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UK car output jumps 27% in may from year earlier on steady EV demand
Date: June 30, 2023
UK car output jumps 27% in May from year earlier on steady EV demand (Reuters) – Britain’s car production rose for a fourth straight month in May, driven by higher demand for electric vehicles, according to an industry body. The Society of Motor Manufacturers and Traders (SMMT) said on Friday a total of 79,046 cars...
UAE plans long-term economic ties with Israel despite political strains
Date: April 4, 2023
By Rachna Uppal and Lisa Barrington DUBAI (Reuters) -The United Arab Emirates’ commitment to a long-term strategic relationship with Israel should survive political turbulence, analysts say, after one of the most right-wing governing coalitions in Israel’s history prompted widespread anger. A series of recent moves and comments by Prime Minister Benjamin Netanyahu’s government has infuriated...
UK’s sunak expresses optimism on U.S. economic ties without talking trade deal
Date: November 16, 2022
NUSA DUA, Indonesia (Reuters) -British Prime Minister Rishi Sunak expressed optimism on Wednesday that Britain and the United States could deepen their economic relationship but he said he had not spoken specifically about a trade deal with U.S. President Joe Biden. London once viewed a free trade deal with the United States as the one...
U.S., Ukraine agree to launch talks to upgrade 2008 trade accord
Date: November 10, 2022
WASHINGTON (Reuters) – The United States and Ukraine announced on Wednesday that they will launch negotiations to upgrade a bilateral 2008 trade and investment accord to support Ukraine’s efforts to establish a more transparent and predictable business environment. In a joint statement issued after the 11th meeting of the U.S.-Ukraine Trade and Investment Council, the...
EU, U.S. eye level playing field for EU electric cars in U.S. market
Date: October 14, 2022
WASHINGTON (Reuters) -European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to avoid what the EU calls discrimination against its producers by the U.S. Inflation Reduction Act. The EU says that while it allows government tax...
South African president ramaphosa to make state visit to UK
Date: October 3, 2022
LONDON (Reuters) – South African President Cyril Ramaphosa will make a state visit to Britain, Buckingham Palace said on Monday, the first such visit since King Charles succeeded his late mother Queen Elizabeth last month. Ramaphosa and his wife, Tshepo Motsepe, have accepted an invitation from the new British monarch for the Nov. 22-24 state...