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EU ministers fail to break digital tax deadlock

BRUSSELS (Reuters) – European Union finance ministers failed to agree a tax on digital revenues on Tuesday, despite a last minute Franco-German plan to salvage the proposal by narrowing its focus to firms like Google (GOOGL.O) and Facebook (FB.O). An activist wearing a mask depicting Facebook’s CEO Mark Zuckerberg demonstrates during the European Union finance […]

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EU’s Moscovici urges digital tax deal in March

European Commissioner for Economic and Financial Affairs Pierre Moscovici reacts during a news conference in Brussels, Belgium, November 21, 2018. REUTERS/Yves Herman BRUSSELS (Reuters) – The European Union commissioner in charge of taxation urged on Tuesday EU countries to reach a deal on a common tax on digital revenues of large companies in March. After […]

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Ireland still concerned about EU digital tax despite new proposal – minister

FILE PHOTO: Ireland’s Minister for Finance Paschal Donohoe displays a copy of the 2019 budget on the steps of Government Buildings in Dublin, Ireland October 9, 2018. REUTERS/Clodagh Kilcoyne/File Photo BRUSSELS (Reuters) – Ireland’s finance minister poured cold water Tuesday on a new Franco-German proposal for a European tax on companies’ digital revenues, saying it […]

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May suffers setbacks as Brexit debate starts in parliament

LONDON (Reuters) – Prime Minister Theresa May suffered embarrassing defeats on Tuesday at the start of five days of debate over her plans to leave the European Union that could determine the future of Brexit and the fate of her government. Britain’s Prime Minister Theresa May leaves 10 Downing Street, London, Britain, December 4, 2018. […]

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Former foreign secretary Johnson says hopes that parliament votes down government’s Brexit deal

FILE PHOTO: Boris Johnson addresses delegates at a Conservative Home fringe meeting on the third day of the Conservative Party Conference in Birmingham, October 2, 2018. REUTERS/Toby Melville LONDON (Reuters) – Former foreign secretary Boris Johnson said on Tuesday he hoped parliament would vote against the government’s Brexit deal, calling it a national humiliation that […]

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Sterling touches 17-month low as May suffers new Brexit setbacks

LONDON/NEW YORK (Reuters) – Sterling briefly swooned to a 17-month low on Tuesday, before recovering ground to trade little-changed on the day, in a volatile session dominated by Brexit-related headlines. FILE PHOTO: Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. […]

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Corbyn – Brexit deal is a leap in the dark

FILE PHOTO: Jeremy Corbyn, leader of the Labour Party, speaks at the Confederation of British Industry’s (CBI) annual conference in London, Britain, November 19, 2018. REUTERS/Toby Melville LONDON (Reuters) – The leader of the Labour Party, Jeremy Corbyn, said on Tuesday that the government’s proposed Brexit deal was a leap in the dark, and that […]

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Don’t let search for perfect Brexit stop deal – May

Britain’s Prime Minister Theresa May leaves 10 Downing Street, London, Britain, December 4, 2018. REUTERS/Henry Nicholls LONDON (Reuters) – Prime Minister Theresa May said on Tuesday the Brexit deal she needs parliament to approve was not perfect but was the best one possible without risking a no-deal Brexit or no exit from the European Union […]

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Trump says if no China trade deal possible, ‘I am a Tariff Man’

WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday held out the possibility of an extension of the 90-day trade truce with China but warned he would revert to tariffs if the two sides could not resolve their differences. FILE PHOTO: U.S. President Donald Trump, U.S. Secretary of State Mike Pompeo, U.S. President Donald Trump’s […]

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Tech giants in spotlight as EU lawmakers consider strong action

BRUSSELS (Reuters) – Google (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O) and other tech giants face one of their biggest challenges this week as a key EU lawmaking committee prepares to take a tough stance on legislation designed to curb their power and boost the rights of businesses. A Google sign is seen during the China International […]

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Top U.S. senators briefed by CIA blame Saudi prince for Khashoggi death

