Brexit snags stall sterling rally, stocks drift lower
LONDON (Reuters) - Sterling faltered on Thursday and Europe's main stock markets went in and out of the red as hopes for a smooth Brexit ran into familiar Irish border snags.
China says it hopes to reach phased trade pact with U.S. as soon as possible
BEIJING (Reuters) - China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners.
U.S. tariffs threaten livelihoods of Spain's olive-farming families
PORCUNA, Spain (Reuters) - A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence of thousands of families in southern Spain who fully depend on "liquid gold", as the oil is known here.
U.S. diplomats, Congress take aim at China; Trump expects trade deal signing
WASHINGTON (Reuters) - The U.S. State Department and Congress took aim at China on Wednesday, even as President Donald Trump hailed "goodwill" between Washington and Beijing and said he expected to sign the first phase of a trade deal with President Xi Jinping next month.
Britain aiming for ambitious free trade deal with EU: Commission
BRUSSELS (Reuters) - Britain will aim to seal an ambitious free trade deal with the European Union after it has left the bloc, including zero tariffs and without quotas, the European Commission said on Thursday.
Eyeing economic growth, South Africa seeks to renegotiate old renewables projects
JOHANNESBURG (Reuters) - South Africa has started discussions with power producers to try to get cheaper electricity from some older renewable energy projects and give the economy a boost, several participants in the talks say.
Turkey's state banks help keep lira flat ahead of Pence visit
ANKARA (Reuters) - Turkey's lira was flat on Thursday as its state banks continued to squeeze offshore swap markets to support the currency, ahead of expected high-level U.S. talks in Ankara over the Turkish military incursion into northeastern Syria.
Azeri leader slams government for frequent economic forecast changes
BAKU (Reuters) - Azerbaijan's president criticized the government for changing economic forecasts frequently and obstructing reforms, state media said on Thursday, in rare open criticism of authorities as they seek to boost growth and improve the business environment.
Malaysia, Goldman discuss dropping 1MDB charges: top prosecutor to Nikkei
KUALA LUMPUR (Reuters) - Malaysia is open to more talks with Goldman Sachs
after having two rounds of discussions to drop criminal charges against three units of the bank over the 1MDB scandal, the country's top prosecutor told the Nikkei Asian Review.
South Africa endures second day of power cuts as Eskom generators still out
JOHANNESBURG (Reuters) - South Africa was hit by power cuts for a second day on Thursday as state utility Eskom said a number of generating units were still out of service and some would not be back up and running for a few days.