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(Reuters) -Switzerland did not make a deal with the devil by agreeing a new tariff framework with the United States, Economy Minister Guy Parmelin said on Sunday, rejecting criticism that it amounted to “surrender” in Donald Trump’s trade war. The non-binding framework trade agreement, announced on Friday, promises a lower U.S. import tariff rate of …

Swiss didn’t make a deal with the devil on US tariffs, minister says Read More »

LONDON (Reuters) -Britain’s finance minister, Rachel Reeves, is set to introduce a new levy on high-value homes in her upcoming annual budget, the Telegraph reported. Reeves is expected to need to raise tens of billions of pounds to stay on track to meet her fiscal targets in the budget, which will be announced on November …

UK’s Reeves to introduce new levy on high-value homes, Telegraph reports Read More »

(Reuters) -Former finance minister George Osborne is among a small number of candidates being considered by the HSBC Holdings board as a potential successor to Sir Mark Tucker, who stepped down as its chairman in September, said a Sky News reporter via an X post on Saturday. Osborne, who was finance minister from 2010 until …

George Osborne among candidates for HSBC chair post, Sky News reports Read More »

(Reuters) -Venture Global said on Friday that following Shell’s recent loss in arbitration over liquefied natural gas (LNG) supply claims, an International Chamber of Commerce panel has issued an award ordering Shell to pay its legal fees. “Venture Global looks forward to putting these proceeds toward our coastal restoration efforts along the Gulf of America,” a …

Shell ordered to pay Venture Global’s legal fees after arbitration loss Read More »

(Refiles to fix technical problem in 4th paragraph that caused word “planned” to appear as a hyperlink saying “News Story”) (Reuters) -Swedish defense firm Saab said on Friday it has signed a contract worth 3.1 billion euros ($3.62 billion) with the Colombian government to deliver 17 Gripen fighter jets in the next five years.  Saab will …

Saab signs $3.6 billion Gripen fighter deal with Colombia Read More »

(Reuters) -Global ratings agency Fitch upgraded Greece’s long-term foreign-curency issuer default rating by a notch to “BBB” on Friday, reflecting the country’s strong budget performance and debt reduction. “Recent fiscal outturns and 2026 budget plans underscore the government’s strong commitment to fiscal prudence,” the agency said in a statement. The Balkan nation expects its economy …

Fitch lifts Greece’s rating on strong fiscal position Read More »