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In quiet times, Barclays bets on investment banking in Brexit UK

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LONDON Barclays Plc is taking a contrarian bet that Britain's vote to leave the European Union will help it win more investment banking business in its home market, despite the sharp slowdown in deal activity since the referendum.

European Parliament committee says reject EU-Canada trade deal 2:37pm GMT

BRUSSELS An EU-Canada free trade deal will destroy jobs in Europe and should be rejected, a committee of the European Parliament concluded on Thursday.

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UK government must not by-pass Scotland to trigger Brexit, court told 1:50pm GMT

LONDON The British government cannot ignore Scotland's wishes by kicking off the Brexit process without going through parliament, Scotland's chief legal officer told the United Kingdom's Supreme Court on Thursday.

Despite Brexit, EU makes progress on capital market plan 1:18pm GMT

BRUSSELS A European Union plan to bolster its capital markets received a boost from two preliminary deals to revive the credit sector, EU officials said on Thursday, a sign that Britain's vote to leave the bloc may not hamper the project.

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UK housing, hiring stay resilient despite Brexit vote - surveys 11:15am GMT

LONDON British house prices hit a seven-month high in November and companies hired more workers, surveys showed on Thursday, suggesting the economy remained resilient five months after Britain's vote to leave the European Union.

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OECD leading indicator flags growth building in advanced economies 11:06am GMT

PARIS Growth momentum is picking up in major advanced economies while growth is also expected to gain speed in China, the OECD's monthly leading indicators indicated on Thursday.

Sweden joins dash to host EU drugs agency instead of London after Brexit 10:26am GMT

STOCKHOLM The Swedish government on Thursday launched a campaign to become the new host of the London-based European drugs agency after Britain's vote to leave the European Union and compete with offers from other EU members including Spain, France and Poland.

Investors face nervous wait for ECB's final salvo of 2016 8:58am GMT

LONDON Euro zone government bond yields crept higher as investors waited to see whether the European Central Bank would meet their high expectations for fresh stimulus at its final meeting of the year on Thursday.

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Greeks strike against austerity before budget vote, bailout review 8:57am GMT

ATHENS Greeks went on strike on Thursday to protest planned labour reforms and painful austerity cuts demanded by the country's European Union and International Monetary Fund lenders as part of a crucial bailout review.

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May says wants orderly Brexit but admits it will be complex - FT 7:01am GMT

LONDON British Prime Minister Theresa May said she wants a smooth and orderly Brexit but admitted that the negotiation to leave the European Union will be complex, the Financial Times reported.

Germany's highest court to rule on nuclear fuel tax in 2017

DUESSELDORF, Germany Germany's highest court will decide next year on complaints brought by utilities against a tax on nuclear fuel rods, a spokesman said on Thursday, in a further challenge to the government's energy policy.

U.S. and UK intelligence target airborne phone calls - report

PARIS American and British spies have since 2005 been working on intercepting phone calls and data transfers made from aircraft, France's Le Monde newspaper reported on Wednesday, citing documents from former U.S. spy agency contractor Edward Snowden.

UniCredit sells Polish assets ahead of share issue

WARSAW/MILAN Italy's biggest lender UniCredit has agreed to sell its Polish assets for 2.5 billion euros (2.13 billion pounds), improving its financial standing ahead of share issue at a time of political instability at home.

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