Finance

  • Eurozone Posts Fastest Economic Growth in a Decade
    Eurozone_posts_fastest_economic_growth_in_a_decade 2018-03-02 08:55:40 UTC
    BENGALURU (Reuters) - While euro zone business growth was the fastest in well over a decade at the start of the year, it lost some steam last month as a stronger currency took its toll, a private-sector survey of purchasing managers showed. Still, over 70 percent of respondents in the latest R...

  • Rebuilding Iraq after war with ISIS will cost $88.2 billion
    Rebuilding_iraq_after_war_with_isis_will_cost__88.2_billion 2018-02-12 10:49:21 UTC
    KUWAIT (Reuters) - Rebuilding Iraq after three years of war with Islamic State will cost $88.2 billion, with housing a particularly urgent priority, Iraqi officials told an international donors’ conference on Monday. Donors and investors have gathered in Kuwait this week to discuss efforts to ...

  • Paul: I can't look the other way by trillion-dollar deficits
    Rand_paul_says-_i_can't_look_the_other_way_by_trillion-dollar_deficits 2018-02-09 06:06:44 UTC
    WASHINGTON (AP) — The U.S. government stumbled into a shutdown at midnight as a rogue Senate Republican blocked a speedy vote on a massive, bipartisan, budget-busting spending deal, protesting the return of trillion-dollar deficits on the watch of Republicans controlling Washington. The shutdo...

  • Germany's Economy Growing Fast with Surplus
    German_economy_powers_on-_in_surplus_and_growing_fast 2018-02-01 22:18:01 UTC
    BERLIN (Reuters) - The German government this week raised its 2018 growth forecast to 2.4 percent from 1.9 percent after bullish economic data, which could translate into added tax revenues. That would give more leeway to increase state spending over the next four years beyond what is currentl...

  • Doctors can detect deadliest cancers through blood test
    To_detect_deadliest_cancers_just_by_blood_test 2018-01-21 17:59:46 UTC
    The future isn't far off, according to US researchers: doctors will soon be able to detect cancer and locate tumor cells just by examining one blood sample. But is this new screening method as good as it sounds? <blockquote>Cancer of the ovaries, liver, stomach, pancreas, esophagus, colon and ...

  • Scotland Sees 'Golden' Chance to Stay in European Single Market
    Scotland_sees_'golden'_chance_to_stay_in_the_european_single_market 2018-01-14 08:31:04 UTC
    EDINBURGH (Reuters) - Scottish leader Nicola Sturgeon said on Sunday there was a “golden opportunity” to argue for Britain to remain in the European single market after Brexit, as no-one had yet demonstrated the benefit of loosening trade ties with the EU. Sturgeon, whose nationalist SNP runs ...

  • Zimbabweans of European Origin Return to Seized Land
    Zimbabweans_of_european_ethnic_origin_returns_to_seized_land 2017-12-24 11:14:22 UTC
    RUSAPE, Zimbabwe (Reuters) - The last time farmer Rob Smart left his land it was at gunpoint, forced out in June by riot police armed with tear gas and AK-47 assault rifles. He returned on Thursday to ululations and tears of joy from former workers and their families who were also kicked out -...

  • Republicans Looting the Treasury: House Approves #TaxScamBill
    Republicans_looting_the_treasury-_house_approves__taxscambill 2017-12-20 19:52:16 UTC
    ASHINGTON (Reuters) - The Republican-controlled U.S. House of Representatives gave final approval on Wednesday to the biggest overhaul of the U.S. tax code in 30 years, sending a sweeping $1.5 trillion bill to President Donald Trump for his signature. In sealing Trump’s first major legislative...

  • US Congress Struggling to Avoid a Partial Government Shutdown
    Us_congress_struggling_to_avoid_a_partial_government_shutdown 2017-12-20 00:44:23 UTC
    WASHINGTON (Reuters) - The U.S. Congress is struggling through another contentious week as infighting over defense spending, healthcare and other matters complicates the drive to pass a temporary spending bill by midnight on Friday to avert a partial government shutdown. In a week when Preside...

  • European Union: US Tax Reform Breaks Global Rules
    European_union-_us_tax_reform_breaks_global_rules 2017-12-19 18:29:42 UTC
    European finance ministers are worried. They say the US's big tax reform bill contains measures that would unfairly disadvantage European business and contravene global fair-taxation rules. Are they right? Last week, the finance ministers of Europe's five biggest economies — Germany, France, t...

  • Here's a Look at the Final Republican Tax Bill
    Here's_a_look_at_the_final_republican_tax_bill 2017-12-17 06:15:52 UTC
    Republicans in the U.S. Congress released a final version of their tax bill on Friday, clearing the way for Senate and House of Representatives votes on the legislation next week. President Donald Trump wants to sign tax legislation before the end of the year to notch the first major legislati...

  • Zimbabwe's government will Extend Amnesty on Outstanding Taxes
    Zimbabwe's_government_will_extend_amnesty_on_outstanding_taxes 2017-12-08 07:04:50 UTC
    HARARE — Zimbabwe's Finance and Economic Development Minister Patrick Chinamasa proposed an amnesty for interest and penalties on outstanding taxes accrued prior to December 1, 2017 for taxpayers who come forward and settle their obligations within the period ending June 30, 2018. He said the ...