FILE PHOTO: Saudi Arabia’s Crown Prince Mohammed bin Salman arrives in Algiers, Algeria December 2, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS WASHINGTON (Reuters) – Leading U.S. senators said on Tuesday they were more certain than ever that Saudi Crown Prince Mohammed bin Salman was culpable in the killing of journalist Jamal Khashoggi […]

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Brexit backstop is no trap for UK – May

Britain’s Prime Minister Theresa May leaves 10 Downing Street, London, Britain, December 4, 2018. REUTERS/Henry Nicholls LONDON (Reuters) – Prime Minister Theresa May said on Tuesday that a key backstop clause of her Brexit deal with the European Union, which is opposed by many MPs in her Conservative Party, was not a trap for Britain. […]

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As Brexit debate starts, May suffers damaging setbacks

LONDON (Reuters) – Prime Minister Theresa May suffered embarrassing blows on Tuesday at the start of five days of debate over her plans to leave the European Union that could determine the future of Brexit and the fate of her government. Britain’s Prime Minister Theresa May leaves 10 Downing Street, London, Britain, December 4, 2018. […]

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U.S. gives Russia 60 days to comply with nuclear treaty

U.S. Secretary of State Mike Pompeo attends a news conference during the NATO foreign ministers’ meeting at the Alliance’s headquarters in Brussels, Belgium, December 4, 2018. REUTERS/Yves Herman BRUSSELS (Reuters) – The United States delivered Russia a 60-day ultimatum on Tuesday to come clean about what Washington says is a violation of a arms control […]

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May’s government loses contempt vote over Brexit legal advice

LONDON (Reuters) – Prime Minister Theresa May’s government was found in contempt of parliament on Tuesday for refusing to release its full legal advice on Brexit, underlining the depth of opposition among MPs to her deal on leaving the European Union. Britain’s Prime Minister Theresa May leaves 10 Downing Street in London, Britain, December 3, […]

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Brexit debate is corrosive, new referendum would make it worse – May

Britain’s Prime Minister Theresa May leaves 10 Downing Street, London, Britain, December 4, 2018. REUTERS/Henry Nicholls LONDON (Reuters) – Prime Minister Theresa May said on Tuesday the debate about Brexit was corrosive and divisions would be worsened if the government held a new referendum on the country’s membership of the European Union. “This argument has […]

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Brexit campaigner Nigel Farage quits UK Independence Party

FILE PHOTO: Pro Brexit supporter and ex-leader of UKIP, Nigel Farage, reacts at a ‘Leave Means Leave’ rally, on the first day of the Conservative Party Conference in Birmingham, Britain September 30, 2018. REUTERS/Darren Staples LONDON (Reuters) – Brexit campaigner Nigel Farage said on Tuesday he was leaving the United Kingdom Independence Party, the Telegraph […]

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May suffers damaging setbacks as Brexit debates start

LONDON (Reuters) – Prime Minister Theresa May suffered embarrassing blows on Tuesday at the start of five days of debate over her plans to leave the European Union that could determine the future of Brexit and the fate of her government. Britain’s Prime Minister Theresa May leaves 10 Downing Street, London, Britain, December 4, 2018. […]

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OPEC has problems with some oil producers, reasons for Qatar’s exit must be examined – Iran oil minister

FILE PHOTO: Iran’s Oil Minister Bijan Zanganeh arrives for an OPEC meeting in Vienna, Austria, June 22, 2018. REUTERS/Heinz-Peter Bader/File Photo GENEVA (Reuters) – OPEC has problems with some oil producers, and the reasons for Qatar’s exit from the organisation must be examined, Iranian Oil Minister Bijan Zanganeh said on Tuesday, according to the Islamic […]

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Russia in ‘material breach’ of nuclear arms treaty – NATO statement

NATO’s Secretary General Jens Stoltenberg, Germany’s Foreign Minister Heiko Maas, U.S. Secretary of State Mike Pompeo, Turkish Foreign Minister Mevlut Cavusoglu, Spain’s Foreign Minister Josep Borrell pose for a family photo opportunity at the NATO foreign ministers’ meeting at the Alliance’s headquarters in Brussels, Belgium, December 4, 2018. REUTERS/Yves Herman BRUSSELS (Reuters) – NATO formally […]