Tag Archives: Brexit

London, United Kingdom | AFP | Barclays rebounded sharply into profit in 2018, as a vast hit from the previous year on the sale of its African business was not repeated, the British bank announced Thursday. The lender’s performance came despite vast litigation costs and a new charge on the impact …

Frankfurt am Main, Germany | AFP | A British departure from the European Union without a deal could put 600,000 jobs around the world at risk, with Germany the hardest hit, a study published Monday found. Researchers at the IWH institute in Halle, eastern Germany, examined what would happen if UK …

London, United Kingdom | AFP | The British government is seeking to win more time to secure EU concessions on Brexit that could pass parliament and avert a chaotic split from the bloc on March 29. Businesses and governments are on edge because Britain is just weeks away from its scheduled departure from the European …

Brussels, Belgium | AFP | Britain and the EU agreed Thursday to hold more talks to try to avoid a no-deal Brexit, after a “robust” meeting between Prime Minister Theresa May and European Commission chief Jean-Claude Juncker. A joint statement issued after the talks in Brussels said Juncker had again warned that  November’s withdrawal agreement …

London, United Kingdom | AFP | The pound dropped Monday following weak UK construction data and as Prime Minister Theresa May seeks to try and finally unlock the Brexit stalemate. London’s benchmark FTSE 100 index, featuring large multinationals earning in dollars and euros, climbed to a two-month high above 7,000 points thanks to the weaker …

London, United Kingdom | AFP | Premier League clubs were reluctant to plunge into the inflated January marketplace this season — in stark contrast to last year, when they splashed out a record £430 million on transfer fees. Just £180 million ($235 million) was spent last month, according to finance experts …

London, United Kingdom | AFP | An “industrial renaissance” in countries like Australia, Britain and the United States can help tame the political forces dividing Western societies, Indo-British tycoon Sanjeev Gupta told AFP in an interview. “There will be a renaissance of industry in these countries,” said the 47-year-old metal industry …

Hong Kong, China | AFP | As the Chinese zodiac turns into the Year of the Pig next week, feng shui masters are predicting turbulence and division for world leaders at home — not least President Donald Trump, who risks having past secrets revealed. Sitting behind a large wooden desk …

London, United Kingdom | AFP | Central banks have bought the most gold in nearly 50 years as the precious metal profits from its  safehaven status, the World Gold Council said Thursday, amid trade tensions and Brexit uncertainty. The banks added 651.5 tonnes to official gold reserves in 2018, up 74 …

London, United Kingdom | AFP | British MPs on Tuesday voted on a series of amendments seeking to show what they want as Brexit approaches on March 29, with Britain currently on course to crash out of the EU without a withdrawal deal. Earlier this month, they rejected the agreement Prime …