By Sara Rossi VERONA, Italy (Reuters) -The outlook for Prosecco, Brunello di Montalcino and other Italian wines in the United States is increasingly gloomy, producers and importers said, following President Donald Trump’s imposition of a 20% tariff on European imports. Italy exports more wine to the U.S. than any other country. Last year, it sold …
Trump’s 20% tariff casts shadow over Italian wine exports Read More »
By Steven Scheer JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu said on Sunday he hopes U.S. President Donald Trump will ease tariffs imposed on Israel when the two meet in Washington this week. Under a sweeping new tariff policy announced by Trump, Israeli goods face a 17% U.S. tariff. The U.S. is Israel’s closest …
Netanyahu says will seek relief from tariffs in meeting with Trump Read More »
ROME (Reuters) – Italian Prime Minister Giorgia Meloni pledged on Sunday to shield businesses that suffered damage from the tariffs imposed by U.S. President Donald Trump. Meloni is facing a diplomatic balancing act as she is an ally of Trump but must also defend an Italian export sector that would suffer because of the planned …
Italy’s Meloni pledges to support businesses hurt by Trump tariffs Read More »
By Tassilo Hummel COGNAC, France – Christophe Fillioux’s family estate in the cognac region of southwest France has survived for five generations, through wars and financial crises. Now, though, he has started to tear up some of his vineyards by the roots. U.S. President Donald Trump’s decision this week to slap 20% tariffs on all …
France’s cognac makers, buffeted by trade wars, reel from Trump’s tariffs Read More »
LONDON (Reuters) – British Prime Minister Keir Starmer said on Saturday he was ready to step in to help “shelter” the country’s businesses from the fallout from U.S. President Donald Trump’s new tariff policies, mooting state intervention for the worst-affected industries. “We stand ready to use industrial policy to help shelter British business from the …
UK PM Starmer ready to ‘shelter’ businesses from tariff storm Read More »
MILAN (Reuters) – Leading governance adviser Institutional Shareholder Services (ISS) has recommended Generali investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24. Donnet has been put forward as a candidate by the insurer’s main investor Mediobanca. ISS recommended voting for Mediobanca’s slate of board nominees, and against two …
Generali investors should vote to keep CEO in the job, proxy adviser ISS says Read More »
PARIS (Reuters) – France could see a 0.5 percentage point reduction in gross domestic product growth as a result of U.S. President Donald Trump’s tariff policies, Prime Minister Francois Bayrou said in an interview on Saturday. “Trump’s policies could cost us more than 0.5% of our GDP,” Bayrou said, according to excerpts published in an …
Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says Read More »
LONDON (Reuters) -Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump’s 25% tariff. Jaguar Land Rover, which is owned by India’s Tata Motors, confirmed the temporary export suspension after the Times …
UK’s Jaguar Land Rover to pause shipments to US over tariffs Read More »
CERNOBBIO, Italy (Reuters) – The euro zone economy’s long standing structural headwinds have been exacerbated by a surge in uncertainty which may get even worse in the wake of U.S. trade tariffs, European Central Bank policy maker Isabel Schnabel said on Saturday. Speaking at an economic forum in northern Italy, Schnabel said the ECB would …
ECB’s Schnabel says ‘dramatic surge’ in uncertainty may get worse Read More »
(Reuters) -The UK arm of Spain’s Banco Santander is lining up Tom Scholar, the former permanent secretary to the Treasury, as the company’s next chairman, Sky News reported on Saturday citing insiders. The company’s board chair William Vereker announced his intention to step down in late January this year. Santander UK did not confirm if …
Santander UK lines up ex-Treasury chief Tom Scholar as new chair, Sky News reports Read More »
