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High noon for the ECB, Draghi at the QE Corral


FRANKFURT Not for the first time, European Central Bank President Mario Draghi is facing a tricky balancing act. | Video

Now talk nice: EU script to help May settle Brexit bill

BRUSSELS Diplomatic theatrics at last week's Brussels summit revealed how European Union leaders will coax Theresa May over the next two months into parting with tens of billions of euros in return for a post-Brexit trade deal.

11:41am EDT

UK's divorce bill figure will come in final Brexit deal: trade minister

LONDON Britain can only come up with a figure for a financial settlement with the European Union when Brexit has been agreed, trade minister Liam Fox said on Sunday, warning leaders not to believe London is bluffing over a no deal.

8:03am EDT

Britain's May wins Brexit reprieve, faces tough weeks ahead

BRUSSELS British Prime Minister Theresa May won a modest reprieve in stalled Brexit talks on Friday, with European Union leaders signaling their readiness to move the negotiations forward in the coming months. | Video

Oct 20 2017

Commentary: Middle Europe turns its back on the EU

In the Oct. 15 Austrian elections, the 31-year old head of the conservative Austrian People’s Party took his formerly languishing party to victory and secured the chancellorship for himself. Sebastian Kurz is on course to be the youngest leader in the developed world. His first big decision will be whether or not to form a coalition with the far-right Freedom Party, which came in a virtual tie for second place with the center-left Social Democrats. Kurz said in post-election interviews that his government would be “pro-European” and intolerant of any anti-Semitism, with which the Freedom Party has been strongly associated – though now softened by its present leader, Heinz-Christian Strache, who has shifted from general xenophobia to a focus on opposing Muslim migration.

Oct 20 2017

BMW raided in cartel investigation as Daimler claims immunity

MUNICH/BRUSSELS BMW's headquarters were raided by European Union officials investigating an alleged cartel among German carmakers, it said on Friday, as rival Daimler claimed whistleblower status in an effort to avoid fines.

Oct 20 2017

Britain wants Brexit accord but prepared for a 'no deal': Davis

LONDON Britain wants to reach agreement over the terms of its departure from the European Union but is prepared for a "no deal" scenario, Brexit minister David Davis said on Friday.

Oct 20 2017

EU-China at trade odds again, this time over electronic bikes

BEIJING/BRUSSELS The European Commission launched an investigation on Friday into the import of electronic bikes, or e-bikes, from China, prompting Beijing to warn Europe not to slip into protectionism.

Oct 20 2017

EU will cut some money for Turkey as ties sour

BRUSSELS The European Union will cut some of the money earmarked for Turkey to join the bloc, reflecting increasingly sour ties with Ankara but stopping short of killing membership bid of the country it still sees as a strategic partner.

Oct 20 2017

Merkel says Britain must move on Brexit bill to break deadlock

BRUSSELS German Chancellor Angela Merkel said on Friday that the European Union could only agree to enter the next phase of Brexit negotiations in December if Britain provided specific assurances about its readiness to settle financial obligations to the bloc.

Oct 20 2017

London the starting line as Adidas laces up robotic shoe run

LONDON Adidas has launched the first of six planned city-themed running shoe models in London as it capitalizes on its first Speedfactory, which it has opened in Germany and equipped with time-saving robotics. | Video

U.S. must step up support for operation against West Africa militants: France

PARIS/WASHINGTON The United States must step up its support for a planned African force to fight Islamist militants in West Africa or it could fail, leaving French troops to carry the burden alone, France's defense minister said on Friday.


Czech tycoon Babis to be named prime minister but may struggle to find partners

PRAGUE Czech President Milos Zeman said on Sunday he would name Andrej Babis prime minister, but the tycoon leader of the anti-establishment ANO party may struggle to find coalition partners despite his emphatic election win. | Video

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