EU antitrust regulator stresses fair rules as Germany, France call for overhaul

BRUSSELS (Reuters) – Europe’s future must be based on fair competition rules, EU antitrust regulators said on Monday, after Germany and France reiterated calls for a speedy overhaul of the bloc’s rules to help EU companies better compete with U.S. and Chinese rivals. French Finance Minister Bruno Le Maire, German Economy Minister Peter Altmaier, Italian Industry Minister Stefano Patuanelli and […]

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Britain seeking far-reaching tariff cuts in post Brexit U.S. trade deal

LONDON, Feb 6 (Reuters) – Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements. “The FTA (Free Trade Agreement) will secure comprehensive, far-reaching and mutually beneficial tariff reductions – taking into account […]

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Irish PM says EU, Britain not that far away on trade deal

DUBLIN, Jan 31 (Reuters) – The European Union and Britain are further apart in rhetoric than substance as they begin future trade talks, Irish Prime Minister Leo Varadkar said ahead of Britain’s departure from the bloc on Friday. “I am confident we can get a good deal. The good news is that I don’t think the two parties – the […]

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U.S. State Department bars NPR reporter from Pompeo's upcoming trip after testy interview

WASHINGTON (Reuters) – The U.S. State Department removed a National Public Radio reporter from the press pool for Secretary of State Mike Pompeo’s upcoming trip to Europe and Central Asia, the State Department Correspondents’ Association said on Monday, days after Pompeo angrily responded to another NPR journalist’s interview with him. The removal of NPR reporter Michele Kelemen, who was part […]

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S&P revises UK outlook to stable after strong election mandate

Dec 17 (Reuters) – Ratings agency Standard & Poor’s said on Tuesday it revised Britain’s outlook to stable from negative as it expects a reduced risk for a potential no-deal Brexit after the government’s strong election victory. “The stable outlook reflects offsetting risks to the UK’s creditworthiness,” the agency said, also maintaining its sovereign credit ratings for the country at […]

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UPDATE 1-UK's Johnson, Trump look forward to ambitious trade agreement – Downing Street

(Adds UK Finance Minister) LONDON, Dec 16 (Reuters) – British Prime Minister Boris Johnson and U.S. President Donald Trump said they looked forward to continued close cooperation and the negotiation of an “ambitious free trade agreement” during a phone call on Monday, Johnson’s Downing Street office said. “The prime minister spoke with President Trump, who congratulated him on the result […]

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Facebook, privacy activist Schrems battle nears end on Dec. 19

BRUSSELS (Reuters) – Austrian privacy activist Max Schrems’ seven-year battle against Facebook reaches a crucial point on Dec. 17 when an adviser to Europe’s top court will issue his view on whether tools used by companies to transfer data abroad are legal or not. At stake are standard contractual clauses used by Facebook and hundreds of thousands of companies, ranging […]

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