EU
EU trade deal with Britain, no unfettered state aid: Chief Brexit official
State aid rules in any future trade deal would be more stringent than with nations like Canada or Japan because of the physical proximity of the EU.
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UK lawmakers OK Johnson’s Brexit bill, pave way to exit EU
Also has to be approved by Parliament’s upper chamber.
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UK’s Johnson seeks to rule out Brexit trade pact delay
Johnson’s Conservatives won an 80-strong majority in Parliament in last week’s general election.
EU to boost measures to protect trade after WTO impasse
A proposal to change some EU trade rules will enable it to act even when the WTO can’t give a final ruling.
China’s Jingye comes to the rescue of British Steel
Rescue deal potentially protects some 4,000 jobs and safeguards a strategic asset as Britain prepares to leave the EU.
China’s Xi on investment drive in EU member Greece
China’s state-owned shipping giant Cosco controls Greece’s largest port of Piraeus, near Athens.
Bank of England keeps rates on hold ahead of UK election
The central bank appears to be waiting for more clarity over Britain’s departure from the European Union.
Europe’s specialty food makers brace for US tariffs
Tariffs on US$7.5 billion on a range of European goods were approved by the World Trade Organization as compensation for illegal EU subsidies to Airbus.
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UK, EU reach tentative Brexit deal; still needs ratification
PM Boris Johnson needs all the support he can get to push any Brexit deal past the deeply divided Parliament.
UK labour market weakening amid Brexit uncertainty
The number of people in work dropped by 56,000 in the three months to August from the previous three-month period.
UK says chances of Brexit deal slim; EU chides ‘blame game’
Boris Johnson’s office blamed EU intransigence for a breakdown in negotiations.
Boris presents new Brexit plan for Northern Ireland to UK Parliament
New proposals focus on maintaining an open border – the key sticking point.
US cleared to slap US$7.5B in tariffs on EU over Airbus case
Tariffs can take effect no earlier than mid-October because a key WTO panel needs to formally sign off on them first.
EU trade chief nominee urges US not to launch new tariff war
WTO ruled in May that Europe illegally subsidized Airbus, hurting US competitor Boeing.
European Central Bank launches new stimulus for economy
ECB has had to change its stimulus stance as the global economic outlook has grown shakier.
