World News

Brexit clarity helped Germany avert recession: German economy minister

BERLIN (Reuters) – Increased clarity about Britain’s planned departure from the European Union has helped Germany avert the danger of a recession, Economy Minister Peter Altmaier said in remarks published on Friday. Altmaier also said he expects trade tensions between the United States and the European Union to ease. Donald Trump and the European Commission […]

World News

China says case of detained Canadians turned over to prosecutors

BEIJING (Reuters) – China’s foreign ministry said on Friday that an investigation into two Canadians detained on state security charges since December last year had ended, and the case had been turned over to prosecutors. Michael Spavor and Michael Kovrig were detained in China shortly after Canadian authorities arrested Huawei Technologies Co’s [HWT.UL] Chief Financial […]

World News

Lloyds offers payments to HBOS victims after compensation rebuke

LONDON (Reuters) – Lloyds Banking Group <LLOY.L> has offered additional payments of 35,000 pounds each to 191 victims of one of Britain’s biggest banking scandals, after a review of its handling of a compensation scheme found “serious shortcomings”. Britain’s biggest mortgage lender has struggled to contain the fallout from a fraud at Halifax Bank of […]