WASHINGTON (Reuters) – An escalation of the U.S.-China trade war would drive manufacturing away from both countries and likely cause job losses, but would not change their total trade balances, an International Monetary Fund (IMF) report showed on Wednesday. The United States and China would see “sizable” losses in manufacturing as capacity moves toward Mexico, […]
Mobile operators in Ireland say that there will be no return to roaming charges for customers travelling to the UK after Brexit. Three’s chief executive Robert Finnegan today said that the network has made a “commitment” on the issue. “The roaming experience that [Irish Three customers] have in the UK today will continue after Brexit, […]
A Tory MP said he has lost four inches from his waistline because of the stress of Brexit. Huw Merriman, who represents Bexhill and Battle and is the parliamentary private secretary to Philip Hammond, also cited “abuse” from his constituents as one of the causes of the weight loss. He told BBC Radio 5 Live: […]
(Reuters) – Shares in CMC Markets Plc slid more than 10 percent on Wednesday after the online trading firm forecast a drop in income in the year to March as new rules curbed client activity, and a senior executive decided to depart. The profit warning dragged down shares in Britain’s biggest online trading firms IG […]
TOKYO — Carlos Ghosn is on Twitter, and he’s ready to talk. The embattled former auto executive said on a new, verified account on Wednesday that he would hold a news conference next week. Mr. Ghosn didn’t disclose details, but he presumably will discuss the events surrounding his fall from the top of the Nissan-Renault-Mitsubishi […]
ZURICH (Reuters) – Roche Holding said its effort to expand in gene therapy via the $4.3 billion takeover of Spark Therapeutics remained on track despite failing to get enough votes to clinch the deal and as U.S. regulators continued scrutinizing it. The Swiss company said it was extending its offer to May 2 from the […]
SHANGHAI (Reuters) – Asian shares rose to seven-month highs on Wednesday as investors lapped up signs of progress in U.S.-China trade talks and brisk economic data, while oil approached the key $70 per barrel mark. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 percent around 0310 GMT, after earlier touching its highest […]
Tax receipts rose 7.1pc to €843m in the first quarter from a year earlier, helping the Government to a smaller budget deficit than forecast, despite a more than 6pc rise in gross voted spending. The Exchequer Deficit came in at €966m, some €149m better than a year earlier and €411m smaller than forecast. “All tax […]
SHANGHAI (Reuters) – Asian shares rose to fresh seven-month highs on Wednesday as global investors took heart from signs of progress in U.S.-China trade talks and brisk economic data, while oil approached the key $70 per barrel mark. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.65 percent shortly after markets in China opened, […]
TOKYO (Reuters) – Oil prices rose for a fourth day on Wednesday, with support from OPEC-led supply cuts and U.S. sanctions overshadowing an industry report showing an unexpected rise in U.S. inventories last week. Brent futures rose 35 cents, or 0.5 percent, to $69.72 a barrel by 0207 GMT, after earlier reaching $69.87, the highest […]