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Analysts’ View: EU progress lifts euro, stocks on the defensive

LONDON (Reuters) – EU leaders reported some progress on Monday after three days of haggling over a coronavirus stimulus plan, sending the euro to a four-month high and Italy’s borrowing costs to lows not seen since March. An attempt to reach a compromise faile... More »

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EU leaders show first signs of compromise on stimulus plan

BRUSSELS (Reuters) – Signs emerged that leaders of northern European Union countries were willing to compromise on a 1.8 trillion euro ($2 trillion) coronavirus stimulus plan on Monday as talks in Brussels extended to a fourth day. Divided and slow to respond ... More »

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Beyond windmills, Epoch’s Van Valen looks for grid improvements

NEW YORK (Reuters) – At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important to judge companies by their spending on less glamorous areas like power lines and grid reliabilit... More »

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Asia-wide trade pact on course despite India, Thailand says

BANGKOK (Reuters) – Asian countries held conclusive talks on what could be the world’s biggest trade pact and there will be an announcement of success at a summit in Bangkok, despite doubts raised by India, the Thai hosts said on Monday. But questions still hu... More »

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India to continue talks on RCEP trade deal: Australian minister

BANGKOK (Reuters) – India is going to continue talks on an Asia-wide trade deal that is being discussed at a summit of regional leaders in Bangkok and which Thailand has said will be signed next year, Australia’s trade minister said on Monday. The comments thr... More »

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Thailand says new Asian trade deal to be signed in 2020

BANGKOK (Reuters) – Thailand said on Sunday that Southeast Asian nations are committed to signing a pact by February 2020 on forging what could become the world’s largest trade bloc, even after new demands by India dealt a blow to the process backed by China. ... More »

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Talks on Asian trade deal ‘conclusive’, Thai minister says

BANGKOK (Reuters) – Talks to agree what could be the world’s biggest trade bloc were conclusive and an announcement on their success will be made later on Monday, Thailand’s commerce minister said on Monday. The prospects of reaching agreement on the 16-nation... More »

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G7 leaders near deal to provide $20 million to tackle Amazon fires

BIARRITZ, France (Reuters) – The leaders of the group of seven nations are close to agreeing a deal to provide $20 million in emergency help to stop the Amazon forest fires, a French presidential source said. “The reality is that for the emergency aid they esp... More »

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Iran has opportunity to come back into nuclear deal: UK’s Johnson

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 »

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No consensus on inviting Russia to G7 next year: Macron

BIARRITZ, France (Reuters) – French President Emmanuel Macron said on Monday G7 leaders had not reached a consensus on inviting Russia to next year’s G7 summit in the United States. Macron added that he and German Chancellor Angela Merkel would organize a summ... More »

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Macron defuses French digital tax row, Trump coy on wine threat

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 »

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Macron says France and U.S. reached digital tax deal

BIARITTZ, France (Reuters) – France and the United States have reached a deal to end a standoff over a French tax on big internet companies, French President Emmanuel Macron said on Monday. U.S. President Donald Trump had threatened to hit back with tariff act... More »

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Lagarde to rely on political skill to overcome shortcomings at ECB

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 »

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EU leaders close in on top jobs deal after marathon talks

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 »

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EU leaders arrive for second day of summit dominated by Brexit

BRUSSELS (Reuters) – European Union leaders arrive in Brussels for a second day of day of talks on Brexit, the euro zone, migration and Russia, among others. Below are some of their comments made on arrival. AUSTRIAN CHANCELLOR SEBASTIAN KURZ “I think it was g... More »

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Highlights: EU leaders arrive for two-day summit dominated by Brexit

BRUSSELS (Reuters) – European Union leaders arrive in Brussels for two days of talks on Brexit, the euro zone, migration and Russia, among others. Below are some of their comments made on arrival. FRENCH PRESIDENT EMMANUEL MACRON “We can have a political discu... More »

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Statement agreed by EU leaders on the euro zone

