News

Brexit divorce deal thrusts UK PM May into biggest crisis of premiership

Guy Faulconbridge and Costas Pitas, Reuters
Posted at Nov 16 04:26 PM

More than 2 years since the United Kingdom voted to leave the EU in a shock referendum, it is still unclear how, on what terms or even if it will leave the EU as planned on March 29, 2019. Read more »

Wall Street rallies but Brexit roils pound, European markets

Agence France-Presse
Posted at Nov 16 08:10 AM

The benchmark Dow snapped a 4-day losing streak while the S&P 500 and Nasdaq both added more than 1 percent. Read more »

Britain agrees Brexit divorce deal with EU

Guy Faulconbridge and Elizabeth Piper, Reuters
Posted at Nov 14 07:46 AM

While Brussels choreographs the first withdrawal of a sovereign state from the EU, May, a far from secure leader hemmed in by opponents in government and her own Conservative party, must now try to get the deal approved by her cabinet and, in the toughest test of all, by parliament. Read more »

Brexit in dates: From Leave vote to draft deal

Agence France-Presse
Posted at Nov 14 07:22 AM

Here are the milestones on Britain's rocky road out of the European Union.   Read more »

Oil's plunge knocks wind out of Wall Street

Agence France-Presse
Posted at Nov 14 07:14 AM

Global equities markets offered a mixed picture but were mostly higher despite headwinds from Brexit talks and Italy's budget talks. Read more »

British PM eyes Brexit endgame, but not at any cost

Agence France-Presse
Posted at Nov 13 08:21 AM

British Prime Minister Theresa May said Monday that negotiators were working through the night to get a Brexit deal with the EU but vowed it would not be "an agreement at any cost." Read more »

EU states agree draft tariff rates on WTO quotas post-Brexit

Reuters
Posted at Oct 31 08:59 PM

EU ambassadors agreed on Wednesday draft tariff rates that the bloc will apply to quotas of imported goods after Britain leaves the European Union, the EU said in a statement. Read more »

A tale of 2 islands: Brexit blues hit Caribbean cousins

Amandine Ascensio, Agence France-Presse
Posted at Oct 30 04:32 PM

Five miles (eight kilometers) of turquoise sea separate the British overseas territory of Anguilla from Saint Martin, a larger island split between two European Union states: France in the northern half and the Dutch-run south. Read more »

Britain to issue new 50 pence coin in honor of Brexit

Agence France-Presse
Posted at Oct 30 09:07 AM

Turkish President Recep Tayyip Erdogan has championed the 10.5-billion euro ($12-billion) project in his bid to make Istanbul a global travel hub linking Europe, Asia and Africa and turn flag carrier Turkish Airlines into an aviation giant.   Read more »

Britain's RBS sets $128 million aside to cover Brexit uncertainty

Emma Rumney and Lawrence White, Reuters
Updated as of Oct 26 03:55 PM

The provision means RBS is concerned that its customers might become less able to pay their debts when Britain leaves the European Union in five months' time. RBS is the first big UK bank to put money aside for this eventuality. Read more »

EXPLAINER: How the Brexit deal is shaping up

Alastair Macdonald, Reuters
Posted at Oct 24 03:27 PM

The stumbling block seemed to be British Prime Minister Theresa May calculating that an EU demand for a special "backstop" clause for Northern Ireland could not win support from her own party and allies in parliament -- at least not just for the moment. Read more »

UK's May tries to calm Brexit rebels, says deal almost done

Kylie MacLellan and William James, Reuters
Posted at Oct 23 10:05 AM

After facing some of the fiercest attacks to date over her Brexit plans since again failing to clinch a deal at an EU summit last week, May tried to calm passions in parliament where her strategy has angered eurosceptics and EU supporters alike. Read more »

UK bids adios to Spanish nurses 'betrayed' by Brexit

Anna Cuenca, Agence France-Presse
Posted at Oct 22 12:03 PM

Spain represents the second highest number of National Health Service nurses from the EU behind Ireland, but many workers have decided to leave Britain after it decided in a 2016 referendum to leave the bloc. Read more »

Bullish City of London stays confident as Brexit nears

Patrice Novotny, Agence France-Presse
Posted at Oct 22 11:07 AM

London's powerhouse financial district fretted over a brain drain when the country voted for Brexit, but its leading players are now convinced of one thing: the City will win. Read more »

PM Theresa May presses EU on Brexit but offers no new plans

Alice Ritchie and Damon Wake, Agence France-Presse
Posted at Oct 18 04:05 AM

May was apparently "not against" the idea of accepting a one-year extension in the transition period after Brexit to take the heat out of the issue. Read more »

Brexit deal vital to European security: London

Agence France-Presse
Posted at Oct 15 09:12 AM

Securing a Brexit deal will be vital for European security, British Foreign Secretary Jeremy Hunt said Monday, ahead of a week of crucial talks.  Read more »

'No-deal' Brexit? Britain sets out the damage for consumers and business

Andy Bruce and Kylie MacLellan, Reuters
Posted at Sep 13 09:14 PM

Britain published new advice to businesses and the public on Thursday about how to cope with the disruption that leaving the European Union without a divorce deal would cause to everything from data protection to driving licences. Read more »

UK PM vows no compromise on Brexit plan as opposition grows

Agence France-Presse
Posted at Sep 02 07:57 AM

British Prime Minister Theresa May vowed Sunday to stand by her blueprint for future trade ties with the European Union, amid fierce opposition from Brexiteers and doubts from the bloc.  Read more »

Panasonic to move UK headquarters on Brexit fears

Agence France-Presse
Posted at Aug 30 12:22 PM

The decision to move to Amsterdam was sparked by fears Japan could treat Britain as a tax haven after Brexit if London decides to lower its corporate tax rate in a bid to attract businesses, she said. Read more »

Brexit nightmare: Video game shows grim vision of life after EU

Kilian Fichou, Agence France-Presse
Posted at Aug 25 06:00 PM

Set in a dystopian post-Brexit Britain, a new video game follows the struggles of a bouncer of foreign ancestry in a world of xenophobia and immigrant camps, but gamers are divided over its message. Read more »