25 November

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France accuses UK of dragging its feet in Brexit talks

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PARIS (Reuters) - France's foreign minister accused Britain on Wednesday of "dragging its feet" in last-ditch Brexit negotiations and said Paris would not yield on the issue of fisheries, one of three key issues blocking a deal. Britain and the EU are in a last-ditch effort to agree terms to keep trade flowing without tariffs or quotas from the start of 2021,...

25 November

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Stocks dip on U.S. jobs data, oil climbs further

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By Rodrigo Campos NEW YORK (Reuters - Stocks edged back from record highs on Wednesday as Wall Street bumped up against underwhelming economic data, while oil continued to rise and the dollar weakened ahead of comments from the Federal Reserve. The U.S. dollar has lost some of its safe-haven luster as traders turn...

25 November

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Analysis – Feeling lucky? Bitcoiners who missed rally express relief and regret

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By Anna Irrera LONDON (Reuters) - Arianna O'Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from under $1,000 to nearly $20,000. O'Dell may not have made optimal decisions about when...

25 November

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Exclusive: White House considers lifting European travel restrictions – sources

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By David Shepardson WASHINGTON (Reuters) - The White House is considering rescinding entry bans for most non-U.S. citizens who recently were in Brazil, Britain, Ireland and 26 other European countries, five U.S. and airline officials told Reuters. The Trump administration imposed the bans in a bid to contain the novel coronavirus pandemic. It is not considering lifting separate entry bans on most...

25 November

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EU seeks to bypass patents in emergency measures to boost drugs access

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By Francesco Guarascio BRUSSELS (Reuters) - The European Union is planning tough measures to boost its access to drugs, from sidestepping patents rights in emergencies to taking production to Europe, according to EU documents published on Wednesday. The possible moves are meant to tackle the chronic shortages of medicines that have dogged the...

25 November

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EU seeks to reassure Poland, Hungary use of rule of law link to EU money

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BRUSSELS (Reuters) - European Union institutions are seeking to reassure Poland and Hungary on how they would apply the mechanism linking access to EU funds to respecting the rule of law so that the two countries would drop their veto to the EU's 1.8 trillion financial plan, a senior EU official said. Warsaw and Budapest are under EU investigation for undermining the...

25 November

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UK to spend $374 billion this year to weather COVID, Sunak says

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LONDON (Reuters) - Britain's government will spend 280 billion pounds ($374 billion) this year to help the country weather the COVID-19 pandemic, finance minister Rishi Sunak said on Wednesday. "Taken together, today’s figures confirm: This year, we are providing 280 billion pounds to get our country through coronavirus," Sunak told parliament. ($1 = 0.7490 pounds) ...

25 November

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UK cuts foreign aid spending commitment to 0.5% of GDP

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LONDON (Reuters) -Britain's government reduced its commitment to foreign aid on Wednesday, pledging to spend 0.5% of gross domestic product on aid in 2021 as opposed to the normal 0.7% figure, finance minister Rishi Sunak said. The move will be popular among some voters and media who argue that COVID and the resulting economic crisis mean Britain should spend less on aid,...

25 November

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EU eyes tougher measures against foreign industrial espionage

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BRUSSELS (Reuters) - The European Commission is planning tougher measures to prevent foreign countries acquiring European firms' intellectual property, a move that could strain relations with China, the United States and other trade partners. Most of the 27-nation bloc's exports are of goods produced by industries which rely on patents, such as cars and other high-tech products. But outside the EU, there...

25 November

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Tesla to recall 9,136 Model X cars: NHTSA

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(Reuters) - Tesla Inc has filed to recall about 9,136 Model X cars, the National Highway Traffic Safety Administration (NHTSA) said https://static.nhtsa.gov/odi/rcl/2020/RCLRPT-20V710-9316.PDF on Wednesday. ...

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News

France accuses UK of dragging its feet in Brexit talks

Stocks dip on U.S. jobs data, oil climbs further

Analysis – Feeling lucky? Bitcoiners who missed rally express relief and regret

Exclusive: White House considers lifting European travel restrictions – sources

EU seeks to bypass patents in emergency measures to boost drugs access

EU seeks to reassure Poland, Hungary use of rule of law link to EU money

UK to spend $374 billion this year to weather COVID, Sunak says

UK cuts foreign aid spending commitment to 0.5% of GDP

EU eyes tougher measures against foreign industrial espionage

Tesla to recall 9,136 Model X cars: NHTSA

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