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Brexit: Theresa May to return to Brussels for further talks

Image copyright Getty Images Prime Minister Theresa May will return to Brussels later to continue Brexit talks with the European Union. She is trying to renegotiate the Irish backstop – the insurance policy to prevent the return of customs checks on the Irish border. Mrs May is expected to request legally-binding assurances that the backstop will not extend indefinitely. However, European Commission President Jean-Claude Juncker has said he does not expect a “breakthrough” in talks. The backstop policy is part of Mrs May’s withdrawal agreement and became one of the…

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Germany still in talks on Huawei 5G network role, minister says

BERLIN (Reuters) – Germany’s government is still in talks on whether China’s Huawei will be allowed to participate in building the country’s high-speed internet infrastructure, German Economy Minister Peter Altmaier said on Tuesday. The logo of Huawei Technologies is pictured atop the German headquarters of the Chinese telecommunications giant in Duesseldorf, Germany, February 18, 2019. REUTERS/Wolfgang Rattay Asked to comment on a Wall Street Journal report saying that a preliminary decision had been made by a group of relevant ministries to allow Huawei, the world’s biggest producer of telecoms equipment,…

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Exclusive: Alibaba in talks on stake in China operations of Germany’s Metro – sources

HONG KONG/DUESSELDORF (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with Germany’s Metro about taking a stake in the German wholesaler’s China operations, three sources told Reuters on Thursday. FILE PHOTO: German retailer Metro AG sign is seen on the steps of their headquarters in Duesseldorf, Germany March 02, 2018. REUTERS/Thilo Schmuelgen/File Photo Metro and Alibaba declined to comment. The talks are at an early stage and could still fall apart, the sources said. Alibaba’s interest comes after rival Tencent last year signed a partnership deal…

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Amazon, GM in talks to invest in electric pickup truck maker Rivian: sources

(Reuters) – Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol/File Photo The deal would give Amazon and GM minority stakes in Rivian, the sources said. It would be a major boost for the Plymouth, Michigan-based…

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Exclusive: Amazon, GM in talks to invest in electric pickup truck maker Rivian – sources

(Reuters) – Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol/File Photo The deal would give Amazon and General Motors minority stakes in Rivian, the sources said. It would be a major boost for the Plymouth,…

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Technology 

Exclusive: Amazon, GM in talks to invest in electric pickup maker Rivian – sources

FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol/File Photo (Reuters) – Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that will value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter told Reuters on Tuesday. The deal would give Amazon and General Motors minority stakes in Rivian, the sources said. It would be a major boost for the…

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Brexit: Theresa May to update MPs on talks

Image copyright EPA Theresa May will update Parliament later on her latest round of Brexit talks, as she continues to try to gather backing for her deal. The PM is due to make a statement to MPs, ahead of a debate on Thursday on the next steps for Brexit. She visited Dublin and Brussels last week seeking changes to the backstop – the “insurance” policy to avoid a hard border on the island of Ireland. The EU has reiterated it will not renegotiate the withdrawal agreement. Speaking after a dinner…

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US shutdown: Parties in fresh talks as next deadline looms

Media playback is unsupported on your device Media captionNick Kwek toured the border dividing the US state of Arizona and Mexico’s Sonora Democratic and Republican negotiators are due to meet on Monday to try to reach a deal on border security and avoid another government shutdown. They remain divided on the detention of undocumented immigrants and on funding for President Donald Trump’s promised border wall with Mexico. Mr Trump accused Democrats of a making a “brand new demand” that was “crazy”. Congress has until Friday to pass legislation before the…

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US shutdown talks stall ahead of deadline

Media playback is unsupported on your device Media captionWATCH: Nick Kwek toured the border dividing the US state of Arizona and Mexico’s Sonora Talks between congressional Republicans and Democrats aimed at averting another US government shutdown have broken down without agreement. The negotiators were hoping for a deal by Monday to give Congress time to pass legislation by Friday, when last month’s federal funding deal runs out. The disagreement centres on President Donald Trump’s insistence on a bill that funds a US-Mexico border wall. The previous shutdown, lasting 35 days,…

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Newspaper headlines: ‘Soft Brexit talks’ and a Bafta queen

Newspaper headlines: ‘Soft Brexit talks’ and a Bafta queen By BBC News Staff Image caption A photo of the Duchess of Cambridge on the red carpet in an elegant white gown marks the Bafta Awards on the Times’ front page. The paper’s main story reports that Theresa May risks a Brexit split in her cabinet by opening the door to talks on Jeremy Corbyn’s customs union plan. Image caption Metro takes the opposite view of the prime minister’s intentions. “I’m Jez saying no,” says the headline over a story reporting…

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