*Gasoline stocks in independent storage in the Amsterdam- Rotterdam- Antwerp refining and storage hub dropped 10 percent in the week to Thursday to their lowest level since December 2018, data from Dutch consultancy Insights Global, previously PJK International, showed. *The draws in gasoline stocks were driven by strong demand from the U.S. East Coast and Asia,...
MIAMI/ WASHINGTON, April 17- The Trump administration on Wednesday imposed new sanctions and other punitive measures on Cuba and Venezuela, seeking to ratchet up U.S. pressure on Havana to end its support for Venezuela's socialist president, Nicolas Maduro. President Donald Trump's decision, which the State Department said could unleash hundreds of...
MIAMI/ WASHINGTON, April 17- The Trump administration on Wednesday imposed new sanctions and other punitive measures on Cuba and Venezuela, seeking to ratchet up U.S. pressure on Havana to end its support for Venezuela's socialist president, Nicolas Maduro. President Donald Trump's decision, which the State Department said could unleash hundreds of...
The measures have been brought into sharper focus since the live streaming on one of Facebook's platforms of a lone gunman killing 50 people at two New Zealand mosques in March. A new European Parliament, to be elected on May 23-26, will finalise the text of the law in negotiations with the European Commission and representatives of EU governments, a process...
STRASBOURG, April 17- Latvian Prime Minister Krisjanis Karins pledged on Wednesday to rid the country's banking system of money-laundering "rats" in a year, as the Baltic state faces international pressure over its ability to counter financial crime. Karins said he wanted to turn the Latvian banking system into "the cleanest" in Europe, after its reputation was...
*France opposes start of talks, Belgium abstained. BRUSSELS, April 15- The European Union is ready to start talks on a trade agreement with the United States and aims to conclude a deal before year-end, European Trade Commissioner Cecilia Malmstrom said on Monday. The EU approved two areas for negotiation, opposed by France with an abstention from Belgium.
FRANKFURT, April 15- The bosses of BMW and Deutsche Telekom have urged the German government to take action to block a European Commission proposal that would set a Wi-Fi-based standard for connected cars. In a letter, BMW CEO Harald Krueger and Telekom's Tim Hoettges warned that ruling out an alternative approach based on 5 G mobile networks would leave Europe...
BRUSSELS, April 15- Belgium's centre for cybersecurity has found no evidence that telecoms equipment supplied by Huawei Technology could be used for spying. Global market leader Huawei is the target of a campaign by Washington which has barred it from next-generation 5 G networks due to concerns over its ties to the Chinese government and says other Western...
HONG KONG, April 15- Anheuser-Busch InBev has enlisted Citigroup and Bank of America Merrill Lynch to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters. They join Morgan Stanley and JP Morgan, both of which are the sponsors, or leads, for the planned Hong Kong initial public offering...
LONDON, April 15- Greek government bond yields were closing in on record lows on Monday after an official said a deal to repay International Monetary Fund loans is imminent, which would mark another step forward from the Athens's debt crisis. A senior official said late on Friday that Greece was looking to strike a deal over the weekend to repay early about half...
EU governments on Monday backed the move launched by the European Commission two years ago to protect Europe's creative industries, which employ 11.7 million people in the bloc. "When it comes to completing Europe's digital single market, the copyright reform is the missing piece of the puzzle," the Commission's president Jean-Claude Juncker said in a...
HONG KONG, April 15- The world's biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters. The two join Morgan Stanley and JPMorgan, both of which are the sponsors, or leads, for the planned Hong Kong...
BRUSSELS, April 15- European Union countries gave final clearance on Monday to start formal trade talks with the United States after months of delay due to French resistance. In the end, the EU governments voted by a clear majority to approve the negotiating mandates proposed by the European Commission, with France voting against and Belgium abstaining.
BRUSSELS, April 15- The European Union's bid to overhaul its two-decade old copyright rules cleared its final hurdle on Monday as EU governments backed the move forcing Google to pay publishers for news snippets and Facebook to filter out protected content. Nineteen countries, including France and Germany, endorsed the revamp while Finland, Italy, Luxembourg,...
DUBROVNIK, Croatia, April 12- China pledged on Friday to increase trade with Central European countries and provide more financial support for major cross border infrastructure projects to promote regional cooperation. The area is key to China's Belt and Road Initiative, which aims to link China by sea and land with Southeast and Central Asia, the Middle East,...
MILAN, April 12- Reducing Italy's high income tax burden is a "necessary act of justice" and the government will take steps in the next budget, the country's economy minister said in a newspaper interview. "We'll definitely do something about it, we'll see how in the autumn," Giovanni Tria told Il Messaggero daily in an interview. "With the Economic and Financial...
BRUSSELS, April 11- European Union countries gave initial clearance on Thursday to start formal trade talks with the United States, EU sources said, a move designed but not guaranteed to smooth strained relations between the world's two largest economies. The European Commission, which coordinates trade policy for the 28 member European Union, has sought...
BRUSSELS, April 11- European Union countries provisionally agreed the start of formal trade negotiations with the United States on Thursday, EU sources said, a move designed but not guaranteed to smooth strained relations between the world's two largest economies. The European Commission, which coordinates trade policy for the 28 member European Union, had...
BRUSSELS, April 11- China's Huawei Technologies said on Thursday the security of its telecoms network equipment was as tight as any, and hit back at the U.S. government for briefing Washington's allies against it. She criticised comments by Robert Strayer, U.S. State Department deputy assistant secretary for cyber, international communications and...
ZURICH, April 11- Three Germans on trial in Switzerland for helping expose a tax-stripping scheme that cost European governments billions of euros will likely avoid prison after a verdict on Thursday that fell well short of prosecutors' demands. The men, Stuttgart- based lawyer Eckart Seith and two former employees of Basel- based Bank J. Safra Sarasin, had faced...
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