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(MENAFN - AFP) Belgium's Wallonia region on Sunday dealt a fresh blow to a proposed EU-Canada trade deal, rejecting a 24-hour ultimatum from the bloc to end its objection to the agreement.

In an embarrassment for the 28-nation EU, Belgium has so far been the only member not to sign up to the CETA trade deal, blocked by French-speaking Wallonia, which has refused to endorse ...

(MENAFN - AFP) The European Union gave Belgium a barely 24-hour ultimatum Sunday to say whether it can back an EU-Canada trade deal, warning otherwise it will cancel a summit to sign the accord with Ottawa.

In an embarrassment for the 28-nation EU, Belgium has so far been unable to sign up to the CETA trade deal because of blockage by its French-speaking region of Wallonia.

Canada's ...

(MENAFN - AFP) International banks based in Britain are readying to relocate some operations outside of the country in 2017, fearing post-Brexit uncertainty, the director of a powerful banking lobby said Sunday.

"Their hands are quivering over the relocate button," Anthony Browne, chief executive of the British Bankers' Association, wrote in The Observer newspaper.

He ...

(MENAFN - AFP) Saudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is close to an end as market fundamentals improve.

"The current down cycle is nearing an end," Falih told a joint press conference with his Russian counterpart Alexander Novak after a Gulf ministerial meeting in Riyadh.

"Market fundamentals, in terms of supply ...

(MENAFN - AFP) The European Union and Canada will decide on Monday whether to gather for a summit later this week to sign the imperilled CETA trade pact, a European source told AFP.

The source said that European Council President Donald Tusk would on Monday afternoon or evening call Belgian Prime Minister Charles Michel with "one simple question: will Belgium be in a position ...

(MENAFN - AFP) Minutes after fishermen tip him off that a ship is about to pass through Istanbul's Bosphorus, Yoruk Isik drops what he's doing and rushes to his favourite vantage point, camera in hand.

The vessel is not one of the dozens of cargo boats that pass through the strait between Europe and Asia every day. It is a Russian warship, in this case the landing ship Nikolai ...

(MENAFN - AFP) Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers

While efforts by Paris to lure financial companies from London in the wake of Britain's vote to leave the European Union have dominated the headlines, a different sort of rivalry has also been playing out.

With ...

(MENAFN - AFP) A Texan couple who discovered their love for art during a trip to Paris in the 1970s are to donate the multi-million dollar collection they have amassed since to the French capital.

Businessman Spencer Hays and his wife Marlene were in the city Saturday to formalise the first instalment of their donation -- 187 works including pieces by Edgar Degas and Amedeo ...

(MENAFN - AFP) Under a shady starfruit tree Taiwanese beekeeper Jiang Hwan-bin tends his hives, pumping out pure honey for a rapidly growing market of health-conscious consumers.

Jiang's family has been keeping bees for 80 years and he now manages 500 hives in the northwest county of Hsinchu. In total his family run around 2,000 across northern Taiwan.

A string of food ...

(MENAFN - AFP) The Marc Jacobs of Japan, singing cats and models cloaked in armour: J-pop and science fiction transformed Tokyo Fashion Week spring/summer 2017 into a style fest unlike any other.

In a world where fashion mines entertainment like never before, Japan's established and break-through labels pounced on musical hook-ups, street culture and animation to drive interest.

Here ...

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