Fed’s Powell defends policy of gradual interest rate hikes
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise interest rates as healthy for the economy and signaled more…
West Nile virus cases in Greece jump in 2018
ATHENS (Reuters) – Eleven people have died and 107 infected by the mosquito-borne West Nile virus in Greece so far this summer, authorities said, the highest number of reported cases…
Doctor in eastern Congo contracts Ebola in ‘dreaded’ scenario: WHO
GENEVA (Reuters) – A doctor has become the first probable Ebola case in one of the eastern Democratic Republic of Congo’s most violence-ridden and inaccessible zones, a scenario “we have…
British Airways, Air France halting flights to Iran from next month
LONDON/PARIS (Reuters) – British Airways and Air France said on Thursday they would halt flights to Iran from September for business reasons, months after U.S. President Donald Trump announced he…
No-deal Brexit will bring tangle of red tape, Britain warns companies
LONDON (Reuters) – Britain on Thursday told companies trading with the European Union they would face a tangle of red tape, possible border delays and more costly credit card payments…
U.S., China escalate trade war, impose more tariffs
BEIJING/WASHINGTON (Reuters) – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods. FILE PHOTO:…
Exclusive: Pharma sector warns Saudis on German drug curbs
BERLIN (Reuters) – European and U.S. pharmaceutical associations have waded into a diplomatic row between Germany and Saudi Arabia, warning that ongoing restrictions on German-made drugs could hurt Saudi patients…
U.S., China to resume trade talks in Washington amid low expectations
WASHINGTON (Reuters) – U.S. and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by U.S. President Donald Trump that there would…
Exclusive: Trump doesn’t expect much from China trade talks this week
WASHINGTON (Reuters) – U.S. President Donald Trump does not expect much progress from trade talks with China this week in Washington, he told Reuters on Monday. U.S. President Donald Trump…
Exclusive: Trump demands Fed help on economy, complains about interest rate rises
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and…