BRUSSELS/BERLIN (Reuters) – The European Union will impose tariffs on imports of $4 billion in U.S. goods from Tuesday, while hoping that president-elect Joe Biden will foster a sharp improvement in transatlantic ties.Slideshow ( 3 images )The bloc will exercise the right to counter-measures awarded to it last month by the World Trade Organization in […]

NZ Herald-owner NZME has lifted its earnings guidance and says it intends to reinstate dividend payments to shareholders next year following a better than expected revenue recovery from the Covid-19 crisis. It is also refunding the balance of staff salary sacrifices that were taken up on a voluntary basis at the height of the pandemic […]

MILAN/SYDNEY (Reuters) – World stocks hit a record high on Monday and the dollar stayed weak as expectations of better global trade ties and more monetary stimulus under U.S. President-elect Joe Biden supported risk appetite. Markets started to trade on the prospect of a Biden presidency and a Republican-controlled U.S. Senate last week, but the […]

FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland June 22, 2020. REUTERS/Arnd WiegmannMUMBAI (Reuters) – Swiss lender UBS AG UBSAG.UL said on Monday it has appointed Uday Odedra as India country head, in addition to his role as the head of group technology for the Asia […]

KENOSHA, Wis. — It’s a prominent refrain these days from activists in the aftermath of arson and looting — businesses have insurance. Buildings can be repaired. Broken glass is a small price to pay in a movement for justice. One new book, called “In Defense of Looting,” for example, argued that looting is an essential […]

WASHINGTON (Reuters) – The United States may still face a wave of debt defaults and “significant declines” in asset prices because of the coronavirus pandemic and recession, the Federal Reserve warned on Monday, in a stark reminder the economy is far from out of the woods.FILE PHOTO: The Federal Reserve building is set against a […]

Maggie Haberman lives rent-free in Donald Trump’s head, all over the front page of The New York Times and also in a brick house in an unglamorous Brooklyn neighborhood out beyond the Citi Bikes and stately brownstones. On election night, as the votes started coming in, she was seated at her dining room table with […]

ISTANBUL — Turkey’s finance minister, Berat Albayrak, the son-in-law of President Recep Tayyip Erdogan, announced his resignation Sunday evening amid escalating fallout over the country’s collapsing economy and plunging currency. Mr. Albayrak said in a personal letter posted on Instagram that he was stepping down for health reasons after five years as finance minister under […]

(Reuters) – Democrat and former U.S. vice president Joe Biden was declared winner of the U.S. presidential election by several major television networks on Saturday, beating Republican incumbent Donald Trump who took an industry-friendly stance on regulation.FILE PHOTO: U.S. Democratic presidential candidate and former Vice President Joe Biden speaks next to his campaign train while […]

The fate of pets in a pandemic or any other economic downturn is not always a pretty one. At the best of times, some pet owners struggle to pay for their animals’ upkeep and care. It’s not just food and veterinarians bills that people sometimes can’t afford. Even worming costs a lot, says Kerri Murray, […]