Thursday, 16 August 2018

Tag Archives: Brexit

Jeremy Corbyn warning to Morgan Stanley

MANCHESTER: Jeremy Corbyn has hit back at investment bank Morgan Stanley, telling the firm it is right to regard him as a threat. The Labour leader’s comments come after the US-owned bank released a report warning that the prospect of his party taking power was a bigger threat to the ...

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Two Britain-based EU agencies to be relocated to Amsterdam, Paris

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BRUSSELS: After hours of fierce bargaining and compromising, ministers of 27 European Union (EU) members voted on Monday to relocate Britain-based European Medicines Agency (EMA) and the European Banking Authority (EBA) to Amsterdam and Paris respectively. Amid a lingering deadlock of Brexit talks, Monday’s relocation is largely seen as an ...

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Britain won’t be pressured by Barnier’s Brexit deadline: Davis

BERLIN: Britain will not be pressured into giving a public answer to EU demands for concessions on a divorce agreement by the end of next week, its chief Brexit negotiator David Davis said Thursday. Davis’s negotiating partner, the EU’s Michel Barnier, last Friday handed Britain a two-week ultimatum to improve ...

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May to meet with EU business leaders amid deadlocked Brexit talks

PARIS: Prime Minister Theresa May will meet with European business leaders to discuss the future of UK-EU trade after Brexit as she is warned over the “urgency” to provide firms with certainty in the coming months. The Prime Minister will use Monday’s meeting to attempt to win support from European ...

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Diwali Shows Hindu Culture At It’s Very Best, Says Theresa May

LONDON:  Prime Minister Theresa May greeted the Hindu community on the occasion of Diwali, saying the festival is the celebration of the way of life, showing Hindu culture at its very best. In a message read out at Diwali celebrations organised by leading NRI businessmen Hinduja brothers at their residence ...

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May to urge EU leaders to speed up Brexit talks

BRUSSELS: British Prime Minister Theresa May will appeal to European Union leaders at a crunch summit in Brussels on Thursday to push forward the deadlocked Brexit negotiations. At a meeting moved to a new venue at the last minute due to an eruption of toxic gas, May will urge her ...

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Theresa May makes surprise Brussels trip amid Brexit deadlock

LONDON: British Minister Theresa May is speaking directly with leaders of some of the European Union’s biggest member states ahead of a meeting in Brussels aimed at unblocking negotiations on Britain’s departure from the bloc. May spoke by phone with German Chancellor Angela Merkel and planned to call France’s Emmanuel ...

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UK Economy Shows Few Signs of Comeback

LONDON: Britain’s economy shows little sign of breaking out of its lethargy and it is “extraordinary” that the Bank of England is considering raising interest rates, the British Chambers of Commerce said. The BCC’s Quarterly Economic Survey of businesses, the largest of its kind, said sales at services firms that ...

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Brexit: EU ‘to prepare’ for future trade talks with UK

LONDON: The EU is to begin preparing for its post-Brexit trade negotiations with the UK, while refusing to discuss the matter with the British government. An internal draft document seen by the BBC suggests the 27 European Union countries should discuss trade among themselves while officials in Brussels prepare the ...

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May Pledges Britain Will Defend EU From Russian Aggression

LONDON: Prime Minister Theresa May pledged that Britain will defend its allies from an increasing Russian threat even after Brexit, as she carried on her courting of European Union leaders. “Russia’s continued aggression represents a growing threat to our friends here,” May told British troops in Estonia on Friday. “Our ...

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