prime Minister Theresa May is due to make a decision on Monday on whether to delay a parliamentary vote on her Brexit deal set for Tuesday, British political correspondents said. Britain’s Hunt warns of ‘real risks’ if MPs reject Bre... More »
LUXEMBOURG (Reuters) – The European Union’s top court ruled on Monday that the British government may reverse its decision to leave the bloc without consulting other member states in a decision welcomed by those campaigning to stop Brexit. In an emergency judg... More »
BRUSSELS (Reuters) – EU leaders except Britain are to discuss on Friday Britain’s exit from the European Union and deeper integration of the euro zone after a deal on migration reached in the small hours. [nL8N1TU1MP] Below are the leaders’ comments before the... More »
LONDON (Reuters) – HSBC (HSBA.L) said on Monday it would create a single regional structure for its private bank in Europe which includes its businesses in the UK, Channel Islands, France, Germany, Switzerland and Luxembourg. The new structure, which will be c... More »
LONDON (Reuters) – A satellite company wants to bring reliable internet to airline passengers worldwide. But some investors don’t seem to be buying it. Inmarsat’s mission to bring wi-fi to passenger jets did instill great faith in some fund managers. But compe... More »
FILE PHOTO: The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, February 23, 2018. REUTERS/Staff/Remote LONDON (Reuters) – European shares traded higher on Monday morning with gains across bourses and sectors as focus ... More »
FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo LONDON (Reuters) – Bitcoin fell 9 percent on Friday, leaving the best-known cryptocu... More »
CAPE CANAVERAL, Fla. (Reuters) – A SpaceX Falcon 9 rocket blasted off from Florida on Wednesday carrying into orbit a Luxembourg-made communications satellite designed in part to expand NATO’s surveillance reach and its capability to deter cyber attacks on all... More »
FILE PHOTO – A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. REUTERS/Nacho Doce SAO PAULO (Reuters) – Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a maj... More »
FILE PHOTO: A logo is seen on the roof of the ArcelorMittal steelworks headquarters in Ostrava, Czech Republic, April 1, 2016. REUTERS/David W Cerny/File Photo ROME (Reuters) – Steelmaker ArcelorMittal has told commissioners running Italy’s Ilva plant that it ... More »
FILE PHOTO: A logo of Siemens is pictured on a building in Mexico City, Mexico, May 16, 2017. REUTERS/Edgard Garrido/File Photo FRANKFURT (Reuters) – Siemens said it has agreed to buy Luxembourg-based Fast Track Diagnostics to boost its molecular-testing offer... More »
FILE PHOTO – The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France on February 20, 2017. REUTERS/Pascal Rossignol/File Photo BRUSSELS (Reuters) – Luxembourg is challenging a European Union order to recover about 250 mill... More »
British Pound Sterling banknotes are seen in a counter machine at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger TOKYO (Reuters) – Sterling rose while the euro edged down on Friday, as traders wa... More »
A woman walks in strong wind caused by Typhoon Lan, past an electronic board showing the graphs of the recent movements of Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato SYDNEY (Reuters) – The U.S. dollar bounc... More »
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 14, 2017. REUTERS/Francois Lenoir BRUSSELS (Reuters) – European Union finance ministers will decide on Tuesday on the composition of an EU blacklist of tax havens tha... More »
FILE PHOTO – Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem arrives at Eurozone finance ministers meeting in Brussels, Belgium July 10, 2017. REUTERS/Francois Lenoir/File Photo BRUSSELS (Reuters) – Finance ministers from Latvia, Luxembourg,... More »
A general view shows the aerial subway and the city rooftops in Paris February 24, 2015. REUTERS/Gonzalo Fuentes PARIS/LONDON (Reuters) – The surprise decision to move the European Banking Authority to Paris will boost its chances of attracting London banks af... More »
The European Central Bank should scrap plans for industry-wide rules to force banks to clean up bad loans, the head of the European Parliament's influential economic affairs committee said on Friday, as lawmakers dug in their heels in a dispute. More »
