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Ahmad Tariq

World Published 18 Sep, 2020 06:40pm

EU plans to crack down on racism in 'moment of reckoning'

EU plans to crack down on racism in 'moment of reckoning'
BRUSSELS (Reuters) - The European Commission pledged on Friday to take tougher action against member states failing to fully implement EU anti-racism laws, in a move reflecting global outrage at police violence against African Americans in the United States.
Business Published 18 Sep, 2020 03:12pm

UK retail rebounds in bright spot for COVID-hit economy

UK retail rebounds in bright spot for COVID-hit economy
LONDON (Reuters) - British shoppers spent more last month, taking sales further above pre-COVID levels, as strong online demand helped much of the sector rebound faster than the rest of the economy.
World Published 18 Sep, 2020 03:10pm

French city of Nice tightens coronavirus curbs as cases soar

French city of Nice tightens coronavirus curbs as cases soar
PARIS (Reuters) - The city of Nice on the French Riviera will ban gatherings of more than 10 people in public spaces and tighten rules on alcohol consumption outdoors as it seeks to curb COVID-19 infections that are soaring in the region, local authorities said on Friday.
Business Published 18 Sep, 2020 03:07pm

What are the Fed's new hurdles for rate hikes? Only the Fed knows

What are the Fed's new hurdles for rate hikes? Only the Fed knows
(Reuters) - The U.S. Federal Reserve on Wednesday effectively established a three-part test that must be met before it will raise interest rates: the economy must be at “maximum employment,” inflation must have “risen to 2 percent” and it must be “on track to moderately exceed 2 percent for some time.”
Business Published 17 Sep, 2020 12:46pm

European new car sales fall by 17.6% year-on-year in August: ACEA

European new car sales fall by 17.6% year-on-year in August: ACEA
BERLIN (Reuters) - European car registrations dropped in July and August but not as steeply as in previous months, industry data showed on Thursday, pointing to a slow recovery in Europe’s auto sector that was hit hard by the coronavirus crisis.
Business Updated 17 Sep, 2020 12:42pm

OPEC+ panel to meet amid oil price decline

OPEC+ panel to meet amid oil price decline
DUBAI/LONDON/MOSCOW (Reuters) - OPEC and allies, led by Russia, are scheduled to hold an online meet on Thursday to discuss compliance with their agreed output cuts and demand trends amid falling oil prices and a faltering economic recovery outlook.
Business Published 15 Sep, 2020 01:44pm

UK jobless rate rises for first time since COVID-19 lockdown

UK jobless rate rises for first time since COVID-19 lockdown
LONDON (Reuters) - Britain’s unemployment rate rose for the first time since the coronavirus lockdown began in March but data published on Tuesday also suggested the increase in joblessness was, so far at least, not surging.
Business Published 15 Sep, 2020 01:43pm

German hospitality industry still far below pre-crisis revenues

German hospitality industry still far below pre-crisis revenues
BERLIN (Reuters) - The German hotel and restaurant industry in July further recovered from its slump caused by the coronavirus pandemic, but sales were still down more than a quarter when compared to pre-crisis levels, the statistics office said on Tuesday.
World Published 15 Sep, 2020 01:37pm

Trump and Biden clash over U.S. wildfires as campaign turns to climate change

Trump and Biden clash over U.S. wildfires as campaign turns to climate change
WILMINGTON, Del./MCLELLAN PARK, Calif. (Reuters) - Joe Biden branded President Donald Trump a “climate arsonist” on Monday for refusing to acknowledge global warming’s role in deadly wildfires sweeping the western United States, while Trump blamed lax forestry and declared, “I don’t think science knows.”
Business Published 14 Sep, 2020 08:18pm

'We won't be played', EU tells China's Xi

'We won't be played', EU tells China's Xi
BRUSSELS (Reuters) - The European Union’s chairman told Chinese President Xi Jinping on Monday that the bloc would no longer be taken advantage of and demanded a fairer relationship in trade.
Business Published 14 Sep, 2020 07:24pm

Oil steady as demand concerns rise, Libya output looms

Oil steady as demand concerns rise, Libya output looms
LONDON (Reuters) - Oil prices slipped slightly on Monday amid concerns about a stalled global economic recovery and with Libya poised to resume production, but were supported by an impending storm which has disrupted U.S. oil output.