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Brexit may mean 10-yr wait for UK trade deal: USA prez

  Bloomberg President Barack Obama leaned in further on his warning to the British electorate against embracing a so-called Brexit from the European Union, saying it could take as long as 10 years before the U.K. and the U.S. negotiated a new trade agreement. “The U.K. would not be able to negotiate something with the United States faster than the ...

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EU-US trade deal to fail if US refuses concessions, says German minister

  Frankfurt / AFP Negotiations on a US-EU free trade deal “will fail” if the US refuses to make concessions, German Economy Minister Sigmar Gabriel warned on Sunday ahead of a visit by US President Barack Obama. “The Americans want to hold fast to their ‘Buy American’ idea. We can’t accept that. They don’t want to open their public tenders to ...

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630,000 cars to be recalled in Europe

  Berlin /AP Five German automakers have agreed to recall a total of 630,000 diesel vehicles in Europe following an investigation into their emissions levels, officials said. Germany’s transport minister, Alexander Dobrindt, identified the companies concerned as Mercedes, Opel Volkswagen and its subsidiaries Audi and Porsche. The move followed a probe of 53 models by Germany’s Federal Motor Transport Authority ...

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