Articles

Trump expected to make U.S. move against Iran nuclear deal

WASHINGTON (Reuters) - U.S. President Donald Trump is expected to strike a blow against the 2015 Iran nuclear agreement on Friday in defiance of other world powers, choosing not to certify that Tehran is complying with the deal in a major reversal ...

‘Extraordinary’ for BoE to mull rate hike as economy struggles, BCC says

LONDON (Reuters) - Britain's economy shows little sign of improving on lacklustre growth and it seems "extraordinary" that the Bank of England is considering raising interest rates, the British Chambers of Commerce said on Friday.

Hammond urges party to unite on Brexit, says EU is “the enemy”

LONDON (Reuters) - Chancellor of the Exchequer Philip Hammond sought to quell accusations from within his Conservative Party that he is taking too soft an approach to Brexit and said the European Union represented "the enemy" in the negotiations.

EU mulls Brexit summit gesture, May hints on cash

LUXEMBOURG/BRUSSELS (Reuters) - EU governments wrangled on Friday over a goodwill gesture to Theresa May that some hope might break deadlock in Brexit talks but others fear may let Britain dodge demands for tens of billions of euros.

Allies press Catalan leader to declare full independence, ignore Madrid deadlines

MADRID (Reuters) - Catalan leader Carles Puigdemont came under pressure from one of his key allies on Friday to declare full independence and ignore a threat of direct rule from the Spanish government.

Amazon steps up UK expansion drive with new distribution centre

LONDON (Reuters) - Amazon said on Friday it would open a new distribution centre in Bolton, northwest England, in 2018, stepping up its expansion drive in its third-largest market outside North America.

Myanmar army opens probe amid reports of killings, abuse of Rohingya Muslims

YANGON (Reuters) - Myanmar's military has launched an internal probe into the conduct of soldiers during a counteroffensive that has sent more than half a million Rohingya Muslims fleeing to Bangladesh, many saying they witnessed killings, rape and ...

BASF to harvest seeds, herbicide businesses from Bayer for $7 billion

FRANKFURT (Reuters) - BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros (5.26 billion pounds)in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto .

‘They have to pay’, EU’s Juncker says of Britain

LUXEMBOURG (Reuters) - Britain must commit to paying what it owes to the European Union before talks can begin about a future relationship with the bloc after Brexit, European Commission President Jean-Claude Juncker said on Friday.

FCA says sovereign listing plan in line with government policy

LONDON (Reuters) - The Financial Conduct Authority said its proposals for listing state-controlled companies such as Saudi Aramco were in line with Britain's aim of London remaining a leading financial centre, raising concerns about whether they ...