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EU starts retaliatory steps against U.S. tariffs

The European Commission called for industry views Friday on a list of U.S. products it will subject to import tariffs, the first step toward measures to counter planned U.S. taxes on European steel and aluminum. The European Union wants to be exempted from U.S. duties of 25 percent on steel and...

Pound recovers as world supports Britain in spy case

The British pound recovered Friday from weakness prompted by a Russian decision to expel British diplomats, as the world rallied in support for London in a crisis sparked by the poisoning of a double agent, analysts said. World stocks rose slightly at the end of a volatile week as fears...