Articles by David Milliken and William Schomberg

UK’s Confederation of British Industry Fires Director General After Probe of Complaints

The Confederation of British Industry said it had fired its director-general Tony Danker and suspended three others after an investigation into complaints of workplace misconduct at the leading business group. One of Britain’s best-known business organizations, the CBI said it …

City of London Financial Center Likely to See Most Workers Return After Pandemic

LONDON – The City of London financial center, which has resembled a ghost town since the coronavirus swept the world last year, is likely to see most workers return to their offices after the pandemic, the City’s political leader said …

Big Victory for Johnson and Conservatives Clears Way for Quick Brexit

Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years of uncertainty since the country decided to leave the bloc. Exiting the European Union, a goal Johnson has pursued relentlessly …

No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE

Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months’ time, the Bank of England said on …

EU, U.S. Leaders Launch Free-Trade Talks

The United States and the European Union launched negotiations for the world’s most ambitious free-trade deal on Monday, promising thousands of new jobs and accelerated growth on both sides of the Atlantic. Trade between Europe and the United States is …

Sidelined G7 Finance Chiefs to Discuss Financial Reforms

Some of the world’s most powerful finance chiefs will meet in an English stately home on Friday and Saturday to try to speed up banking and finance reforms, with Cyprus’ near meltdown fresh in their minds. Finance ministers and central …

Doha Round Talks on Global Trade Fail to Reach Agreement

Marathon talks for a new global trade deal collapsed Tuesday after a clash over agriculture between the United States, the world’s biggest economy, and emerging heavyweights. The breakdown came on the ninth day as the United States and India failed …

World Trade Talks Stall as Troubles Grow

Progress towards a global trade deal ground to a halt on Monday as the United States clashed with China and India over access to their rapidly growing markets and key European Union states demanded better terms. Negotiators battled over a …

Ministers Meet in Paris to Keep Trade Talks Alive

Ministers from major trading nations will try to keep struggling world talks alive today, June 5, with supporters saying a deal could help offset the global food crisis and soften the economic slowdown. Ministers from the United States, the European …