OUR NEWS

December 2, 2019

The World Trade Organization has found the EU has failed to withdraw all subsidies to planemaker Airbus, (AIR.PA) three people familiar with the matter said, a decision likely to permit the United States to maintain tariffs on European goods.

A new compliance report, to be published on Monday at 4 p.m. in Geneva (1500 GMT), found that the Airbus A350 jetliner continues to be subsidized as a result of earlier government loans, they sa...

November 22, 2019

Tesla Inc (TSLA.O) on Thursday unveiled its first pickup truck, delivering on a promise by Chief Executive Elon Musk to build an electric version of America’s favourite vehicle and one that threatens the heart of Detroit automakers’ profits.

At a launch event in Los Angeles, Tesla Chief Executive Elon Musk said the truck, which looked liked a futuristic armored vehicle, will have a starting price of $39,900 and a maximum range of 500...

November 15, 2019

It may be possible to negotiate a new free-trade deal between Britain and the European Union by the end of next year if it does not diverge significantly from current trading terms, Irish Prime Minister Leo Varadkar said on Friday.

“In terms of negotiating a trade agreement before December 2020, I think that is difficult but not impossible” if Britain ratifies its EU withdrawal agreement by its current Jan. 31 deadline, Varadkar told...

November 13, 2019

Germany could still decide to rule out Chinese telecom equipment vendor Huawei Technologies from the construction of the country's fifth-generation data network (5G) due to security concerns, the defence minister has said.

Annegret Kramp-Karrenbauer told a cyber security conference on Tuesday that it was important to minimise any risks.


The German government is currently trying to shape the 5G security criteria in a way that would pr...

November 8, 2019

 French President Emmanuel Macron has decided to scrap a 3 billion euro ($3.32 billion) shopping and leisure complex project that French retail group Auchan and Chinese conglomerate Dalian Wanda planned to build just outside Paris, the Elysee Palace said on Thursday.

The “EuropaCity” project, which was to be located between the Roissy-Charles de Gaulle and Paris-Le Bourget airports north of Paris, included features such as a circus a...

November 4, 2019

British lawmakers will elect a new Speaker on Monday to take on the role of refereeing the next parliamentary instalment of the country’s protracted struggle over Brexit.

In the three years since Britain voted to leave the European Union, the Speaker has played an increasingly influential role in the process of debating the rights and wrongs of Brexit and passing the laws needed to implement it.

The Speaker is the arbiter of procedura...

November 4, 2019

Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles.

According to the document, due to be discussed at a meeting of high-level government and car-company officials on Monday evening, grants for plug-in hybrids will rise from 3,000 to 4,500 e...

October 28, 2019

LONDON/BRUSSELS (Reuters) - The European Union agreed a three-month flexible delay on Monday to Britain’s exit from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an extension he had vowed never to ask for.


Just days before the United Kingdom is formally due to leave the EU on Oct. 31 at 2300 GMT, Brexit is hanging in the balance, with British politicians no closer to reaching a...

October 28, 2019

U.S. President Donald Trump said on Monday he expected to sign a significant part of the trade deal with China ahead of schedule but did not elaborate on the timing.


“We are looking probably to be ahead of schedule to sign a very big portion of the China deal, we’ll call it Phase One but it’s a very big portion,” he told reporters at Joint Base Andrews before leaving on a visit to Chicago.

Leaders of the world’s two biggest economies...

October 28, 2019

LONDON (Reuters) - The British government is still to decide whether to grant China’s Huawei Technologies access to the UK’s future 5G telecoms network, a spokesman for Prime Minister Boris Johnson said on Monday.

The spokesman said a decision would come in due course.

The Sunday Times reported that Britain is moving towards a decision that will see Huawei allowed access to “non-contentious” parts of the network, potentially opening a...

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