British Prime Minister Teresa May, at a joint press conference with US President Donald Trump, said that Britain intends to conclude an ambitious trade deal with the United States after Brexit. Earlier, Donald Trump, repeatedly criticizing the existing trade relations of the US with the countries of the European Union, noted that duty-free trade in a number of sectors of the economy leads to a US trade deficit. At a press conference, the British prime minister said: “We agreed today that after the UK withdraws from the European Union, we will conclude an ambitious free trade agreement.”
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
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On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...
European shares fell earlier on Monday, weighed down by travel stocks after the U.K. placed a quarantine on travelers from Spain as the number of COVID-19 cases continue to surge. The pan-European STOXX index lost 0.5% at 0718 GMT. Meanwhile, ...