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December 5, 2019
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Billionaire Lawrence Stroll seeks big stake in Aston Martin: report

Reuters
LONDON (Reuters) – Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin (AML.L), Autocar magazine reported, sending the luxury sports car maker’s battered shares up 17% on Thursday. Aston Martin, the drive of choice for fictional British...
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Stocks keep the faith, sterling gallops higher

Reuters
LONDON (Reuters) – Stocks gained amid trade war headlines on Thursday, while sterling rose to its highest in more than two years against the euro on hopes next week’s UK election will lead to a smooth Brexit. FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse...
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Stocks rally on renewed trade talk optimism, yields rise

Reuters
NEW YORK (Reuters) – Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going “very well” and a news report suggested key differences were being ironed out. FILE PHOTO: The German share...
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Ryanair CEO denies accusation of bullying former operations chief

Reuters
DUBLIN (Reuters) – Ryanair (RYA.I) chief executive Michael O’Leary on Wednesday dismissed accusations that he bullied and forced out his former operations chief Peter Bellew, telling a court he was a highly paid professional who had failed to deliver. Ryanair’s Michael O’Leary walks at the Four Courts in Dublin after...
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Stocks in tentative rebound after Trump’s trade war scare

Reuters
LONDON (Reuters) – European stocks opened higher on Wednesday, recovering some of the losses made in the previous session when U.S. President Donald Trump surprised world markets by saying a trade deal with China could wait until after the 2020 presidential election. FILE PHOTO: The German share price index DAX...
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France fights back over U.S. tariff threat to Champagne, cheese

Reuters
PARIS/LONDON (Reuters) – France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs followed...
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Factbox: France and others plan tax clampdown on digital giants

Reuters
PARIS (Reuters) – U.S. President Donald Trump’s administration threatened to impose duties of up to 100% on French imports worth $2.4 billion after it concluded a tax on digital services imposed by Paris would be “unusually burdensome” for U.S. technology companies. Paris is not alone among capitals in Europe and...
Reuters - Business

France and EU say primed to retaliate over U.S. tariff threat

Reuters
PARIS (Reuters) – France and the European Union said on Tuesday they are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs came...
Reuters - Business

France says primed to retaliate with EU over U.S. tariff threat against Paris

Reuters
PARIS (Reuters) – France and the European Union are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on $2.4 billion in imports of champagne, handbags and other French products, the French government said on Tuesday. FILE PHOTO: French Finance...
Reuters - Business

France and EU ready to fight back over U.S. tariff threat, ministers say

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....
Reuters - Business

France and EU ready to fight back over U.S. tariff threat: French ministers

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....
Reuters - Business

Fund managers deploy machines to decipher British election riddle

Reuters
LONDON (Reuters) – Question: How do you predict the outcome of a snap election when so many polls have been so wrong, half of voters haven’t made up their minds and the crucial factor may not be who wins, but how much they win by? FILE PHOTO: Union Jack flags...
Reuters - Business

U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

Reuters
FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Monday said it saw no basis in Monday’s World Trade Organization report that would justify reducing...
Reuters - Business

U.S. may increase tariffs after WTO rejects EU claims over Airbus

Reuters
PARIS/BRUSSELS (Reuters) – The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus (AIR.PA), prompting the United States to say it could increase retaliatory tariffs on a wider range of European goods. Christian Scherer, Airbus Chief Commercial Officer, speaks during a...
Reuters - Business

U.S. proposes 100% tariffs on French Champagne, cheese, handbags over digital tax

Reuters
FILE PHOTO: An employee serves a glass of Champagne during the traditional wine harvest at the Champagne house Deutz in Ay, France, September 22, 2016. REUTERS/Benoit Tessier/File Photo WASHINGTON (Reuters) – The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in...
Reuters - Business

U.S. vows 100% tariffs on $2.4 billion of French products over digital services tax

Reuters
FILE PHOTO: A cyclist passes the U.S. and French flags flying over the Eisenhower Executive Office Building, which houses a majority of offices for White House staff, in Washington February 10, 2014. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – The U.S. government on Monday said it could slap additional duties of up...
Reuters - Business

Dollar, stocks slide on Trump tweets, dour PMI data

Reuters
NEW YORK (Reuters) – The dollar and global stock markets fell on Monday after U.S. President Donald Trump said he would restore tariffs on some imports from Brazil and Argentina, with losses exacerbated by a slide in new U.S. factory orders in November to their lowest since 2012. European shares...
Reuters - Business

WTO rejects EU bid to stop U.S. tariffs over Airbus

Reuters
PARIS/BRUSSELS (Reuters) – The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus (AIR.PA), underscoring tariffs recently imposed by the United States on European goods. Christian Scherer, Airbus Chief Commercial Officer, speaks during a news conference for the delivery of the...
Reuters - Business

EU fails to block U.S. tariffs in new WTO aircraft ruling: sources

Reuters
PARIS/BRUSSELS (Reuters) – The World Trade Organization has found that the European Union has failed to withdraw all subsidies to planemaker Airbus (AIR.PA) amid U.S. tariffs on European goods, three people familiar with the matter said. Christian Scherer, Airbus Chief Commercial Officer, speaks during a news conference for the delivery...

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