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  • BRUSSELS/ BERLIN, Sept 16- Germany wants to cap the European Union's next budget for 2021-27 at 1% of the continent's economy, a scenario that would still see Berlin contribute some 10 billion euros more every year, according to a document seen by Reuters. "We will conduct the MFF negotiations on the basis of 1% of the EU27 GNI," read the document, which Germany is...

  • BUENOS AIRES, Sept 16- In late August, amid a sharp plunge in the Argentine peso, global suppliers to oil giant YPF received an unwelcome surprise in their inbox. The move rattled suppliers and global energy firms and will likely lead to a slowing of operations in the country's huge Vaca Muerta shale play, where foreign companies were lured by promises of stability...

  • LUXEMBOURG, Sept 16- British Prime Minister Boris Johnson will explore his chances of securing a Brexit deal over lunch with European Commission chief Jean-Claude Juncker on Monday, after weekend rhetoric from both suggested their positions remain far apart. With less than seven weeks until Britain is due to leave the European Union, Johnson has yet to reach...

  • LONDON, Sept 16- The pound fell nearly half a percent on Monday as concern revived that Britain will struggle to secure a deal on the terms of its departure from the European Union. But no solution is in sight and weekend rhetoric from both Britain and the EU suggests their positions remain far apart. "The fact remains there is still a decent chance of Britain not able...

  • BRUSSELS, Sept 16- The European Union risks not being able to tackle the economic challenges it faces if it does not agree on a long-term budget by the end of the year, the bloc's top budget official Guenther Oettinger said on Monday. "My big concern is that Europe will be in a difficult economic and geopolitical situation if there is no budget by the first of January,"...

  • LUXEMBOURG, Sept 16- British Prime Minister Boris Johnson will explore his chances of securing a Brexit deal over lunch with European Commission chief Jean-Claude Juncker on Monday, after weekend rhetoric from both suggested their positions remain far apart. With less than seven weeks until Britain is due to leave the European Union, Johnson has yet to reach...

  • *Washington blames Iran for attack. President Donald Trump said on Sunday the United States was "locked and loaded" for a potential response to the attack on Saudi Arabia's oil facilities, after a senior U.S. administration official said Iran was to blame. Earlier in the day, a senior U.S. official told reporters that evidence from the attack, which hit the world's...

  • *Washington blames Iran for attack. President Donald Trump said on Sunday that the United States was "locked and loaded" for a potential response to the attack on Saudi Arabia's oil facilities, after a senior official in his administration said Iran was to blame. "Based on the attack on Saudi Arabia, which may have an impact on oil prices, I have authorized the release...

  • LONDON, Sept 15- British Prime Minister Boris Johnson said on Sunday the next few days would be key to his chances of securing a Brexit deal, and that an agreement with the European Union was still his aim and still possible. With less than seven weeks remaining until Britain is due to leave the European Union, Johnson has yet to strike a deal with Brussels to manage...

  • *Washington blames Iran for attack. WASHINGTON/ DUBAI, Sept 15- The attack on Saudi Arabia's oil facilities on Saturday that has threatened global oil supplies came from a direction indicating that Iran was behind it, and cruise missiles may have been the weapon of choice, according to a senior U.S. official. The U.S. official, who asked not to be named, said on Sunday...

  • *Washington blames Iran for attack. DUBAI, Sept 15- Iran dismissed accusations by the United States that it was behind attacks on Saudi oil plants that risk disrupting global energy supplies and warned on Sunday that U.S. bases and aircraft carriers in the region were in range of its missiles. Secretary of State Mike Pompeo said the assault was the work of Iran, a...

  • MILAN, Sept 13- The euro zone needs a more supportive fiscal policy, Italy's new economy minister said in a newspaper interview on Friday, adding that spending on green investments should not count towards a country's budget deficit. Roberto Gualtieri, the former head of the European Parliament's economic and monetary affairs committee, told daily la...

  • BRUSSELS/ BERLIN, Sept 12- Google won a legal battle on Thursday after Europe's top court said publishers in Germany could not demand copyright fees since 2013 from the tech firm because the European Commission had not been notified of the German regulation. The German case underlines the battle waged by publishers seeking a share of revenues earned from the...

  • LONDON, Sept 11- Sterling was steady on Wednesday, lingering below a six-week high against the dollar reached on Monday, as investors assessed the chances Prime Minister Boris Johnson can strike a Brexit deal with the European Union before Oct. 31. Investors, calculating that the risk of no-deal Brexit is receding after the law passed, have pushed sterling from...

  • JOHANNESBURG, Sept 11- Britain has agreed a deal with six southern African countries including South Africa, the continent's most developed economy, that will ensure continuity of trade conditions after Brexit, the British High Commission in South Africa said on Wednesday. But while the situation has left the future trade relationship between Britain and...

  • BRUSSELS, Sept 11- The European Union should give Italy more time to cut its debt and support a plan to reinvigorate investment in the country, Prime Minister Giuseppe Conte said after a meeting in Brussels with the president-designate of the European Commission. Conte, on his first visit to Brussels after becoming the head of a government backed by the 5- star...

  • *British Chamber of Commerce in Germany urges Brexit delay. BERLIN, Sept 11- German Chancellor Angela Merkel said on Wednesday that Britain could still leave the European Union with a deal but if that proved not to be the case then Berlin was prepared for a disorderly Brexit. The UK parliament has passed a law compelling him to ask Brussels to delay the planned...

  • BRUSSELS, Sept 11- Italy wants to reduce its large public debt by boosting growth and investments, Prime Minister Giuseppe Conte said after a meeting in Brussels with the president-designate of the European Commission Ursula von der Leyen. "Our target is to reduce the debt," he told reporters. "But we want to do it through economic growth and investments," he said,...

  • LONDON, Sept 11- The British pound steadied just below a six-week high on Wednesday after its recent rebound, as investors assessed the chances Prime Minister Boris Johnson can strike a Brexit deal with the European Union. Johnson's team wants Brussels to tweak an existing withdrawal agreement so parliament can approve it and Britain won't crash out of the EU...

  • UK PM JOHNSON REITERATED AT CABINET ON TUESDAY HE WILL NOT NEGOTIATE BREXIT DELAY IN BRUSSELS ON 17-18 OCT- ITV EDITOR TWEET, CITING SOURCES.