Britain’s demands for U.S. trade talks set to test special relationship
Britain on Monday unveiled its mandate for trade talks with the United States, with Prime Minister Boris Johnson vowing to drive a hard bargain in negotiations that are set to test the two allies’ “special relationship”.
Oil up as hopes of OPEC cut, stimulus counter virus gloom
Oil prices rose on Monday, reversing an earlier fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.
Nokia replaces CEO with Fortum boss Lundmark to revive 5G business
Nokia has rehired former executive Pekka Lundmark from energy group Fortum to lead the Finnish telecoms company’s efforts to revive its faltering 5G business.
Stocks cling to stimulus hopes, Treasuries slide towards 1%
World stock markets regained a measure of calm on Monday as hopes for a raft of global interest rate cuts to soften the economic blow of the coronavirus steadied nerves and drove U.S. Treasury yields close to 1%.
UK says any system for resolving U.S. investor disputes will be fair
The British government said any system to protect U.S. companies’ interests in the country after a free trade agreement – typically a sensitive issue for civil society groups worried about the power of multinationals – would have to be fair and transpa…
Britain says it will not compromise on food standards in U.S. trade talks
Britain will not lower its regulation around environmental protection, animal welfare and food standards as part of trade talks with the United States, it said in a document setting out its mandate on Monday.
UK to consider opposition to digital tax in pursuit of U.S. trade deal
Britain said on Monday it would consider opposition to its plan to impose a new digital tax on big tech companies like Google, Facebook and Amazon as part of its ambition to agree a free trade deal with the United States.
Britain says health service, drug prices not up for negotiation in U.S. talks
Britain said on Monday that the price its state funded National Health Service (NHS) pays for drugs would not be on the table in trade talks with the United States.
Factbox: What Britain wants from a trade deal with the United States
Britain outlined its negotiating mandate for talks with the United States on Monday, with the hope of reducing tariffs while shielding the public health service and protecting food and animal welfare standards.
UK wants a big U.S. trade deal but health and food standards not up for grabs
Britain said on Monday it will seek to achieve huge gains by removing barriers to trade with the United States in talks for a deal this year but its health service would not be on the table in talks.
