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Britain should not expect special deal on Brexit, says Italian PM

  London / AFP Italian Prime Minister Matteo Renzi on Thursday said Britain should not expect special treatment in Brexit talks, as the British trade minister warned the EU would hurt itself if it imposed tariffs. Renzi’s comments are the latest from a European leader to highlight the tough stance Britain is likely to face when trying to negotiate access ...

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US sharply upgrades 2nd quarter growth to 1.4%

  Washington / AFP The US economy grew faster than originally thought in the second quarter of this year, with Commerce Department figures released on Thursday showing a 1.4 percent annual rate. The previous estimate had been a gloomier 1.1 percent. Thursday’s figures surpassed an analyst consensus, which had called for a revision to 1.3 percent. In releasing the new ...

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German inflation surges to 16-month high in September

  Frankfurt / AFP German inflation in September jumped to its highest level since May 2015, data showed Thursday, in welcome news for the European Central Bank’s efforts to boost prices with a massive stimulus programme. Inflation rose by 0.7 percent this month compared to the year before, according to preliminary figures from Germany’s federal statistics office Destatis. The figure ...

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