United Kingdom


U.S. drafts WTO reform to halt handouts for big and rich states


GENEVA The United States proposed a reform of the World Trade Organization on Friday that would slash the number of countries that are eligible for "special and differential treatment", a plan likely to be resisted by China, India and other countries.

Big Tech's banking foray on regulators' radar

LONDON The march of so-called Big Tech into financial services could pose a bigger threat to banks than upstart fintech specialists, warranting scrutiny for threats to financial stability, a global regulatory body said on Thursday.

Business, 14 Feb 2019

Germany splashes out on new VIP jets after G20 debacle

BERLIN Germany will order a new fleet of government jets after a series of embarrassing breakdowns that has left government ministers stranded and highlighted the parlous technical condition of much of the NATO member's military hardware.

World, 02 Feb 2019

Trump trade troubles makes Tokyo-bound Merkel big in Japan

BERLIN German Chancellor Angela Merkel heads to Japan on Sunday for a two-day trip to forge an "alliance of multilateralists" who want to resist U.S. President Donald Trump's "America First" approach to trade and China's pursuit of narrow national interests.

World, Japan 31 Jan 2019

Advocating stability abroad, Merkel must mind pitfalls at home

BERLIN Addressing world leaders in Davos this week, German Chancellor Angela Merkel made a robust defence of multilateralism, but looming pitfalls at home risk undermining her globe-trotting advocacy for international cooperation before too long.

25 Jan 2019

Saudis to Davos: Move on from Khashoggi, let's do business

DAVOS, Switzerland If you somehow missed the news about the killing of journalist Jamal Khashoggi by Saudi agents and the global outcry that ensued, you might think Saudi Arabia is the darling of the World Economic Forum in Davos.

Business, Middle East 24 Jan 2019

Japan's Abe to put trade, climate at top of G20 to-do list

DAVOS, Switzerland Japanese Prime Minister Shinzo Abe said on Wednesday he will seek to use his chairmanship of the Group of 20 leading economies to rebuild trust in the global trade system and foster consensus on ways to address climate change.

World, Japan 23 Jan 2019

Trump won't soften hardline on China to make trade deal - advisers

WASHINGTON As much as U.S. President Donald Trump wants to boost markets through a trade pact with China, he will not soften his position that Beijing must make real structural reforms, including how it handles intellectual property, to reach a deal, advisers say.

Business, World 23 Jan 2019

China offers to ramp up U.S. imports - Bloomberg

China has offered to go on a six-year buying spree to ramp up imports from the United States in order to reconfigure the relation between the two countries, Bloomberg reported on Friday, citing people familiar with the matter.

Business, 18 Jan 2019

Gloomy forecast for Davos: crises aplenty, but few world leaders

MILAN An array of crises will keep several world leaders away from the annual World Economic Forum in Davos next week, which takes place against a backdrop of deepening gloom over the global economic and political outlook.

Business, 18 Jan 2019