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UK's Boris Johnson plays down Conservative rift, NZ near top of trade deal queue

WELLINGTON Britain's Foreign Secretary Boris Johnson on Tuesday appeared to deny there was any infighting within the governing Conservative party during a visit to New Zealand, where he said the country was near the top of the queue for a trade deal post-Brexit.

Britain seeking certainty with U.S. as it Brexits: UK's Fox

WASHINGTON Britain wants to ensure business relations with the United States are not disrupted and will seek negotiations on an "ambitious" trade agreement with the United States, UK trade secretary, Liam Fox, told Trump administration officials at the launch of discussions on Monday on post-Brexit planning.

Jul 24 2017

EU increases pressure on Facebook, Google and Twitter over user terms

BRUSSELS European Union authorities have increased pressure on Facebook, Google and Twitter to amend their user terms to bring them in line with EU law after proposals submitted by the tech giants were considered insufficient.

Jul 24 2017

Euro zone business growth slows at start of second half

LONDON A slowdown in euro zone business growth at the start of the second half of 2017, alongside declining inflation pressures in a key business survey, could put paid to expectations of a stimulus clawback by the European Central Bank later this year. | Video

Jul 24 2017

Exclusive: Germany wants more EU sanctions on Russia over Siemens Crimea turbines - sources

BRUSSELS Germany is urging the European Union to add up to four more Russian nationals and companies to the bloc's sanctions blacklist over Siemens gas turbines delivered to Moscow-annexed Crimea, two sources in Brussels said.

Jul 24 2017

Britain launches fund to boost electric battery technology

BIRMINGHAM/ LONDON Britain launched a 246 million-pound ($320 million) fund on Monday to boost the development and manufacturing of electric batteries, a major growth area for the car and energy sectors.

Jul 24 2017

British lawmakers seek way for banks to keep EU access after Brexit

LONDON British lawmakers launched an inquiry on Monday into how banks and insurers could maintain access to the European Union market after Britain leaves the bloc in 2019.

Jul 24 2017

UK government to discuss Brexit implementation period later this year: minister

BIRMINGHAM, England Britain's business minister said the government will discuss later this year how a transitional period after Brexit might work, a key demand for businesses worried about a cliff-edge exit at the end of two-year talks in March 2019.

Jul 24 2017

Euro zone budget savings could complicate ECB rate hikes: Bundesbank

FRANKFURT Euro zone countries have saved nearly a trillion euros ($1.17 trillion) in debt costs since the global financial crisis and governments may now try to pressure the European Central Bank to keep borrowing costs low, the Bundesbank said on Monday.

Jul 24 2017

IMF cuts UK growth forecast, Treasury calls for smooth Brexit

LONDON Britain has suffered the biggest downgrade of economic growth projections by the International Monetary Fund for the world's rich nations this year, prompting the finance ministry to renew its call for a smooth exit from the European Union.

Jul 24 2017

Kremlin frets U.S. sanctions may hurt European projects like Nord Stream 2

MOSCOW The Kremlin said on Monday it was worried that proposed new U.S. sanctions against Moscow could hurt major investment projects with European partners, but said it was premature to say if and how it would retaliate.

Italian state plan for Colosseum gets thumbs-up after court fight

ROME Italy's top administrative court awarded victory to the government in a dispute over the management of the Colosseum amphitheatre on Monday, rejecting objections from Rome's anti-establishment mayor.

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