European Union lawmakers called on Friday for stricter EU supervision of Malta's application of the bloc's rules on money laundering and basic rights, stepping up pressure after the assassination of an investigative journalist on the island. More »
NATO buyer nations for the European A400M military transport plane have postponed a ministerial meeting on the troubled program for three months until February, said two sources familiar with the 20 billion euro project. More »
Bitcoin dropped below $7,000 on Friday to trade more than 5 percent down on the day, having fallen by well over $1,000 since hitting an all-time high on Wednesday. More »
FILE PHOTO – French Finance Minister Bruno Le Maire attends a news conference about a report on French economy at the Bercy Finance ministry in Paris, France, September 14, 2017. REUTERS/Philippe Wojazer BERLIN/PARIS (Reuters) – French Finance Minister Bruno L... More »
French Finance Minister Bruno Le Maire will meet German officials in Berlin this week to discuss the future of the euro zone and assess his own prospects of becoming the next chairman of the Eurogroup forum of finance ministers. More »
U.S. Senator Bob Corker, the Republican chairman of the Senate Foreign Relations Committee, urged President Donald Trump's administration on Monday to work closely with European allies as it develops its new Iran policy. More »
The European Central Bank is concerned about the use of virtual currencies because it is unclear who the issuer is and who guarantees them, ECB Executive Board member Yves Mersch said on Friday. More »
Spanish Prime Minister Mariano Rajoy said in a newspaper interview that Spain would not be divided, a week after Catalonia held a referendum that authorities there say showed voters overwhelmingly support independence. More »
The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc (AAPL.O), a move labeled as "regrettable" by Dublin. More »
Denmark's business minister was meeting financial technology firms in London on Friday as part of a two-day drive to lure them from Britain after Brexit. More »
Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. More »
German carmaker Audi is taking a lead in bringing more automated driving to roads, but rivals seem in no rush to follow while legal and regulatory uncertainties still cloud the technology. More »
European Commission chief Jean-Claude Juncker urged European Union governments on Wednesday to use economic recovery and Brexit as springboards toward a closer union, built on an expanded euro zone and a pivotal role in world trade. More »
London remains the globe's most attractive financial center, extending its lead over New York despite Britain's looming departure from the European Union, a survey found on Monday. More »
Europe's regulators are competing to hire risk specialists to prepare for an influx of banks escaping Brexit, nudging up salaries and stretching staff budgets. More »
Tennis – Wimbledon – London, Britain – July 11, 2017 Great Britain’s Andy Murray during a practice session The rain is expected to ease off in time for men’s quarter-final action at Wimbledon on Wednesday but even if it does not defending champion Andy Murray ... More »
FILE PHOTO – Legend Holdings chairman Liu Chuanzhi attends a news conference on the company’s annual results in Hong Kong, China March 30, 2016. China’s Legend Holdings Corp is in talks on a potential investment in Qatari-owned Banque Internationale a Luxembou... More »
Tennis – Wimbledon – London, Britain – July 9, 2017 Great Britain’s Andy Murray with coach Ivan Lendl during a practice session REUTERS/Tony O’Brien Eight-time grand slam champion Ivan Lendl says it is the ability to deal with distractions and overcome obstacl... More »
Cycling – The 104th Tour de France cycling race – The 212.5-km Stage 3 from Verviers, Belgium to Longwy, France – July 3, 2017 – Bora-Hansgrohe rider Peter Sagan of Slovakia is escorted to the podium after his stage win. REUTERS/Benoit Tessier World champion P... More »
U.S. President Donald Trump walks from Maine One as he returns to the White House in Washington, U.S., June 16, 2017. REUTERS/Joshua Roberts President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to... More »
Greek Prime Minister Alexis Tsipras attends a cabinet meeting at the parliament in Athens, Greece June 13, 2017. REUTERS/Costas Baltas Greek Prime Minister Alexis Tsipras has said he is optimistic that a deal paving the way for new loans for Greece will be rea... More »
