Britain funds export of CSeries jets in aftermath of trade row
(Reuters) – Britain has thrown financial support for the first time behind exports of Bombardier CSeries jets part-built by Northern Ireland workers caught up in a recent trade row.
France signs deals worth $16 billion in India; to deepen defense, security ties
PARIS/NEW DELHI (Reuters) – French and Indian companies signed contracts worth 13 billion euros ($16 billion) on the first day of President Emmanuel Macron’s visit to India on Saturday, the French presidency said in a statement.
EU, Japan start push for exemptions from Trump tariffs
BRUSSELS (Reuters) – The European Union and Japan urged the United States on Saturday to grant them exemptions from metal import tariffs, with Tokyo calling for “calm-headed behavior” in a dispute that threatens to spiral into a trade war.
Post-bailout credit line for Greece probably not needed: rescue fund head
ATHENS (Reuters) – Greece will probably not need a precautionary credit line after its bailout ends in August if the country sticks to reforms, the head of Europe’s rescue fund said in an interview released on Saturday.
Court rules Latvian bank ABLV may keep Luxembourg branch
LUXEMBOURG (Reuters) – Latvia’s ABLV Bank, accused by U.S. authorities of large-scale money laundering, will be allowed to look for new investors for its Luxembourg branch after a court there ruled against forced liquidation by EU authorities, the bank…
China steel exports may fall further in 2018: top executive
BEIJING (Reuters) – Chinese exports of steel products may continue to fall this year due to strong domestic demand and reductions in capacity due to environmental commitments, the chairman of state-owned mill Fujian Sangang Group Co Ltd said.
Trade war between U.S. and Europe can still be avoided: Germany
BERLIN (Reuters) – A trade war between Europe and the United States can still be averted, German Economy Minister Brigitte Zypries said on Saturday, adding she hoped that talks in Brussels this weekend could help to prevent an escalation.
U.S. Justice Department, AT&T spar over merger in final pre-trial documents
WASHINGTON (Reuters) – The U.S. Justice Department and AT&T Inc on Friday presented starkly different futures for online video if the wireless and pay-TV giant is allowed to buy Time Warner Inc, as they laid out their cases for a blockbuster antitrust trial.
U.S. has ordered Broadcom to give notice of steps to redomicile
(Reuters) – A U.S. national security panel has ordered Singapore-based chipmaker Broadcom to provide it with five business days’ notice before taking any action toward redomiciling to the United States, a regulatory filing this week revealed.
Best Buy CEO says turnaround done, room to compete with Amazon
NEW YORK (Reuters) – Best Buy Co Inc has completed a five-year turnaround and is ready to compete with market leader Amazon.com Inc to prove U.S. retail is not a “winner takes all” situation, Chief Executive Hubert Joly told Reuters on Friday.
