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Small electric cars may be unaffordable for some: VW chairman to newspaper

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FILE PHOTO: Hans Dieter Poetsch, Chairman of the Volkswagen's supervisory board, speaks during the Volkswagen Group's annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel SchmidtBERLIN (Reuters) - The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman…
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EU must approve Siemens/Alstom deal, says French finance minister

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FILE PHOTO: French High Speed Train (TGV) made by French train maker Alstom stops next to a German High Speed Train (ICE) made by Siemens at Munich's railway station June 16, 2014. REUTERS/Lukas Barth/File PhotoPARIS (Reuters) - The European Union must approve the tie-up between Germany’s Siemens (SIEGn.DE) and French group Alstom (ALSO.PA), said French…
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Exclusive: U.S. demands regular review of China trade reform

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BEIJING/WASHINGTON (Reuters) - The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations.…
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Qatar emir to attend Beirut's Arab economic summit

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BEIRUT (Reuters) - Qatar’s emir will visit Beirut on Sunday for an Arab economic summit which has been marred by regional rifts and internal Lebanese disputes even before it began. FILE PHOTO: Amir of Qatar Sheikh Tamim bin Hamad bin Khalifa Al-Thani speaks during Doha Forum in Doha, Qatar, December 15, 2018. Qatar News Agency/Handout…