President Donald Trump said Saturday that Russia’s Vladimir Putin again denied interfering in the 2016 U.S. elections. But Trump declined to say whether he believed the Russian leader. “He says he didn’t meddle. I asked him again. You can only ask so many times,” Trump told reporters aboard Air Force One on the trip to […]
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EU gives the UK a 2-week deadline for the next stage of Brexit talks
The EU’s Brexit negotiator has pressed the U.K. once again to move fast with its negotiations to leave the bloc. Michel Barnier told reporters in Brussels Friday that the U.K. needs to clarify its position in the next two weeks in other to kick off trade talks in December. The EU and the U.K. concluded […]
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OPEC and Russian officials have called on some of the world’s leading oil producers, both inside and outside the cartel, to form a consensus and back a supply curb until the end of 2018. OPEC is widely expected to defer an announcement regarding an extension to cuts at its next policy meeting in November. However, […]
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Uber suffers another setback in the UK as it loses employment tribunal over drivers' rights
This is breaking new story, please check back later more. Uber has long argued that its drivers are self-employed rather than workers at the firm. The employment tribunal’s decision is not only a challenge for Uber’s business in Britain, but for the so-called “gig economy” as a whole. On Thursday, Sean Nesbitt, partner at Taylor […]
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Former Lebanese leader not under house arrest in Saudi Arabia, French foreign minister says
France‘s foreign minister said on Friday he believed that former Lebanese Prime Minister Saad al-Hariri was not under house arrest in Saudi Arabia and did not have any particular constraints on his movements. “As far as we know, yes. We think he is free of his movements and it’s important he makes his own choices,” […]
Read moreEuropean stocks are expected to open mixed Friday morning, as investors continued to monitor corporate earnings. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 3 points higher at 7,487, while the German DAX is set to start on a negative note, down 8 points at 13,190, and the French CAC […]
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European politicians ‘need to be courageous’ to catch up with China on tech, investor says
Politicians in Europe need to make courageous steps on policy and regulation to push the continent’s tech industry closer to that of China’s, a venture capitalist said Thursday. Klaus Hommels, founder and CEO of Lakestar, said that China’s tech giants have benefited from a regulatory environment in a way that Europe’s have not. “I think […]
Read moreGreece’s primary surplus is likely to rise to 3.9 percent of GDP, beating a target of 3.5 percent, next year when the country is to exit the latest euro zone bailout programme and return to market financing, the European Commission forecast on Thursday. In a regular forecast for all European Union economies, the Commission said […]
Read morePresident Donald Trump and his Russian counterpart Vladimir Putin will likely meet on the sidelines of an economic summit in Vietnam Friday, according to a Kremlin spokesperson. “Right now the time of the meeting is being agreed,” presidential aide, Yuri Ushakov, told reporters Thursday, according to Russian news agencies. Trump and Putin are both expected […]
Read moreGerman sportswear firm Adidas posted another strong quarter of sales and profit growth Thursday, driven by expansion in China and North America, where it has been taking market share from archrival Nike. Here are the key third-quarter metrics: Net profit: 526 million euros ($610 million) vs. 512 million euros expected, according to Thomson Reuters Sales: […]
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