By Marine Strauss BRUSSELS (Reuters) - In an effort to avoid EU firms and citizens relying on data from Asian and U.S rivals, the European Commission is proposing new rules to allow sharing of public and personal data with businesses and research organisations. The European Union executive hopes that this could lead to...
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LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday the European Union needed to accept the reality that Britain must control access to its waters if the two were to make progress in Brexit talks on fisheries. "Our position on fish hasn't changed. We'll only be able to make progress if the EU accepts the reality that we must...
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(Bloomberg) -- Treasury Secretary Steven Mnuchin said he has maintained close coordination with Federal Reserve Chair Jerome Powell throughout the economic downturn sparked by the pandemic, saying the central bank was aware in advance that he would bring an end to emergency facilities. “Powell and I speak multiple times a week. We would both...
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By Gabriella Borter (Reuters) - Record hospitalizations and a surging death toll failed to keep Americans from traveling a day before the Thanksgiving holiday on Thursday, raising fears that the unchecked spread under way is a prelude to further contagion at Christmastime. Daily U.S. deaths from COVID-19 surpassed 2,000 for the first time...
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Investing.com – Canada equities were higher at the close on Wednesday, as gains in the IT, Clean Technology and Materials sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite rose 0.13% to hit a new 6-month high. The biggest gainers of the session on the S&P/TSX Composite were Jamieson Wellness Inc (TSX:JWEL), which rose 7.32% or...
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By Estelle Shirbon LONDON (Reuters) - Meghan, the Duchess of Sussex, has revealed that she had a miscarriage in July, an extraordinarily personal disclosure coming from a high-profile British royal. The wife of Prince Harry and former actress wrote about the experience in detail in an opinion article published in the New York...
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PARIS (Reuters) - The French Finance Ministry has sent out notices to big tech companies liable for its digital service tax to pay the levy as planned in December, the ministry said on Wednesday. France suspended collection of the tax, which will hit companies like Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN), early this year while negotiations were underway at the Organisation for Economic...
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(Bloomberg) -- U.S. household spending rose more than expected in October while incomes declined, indicating consumers may have less wherewithal to keep driving the economy amid a surging coronavirus and lack of fresh government aid. Purchases increased 0.5% from the prior month, following a 1.2% gain in September, a Commerce Department report showed Wednesday....
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By Laurence Frost PARIS (Reuters) - For an industry that prides itself on bringing people together, it was a particular humiliation for airlines to have to resort to video conferencing for their annual industry meeting this week - and not one they are ready to repeat. Brought to their knees by the COVID-19 pandemic and struggling to convince governments to replace quarantines...
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By Yasin Ebrahim The Dow slipped Wednesday, a day after hitting an unprecedented high, as data pointing to trouble in the jobs market renewed focus on the impact of the pandemic. The Dow Jones Industrial Average fell 0.45%, or 135 points, after rising past the 30,000 level on Tuesday. The S&P 500 was down 0.12%, while the Nasdaq Composite added 0.44%. The U.S...
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