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Debenhams cautions UK trading more volatile as sales slide


LONDON Debenhams , Britain's second-biggest department store, said trading had become more volatile in the second half of the year and warned its 2017 profit could slip towards the lower end of expectations if conditions did not improve.


EU in 'intense phase' of Japan trade talks, hopes for deal soon 5:32am BST

BRUSSELS The European Union is in a "very intense phase" in its negotiations for a free-trade agreement with Japan and could sign a provisional deal as early as next week, EU trade chief Cecilia Malmstrom said on Monday.


UK government must deliver orderly Brexit - insurance trade body 12:08am BST

LONDON Britain must make sure its exit from the European Union is orderly to avoid disruption for policyholders and compliance risks, the Association of British Insurers said on Tuesday.


Sinn Fein says Northern Ireland billion-pound windfall no guarantee of power-sharing deal 26 Jun 2017

BELFAST Irish nationalists Sinn Fein said on Monday the money coming in to Northern Ireland from a pact by their pro-British rivals to prop up British Prime Minister Theresa May would not in itself help restore the province's regional administration.


May strikes £1 billion deal with DUP to prop up government 26 Jun 2017

LONDON Prime Minister Theresa May struck a deal on Monday to prop up her minority government by agreeing to at least 1 billion pounds in extra funding for Northern Ireland in return for the support of the province's biggest Protestant party. | Video


Italy bank rescue divides Europe 26 Jun 2017

FRANKFURT Italy's multi-billion-euro closure of two lenders drew sharp criticism on Monday for hurting a project devised to underpin confidence in the euro zone during the financial crash.


Italian banks rally after taxpayer-funded Veneto deal 26 Jun 2017

MILAN Italian banking shares rallied on Monday after a deal to wind down two ailing regional lenders allowed Rome to draw a line under its biggest banking headache, with taxpayers rather than the financial industry shouldering the bulk of the losses. | Video


May offers to protect benefits of EU citizens living in Britain 26 Jun 2017

LONDON Prime Minister Theresa May unveiled details of her plan to protect the rights of EU nationals living in Britain on Monday, saying the government would work to offer them largely the same benefits as British citizens.

EU gives cool reception to British offer on citizens rights 26 Jun 2017

BRUSSELS The European Union's top Brexit negotiator Michel Barnier responded coolly on Monday to London's offer on EU citizen rights in Britain after it leaves the EU, saying Brussels wanted to get the same level of rights as under EU law.

EU ready to assist Macedonia implement reforms to unlock membership 26 Jun 2017

SKOPJE The European Union's commissioner in charge of enlargement said on Monday the bloc will help Macedonia make key reforms such as ensuring judicial and media independence to unlock the country's path towards EU and NATO membership

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Thirteen EU nations back plan for talks with Russia over gas pipeline

BRUSSELS Thirteen EU nations voiced support on Monday for a proposal to empower the bloc's executive to negotiate with Russia over objections to a new Russian gas pipeline to Germany, despite opposition from Berlin.


Nestle, Italian bank deal prop up European shares

LONDON European shares rose on Monday as banks rallied after Italy reached a deal to wind up two failed regional banks and Nestle climbed to a new record after an activist investor urged changes at the consumer bellwether.

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