BRUSSELS (Reuters) – The following is the text agreed on by EU leaders on euro zone economic integration:In line with the Leaders’ Agenda and the outcome of its December 2017 meeting, welcoming national contributions, including the one presented by France and ... More »

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Leaders of two Koreas close first session of summit, break for lunch

SEOUL (Reuters) – North Korean leader Kim Jong Un and South Korean President Moon Jae-in wrapped up the first round of talks on Friday for their countries’ first summit in over a decade, the South’s presidential office said on Friday. Kim and Moon will meet la... More »

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Tokyo fears Trump could link security with trade at summit with Abe

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe could find his oft-touted close ties with Donald Trump sorely tested at a summit this week in which Tokyo fears the U.S. leader will to try to link vital security matters with touchy trade topics. It is a fr... More »

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U.S. seeks to outshine China at Latam summit, without Trump

LIMA/WASHINGTON (Reuters) – Latin American leaders will gather in Lima, Peru, on Friday at a summit the United States hopes to use to counter China’s rising influence in the region, despite U.S. President Donald Trump’s last-minute decision not to attend. The ... More »

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Euro zone leaders give new push to reforms of single currency area

BRUSSELS (Reuters) – Euro zone leaders gave fresh impetus on Friday to reforms to make the bloc more resilient to economic crises, with renewed pledges to complete a banking union and develop a bailout fund after months of delay in the absence of a German gove... More »

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BlackRock`s Fink says bitcoin thrives on its anonymity

Bitcoin, whose value has fluctuated significantly this month, remains a "speculative" investment that thrives because of the cryptocurrency's anonymous nature, BlackRock Inc (BLK.N) Chief Executive Larry Fink said on Monday. More »

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TPP leaders` meeting fails to materialise amid disputes

A planned meeting of leaders of the 11 countries in the Trans Pacific Partnership (TPP) to decide on the fate of the trade pact did not take place on Friday, amid disagreements over how to take it forward without the United States. More »

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Merkel, Macron pledge to lead EU forward post-Brexit

French President Emmanuel Macron won backing from Angela Merkel for plans to reform the European Union after Brexit, founded on what the German chancellor called "intense" cooperation between Paris and Berlin. More »

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McMaster says `of course` Trump supports NATO Article 5

White House national security advisor H.R. McMaster speaks to reporters in the White House briefing room in Washington, U.S., May 16, 2017. REUTERS/Joshua Roberts U.S. National Security Adviser H.R. McMaster said on Saturday that “of course” President Donald T... More »

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Ambition to meet reality as China gathers world for Silk Road summit

A map illustrating China’s silk road economic belt and the 21st century maritime silk road, or the so-called ”One Belt, One Road” megaproject, is displayed at the Asian Financial Forum in Hong Kong, China January 18, 2016. REUTERS/Bobby Yip When leaders of 28 ... More »

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IOC`s Fredericks to remain on IAAF council during probe: Coe

Chairman of London 2012 Sebastian Coe (L) poses for the media with Chairman of the IOC Athletes Commission Frank Fredericks as they lay the last piece of turf on the Olympic Stadium’s field of play, in London, March 29, 2011. REUTERS/Paul Hackett Frank Frederi... More »

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Players` Tribune eyes European expansion

The Players’ Tribune, a website designed to allow athletes to express themselves, is thinking ‘international’ and hoping to become an outlet for English Premier League players and other footballers in Europe. More »

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NHL`s Bettman on Olympics: `Assume we are not going`

Mar 15, 2017- Calgary, Alberta, CAN- NHL commissioner Gary Bettman during an interview prior to the game between the Calgary Flames and the Boston Bruins at Scotiabank Saddledome. Mandatory Credit: Sergei Belski-USA TODAY Sports NHL Commissioner Gary Bettman s... More »

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Bridgestone goes from Olympic rookie to IOC model

FILE PHOTO – The logo of Bridgestone Corp is seen next to its new Playz tyre at the tyre’s unveiling event in Tokyo, Japan, January 8, 2016. REUTERS/Toru Hanai/File Photo Japan’s Bridgestone Corp has gone from a rookie Olympic sponsor to a model for fan partic... 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 »

