Tag: European Union

• Wednesday, January 16th 2019 - 06:11 UTC

  With a Brexit no-deal chances diminishing, sterling gains ground, for now...

  

  The pound has risen after MPs voted to reject Theresa May's Brexit deal by 230 votes. Sterling rose 0.05% to $1.287 after declines of more than 1% earlier in the day. The currency slumped 7% in 2018 reflecting uncertainty about the terms of the UK's exit from the European Union.

• Wednesday, January 16th 2019 - 05:57 UTC

  PM May Brexit deal pulverized by Parliament; Corbyn tables a no confidence vote for this Wednesday

  

  Prime Minister Theresa May's Brexit deal was rejected in Parliament by 230 votes - the largest defeat for a sitting government in history. MPs voted by 432 votes to 202 to reject the deal, which sets out the terms of Britain's exit from the EU on 29 March.

• Tuesday, January 15th 2019 - 08:44 UTC

  Theresa May and Parliament in their Brexit labyrinth

  

  British Prime Minister Theresa May is facing likely defeat in Parliament when she asks MPs to approve her Brexit deal this Tuesday. That result would trigger huge uncertainty about the future of Britain's exit from the European Union.

• Monday, January 14th 2019 - 09:00 UTC

  PM May Monday speech to impede “catastrophic” defeat in Parliament and Labour no confidence vote

  

  British Prime Minister Theresa May is making a last-ditch attempt to persuade MPs to back her Brexit deal as Tuesday's key Commons vote looms closer. She will use a speech on Monday to warn that Parliament is more likely to block Brexit than let the UK leave with no deal.

• Saturday, January 12th 2019 - 10:22 UTC

  EU multinationals refuse to collaborate with Brazil justice investigating Petrobras corruption

  

  Commodities trader Trafigura has refused a judge's order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petrobras.

• Wednesday, January 9th 2019 - 08:41 UTC

  Brexit plan's five-day debate takes off; Westminster shuts off “no-deal option”

  

  MPs will begin debating Theresa May's Brexit plan again on Wednesday, nearly a month after she postponed the crunch Commons vote on her agreement. There will be five days of discussion on the terms of the UK's withdrawal and future relations with the EU ahead of an expected vote next Tuesday.

• Wednesday, January 9th 2019 - 08:26 UTC

  EU claims Trump administration has downgraded the block's diplomatic status

  

  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.

• Tuesday, January 8th 2019 - 08:42 UTC

  First Minister Sturgeon: Brexit has strengthened the case for Scottish independence

  

  Brexit has “materially strengthened” the case for Scottish independence, Nicola Sturgeon has said. The First Minister said Scotland’s interests are being “completely ignored and sidelined” and that what has happened in the last two years has reinforced the case for it to leave the UK.

• Monday, January 7th 2019 - 09:29 UTC

  Brazil meat exports had a complicated 2018, buts sales are picking up

  

  Export sales by Brazilian meat processors lagged last year as trade bans and a domestic truckers’ strike weighed on their ability to serve major customers like Russia and the European Union, according to data released by trade group ABPA.

• Monday, January 7th 2019 - 09:18 UTC

  Rule out a “no-deal Brexit”, 200 plus all parties MPs call on Theresa May

  

  More than 200 MPs from different political parties have signed a letter to Prime Minister Theresa May, urging her to rule out a no-deal Brexit. The MPs - including both Leave and Remain supporters - have been invited to meet the prime minister on Tuesday.