Washington has slapped a 300 percent trade tariff on Bombardier, accusing the Canadian aerospace firm of both receiving state aid and potentially “dumping” its new plane on the U.S. market. The U.S. Department of Commerce (DoC) issued the preliminary ruling last month after Boeing requested action, fearing Bombardier’s C-Series jet could hurt profit levels at […]

Merlin Entertainments, operator of tourist attractions such as Madame Tussauds waxworks, warned on full-year earnings on Tuesday, blaming a dip in trading in its key summer period on a series of attacks in Britain, sending its shares tumbling. The stock fell up to 21 percent after Merlin forecast core earnings for 2017 in the range […]

Hillary Clinton said she will not run for president again but will stay involved in politics and continue to speak out against President Donald Trump. Speaking to BBC Radio 4’s “Woman’s Hour” program in comments aired on Tuesday, Clinton said: “No, I’m not going to run again.” She also said she would continue to oppose […]

A Maltese investigative journalist who exposed the island nation’s links to offshore tax havens through the leaked Panama Papers was killed Monday when a bomb exploded in her car, the prime minister said. Daphne Caruana Galizia, 53, had just driven away from her home in Mosta, a large town on Malta’s main island, when the […]

Britain’s finance minister denied that talks between the U.K. and the European Union were deadlocked and said it was clumsy to call EU negotiators “the enemy.” Philip Hammond told CNBC on Monday that he didn’t think the talks had stalled between the two sides, raising the prospect of “no deal” scenario at the end of […]

European markets are expected to start off slightly higher on Tuesday morning, as investors gear up for the latest in political news coming out of the euro zone. The U.K.’s FTSE 100 is expected to open 7 points higher at 7,534, while the German DAX is set to start on a positive note, up 6 […]

Italy’s Lower House has passed a law that will make it increasingly difficult for anti-establishment party Five Star (M5S) to win in the country’s next round of elections. Lawmakers approved the legislation in a “secret vote” last Thursday. It passed with a large majority — 375 yes votes versus 215 no votes — with the […]

The financial technology sector will continue to thrive in London, even as uncertainty coupled with Brexit continues to weigh on the economy, according to a study. Early Metrics, a global rating agency for start-ups and small to medium-sized enterprises (SMEs), found that the British capital still outranked that of its European peers. Based on analysis […]

German airline Lufthansa has offered 500 million euros ($590 million) to acquire the planes, airport runway slots and air crew of Italy’s ailing national carrier Alitalia, the newspaper Corriere della Sera said on Monday. Citing three anonymous sources, the paper said Lufthansa has also proposed halving Alitalia’s workforce of 12,000 employees and reducing its short- […]

Intensifying tensions between Iraqi and Kurdish forces in the oil-rich region of Kirkuk could prompt a sustained rally in oil prices, an analyst told CNBC on Monday. State TV reported Monday that Iraq’s central government had taken control of some areas in Iraq’s Kirkuk province “without fighting.” However, Kurdish Rudaw TV said Iraqi and Kurdish […]