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Europe’s north-south lockdown divide revealed by Google data

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 »

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Amazon.com defeats IRS appeal in U.S. tax dispute

(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 »

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Kipchoge to make new sub-two hour marathon attempt this year

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 »

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Fly me to the moon: Germany eyes slice of lucrative space market

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 »

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Collapsed hedge fund Columna sues Permira-backed former managers

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 »

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Russia wants to join Luxembourg in space mining

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 »

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UK’s May deciding whether to delay parliament Brexit vote:…

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 »

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EU court ruling boosts Brexit opponents

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 »

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HSBC sets out new structure for private bank in Europe

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 »

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Rocket science: will Inmarsat’s wi-fi in the sky pay off?

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 »

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Bitcoin slides further, headed for worst week since 2013

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 »

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SpaceX rocket launches Luxembourg satellite for NATO

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 »

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Wal-Mart shops Brazil unit stake to Advent, other funds: sources

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 »

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Siemens buys Fast Track Diagnostics to boost molecular offering

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 »

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Luxembourg challenges EU order to recover tax from Amazon

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 »

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Sterling rises, euro edges down as Brexit deal may be near

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 »

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Dollar gains on U.S. tax cut progress- Brexit deal eyed

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 »

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EU states set to haggle over blacklist of 20 tax havens

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 »

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Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair

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 »

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Paris watchdog win bolsters its fight for Brexit banks

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 »

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Top EU lawmaker tells ECB to drop bad loans plan

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 »

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France’s Le Maire heads to Berlin to test Eurogroup waters

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 »

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France`s Le Maire heads to Berlin to test Eurogroup waters

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 »

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Key Republican says Trump must work with Europe on Iran

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 »

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EU takes Ireland to court for not claiming Apple tax windfall

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 »

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Reuters surveys UK financial services jobs post-Brexit

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 »

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Juncker: grab Brexit chance to forge a tighter EU

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 »

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Roof protects Murray and Federer from lingering rain

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 »

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Top players can deal with problems better, says coach Lendl

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 »

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Cycling – Sagan kicked out of Tour, injured Cavendish withdraws

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 »

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Republicans debating remedies for corporate tax avoidance

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 »

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Greek PM hopeful that deal will be reached at Eurogroup meeting

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 »

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Forget Trump White House, Belgium shows Melania the surreal

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 »

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SpaceX successfully launches first recycled rocket booster

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 »

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Amazon.com wins $1.5 billion tax dispute over IRS

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 »

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Nadal, Federer set up California clash with wins

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 »

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Marx`s German birthplace to accept controversial Chinese statue

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 »

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EU leaders grope for unity as Britain walks out

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 »

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Airbus seeks new talks with European nations over A400M costs

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 »

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Lloyd`s of London calls time on employees` lunch-time pint

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 »

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Swiss vote on multinational tax perks in February referendum

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 »

Destination Moon? Belgium joins the space race

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 »

Euro zone house prices keep rising but no bubble yet: ECB

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 »

Euro zone unemployment at 10.0 percent in September

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 »

No hard limit to Basel hike of capital rules: Dijsselbloem

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 »

SpaceX aims to resume launches in November, president says

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 »

SpaceX to shift Florida launches to new pad after explosion

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 »

Rocket explodes on launch pad in blow to Elon Musk’s SpaceX

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 »

SpaceX signs first customer for used Falcon rocket

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 »

Roglic wins Giro time trial, Brambilla keeps lead

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 »

Italian police recover Nazi-looted paintings in Milan

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 »

Djokovic and Nadal tested in Indian Wells, Serena strolls

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 »

Musk’s SpaceX rocket launch canceled at final countdown

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 »

Satellite operator SES says interested in used SpaceX rocket

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 »

Factbox: Companies, organizations offer help for migrants

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 »

RTL to focus on digital, content in acquisitions

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 »