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May ready for tough talks, but will fight over EU market


BRUSSELS Prime Minister Theresa May said on Friday Britain's negotiations to leave the European Union would take time and that she was ready for some "difficult moments", but would fight to remain part of the bloc's single market.


BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal 21 Oct 2016

LONDON British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion (38.46 billion pounds) takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. | Video

Canada walks out of trade talks with 'incapable' EU 21 Oct 2016

BRUSSELS Canada's trade minister walked out of talks in Belgium on Friday, declaring that the European Union was incapable of sealing a planned transatlantic free trade deal designed to boost growth in both economies.

Russia says visa problems force reduction of its embassy in London 21 Oct 2016

LONDON Russia has been forced to cut the size of its embassy in London after Britain delayed granting visas for months to dozens of its staff including career diplomats, the Russian ambassador said on Friday.

London firefighters leading response to airport incident - police 21 Oct 2016

LONDON London's fire brigade is leading the emergency response to an incident at London City airport on Friday which led to hundreds of passengers being evacuated and two taken to hospital with breathing difficulties, police said.


Banks warn share tax hike threatens Paris' post-Brexit appeal 21 Oct 2016

PARIS A proposed increase in France's share tax flies in the face of efforts by the government and the financial industry to lure banking jobs from London, financial sector lobbies have warned.


As May debuts in Brussels, EU readies negotiating engine room 21 Oct 2016

BRUSSELS When Theresa May met Jean-Claude Juncker in Brussels on Friday, she might just have heard the sounds of carpenters working on new offices for the European Union executive's Brexit negotiators.


WTO's Azevedo says Britain's WTO terms will depend on nature of EU divorce 21 Oct 2016

OSLO The terms of Britain's future membership of the World Trade Organization will depend a lot on how it separates from the European Union, the director-general of the WTO said on Friday.


Britain's cane sugar refiner sees only upside to hard Brexit 21 Oct 2016

LONDON Once a week, a bulk freighter sails up the River Thames to a refinery in the docks of east London to offload tonnes of brown raw cane sugar - just over half the traffic prior to tighter EU rules introduced in 2009.


Exclusive - Parlez-vous Brexit? EU negotiator wants Brits to talk French 21 Oct 2016

BRUSSELS The European Union's lead Brexit negotiator would like British and EU officials to work in French rather than English during the divorce talks, an EU official familiar with Brussels' Brexit task force told Reuters on Friday.

GE CFO sees alternatives to SLM 3D printing purchase

NEW YORK General Electric Co can build its 3D printing capability without buying Germany's SLM Solutions and does not need to increase its takeover offer in light of opposition from a major shareholder, GE Chief Financial Officer Jeff Bornstein said on Friday.

S&P raises rating outlook on France in boost to Hollande

PARIS S&P raised its outlook on France's "AA" long-term sovereign credit rating to "stable" from "negative", citing labour and tax reforms introduced in the last two years, in a boost to President Francois Hollande's Socialist government.

Seven migrants die on day of 'Libyan Coast Guard' attack

ROME The crew of a speedboat labelled "Libyan Coast Guard" attacked a migrant boat packed with some 150 migrants, beating them with sticks and causing many to fall into the water and at least four to drown, humanitarian group Sea-Watch said on Friday.

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