Prime Minister Theresa May on Tuesday urged whoever succeeds her to get Britain out of the EU quickly but with a deal, as she met the bloc's leaders just days after announcing her resignation. May looked relaxed and smiled for the cameras as she arrived at a Brussels summit, the first one in many months that did not require her to wrangle with European colleagues over Brexit.
France and Germany have disagreed on who should take one of the EU's key roles as leaders from the bloc met following parliamentary elections. The vote saw the big centrist blocs lose their majorities with Greens and nationalists gaining ground.
Opposition Labour Party leader Jeremy Corbyn said the British public should be asked again to give its verdict on Brexit, either through a general election or a second referendum.
Theresa May has announced that she will present her resignation on June 7 after her meeting with the president of the 1922 Parliamentary Committee, Graham Grady, and the unsustainable pressure of the Tories. Former Foreign Secretary and hard Brexit icon, Boris Johnson, confirmed on Thursday his candidacy to succeed her.
Prominent Brexit supporter Andrea Leadsom resigned from Prime Minister Theresa May's government on Wednesday, piling pressure on the British leader after a new Brexit gambit backfired and fuelled calls for her to quit.
British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England Deputy Governor Ben Broadbent said on Monday.
The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, Brazilian investigators have revealed to Reuters.
A senior adviser to the German government fears another European financial crisis could be brewing. Dr. Lars Feld, one of the German Council of Economic Experts, was one of the first last year to warn of a slowdown in Europe's largest economy.
Britain's withdrawal from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May's crumbling government.
British Prime Minister Theresa May will set out a timetable for her departure in early June after the latest attempt to get her Brexit deal approved by parliament, the chairman of a powerful Conservative committee said on Thursday.