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May's Brexit: going it alone, hoping for an EU trade deal


LONDON Prime Minister Theresa May has finally outlined what Brexit really means for her: Britain going it alone, fully disentangled from the European Union while hoping the bloc will agree to a comprehensive trade deal.

Brazil's Workers Party backs Lula for president despite corruption trial

BRASILIA Brazil's Workers Party plans to field former two-term leftist President Luiz Inacio Lula da Silva in the 2018 elections despite his facing five separate corruption trials, the party's leader said on Tuesday.

7:41pm GMT

Brexit drives push for bigger Frankfurt role in exchange merger

FRANKFURT Germany and the European Central Bank are pushing harder for Deutsche Boerse and the London Stock Exchange to give Frankfurt a greater role once they merge, now Britain is leaving the European Union, people involved said.

6:37pm GMT

Britain to leave EU market as May sets 'hard Brexit' course

LONDON Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest trading bloc. | Video

UK 7:56pm GMT

BAT agrees to buy Reynolds for $49 billion

LONDON British American Tobacco has agreed a $49.4 billion (39.91 billion pounds) takeover of U.S. rival Reynolds American Inc , creating the world's biggest listed tobacco company after it increased an earlier offer by more than $2 billion. | Video

6:28pm GMT

FTSE falls most since June 2016 after PM May's Brexit speech

LONDON Britain's top share index posted its biggest one-day drop since June 2016 on Tuesday, with a jump in sterling following Prime Minister Theresa May's speech on Brexit hurting dollar-earning companies.

5:07pm GMT

Turkey says captures nightclub attacker who acted for Islamic State

ISTANBUL Turkish authorities have captured the gunman who killed 39 people in an Istanbul nightclub on New Year's Day, an Uzbek national they said was trained in Afghanistan and had clearly acted on behalf of Islamic State. | Video

World, Syria, Middle East 2:13pm GMT

Rolls-Royce shares jump on profit upgrade, bribery settlement

LONDON Shares in Rolls-Royce leapt on Tuesday after the British maker of engines for planes and ships finalised a 671 million-pound ($831 million) deal to settle a lengthy bribery investigation and said 2016 profits beat previous expectations. | Video

9:16pm GMT

Iraqi forces push Islamic State further back in Mosul - military

MOSUL, Iraq/BAGHDAD Iraqi special forces pushed deeper into Islamic State-held districts in eastern Mosul and army units fought the insurgents inside a military base in the city's north, officials said during the day on Tuesday.

World, Iraq, Middle East 4:55pm GMT

Italian conservative Tajani is new EU parliament speaker amid surging eurocepticism

STRASBOURG Antonio Tajani of Italy was elected president of the European Parliament on Tuesday, consolidating a conservative grip on key EU institutions as the mainstream right and left struggle to unite against insurgent eurosceptics. | Video

9:22pm GMT
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