  • Bitcoin tops an all-time high above $10,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-11-29 06:11:39 UTC
    NEW YORK (Reuters) - Red-hot bitcoin soared through an all-time high above $10,000 on Wednesday, taking its gains to more than 900 percent so far this year, the most of any asset class. Despite widespread scepticism of many veteran bankers and fund managers, it is being propelled by a continue...

  • Canada reaches out to US Congress to bypass Trump on NAFTA
    Canada-_justin_trudeau_reaches_out_to_us_congress_to_bypass_trump_on_nafta 2017-11-15 20:02:04 UTC
    OTTAWA (Reuters) - Canada will redouble its lobbying efforts in Congress to block any Trump administration move to pull the United States out of NAFTA, sources familiar with government strategy said, as talks to modernize the treaty run into trouble. Canadian officials, preparing for a fifth r...

  • TPP Countries Agree to Move Ahead Without the US
    Trump_-_tpp_countries_agree_to_move_ahead_without_the_us 2017-11-11 07:34:30 UTC
    DANANG, Vietnam (Reuters) - Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last minute resistance from Canada raised new doubts about its survival. Taking the agreement forw...

  • Germany’s Strong Economic Growth Creates Tax Surplus of 30 Billion Euros
    Germany%e2%80%99s_strong_economic_growth_creates_tax_surplus_of_30_billion_euros 2017-11-09 23:36:47 UTC
    BERLIN (Reuters) - Germany’s new tax estimates show the next federal government will have around 30 billion euros available for tax cuts and additional spending over the next four years, Finance Minister Peter Altmaier said on Thursday. The tax experts’ estimates show Germany’s strong economic...

  • Trump’s administration has links with Russian allies of Putin
    Trump%e2%80%99s_administration_has_links_with_russian_allies_of_putin 2017-11-06 04:23:28 UTC
    WASHINGTON (Reuters) - A top member of Donald Trump's administration has business links with Russian allies of President Vladimir Putin who are under US sanctions, Leaked files from offshore law firm show. Partnerships used by Ross, a billionaire investor helping to shape President Donald Tru...

  • GOP Massive Tax Cuts Will Lead to Major Deficit and Debt
    Gop_massive_tax_cuts_will_lead_to_major_deficit_and_debt 2017-11-02 21:24:00 UTC
    WASHINGTON (Reuters) - U.S. House of Representatives Republicans unveiled long-delayed legislation on Thursday to deliver deep tax cuts that President Donald Trump has promised. The bill, representing what would be the largest overhaul of the U.S. tax system since the 1980s, called for slashin...

  • EU Reaffirms Full Commitment to the Iran Nuclear Deal
    Eu_reaffirms_full_commitment_to_the_iran_nuclear_deal 2017-10-19 23:53:02 UTC
    BRUSSELS (Reuters) - European Union leaders on Thursday reaffirmed their full commitment to the 2015 nuclear deal between Iran and world powers, hoping that the U.S. Congress would not let it collapse despite relentless criticism by President Donald Trump. But the bloc, reluctant to isolate it...

  • Trump's Tax Plan Will add Trillions of Dollars to the Debt
    Trump_undermines_trust_between_partners-_%22i_have_the_absolute_right%22 2017-09-28 06:48:39 UTC
    WASHINGTON (Reuters) - President Donald Trump proposed on Wednesday the biggest U.S. tax overhaul in three decades, calling for tax cuts for most Americans, but prompting criticism that the plan favors business and the rich and could add trillions of dollars to the deficit. The proposal drew a...

  • Emmanuel Macron Sets Out Progressive Vision For EU
    Macron_sets_out_progressive_vision_for_eu 2017-09-26 16:47:29 UTC
    PARIS (Reuters) - French President Emmanuel Macron offered a sweeping vision for a renewal of Europe on Tuesday, calling for the EU to cooperate more closely on defense, immigration, tax and social policy, and for the single currency bloc to have its own budget. In a speech delivered two days ...

  • Brexit: 10,000 finance jobs will be shifted out of Britain
    Brexit-_10_000_finance_jobs_will_be_shifted_out_of_britain 2017-09-18 14:51:50 UTC
    LONDON (Reuters) - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of workers in international finance. Frankfurt was by far the m...

  • Elizabeth Warren launches investigation into Equifax breach
    Elizabeth_warren_launches_an_investigation_into_equifax_data_breach 2017-09-16 02:48:20 UTC
    WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Friday she has begun an investigation into Equifax’s massive data breach, and along with 11 other Democratic senators, introduced a bill to allow consumers to freeze their credit for free. Equifax came under increased pressure from l...

  • Medicare for All is New Litmus Test for Democratic Presidential Hopefuls
    Single_payer_medicare_for_all 2017-09-13 14:12:46 UTC
    Sarah Jones Medicare for All is becoming the new litmus test for Democratic presidential hopefuls.Cory Booker became the fifth Democratic senator to co-sponsor Bernie Sanders’s Medicare for All bill on Monday afternoon. It’s a shift for Booker, who recently told Vox’s Jeff Stein that single-pa...

  • Turkey appears to be building a military infrastructure independent of NATO
    Turkey_appears_to_be_building_a_military_infrastructure_independent_of_nato_-_putin_-_erdogan 2017-09-12 20:19:26 UTC
    Turkey has risked the anger of the United States and its fellow NATO members by signing a contract with Russia to buy a missile defense system. Turkish President Recep Tayyip Erdogan told Turkish media on Tuesday that Ankara had put down a deposit on the Russian-made S-400 missile batteries, a...