U.S. First lady Melania Trump (L) walks with Amelie Derbaudrenghien, partner of Belgian’s Prime Minister Charles Michel, at the Brussels Airport in Brussels, Belgium, May 24, 2017. REUTERS/Hannah McKay As her reality TV star husband meets many of his Western a... More »
A recycled SpaceX Falcon 9 rocket soars toward space above a Virgin Airlines passenger jet, which had just departed Orlando International Airport, in Orlando, Florida, March 30, 2017. The launch marked the first time ever that a rocket was reused for spaceflig... More »
An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions invo... More »
Mar 14, 2017- Indian Wells, CA, USA- Roger Federer (SUI) hits a volley as he defeated Steve Johnson (not pictured)7-6, 7-6 in the BNP Paribas Open at the Indian Wells Tennis Garden. Jayne Kamin-Oncea-USA TODAY Sports Roger Federer and Rafa Nadal powered to thi... More »
FILE PHOTO: A monument to Karl Marx stands above his remains at the Highgate Cemetary in North London February 24. May 5 marks the 180th anniversary of the birth of Marx in Trier, Germany./CLH/File Photo The German city of Trier has decided to accept a towerin... More »
European Council President Donald Tusk (Bottom, C) chairs a European Union leaders’ summit in Brussels, Belgium March 10, 2017. REUTERS/Francois Lenoir Jan Bartunek and Waverly Colville More »
The Dutch fishing village of Volendam hardly seems like a hotbed of discontent: tidy, prosperous, little crime or unemployment. Yet a third of its voters are likely to back anti-immigrant nationalist Geert Wilders in the March 15 general election. More »
A waiter walks past an Airbus A400M military transport plane is parked at the Airbus assembly plant during an event in the Andalusian capital of Seville, southern Spain, December 1, 2016. REUTERS/Marcelo del Pozo Airbus (AIR.PA) called for new talks with Europ... More »
Norwegian Prime Minister Erna Solberg, attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 18, 2017. REUTERS/Ruben Sprich Norway has joined an international initiative to raise millions of dollars to replace shortfalls l... More »
A doorman looks out as workers walk in the rain past the Lloyd’s of London building in the City of London, Britain, January 7, 2016. REUTERS/Toby Melville Lloyd’s of London [SOLYD.UL], home for much of the world’s insurance trade, has finally called “last orde... More »
A Swiss flag is pictured in front of the Federal Palace (Bundeshaus) is pictured in Bern, Switzerland, January 16, 2017. Picture taken on January 16, 2017. REUTERS/Denis Balibouse U.S. medical implant maker Zimmer Biomet’s (ZBH.N) decision on a potential $40 m... More »
A giant poster of Tintin is seen inside the Centre Pompidou modern art museum in Paris December 19, 2006. REUTERS/Benoit Tessier/File Photo Belgian comic-strip hero Tintin helped popularize the 1950s Space Race with his iconic cartoon rocket- seven decades on ... More »
The headquarters of the European Central Bank (ECB) are pictured in Frankfurt, Germany, September 8, 2016. REUTERS/Ralph Orlowski/File Photo A European Central Bank push to iron out differences in how banks calculate capital requirements will inadvertently hel... More »
Pedestrians walk past the headquarters of the European Central Bank (ECB) in Frankfurt, Germany September 8, 2016. REUTERS/Ralph Orlowski The euro zone housing market is on its best run since the global financial crisis but prices on average are still only in ... More »
A man passes a trade exhibition stand at the Careers and Jobs Live careers fair at the ExCeL centre in London April 19, 2009. REUTERS/Luke MacGregor Euro zone unemployment was 10.0 percent in September, unchanged from a downward revised 10.0 percent in August ... More »
Bain, Apollo and Lone Star have been shortlisted in the sale of building materials maker Xella, a potential 2 billion euro ($2.18 billion) deal, according to several people close to the transaction. More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem gestures during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir A reform of global banking rules should focus on lenders’ internal models... More »
Greek and EU flags flutter at an open air kiosk in Athens, Greece, June 22, 2015. REUTERS/Yannis Behrakis Euro zone finance ministers are likely to approve on Monday the disbursement of much or all of the money from the 2.8 billion euro ($3.14 billion) tranche... More »
