Hong Kong’s richest man Li Ka-shing announced Friday he was stepping down as chairman of his flagship company CK Hutchison, marking the end of an era for one of the world’s most storied tycoons.
Britain must “translate speeches into treaties” and come up with a detailed plan for its post-Brexit ties with the EU, European Commission President Jean-Claude Juncker said Tuesday.
The EU said Europe would not waver against trade “bullies” as a row with US President Donald Trump over controversial steel and aluminium tariffs deepened.
Weapons imports to the Middle East and Asia have boomed over the past five years, fuelled by war and tensions in those regions, a new study showed on Monday.
The EU’s top trade official said the US failed on Saturday to provide full clarity on how Europe could be spared from Washington’s controversial steel and aluminium tariffs, but said talks would continue next week.
Eleven nations signed a slimmed-down version of the Trans-Pacific Partnership (TPP) trade agreement Thursday, moving to lower tariffs just as US President Donald Trump seeks to raise them after withdrawing from the deal.
The European Central Bank on Thursday signalled greater confidence in the eurozone economy and its own chances of hitting its elusive inflation goal by dropping talk of boosting its mass bond-buying programme.
The European Union launched legal action against Britain on Thursday to recover 2.7 billion euros ($3.3 billion) in lost customs duties after London allegedly ignored a scam by Chinese importers.
President Donald Trump’s team played down talk of a trade war Wednesday as it fought to limit a financial market sell-off, promising a quick decision on contentious tariffs that prompted a popular economic advisor to the president to quit.
Washington and the European Union — the world’s two largest economies — were on an accelerating collision course Wednesday as Donald Trump’s administration vowed to unveil new tariffs on steel and aluminum within days, and Brussels readied to retaliate.