Fed’s Powell: Years of strong jobs, low inflation still ahead
Federal Reserve Chairman Jerome Powell said on Tuesday he sees the United States on track for years more of steady growth, but was challenged in a congressional hearing by senators worried the Trump administration’s trade policies were already damaging…
Eurofighter buy would help Belgium secure role in future fighter: BAE
Belgium is being offered a possible role in future European combat jet developments if it picks the Eurofighter Typhoon over the U.S.-built F-35, in a fierce contest to rearm the country’s air force, a senior official with Britain’s BAE Systems said.
Ryanair cancels 1 percent of flights on Friday as strike crisis deepens
Ryanair plans to cancel only 1 percent of its flights during a strike by Ireland-based pilots on Friday, but Europe’s largest low-cost airline is bracing for far wider industrial action across five countries next week.
UK PM May suffers parliament defeat over plans to leave European medicines network
Prime Minister Theresa May suffered an embarrassing defeat on a trade law that means ministers must now seek to secure an agreement that allows Britain to have continued participation in the European medicines regulatory framework.
UK PM May defeats rebels over plans to remain in EU customs union
British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on Tuesday, fending off a rebellion that threatened to worsen a crisis over her Brexit strategy.
U.S. judge questions scope of indictment against Insys founder
A federal judge on Tuesday expressed concern about the scope of an indictment against several former Insys Therapeutics Inc executives accused of bribing doctors to prescribe an opioid and suggested U.S. prosecutors streamline the case to avoid its di…
UK’s May offers trade bill compromise but rebels vow to fight on
Britain’s government cannot accept a plan put forward by pro-European Union rebels in parliament that could see Britain stay in the bloc’s customs union, junior trade minister George Hollingbery told parliament on Tuesday.
UK Brexit amendments won’t change Ireland’s position: PM Varadkar
British Prime Minister Theresa May’s decision on Monday to accept the demands of hardline Brexit campaigners will not change Ireland’s negotiating position on Britain’s exit from the EU, Irish Prime Minister Leo Varadkar said on Tuesday.
Dollar strengthens after Fed chair remarks, global stocks higher
The U.S. dollar rose on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world stocks climbed as a heavy week of corporate earnings also kicked into gear.
Wall Street gains on Powell comments, J&J results; Netflix drags
U.S. stock indexes rose on Tuesday after Federal Reserve Chairman Jerome Powell gave a robust view of the U.S. economy and strong earnings from healthcare giant Johnson & Johnson reinforced expectations of a solid earnings season.
