Tag "Brexit"

Prime Minister Theresa May said the U.K.’s financial sector should be optimistic about the outcome of Britain’s trade talks with the European Union that are due to start early next year. Speaking on the plane after meeting with Polish Prime

Europe has set a target date for when Brexit will really hit. The European Commission said Wednesday that it is open to a transitional period that will help Britain ease out of the European Union. But it should be over

If this is the season of peace and goodwill to all men, nobody has told Michel Barnier. The man tasked by the EU to lead the bloc’s discussions with the U.K. over ‘Brexit’ has been rehearsing his Grinch imitation, pouring

The European Union confirmed Friday that it’s ready to start the second phase of Brexit talks. EU officials congratulated Prime Minister Theresa May. But any celebrations are likely to be short-lived. Phase two of the talks promises to be much

Britain and the European Union struck a divorce deal on Friday that paves the way for arduous talks on future trade ties, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit. May rushed to

BRUSSELS/LONDON (Reuters) – Britain and the European Union struck a divorce deal on Friday that paves the way for talks on trade, easing pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit. The European Commission said

1. How to hunt a Fox: The latest wrinkle in the race to acquire 21st Century Fox’s entertainment assets involves Disney boss Bob Iger. The Wall Street Journal reported Wednesday that Iger is likely to extend his tenure as CEO

The Office of Budget Responsibility (OBR) slashed its economic growth forecast for 2017 to just 1.5% on Wednesday, down from an estimate of 2% in March. The independent fiscal watchdog said the pain would extend until at least the end

The U.K. is setting aside 3 billion pounds ($ 3.98 billion) on preparing for Brexit over the next 18 months—and that’s just before it pays the EU a penny in its controversial ‘divorce settlement’. Treasury chief Philip Hammond outlined the

1. Trouble in Berlin: Germany’s DAX was trading lower after Chancellor Angela Merkel’s plans to form a new government were thrown into disarray when a smaller party walked out of talks. Merkel, who was trying to form a majority government