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FTC, AT&T settle 2014 lawsuit over data slowdowns: court

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FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni (Reuters) – The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday. U.S. District Read More

Chance of world leaders reaching an agreement at G7 summit are poor

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By Dominic Waghorn, diplomatic editor It used to be a reassuring ritual. World leaders turn up at a glamorous location somewhere, agree on how to make the world better, richer or safer, and leave after issuing a heart-warming communique to that effect. How quaint. Image: Donald Trump speaking at last year’s G7 summit in Quebec Read More

Boris Johnson heading to his first international summit as PM

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By Rob Powell, political reporter Boris Johnson is heading to his first international summit as prime minister – and meetings with Donald Trump, the EU and other world leaders on the agenda. International issues such as climate change, inequality and security are likely to dominate the three-day G7 summit in the French seaside town of Read More

Brazil’s president to send army in to tackle wildfires

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Brazil’s president has signed an order deploying the military to help protect the Amazon from wildfires, a state governor in the country has said. President Jair Bolsonaro had earlier suggested troops could be sent in to battle the fires in the face of a global outcry. Antonio Denarium, the governor of the state of Roraima, Read More

Japan, U.S. reach framework trade pact, no U.S. concessions seen – Nikkei

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TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles. FILE PHOTO: Japan’s Minister of Economic Revitalization Toshimitsu Motegi speaks during the signing agreement ceremony for Read More

Japan, U.S. reach framework trade pact, no tariff cuts on Japan cars: Nikkei

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TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining tariffs on Japanese autos but Tokyo cutting tariffs on U.S. beef and pork, Japan’s Nikkei business daily said on Saturday. U.S. Trade Representative Robert Lighthizer and Economy Minister Toshimitsu Motegi reached the deal on Friday Read More

Japan, U.S. made ‘big progress’ in trade talks: Japanese minister

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WASHINGTON (Reuters) – The United States and Japan have made “big progress” in bilateral trade talks and shared the understanding of the directionality of the trade talks, Japanese Economy Minister Toshimitsu Motegi said on Friday. FILE PHOTO: Japan’s Minister of Economic Revitalization Toshimitsu Motegi speaks during the signing agreement ceremony for the Trans-Pacific Partnership (TPP) Read More

As EU threatens trade retaliation, Brazil sends army to fight Amazon fires

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BRASILIA (Reuters) – European leaders on Friday threatened to tear up a trade deal with South America, reflecting the growing international dismay and anger with Brazil as a record number of fires in the Amazon rainforest intensified the unfolding environmental crisis. Against the global chorus of condemnation, Brazilian President Jair Bolsonaro was mobilizing the army Read More

Oil spills into U.S.-China trade war, prices slump

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NEW YORK (Reuters) – China on Friday said it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand. Pumpjacks are seen during sunset at the Daqing oil field in Read More

Brazil’s president prepares to send army in to tackle wildfires

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Brazil’s president has said the the military could be sent in to battle the Amazon wildfires in the face of an international outcry. France and Ireland have threatened to block a free trade deal between the EU and a South American trading bloc unless Jair Bolsonaro takes action, while the British prime minister has said Read More