China launches carbon-tracking satellite into space: Xinhua

People walk in heavy smog during a polluted day in Jinan, Shandong province, China, December 20, 2016. REUTERS/Stringer China launched a satellite to monitor its greenhouse gas emissions early on Thursday, the latest step in efforts to cut its carbon footprint... More »

Top tech executives to attend Trump summit on Wednesday: Recode

Amazon CEO Jeff Bezos addresses the Economic Club of New York in New York City, U.S., October 27, 2016. REUTERS/Brendan McDermid Top executives from Alphabet Inc, Apple Inc and Facebook Inc are among a small group of tech leaders invited to a summit to be held... More »

APEC leaders vow to fight protectionism, look to China on trade

Wearing a Peruvian shawl, U.S President Barack Obama poses for a family photo at the APEC Summit in Lima, Peru November 20, 2016. REUTERS/Kevin Lamarque Pacific Rim leaders vowed on Sunday to fight protectionism and Chinese officials said more countries are lo... More »

Investors bet Trump stimulus will boost U.S. stocks

Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid U.S. voters’ decision to install Donald Trump in the White House may extend the life of the aging, se... More »

Once terrified, hedge fund managers warm to Trump

Steven Einhorn, Vice Chairman of Omega Advisors, Inc., speaks during the Reuters Global Investment Outlook Summit in New York City, NY, U.S. November 14, 2016. REUTERS/Brendan McDermid Bayliss and Lawrence Delevingne More »

Rising rates test resolve of investors who piled into bonds

Dawn Fitzpatrick, global head of equities, multi-asset and the O’Connor hedge fund businesses at UBS Asset Management, speaks during the Reuters Global Investment Outlook Summit in New York City, U.S., November 17, 2016. REUTERS/Brendan McDermid Investors who ... More »

Obama says urges a wait-and-see approach on Trump proposals

U.S. President Barack Obama holds a press conference at the conclusion of the APEC (Asia-Pacific Economic Cooperation) Summit in Lima, Peru November 20, 2016. REUTERS/Mariana Bazo U.S. President Barack Obama on Sunday said that people should take a “wait-and-s... More »

At U.N. climate talks, top officials turn up heat for final week

PARIS A four-year global effort to craft a binding deal to brake rising world temperatures enters an intense home stretch on Monday, with senior officials in Paris stepping up pressure to resolve the most contentious points. U.S. Secretary of State John Kerry,... More »

Negotiators grab head start on monumental climate challenge

PARIS Senior negotiators from almost 200 nations on Sunday began thrashing out a new global deal to curb climate change as the president of China, the world’s biggest polluter, landed in Paris. The United Nations conference begins at summit level on Monday, wh... More »

U.S., China agree to push for climate change deal in Paris

PARIS U.S. President Barack Obama and Chinese counterpart Xi Jinping pledged on Monday to work together to drive forward a climate change agreement at international talks in Paris. Ahead of a bilateral meeting with Xi, Obama said the leadership of the two coun... More »

World leaders to launch bid for climate breakthrough in Paris

PARIS World leaders will launch an ambitious attempt on Monday to hold back the earth’s rising temperatures, urging each other to find common cause in two weeks of bargaining meant to steer the global economy away from dependence on fossil fuels. They arrive a... More »

Obama’s four-summit trip did not always go according to script

KUALA LUMPUR From Turkey to the Philippines to Malaysia, it’s been an overseas trip for U.S. President Barack Obama that often veered off-script. By now, Obama was supposed to have showcased the long-promised benefits of his strategic shift toward Asia as he n... More »

Balkans out-score EU at Vienna diplomacy soccer

VIENNA The European Union might have had a better start, but in the end it was the Balkan countries who brought the game home in this unlikely diplomatic soccer match on Wednesday to kick off the Western Balkan summit in Vienna. Team “FC EU”, made up of Austri... More »