Business & Financial News, U.S & International Breaking News

Britain will face shortages of fuel, food and medicine if it leaves the European Union without a transition deal, according to leaked official documents reported by the Sunday Times whose interpretation was immediately contested by ministers.

Germany has the fiscal strength to counter any future economic crisis "with full force", Finance Minister Olaf Scholz said on Sunday, suggesting Berlin could make available up to 50 billion euros ($55 billion) of extra spending.

When Europe's tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad's Hat Pennsylvania Rye Whiskey.

An unnamed Novartis executive sold 925,400 Swiss francs ($946,000) worth of shares less than three weeks before the U.S. Food and Drug Administration (FDA) announced data from tests of its gene therapy Zolgensma had been manipulated.

Indian authorities reimposed restrictions on movement in major parts of Kashmir's biggest city, Srinagar, on Sunday after violent overnight clashes between residents and police in which dozens were injured, two senior officials and eyewitnesses said.

A Spanish charity operating a migrant rescue ship stranded off the coast of Italy has rejected an offer from Spain to dock in Algeciras, saying the more than 100 people on board were in an emergency situation and it would take too long to reach Spain.