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  • 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.

  • ATHENS, Greece— Former Greek Prime Minister Lucas Papademos was injured after a letter bomb exploded inside his car in a central Athens on Thursday in an attack that also left two Bank of Greece employees wounded. "I unequivocally condemn the attack against Lucas Papademos," Greek Prime Minister Alexis Tsipras, who was attending a NATO summit in Brussels, tweeted...

  • 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...

  • A protest in Brussels against the visit of Donald Trump.

    Europeans are protesting Trump's visit to Brussels, the headquarters of NATO and the EU. He's criticized both institutions, NBC reports.

  • 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 "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 and...

  • *EU, U.S. not seeing eye-to-eye on Russia, EU says. 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. "action plan" on trade-- an indication the new occupant of the White House is not as...

  • TAORMINA, Sicily— A glance of the leaders meeting with Donald Trump during his first Group of Seven summit as U.S. president, in alphabetical order by country. Trump joins the leaders of France, Britain and Italy in making their G-7 debuts this year, although he met some of them already on Thursday at the NATO summit in Brussels. Theresa May, 60, entered 10 Downing St....

  • MILAN, May 25- Italy is working with European authorities to find a rapid solution for troubled regional banks Popolare di Vicenza and Veneto Banca, the government said, as investors worried that the lenders may fail to get the state aid they have requested. Italy has been in talks with Brussels for months over its plans to rescue the two banks based in the...

  • People carry effigies of U.S. President Donald Trump (L) and Belgian Prime Minister Charles Michel during a demonstration against the U.S. president in Brussels, Belgium on May 24, 2017.

    Demonstrators took to the streets of Brussels to protest Trump's arrival in the city he previously likened to a "hellhole."

  • Sources told Reuters last week that the European Commission had asked two Veneto- based regional lenders to raise an additional 1 billion euros in private capital as a condition to approve their request for a state bailout. The sources said Italy's stronger banks could once more face pressure to help rescue the lenders, Popolare di Vicenza and Veneto Banca,...