World News Headlines
Ethiopia appoints ambassador to Eritrea: Fana TV
ADDIS ABABA (Reuters) - Ethiopia has appointed its first ambassador to Eritrea in two decades in the latest sign of rapprochement after a border war, the state-affiliated Fana news agency said on Thursday.
G20 industry groups press governments to defend free trade
BERLIN (Reuters) - A self-styled "Global Business Coalition" of industry groups has urged the Group of 20 leading economies to counter threats to global free trade.
EU mulls coal, pharma, chemicals tariffs if U.S. hits cars: Wiwo
BERLIN (Reuters) - The European Union will consider introducing tariffs on coal, pharmaceuticals and chemical products from the United States if President Donald Trump imposes restrictions on European cars, Germany's Wirtschaftswoche magazine reported on Thursday.
Volvo juggling XC60 production to avoid U.S. tariffs - CEO
PARIS, July 19 (Reuters) - Volvo Cars
is shifting XC60 SUV production for the U.S. market to Europe from China to avoid Washington's new tariffs on Chinese imports, the Swedish carmaker said.
Asian shares struggle as trade worries offset gains from Wall Street earnings
TOKYO (Reuters) - Asian shares on Thursday struggled to hold earlier gains made after upbeat Wall Street earnings, as trade war jitters rattled China's stock and currency markets, with the yuan hitting fresh one-year lows.
Tongue-lashings from North Korea's Kim underscore shift in focus to economy
SEOUL (Reuters) - North Korean leader Kim Jong Un's strident rebukes of officials during recent trips to industrial sites were aimed at rallying support at home for his economic drive and convincing outsiders about his willingness to denuclearize.
CORRECTED-ANALYSIS-Tongue-lashings from N.Korea's Kim underscore shift in focus to economy
SEOUL, July 19 (Reuters) - North Korean leader Kim Jong Un's strident rebukes of officials during recent trips to industrial sites were aimed at rallying support at home for his economic drive and convincing outsiders about his willingness to denuclearise.
Swiss' NPB Neue Private Bank settles U.S. charges it helped clients evade taxes
ZURICH (Reuters) - A Swiss private bank has agreed to pay $5 million to settle its dispute with the United States Department of Justice over secret bank accounts used by American customers to dodge taxes, the federal agency said on Thursday.
Australian PM says Pope must sack archbishop convicted of concealing child sex abuse
SYDNEY (Reuters) - Prime Minister Malcolm Turnbull said on Thursday that Pope Francis must sack an Australian archbishop convicted of concealing child sex abuse.
SoftBank's Son says Japan is "stupid" for not allowing ride-sharing
TOKYO, July 19 (Reuters) - SoftBank Group Corp Chief Executive Masayoshi Son slammed on Thursday the Japanese government's ride-sharing ban and said the country had fallen behind overseas rivals in areas such as artificial intelligence and fintech.
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