Euro coins are seen in front of a displayed Greece flag in this picture illustration, June 29, 2015. REUTERS/Dado Ruvic/File Photo Euro zone finance ministers gave Greece a positive review of its reforms on Monday but divided up the latest tranche of aid to At... More »
Yves Mersch, Member of the Executive Board of the European Central Bank presents an oversized newly unveiled 10 euro note at the headquarters of the European Central Bank (ECB) in Frankfurt, January 13, 2014. REUTERS/Ralph Orlowski European regulators must tel... More »
An explosion on the launch site of a SpaceX Falcon 9 rocket is shown in Cape Canaveral, Florida, U.S. September 1, 2016. Courtesy of Twitter.com/Kris N./Handout via REUTERS SpaceX is aiming to resume flights in November following a launch pad fire that destroy... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem reacts during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Multinational companies should refrain from tax-avoidance practices and pay... More »
An explosion on the launch site of a SpaceX Falcon 9 rocket is shown in this still image from video in Cape Canaveral, Florida, U.S. September 1, 2016. U.S. Launch Report/Handout via REUTERS SpaceX said on Friday it would shift Florida flights to a nearly comp... More »
An explosion on the launch site of a SpaceX Falcon 9 rocket is shown in this still image from video in Cape Canaveral, Florida, U.S. September 1, 2016. U.S. Launch Report/Handout via REUTERS An explosion destroyed a Falcon 9 rocket belonging to Elon Musk’s Spa... More »
The recovered first stage of a SpaceX Falcon 9 rocket is transported to the SpaceX hangar at launch pad 39A at the Kennedy Space Center in Cape Canaveral, Florida May 14, 2016. REUTERS/Joe Skipper/File Photo Elon Musk’s SpaceX has signed its first customer to ... More »
Slovenian Primoz Roglic won the Chianti Classic individual time trial that formed the ninth stage of the Giro d’Italia on Sunday, while Italian Gianluca Brambilla held on to the leader’s pink jersey. Roglic, from the Lotto-NL team, clocked 51 minutes 45 second... More »
MILAN Three late 15th century paintings missing since they were looted by Nazi troops from a Tuscan villa over 70 years ago have been recovered and two people have been accused of receiving stolen goods, police announced on Monday. The works, of religious them... More »
BERN/GENEVA Banking watchdogs across Europe have begun checking whether lenders have ties to a massive document leak from Panama that showed how offshore companies are used to stash clients’ wealth. Switzerland’s financial watchdog FINMA said on Thursday that ... More »
World number one Novak Djokovic survived a stern test from qualifier Bjorn Fratangelo to make the third round of the BNP Paribas Open on Sunday, with Spaniard Rafa Nadal also needing three sets to advance from a tricky opening clash. American Fratangelo, the w... More »
CAPE CANAVERAL, Fla. At the last second, Elon Musk’s SpaceX scrubbed plans to launch a Falcon 9 rocket on Sunday, again delaying an attempt to put an satellite into orbit and then land the vehicle’s first stage intact on a sea platform, a step that may eventua... More »
PORT CANAVERAL, Fla. Satellite operator SES SA is interested in buying a used Falcon 9 rocket from Elon Musk’s Space Exploration Technologies, or SpaceX, for a future launch, the chief technology officer for SES said on Tuesday. “SES would have no problem in f... More »
BRUSSELS Greece is likely to qualify for recapitalization funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday. The euro zone bailout fund has... More »
Companies and organizations are pledging to provide funds, goods and services to help thousands of migrants arriving in Europe from war-torn and impoverished countries. Companies are helping through both corporate and employee schemes. Following are some examp... More »
FRANKFURT European broadcaster RTL will focus on buying online businesses and content producers as it seeks to build itself into a video powerhouse that goes beyond traditional broadcast, its finance chief told Reuters on Thursday. RTL has TV and radio channel... More »
NEW YORK Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday. The change was made effective May 1, a company spokesma... More »
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