China to penalise $60 billion of U.S. imports in tit-for-tat move

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WASHINGTON/BEIJING (Reuters) – China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion (46 billion pounds) of U.S. products to its import tariff list in retaliation for President Donald Trump’s planned levies on $200 billion worth of Chinese goods. The tit-for-tat measures are the latest escalation in
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Britain, EU are close to achieving orderly Brexit deal – May

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BERLIN (Reuters) – The United Kingdom and the European Union are close to agreeing an orderly Brexit, British Prime Minister Theresa May wrote in a German newspaper on Wednesday, urging the European Commission to evolve its position for the sake of a deal. FILE PHOTO – Britain’s Prime Minister Theresa May makes a speech at
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EU to step up legal battle with Britain over import scam

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BRUSSELS (Reuters) – The European Commission is expected to step up a legal battle on Wednesday against Britain to recover 2.7 billion euros (2.43 billion pounds) in lost revenues due to an import scam, two European officials told Reuters on Tuesday. European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 20,
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EU probes VW, BMW, Daimler over alleged emissions collusion

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BRUSSELS (Reuters) – EU antitrust regulators are investigating whether BMW (BMWG.DE), Daimler (DAIGn.DE) and Volkswagen (VOWG_p.DE) colluded to restrict the rollout of clean emission technology, a move that could lead to hefty fines for the German carmakers. The logo of BMW is seen on an engine of a Junkers Ju-52 airplane of JU-AIR airline at
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U.S. Senate Judiciary to probe Kavanaugh, accuser in public hearing

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WASHINGTON (Reuters) – U.S. Supreme Court nominee Brett Kavanaugh and the woman who accused him of a 1982 sexual assault will be called to testify in the Senate next Monday, complicating what had appeared to be a smooth confirmation process. With Kavanaugh’s once-safe nomination for a lifetime job on the top U.S. court now appearing
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Top 10 Unilever shareholder may vote against plan to go Dutch

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LONDON (Reuters) – Unilever (ULVR.L) (UNc.AS) shareholder Lindsell Train is likely to use at least some of its shares to vote against the company’s planned move to the Netherlands, which will cost the consumer goods giant its spot in the benchmark FTSE 100 .FTSE index. FILE PHOTO: Unilever headquarters in Rotterdam, Netherlands August 21, 2018.
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Iran says U.S. pullout from nuclear deal threatens regional peace

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VIENNA (Reuters) – The U.S. withdrawal from the nuclear deal struck between Iran and major powers is “doomed” to seriously affect peace and security in the Middle East, Iran’s atomic chief said on Monday. FILE PHOTO: Head of the Iranian Atomic Energy Organization Ali Akbar Salehi attends the lecture “Iran after the agreement: Hopes &
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Erratic Perez under fire after crashing into team mate

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SINGAPORE (Reuters) – Force India team principal Otmar Szafnauer has read the riot act to Sergio Perez, describing his erratic performance at the Singapore Grand Prix as “unacceptable” after the Mexican pushed his team mate Estaban Ocon into the wall on the opening lap. Perez ended the Frenchman’s race after just three corners, held up
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