LONDON – Britain’s top Brexit official says the U.K. will be able to strike new trade deals outside the European Union as soon as it leaves the bloc next year — even though it will remain bound to EU customs and market rules for some two years after 2019. Continue […]
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Fire at hospital kills 39, injures scores in South Korea
A fire spread flames and smoke through a South Korean hospital Friday morning, killing at least 39 people, mainly from suffocation, and injuring nearly 130 others in one of the country’s deadliest blazes in years. The dead included three hospital staff and several people in an intensive-care unit for respiratory […]
Trump to tell Davos he won’t tolerate trade abuses, IP theft
U.S. President Donald Trump arrives. REUTERS/Denis Balibouse January 26, 2018 By Steve Holland DAVOS, Switzerland (Reuters) – U.S. President Donald Trump will urge a top-level gathering of political leaders and chief executives on Friday that his administration will not tolerate intellectual property theft and trade abuses, a senior U.S. official […]
Leaders promise swift end to Germany’s four-month limbo
Germany’s Social Democratic Party (SPD) leader Martin Schulz and SPD parliamentary group leader Andrea Nahles attend a parliamentary group meeting in Berlin, Germany, January 22, 2018. REUTERS/Hannibal Hanschke January 26, 2018 By Thomas Escritt BERLIN (Reuters) – German Chancellor Angela Merkel’s conservatives opened coalition talks with their Social Democrat (SPD) […]
Exclusive: Despite sanctions, North Korea exported coal to South and Japan via Russia – intelligence sources
North Korean leader Kim Jong Un gives field guidance at the Pyongyang Pharmaceutical Factory, in this undated photo released by North Korea’s Korean Central News Agency (KCNA) in Pyongyang January 25, 2018. KCNA / via REUTERS January 26, 2018 By Guy Faulconbridge, Jonathan Saul and Polina Nikolskaya PARIS/LONDON/MOSCOW (Reuters) – […]
Trump says he knows “nothing about” anti-Islam group he retweeted
DAVOS — U.S. President Donald Trump has apologized for the first time for retweeting a British far-right group’s videos apparently showing Islamist violence, in an ITV interview aired in Britain on Friday. “If you’re telling me they’re horrible racist people, I would certainly apologize if you’d like me to do […]
Trump is changing the mood on tax in Europe, says Ireland’s finance chief
Leaders of major economies like President Donald Trump are making the case for lower corporate taxes and Europe should pay attention, Irish Finance Minister Paschal Donohoe told CNBC at the World Economic Forum on Friday. Asked if he believed Trump was setting an example on tax policy, Donohoe was positive. […]
US Treasury official urges regulation of crypto currencies
TOKYO – A senior U.S. Treasury official touring Asia has urged banks and financial regulators in the region and elsewhere to do more to tighten oversight of booming trading in bitcoin and other crypto currencies. Continue Reading Below Sigal Mandelker, the Treasury undersecretary for terrorism and financial intelligence, said Friday […]
Davos elites await Trump’s ‘America First’ message
President Donald Trump is expected to deliver an “American First” message when he speaks at the World Economic Forum (WEF) on Friday. Trump has been meeting business executives and other world leaders during his two-day stay in the Swiss Alps. His presence at the Forum will culminate with the speech […]
Ikea sees ‘massive opportunities’ with artificial intelligence and virtual reality
Sweden’s flatpack furniture giant is exploring how to make the best use of artificial intelligence (AI) and virtual reality. Speaking at the World Economic Forum (WEF) in Davos on Thursday, Jesper Brodin, CEO of Ikea, told CNBC: “(What) we haven’t been able to do before is to find easier ways […]