LONDON (Reuters) – Ratings agency Moody’s downgraded Britain’s credit rating by a further notch on Friday, saying the government’s plans to fix the public finances had been knocked off course and Brexit would weigh on the economy. A few hours after Prime Minister Theresa May set out plans for a new relationship with the European
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WASHINGTON (Reuters) – Protesters at Howard University chanted and booed on Friday through James Comey’s first public address since he testified to Congress about his firing by U.S. President Donald Trump, challenging the former FBI director with a taste of the “real world” he was trying to describe to them. Students protesting the Federal Bureau
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BOSTON (Reuters) – A former Akebia Therapeutics Inc (AKBA.O) employee accused of insider trading was re-arrested on Friday after violating a bail condition as a prosecutor who once called him “increasingly unhinged” said he would seek the man’s detention pending trial. Schultz Chan, the former director of biostatistics at the Cambridge, Massachusetts-based biopharmaceutical company, had
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FLORENCE, Italy (Reuters) – Prime Minister Theresa May set out a plan on Friday to retain full access to the EU’s single market for two years after Brexit to try to reassure business and reset the tone of stalled negotiations with Brussels. But her proposals for such a transition, for meeting Britain’s financial obligations and
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(Reuters) – Tiger Woods is not hitting full shots and has no timetable for his return to competitive golf after undergoing his fourth back surgery in April, the former world number one said on Friday. In a wide-ranging post on his website that included thoughts about those affected by recent hurricanes and the earthquake in
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(Reuters) – U.S. Education Secretary Betsy DeVos said on Friday her department was issuing new interim guidelines to colleges on how to handle sexual assault allegations, rescinding Obama administration rules that it said treated the accused unfairly. Earlier in September, DeVos, a controversial advocate of school choice appointed by President Donald Trump, had called for
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LONDON (Reuters) – London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world’s wealthiest cities. The capital’s transport regulator said the Silicon Valley
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LONDON (Reuters) – Germany’s Volkswagen (VOWG_p.DE) is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars. Cobalt industry sources told Reuters that VW, the world’s largest automaker, has asked producers to submit proposals on supplying the material for up to 10
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LONDON: London transport authorities announced Friday they would not renew Uber’s licence to operate in the city when it expires on September 30 over public safety concerns, although it has three weeks to appeal. Transport for London said the conduct of the ride-hailing app, which has around 25,000 drivers operating in the British capital, had
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FLORENCE, Italy (Reuters) – Expatriate Britons gathered in Florence on Friday to voice their frustration at how Brexit will impact them, awaiting the British prime minister’s arrival in the Italian city to set out her vision for future ties with the European Union. May will try to rescue the stalled talks over terms for Britain’s
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(Reuters) – Four-times major winner Rory McIlroy believes the PGA Tour will eventually merge with the European Tour as it is “counter-productive” for them to compete against each other. The Northern Irishman said one way of achieving a unified circuit would be if the U.S.-based circuit bought the European Tour and continued to run its
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LONDON (Reuters) – Iran will strengthen its missile capabilities and will not seek any country’s permission, President Hassan Rouhani said on Friday in a snub to demands from U.S. President Donald Trump. Rouhani was speaking at a military parade where an Iranian news agency said one of the weapons on display was a new ballistic
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CATANO, Puerto Rico (Reuters) – Wading through highways swamped by turbid waters that sloshed over scattered, sunken belongings, residents of this Puerto Rican barrio flooded by Hurricane Maria have begun emerging from their shattered homes. Lying southwest of the capital San Juan, the Juana Matos neighborhood in Catano municipality took a huge hit from Maria
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SYDNEY/TOKYO (Reuters) – Apple Inc’s (AAPL.O) launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of people usually gather at Apple’s Sydney city store with queues winding down the town’s main street, George
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