Sunday 1 May 2016
 
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Merkel, Obama back EU-US free trade deal

German Chancellor Angela Merkel and US President Barack Obama said on Saturday they favoured sealing a US-European free trade agreement as it would fuel growth on both sides of the Atlantic. Merkel is expected to discuss the Trans

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Obama calls on British to stay in EU

US President Barack Obama made an impassioned appeal on Friday for Britain to remain in the European Union, saying membership had magnified Britain's place in the world and made the bloc stronger and more outward looking. Fear

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EU may propose visa-free travel for Turks

The European Union's executive said on Wednesday it will propose on May 4 granting Turks visa-free travel to the bloc from late June -- if Ankara meets the remaining conditions. A first European Commission report on implementa

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EU mulls crackdown on banks, offshore tax advisers

European Union countries should consider taking tougher measures against banks and tax advisers who help their clients to hide money offshore, an EU Commission paper says. The document will be discussed at a meeting of EU finance

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Dubai WoodShow honours EU, Canada exhibitors

Dubai WoodShow 2016, the Middle East’s Leading platform for wood and woodworking machinery, organised a networking event at The Armani hotel in Dubai. The awards were presented by Dawood Al Shezawi, the chief executive of St

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EU may require visas from Americans and Canadians

The European Union executive is considering whether to make U.S. and Canadian citizens apply for visas before travelling to the bloc in a move that could raise tensions as Brussels negotiates a free trade pact with Washington. The

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Investcorp picks expert to head EU real estate ops

Investcorp, a leading provider and manager of alternative investment products, has appointed Neil Hasson as the group's new managing director to spearhead its European real estate investment initiative. Hasson joins as the fir

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Sterling sinks as 'Brexit' drive intensifies

Sterling headed towards its biggest loss in almost six years against the dollar on Monday, hit by a rise in the odds on a "Brexit" after a handful of senior ruling Conservatives joined the campaign to leave the European Union.

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Qatar Airways CEO voices doubt about proposed EU air traffic accords

The head of Qatar Airways on Wednesday cast doubt on proposed European Union air traffic agreements that might limit Gulf carriers from flying to European destinations because of what some see as unfair subsidies. Qatar Airways ch

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UK's bid to probe Hutchison's O2 takeover rejected

EU antitrust regulators rejected on Friday a request by Britain's competition authority to examine Hutchison Whampoa's 10.3-billion-pound ($15.5 billion) bid for British mobile unit O2, saying an EU review would ensure uniform rules.

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