PARIS, Feb 9 (Reuters) - The European Union should consider either an unprecedented 30% across-the-board tariff on Chinese goods or a 30% depreciation of the euro against the renminbi to counter a flood of cheap imports, a French government strategy report said on Monday.
Europe is facing a surge in Chinese competitive pressure, with Chinese firms gaining market share, including in industries once dominated by European countries, the report said,... (continue reading...)
BUENOS AIRES, Feb 9 (Reuters) - Argentine financial markets traded cautiously on Monday as political developments increasingly weighed on short- and medium-term investment decisions.
Investors are closely watching this week’s Senate debate over a labor reform bill promoted by libertarian President Javier Milei, as well as new regulations aimed at encouraging undeclared U.S. dollars held outside the financial system —commonly known as “mattress... (continue reading...)
WASHINGTON, Feb 9 (Reuters) - The United Auto Workers union said a Ford worker who heckled President Donald Trump during a visit last month to a Michigan auto plant was not disciplined and kept his job.
The incident prompted Trump to raise his middle finger and shout profanity toward the worker who criticized Trump's handling of the Jeffrey Epstein controversy, according to the UAW and video posted online. Trump also told worker Thomas “TJ”... (continue reading...)
By Karolos Grohmann and Lisa Richwine
MILAN/LIVIGNO, Italy, Feb 9 (Reuters) - American athletes have the right to speak their minds, double Olympic snowboarding champion Chloe Kim said on Monday, stepping into a row that has spilled from the Italian Alps into U.S. politics.
Her comments came a day after U.S. President Donald Trump labelled freestyle skier Hunter Hess a “real loser” for admitting he felt conflicted about representing his... (continue reading...)
Feb 9 (Reuters) - The U.S. Food and Drug Administration said a television advertisement for Novo Nordisk's weight-loss pill is "false or misleading," according to a letter dated February 5.
The health regulator said the television spot misleadingly suggests that Wegovy, in its pill form, offers an advancement or improvement over other weight-loss drugs that belong to the class known as GLP-1s.
"We confirm that Novo Nordisk received an... (continue reading...)
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