Honda to close UK car plant with the loss of 3,500 jobs
LONDON (Reuters) – Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters,…
Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade,…
Analyst View: Investors divided over Mexico’s bailout of state oil company
MEXICO CITY (Reuters) – The Mexican government promised on Friday to do what it takes to strengthen the finances of ailing state oil company Petroleos Mexicanos with an injection of…
Shutdown costs pegged at $3 billion as government reopens
WASHINGTON (Reuters) – The U.S. economy was expected to lose $3 billion from the partial federal government shutdown over President Donald Trump’s demand for border wall funding, congressional researchers said…
Irish data watchdog investigates Twitter over privacy rules breach
FILE PHOTO: The Twitter logo in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo DUBLIN (Reuters) – Twitter’s lead regulator in the European Union, the Irish Data Protection…
Merkel lauds G20 agreement on need for reform of world trade
German Chancellor Angela Merkel attends the plenary session at the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. G20 Argentina/Handout via REUTERS BERLIN (Reuters) – German Chancellor Angela…
China moves to lift confidence as economic growth hits weakest pace since 2009
BEIJING (Reuters) – China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to…
McConnell says Senate Republicans might revisit Obamacare repeal
WASHINGTON (Reuters) – Republicans could try again to repeal Obamacare if they win enough seats in U.S. elections next month, Senate Republican Leader Mitch McConnell said on Wednesday, calling a…
Greece set to exit bailout, still faces daunting challenges
ATHENS (Reuters) – Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to borrow again in international markets after a nearly nine-year debt…
For Greece’s austerity-hit elderly, bailout will never end
ATHENS (Reuters) – With two euros in his pocket, Yorgos Vagelakos, an 81-year-old retired factory worker, scouts the farmer’s market in his working-class Athens neighborhood for anything he can afford.…