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  • *G7 leaders agree on Russia, Syria, North Korea. TAORMINA, Italy, May 27- Under pressure from Group of Seven allies, U.S. The summit of G7 wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with European diplomats frustrated at having to revisit questions they had hoped were long settled.

  • NAVAL AIR STATION SIGONELLA, Sicily— The Latest on President Donald Trump's visit to Europe:. President Donald Trump says G-7 allies are pushing to end "all trade-distorting practices." Trump discussed trade with the leaders of Italy, Britain, France, Germany, Canada and Japan during the summit, but it was not immediately clear what he meant by the tweet.

  • TAORMINA, Sicily— President Donald Trump says he'll make a final decision on whether the U.S. will stay in the Paris climate agreement next week. Trump was cajoled for three days— first in Brussels at meetings of NATO and the European Union, then in Sicily for G-7— but will leave Italy without making clear where he stands. Trump, who will return to the White House under a...

  • LONDON, May 26- Sterling suffered its steepest fall since January on Friday after an opinion poll showed the governing Conservatives' lead over the Labour opposition down to just 5 percentage points less than two weeks before a parliamentary election. That lifted London's FTSE share index by half a percent to a record high while other major European markets...

  • LONDON, May 26- Sterling suffered its worst falls since January on Friday after an opinion poll showed Prime Minister Theresa May's lead down to just 5 percentage points over the Labour opposition less than two weeks before a parliamentary election. In a succession of falls in Europe, the pound sank against the euro and by more than a full percentage point...

  • DUBLIN/ LONDON, May 26- British insurer Legal& General said it will move some of its investment management operations to Ireland to ensure it can continue to serve its customers after Brexit, while rival Aviva is turning its Irish branches into subsidiaries. LGIM's decision follows plans by rival fund manager M&G, a subsidiary of Prudential, to set up a management...

  • LONDON, May 26- Sterling racked up its worst falls since early February on Friday after an opinion poll showed Prime Minister Theresa May's lead down to just 5 percentage points over the Labour opposition less than two weeks before a parliamentary election. In a succession of falls in Europe, the pound sank against the euro and by a full percentage point against...

  • LGIM's decision follows plans by rival fund manager M&G, a subsidiary of Prudential, to set up a management company and distribution arm in Luxembourg, which along with Dublin is one of Europe's main hubs for fund services. "This is yet another very important signal to the market that financial services companies can come to Ireland quickly and service their...

  • TAORMINA, Italy, May 26- A top adviser to Donald Trump confirmed on Friday that the U.S. president had criticised Germany as "very bad" on trade at a meeting with EU officials in Brussels on Thursday. "He said they're very bad on trade, but he doesn't have a problem with Germany," White House economic adviser Gary Cohn told reporters at a Group of Seven summit in Sicily.

  • TAORMINA, Italy, May 26- Leaders from the world's major industrialised nations began talks on Friday at a G7 summit in Sicily which is expected to expose deep divisions with U.S. The two-day summit, at a cliff-top hotel overlooking the Mediterranean, began a day after Trump blasted NATO allies for spending too little on defence and described Germany's trade...

  • LONDON, May 26- Sterling dived more than half a percent against the dollar and euro on Friday after an opinion poll showed Prime Minister Theresa May's lead down to just 5 percentage points over the Labour opposition less than two weeks before a general election. The pound hit a three-week low of $1.2837, more than two cents below last week's six-month highs, in a...

  • TAORMINA, Italy, May 26- Talks between U.S. President Donald Trump and other leaders of the world's rich nations at the G7 summit on Friday were expected to be "robust" and "challenging" after he had lambasted NATO allies and condemned German trade policies a day earlier. Later, the leaders of Britain, Canada, France, Germany, Italy, Japan and the United States will hold...

  • TAORMINA, Sicily— The Latest on the G-7 summit in Taormina, Sicily:. German Chancellor Angela Merkel says she's spoken to President Donald Trump about his reported criticism of Germany for its trade surplus with the U.S. The leaders meeting in Taormina, Sicily signed a declaration pledging to intensify the fight against terror in the wake of "the brutal attack in...

  • TAORMINA, Italy, May 26- European Commission President Jean-Claude Juncker denied on Friday that U.S. German media reports said Trump had denounced Berlin's policies as "very bad" and had signalled that he wanted to limit sales of German cars in the United States. "He did not say that the Germans were behaving badly," Juncker said in Sicily before the start of a Group...

  • *G7 leaders to hold two days of talks in Sicily. TAORMINA, Italy, May 26- Leaders of the world's rich nations braced for contentious talks with Donald Trump at a G7 summit in Sicily on Friday after the U.S. president lambasted NATO allies for not spending more on defence and accused Germany of "very bad" trade policies. The summit will kick off with a ceremony at an...

  • TAORMINA, Italy, May 26- U.S. Hosts Italy hope the luxurious, relaxed surroundings will give the rich-nation leaders a rare chance for wide-ranging debate on an array of international issues, including Syria, North Korea and the global economy. A senior Italian diplomat said Trump and the heads of Britain, Germany, France, Italy, Japan and Canada saw eye-to-eye on...

  • TAORMINA, Italy, May 25- U.S. President Donald Trump expects a tough debate over trade and climate change with other Group of Seven leaders at their forthcoming summit, White House economic adviser Gary Cohn said on Thursday. Trump and the leaders of Japan, Canada, Germany, France, Britain and Italy are due to hold two days of talks in Sicily, with the U.S. president...

  • Previous EU negotiating positions have stressed Brussels' aim of protecting the rights of 3 million citizens of the other 27 current member states now living in Britain once it quits the bloc in March 2019, though they have said this should be reciprocated by the EU for over a million British expatriates. The paper, to be discussed by diplomats next week, goes into...

  • ROME/ MILAN, May 25- Italy's economy minister sought to reassure investors on Thursday that they will not be hit in a rescue of two ailing regional banks, Popolare di Vicenza and Veneto Banca, after fears of a full "bail-in" hit the lenders' debt. Italy has been seeking European Union approval for months to rescue the two banks based in the northeastern Veneto region...

  • BRUSSELS, May 25- A smiling Donald Trump offered European Union chiefs assurances on security in Brussels on Thursday but EU officials did not conceal lingering differences with the U.S. president over Russia, trade and climate change. "The leaders discussed... shared challenges in fighting global terrorism," the White House said in a statement.