EUROPE

Asia stocks rise as end to U.S. government shutdown buoys Wall Street, dollar steady

TOKYO (Reuters) – Asian stocks advanced on Tuesday after U.S. senators struck a deal to end a three-day government shutdown, sending Wall Street’s main indexes to record highs and keeping the dollar well supported. U.S. lawmakers passed a short-term measure on Monday to fund the federal government through Feb. 8. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose ...

Read More »

Driver who targeted London mosque was angered by Islamist attacks, TV show-prosecutor

LONDON (Reuters) – A man who drove a van into Muslim worshippers outside a mosque last June was motivated by deadly Islamist attacks in Britain and an obsession with a television account of Muslim men who targeted white girls, a London court heard on Monday. Darren Osborne, 48, also lambasted politicians, calling London Mayor Sadiq Khan a disgrace and Labour ...

Read More »

Jaguar Land Rover to cut output due to Brexit, diesel uncertainty to hit sales

LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) will temporarily reduce production at its northern English car plant in Halewood later this year in response to weakening demand due to Brexit and tax hikes on diesel cars. Jaguar Land Rover’s sales in Britain and Europe were flat in 2017 and it expects tough conditions to continue, the company’s ...

Read More »

Tesco UK to cut net 800 jobs in cost-cutting drive

LONDON (Reuters) – Britain’s biggest retailer Tesco (TSCO.L) said on Monday it will cut a net 800 jobs from its UK business in its latest move to simplify operations and achieve targeted cost savings. The supermarket group, the UK’s largest private sector employer with a staff of over 310,000, said the role of “people manager” and “compliance manager” will be ...

Read More »

Assange team hopes UK could declare him persona non grata

London (Reuters) – Julian Assange and his advisers are preparing to try to use Ecuador’s decision to grant him diplomatic status to force Britain to declare him persona non grata and expel him, a source close to Assange said. Reuters also has learnt that as part of their continuing criminal investigation of Assange and WikiLeaks, investigators from the Federal Bureau ...

Read More »

UKIP in chaos over racist messages

LONDON (Reuters) – The United Kingdom Independence Party, which transformed British politics by securing a referendum on EU membership, was close to meltdown on Monday over the fate of its leader, whose lover made racist comments about Prince Harry’s fiancee Meghan Markle. Under Nigel Farage, UKIP became a significant force in British politics by convincing the government to call a ...

Read More »

UK stocks decline as gamblers stumble on government clampdown worries

MILAN (Reuters) – British shares stumbled on Monday as strength in the pound weighed, while gambling companies suffered double-digit falls as fears of a government clampdown weighed on that sector. Shares in William Hill (WMH.L) and Ladbrokes (LCL.L) fell 11.6 percent and 7.9 percent respectively after reports that the government was set to lower the limit on betting shop terminals ...

Read More »

U.S., EU discordant notes on Jerusalem underline Mideast policy rift

JERUSALEM/BRUSSELS (Reuters) – In a fresh display of Western discord over Middle East peace efforts, the United States said on Monday its Israel embassy would move to Jerusalem by the end of 2019, while its European Union allies voiced support for East Jerusalem as capital of a Palestinian state. Vice-President Mike Pence, visiting Jerusalem, announced the timing of the move ...

Read More »

Turkey expects swift campaign against U.S.-backed Kurds in Syria

HASSA, Turkey (Reuters) – Turkey shelled targets in northwest Syria on Monday and said it would swiftly crush U.S.-backed Kurdish YPG fighters in an air and ground offensive on the Afrin region beyond its border. The three-day-old campaign has opened a new front in Syria’s multi-sided civil war, realigning a battlefield where outside powers are supporting local combatants. While Washington ...

Read More »

U.S. senators strike deal to end government shutdown

WASHINGTON (Reuters) – U.S. senators struck a deal on Monday to lift a three-day government shutdown and try to end a fight between Democrats and President Donald Trump’s Republicans over immigration and border security. Legislation to renew federal funding to the government cleared a procedural hurdle in the Senate and was expected soon to pass votes in the Senate and ...

Read More »