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Tag Archives: Brexit

No Brexit ‘deal in the desert’ for May: EU source

Brussels, Belgium | AFP | British Prime Minister Theresa May will have a chance to speak to fellow EU leaders at their summit with the Arab League, but she should not expect a Brexit breakthrough, an EU source said Friday. Arab and European leaders will meet for two days from Sunday in the Egyptian resort …

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Barclays rebounds into profit in 2018

London, United Kingdom | AFP | Barclays rebounded sharply into profit in 2018, as a vast hit from the previous year on the sale of its African business was not repeated, the British bank announced Thursday. The lender’s performance came despite vast litigation costs and a new charge on the impact …

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Britain’s May seeks more time from MPs for Brexit talks

London, United Kingdom | AFP | The British government is seeking to win more time to secure EU concessions on Brexit that could pass parliament and avert a chaotic split from the bloc on March 29. Businesses and governments are on edge because Britain is just weeks away from its scheduled departure from the European …

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May, Juncker hold ‘robust’ Brexit meet, agree new talks

Brussels, Belgium | AFP | Britain and the EU agreed Thursday to hold more talks to try to avoid a no-deal Brexit, after a “robust” meeting between Prime Minister Theresa May and European Commission chief Jean-Claude Juncker. A joint statement issued after the talks in Brussels said Juncker had again warned that  November’s withdrawal agreement …

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Pound falls as May plans fresh Brexit assault

London, United Kingdom | AFP | The pound dropped Monday following weak UK construction data and as Prime Minister Theresa May seeks to try and finally unlock the Brexit stalemate. London’s benchmark FTSE 100 index, featuring large multinationals earning in dollars and euros, climbed to a two-month high above 7,000 points thanks to the weaker …

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