AMSTERDAM (Reuters) – UPS is dropping its $ 7 billion bid for Dutch delivery firm TNT Express after European anti-trust regulators said they would veto it, leaving TNT’s future in doubt and almost halving the value of its shares.
WASHINGTON (Reuters) – Talks to avoid a U.S. fiscal crisis stalled on Wednesday as President Barack Obama accused opponents of holding a personal grudge against him while the top Republican negotiator called the president “irrational.”
House GOP leaders scrambled to rally their members Wednesday behind a plan to extend tax cuts on income up to $ 1 million, defying President Obama’s veto threat and setting up a showdown that could send Washington over the year-end “fiscal … Continue reading
TOKYO, Oct 13 (Reuters) – British finance minister George Osborne on Saturday blamed an effective German veto for the failure of a $ 45 billion merger between British defence firm BAE and European…
RALEIGH, North Carolina (Reuters) – North Carolina’s Republican-led legislature voted on Monday to override Democratic Governor Beverly Perdue’s veto of a law that will limit the ability of death-row prisoners to use statistical evidence of racial bias to challenge their … Continue reading
WASHINGTON (Reuters) – President Barack Obama threatened on Tuesday to veto a defense policy bill in the House of Representatives that would authorize higher Pentagon spending and tie his hands on national security issues from nuclear arms reductions to handling … Continue reading
WASHINGTON (Reuters) – The U.S. House of Representatives passed a cybersecurity bill on Thursday that would allow the government and companies to share information about hacking, but which has raised privacy concerns and a veto threat from the White House.
WASHINGTON (Reuters) – The White House said on Tuesday that President Barack Obama would veto a small business tax cut proposal by Republicans in the House of Representatives that his Democrats complain is biased toward helping the rich.
Syria’s government has been handed a “licence to kill” by Russia and China, opposition activists say, after the countries blocked a draft UN resolution.
Western nations deplore the vetoing by Russia and China of a UN resolution condemning the crackdown in Syria, as dozens are killed in Homs.