After backlash, Trump U-turns on UK health service in trade talks
U.S. President Donald Trump backtracked on comments that Britain’s public health service should be on the table in future post-Brexit trade talks between the two countries, after Prime Minister Theresa May said some areas might be off-limits.
Trump says Britain’s health service not on table for trade talks
U.S. President Donald Trump rowed back comments that Britain’s health service could be involved in any future trade deal on Tuesday, after his remark that everything was on the table in talks sparked controversy in Britain.
Former French Justice minister Dati probed over fees paid by Renault-Nissan
Former French Justice Minister Rachida Dati is being probed over consulting fees she has received from the Renault-Nissan strategic partnership, France’s financial prosecutor office said on Tuesday.
Global stocks rally on U.S. rate-cut hopes, bond yields rise
Global stock indexes rallied on Tuesday and U.S. stocks registered their biggest one-day gains in five months as Federal Reserve Chairman Jerome Powell seemed to open the door to the possibility of a rate cut, while yields on U.S. Treasuries rose.
IKEA teams up with Ori on robotic furniture to help you save space
IKEA has teamed up with U.S startup Ori for the development of a robotic piece of furniture aimed at helping people make more efficient use of tiny living spaces.
U.S.-Mexico talks on Wednesday to be held around 3 or 4 p.m: official
Talks at the White House on Wednesday with Mexican leaders will be held around 3 or 4 p.m., a U.S. administration official said, speaking on condition of anonymity.
Wall Street soars on U.S. rate cut hopes
Wall Street’s three major indexes rallied on Tuesday to clock their biggest one-day gains in five months after Federal Reserve Chair Jerome Powell left the door open for a possible rate cut.
FCA-Renault deal talks navigate French political hurdles
Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters, as talks on the $35 billion tie-up plan progressed towards a possible agreement on Wednesday.
As U.S. tariff deadline on Mexican goods looms, Pence to host talks on Wednesday
U.S. Vice President Mike Pence will host Mexican leaders at the White House on Wednesday for talks aimed at pressuring authorities to clamp down on migrants heading for the southern U.S. border, a White House spokesman said on Tuesday.
Trump trade war may push Fed closer to rate cut it resisted
U.S. President Donald Trump may finally get the rate cut he has been demanding, but for the wrong reasons, as top Federal Reserve officials began warning this week that the global trade war may force them to respond.