The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
LISBON, Aug 11 (Reuters) - The Portuguese government imposed fuel rationing at petrol stations on Monday as fuel-tanker drivers started a strike and it promised to prevent the labour action from paralysing the country at the height of the tourist season.
A strike in April was Portugal's worst outbreak of industrial unrest in years. Tanker drivers decided to stop work for the second time this year after talks with their employers over better pay and workers' rights failed.
The Socialist government declared an energy crisis on Friday ahead of the strike, allowing it to ensure full supplies to ports, hospitals, airports and other priority users.
The fuel rationing for the public restricts drivers to a maximum of 15 litres of petrol or diesel per filling at specially designated stations covered by the government-decreed minimum services scheme, and 25 litres at all other stations.
Some stations were out of fuel on Monday morning, but there were few lines so far.
The National Hazardous Materials Drivers' Union (SNMMP), which called the strike, said they would comply with the minimum services, but there are concerns they may fail.
"It's absolutely essential that everyone does their part, that those on strike exercise their right and that the minimum services enacted are respected," Prime Minister Antonio Costa said on Sunday. "Common sense must prevail."
The government stands ready to launch special measures to ensure steady supplies, he said.
The fuel-tanker drivers said the strike will carry on until the employers' association ANTRAM makes a "reasonable proposal".
"Until then we will strike for a day, a week, a month, as long as it takes," said SNMMP vice president Pedro Pardal Henriques. The Independent Freight Drivers' Union (SIMM) will also take part in the strike. (Reporting by Catarina Demony, editing by Andrei Khalip and Angus MacSwan)