Wednesday, 17 July 2019

Tag Archives: EU

European stocks dip at open

LONDON: European stocks eased at the open Monday, with traders awaiting the UK government’s Brexit “Plan B” after the country’s parliament voted down Prime Minister Theresa May’s original EU divorce deal. London’s benchmark FTSE 100 index dipped 0.1 percent to 6,964.28 points – its heavyweight mining sector knocked by news ...

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British must tell us what they want: Dutch PM

AMSTERDAM: Dutch Prime Minister Mark Rutte warned on Wednesday that time is running out to reach a deal before Britain leaves the European Union and urged the British to make up their minds. “It is now up to the British to indicate what they want,” he told reporters in The Hague ...

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British PM says Brexit date should not be delayed

LONDON: British Prime Minister Theresa May said the date of Brexit should not be delayed but did not rule out the prospect as she faces mounting calls to request an extension. “I don’t believe that the date of March 29 should be delayed,” May told parliament on the eve of ...

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Iran, India move closer on trade as EU stalls

Iran will boost trade with India as the European Union struggles to find a way to circumvent a fresh US embargo on Tehran, Iranian Foreign Minister Javad Zarif said. Brussels is working on a payment mechanism to keep financial transactions flowing with Iran, after the US ditched the 2015 nuclear ...

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UK opposition seek election over Brexit

LONDON: Labour leader Jeremy Corbyn has stepped up calls for a general election “at the earliest opportunity” to “break the deadlock” over Brexit. In a speech, he said a new government would have a fresh mandate to negotiate a better withdrawal deal with the EU. He told Theresa May: “If ...

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US downgrades EU diplomatic status in Washington

BRUSSELS:  The EU says the US government has changed the bloc’s diplomatic status in Washington, in practice downgrading it. The Trump administration did not notify the EU about the change. The EU has asked the US to explain the move, EU spokeswoman Maja Kocijancic says. Previously it has been US ...

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Why the UK can still be strong after Brexit

PARIS: Britain can still punch above its weight globally even after it exits the European Union, Foreign Secretary Jeremy Hunt said on Wednesday ahead of a key parliamentary vote at home. Although Britain is neither a superpower nor in possession of an empire, the country still has the military might, ...

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US ambassador to UK Johnson warns on trade deal

NEW YORK: Donald Trump’s offer of a “quick, massive, bilateral trade deal” will not be possible if Theresa May’s EU withdrawal agreement is approved, the US ambassador to the UK has warned. President Trump had previously said her Brexit proposal sounded like a “great deal for the EU”. Woody Johnson ...

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EU’s Juncker tells UK: ‘Get your act together’ on Brexit

PARIS: European Commission president Jean Claude-Juncker has told the UK to “get your act together” over Brexit. The top Brussels official claimed it is “entirely unreasonable” for Britons to believe it is up to the EU to “propose a solution”, as he denied he is trying to keep the UK ...

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VW may have to step up electric car plans to meet EU CO2 targets

Volkswagen

BERLIN/FRANKFURT/MUNICH: Volkswagen may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday. The remarks came after the European Union agreed on Monday to cut CO2 emissions from cars ...

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