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MILAN (Reuters) -The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, Italy’s Foreign Minister Antonio Tajani said in a newspaper interview on Monday. President Donald Trump on Saturday threatened to impose a 30% tariff on …

EU ready to hit US with 21-billion-euro tariff list, Italy foreign minister says Read More »

(Reuters) -Tariff curve balls lobbed at economies and markets around the world by U.S. President Donald Trump will punctuate a week of inflation data from the U.S. and Britain as well as growth and retail sales numbers from China.  Meanwhile, earnings season is getting under way on both sides of the Atlantic and G20 finance …

Take Five: Duck and swerve Read More »

By David Lawder WASHINGTON (Reuters) -U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday and that the Fed “has a lot to answer for” on renovation cost overruns at its Washington headquarters. Hassett told ABC’s …

Hassett says White House probing Fed renovation costs, authority to fire Powell Read More »

By Leika Kihara TOKYO (Reuters) -The Bank of Japan will consider revising up this month its inflation forecast for the current fiscal year, reflecting persistent rises in rice and broader food costs, said three sources familiar with its thinking. But the central bank is seen roughly maintaining its inflation forecasts for fiscal 2026 and 2027, …

BOJ to consider revising up inflation forecast at July meeting, sources say Read More »

By Lucy Craymer WELLINGTON (Reuters) -New Zealand plans to double its international education market by 2034 by offering incentives that include relaxing rules around foreign students working part-time while studying, the government said on Monday. Education Minister Erica Stanford said in a statement that with international student enrolments steadily increasing since 2023, the government wants …

New Zealand aims to double foreign international education market by 2034 Read More »