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Lower Saxony premier urges agreement on VW restructuring before board meeting

Lower Saxony premier urges agreement on VW restructuring before board meeting

BERLIN, Aug 29 (Reuters) - One of the main players in a struggle to agree a restructuring plan for Volkswagen AG, Lower Saxony state Premier Olaf Lies, said there was heavy pressure on all sides to reach an agreement in the next few days.

War weighs on Iran's economy as US intensifies sanctions

War weighs on Iran's economy as US intensifies sanctions

By Eman Abouhassira and Yasmine Ghania DUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35% due to the

German industry presses Merz for tougher China policy

German industry presses Merz for tougher China policy

By Maria Martinez and Rachel More BERLIN, Aug 28 (Reuters) - German industry is increasing pressure on Chancellor Friedrich Merz to take a tougher line with Beijing, with companies calling for stronger action to address what they describe as unfair competition from Chinese rivals.

Waymo is bringing robotaxis to the country that invented cars

Waymo is bringing robotaxis to the country that invented cars

The country that gave the world the automobile is about to import the driver.

European shares fall as Nvidia boost fails to offset sectoral weakness

European shares fall as Nvidia boost fails to offset sectoral weakness

By Tharuniyaa Lakshmi Aug 27 (Reuters) - European shares edged lower on Thursday as a Nvidia-fuelled rally in technology stocks was not enough to offset broader market weakness. The pan-European STOXX 600 was down 0.4% at 653.77 points, as of 0843 GMT.

Europe's STOXX 600 slides as France's fiscal, election risks rattle investors

Europe's STOXX 600 slides as France's fiscal, election risks rattle investors

By Tharuniyaa Lakshmi and Utkarsh Hathi Aug 27 (Reuters) - European shares had their worst day in a month, with French blue-chip stocks sliding to a one-month low over worries about fiscal and political uncertainty ahead of the first presidential debate before next year's election.

65 Americans remain missing after deadly Nepal flash flood

65 Americans remain missing after deadly Nepal flash flood

More than 1,000 people are missing after the Nepal flash floods, including 65 U.S. citizens. Two Americans, a woman, 52, and a man, 55, were rescued.

Trump used to say he saw a quick end to his Iran war. Six months later, he claims he's in no hurry

Trump used to say he saw a quick end to his Iran war. Six months later, he claims he's in no hurry

President Donald Trump marks an awkward moment in his second White House term as the U.S.-Israel conflict with Iran reaches the six-month mark

Trump says the U.S. is not talking with Iran as economic war in focus

Trump says the U.S. is not talking with Iran as economic war in focus

WASHINGTON, Aug 27 (Reuters) - President Donald Trump said on Thursday that the United States is not talking with Iran as Washington focuses on punishing Tehran economically, vowing to penalize countries that do business with the Islamic Republic. "We don't want to speak to them.

Isar Aerospace secures 200 million euros from European Space Agency

Isar Aerospace secures 200 million euros from European Space Agency

By Maria Rugamer Aug 27 (Reuters) - German rocket startup Isar Aerospace has secured about 200 million euros ($233 million) from the European Space Agency (ESA) under a programme aimed at boosting Europe's launch industry, the company said on Thursday.

German unemployment rises slightly less than expected in August

German unemployment rises slightly less than expected in August

BERLIN, Aug 28 (Reuters) - The number of unemployed people in Germany rose slightly less than expected in August, labour office figures showed on Friday.

How Shein had to make peace with China to finally go public

How Shein had to make peace with China to finally go public

Aug 28 (Reuters) - When Shein makes its market debut on Tuesday, it will be in Hong Kong and not New York or London like it once dreamed — symbolic of the long journey the fast-fashion online retailer has had to make to embrace its identity as a Chinese company.