Friday, 27 April 2018

Tag Archives: Brexit

Angela Merkel urges swift Brexit talks after UK election

Angela Merkel

PARIS: German Chancellor Angela Merkel said she was hopeful that Britain would stick to the Brexit plan following the snap general election that saw the ruling Conservative Party lose some of its parliamentary seats. The talks about Britain’s exit from the 28 member European Union are scheduled for June 19 ...

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UK manufacturing keeps up momentum in May

manufacturing UK

LONDON: British manufacturing chalked up its second-fastest growth in nearly three years last month, putting the sector on track to shrug off election and Brexit-related uncertainty and improve on a weak first-quarter performance, a survey showed on Thursday. The Markit/CIPS manufacturing purchasing managers’ index (PMI) slipped to 56.7 in May ...

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Merkel warns US, Britain no longer reliable partners

German Chancellor Angela Merkel stands next to US President Donald Trump during the "family portrait" at the G7 summit in Taormina in Sicily, Italy, 26 May 2017. The heads of the G7 states meet in Sicily from 26 May until 27 May 2017 to negotiate and talk about global topics. Photo by: Michael Kappeler/picture-alliance/dpa/AP Images

BERLIN: Europe “must take its fate into its own hands” faced with a western alliance divided by Brexit and Donald Trump’s presidency, German Chancellor Angela Merkel said. “The times in which we could completely depend on others are on the way out. I’ve experienced that in the last few days,” ...

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Failure not our option, EU says as Brexit plan set

Brexit

LONDON: Failure to strike a deal that ushers Britain out of the European Union in an orderly way is not an option Brussels wants to consider, its chief negotiator said on Monday as the EU gave a final green light for him to launch talks next month. Britain’s Brexit Secretary ...

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Lloyds back in private ownership as government sells out

Lloyds

LONDON: The high street bank said last week the Government’s stake had been reduced to 0.25% and the UK taxpayer was set to make at least a £500 million profit from the final sale. It is understood the Government’s final tranche of Lloyds shares have now been sold, with an ...

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Brexit won’t stop Asia from investing in the UK

BREXIT

LONDON: For most Asian property investor, the UK has been one of the most desirable additions to their portfolio and according to the latest figures, this isn’t going to change any time soon. Research from property investment firm JLL reveals that neither the Brexit uncertainty nor the somewhat rushed snap ...

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EU Leaders Agree Firm Brexit Negotiating Stance

brexit-summit

European Summit: The leaders took less than an hour to reach an agreement BRUSSELS: European Union leaders have unanimously agreed to adopt a “firm” negotiating approach for Brexit talks with the UK. On Saturday the heads of the remaining 27 states approved within a minute the draft guidlines issued by ...

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Brexit: Farmers to Use Machines to Make Up for Loss of EU Workers

robots-indoor-farming

LONDON: Robots will fill the void left by EU nationals once Brexit kicks in, farming experts have said. A new generation of robots are being readied to fill a labor shortage on Britain’s farms, which is expected post-Brexit. The robot, called Thorvald, has been designed for unskilled tasks. According to sources, Thorvald has already altered ...

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Macron’s advance in French runoff stalls populist wave in Europe

Macron

PARIS: The populist tsunami that slammed into Britain last year, before sweeping across the Atlantic to the United States, may have faded on the shores of France on Sunday. Despite a strong performance from far-right leader Marine Le Pen in the first round of France’s presidential election, the bigger news ...

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