Friday, 22 October 2021

Tag Archives: Brexit

Irish finance minister says no-deal Brexit more likely

DUBLIN: Irish finance minister Paschal Donohoe said on Tuesday that the prospect of Britain leaving the European Union without a deal was more likely than it had been. Both candidates to replace Theresa May as prime minister, Boris Johnson and Jeremy Hunt, have said that they would be prepared to ...

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Facebook’s Libra currency under fire

LONDON (AFP) – Facebook’s planned virtual unit Libra, already under heavy attack from US President Donald Trump and global regulators, faces scepticism among the wider cryptocurrency community as well. One theme – besides Brexit – dominated discussion among the movers and shakers from London’s financial technology or FinTech industry as ...

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UK opposition backs new Brexit referendum

LONDON: Jeremy Corbyn has challenged the next Tory leader to hold another referendum before taking Britain out of the EU, saying Labour will campaign for Remain. Corbyn says the party will take this position to stop “no deal or a damaging Tory Brexit”. But he does not say what he ...

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Protestors mark opening of European Parliament

LONDON: The European Parliament has re-opened in Strasbourg with an anti-EU protest by the UK’s Brexit Party and a demonstration by Catalan nationalists whose MEPs are barred. The first session after Europe-wide elections in May began as EU leaders went into a third day of talks on who should fill ...

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Ryanair seeks to limit UK share holding with buyback amendment

DUBLIN: Ryanair amended the terms of a 700 million euro ($795 million) share buyback on Wednesday to allow block repurchases it said could limit the holdings of British shareholders and ensure it remains majority EU-owned after Brexit. Ryanair triggered contingency plans in March to restrict the voting rights of British ...

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Boris Johnson far ahead in British PM contest

LONDON: Boris Johnson, who has pledged to deliver Brexit on Oct 31, surged closer to power, winning by far the most support from Conservative lawmakers in the first round of the contest to replace Prime Minister Theresa May. Three years since voting 52%-48% to leave the European Union, the United ...

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Boris Johnson would make ‘excellent’ British PM: Trump

LONDON: US President Donald Trump has said British former foreign minister Boris Johnson would make an “excellent” prime minister to replace Theresa May. Trump was speaking ahead of the start of a state visit to Britain on Monday, during which he will meet May. She is set to resign on ...

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Former Brexit secretary Domic Raab joing UK leadership race

LONDON: Britain’s eurosceptic former Brexit  secretary Dominic Raab on Saturday entered the race to succeed Theresa May as prime minister, vowing to leave the EU with or without a divorce deal. Raab became the sixth declared candidate, joining a crowded field that is expected to expand further in the days ...

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Ryanair posts weakest annual profits in four years

DUBLIN: Ryanair posted its weakest annual profit in four years on Monday and said earnings could fall further next year as Europe’s largest low-cost carrier grapples with overcapacity, Brexit and delays in delivery of the Boeing 737 Max. The airline posted a profit after tax for its financial year to ...

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UK Labour Party says Brexit Deal talks with PM to continue next week

LONDON: The office of UK Prime Minister Theresa May and the opposition Labour Party will meet next week for the next round of talks aimed at overcoming their disagreements over a UK withdrawal deal from the EU, the Labour spokesperson said amid Brexit uncertainty. The fresh round of the negotiations between Downing ...

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