Edition:
United Kingdom

The road to Brexit

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Gerry Adams to step down in end of an era for Irish nationalism

DUBLIN Sinn Fein's Gerry Adams, a pivotal figure in the political life of Ireland for almost 50 years, said on Saturday he will step down as party leader and complete a generational shift in the former political wing of the Irish Republican Army (IRA). | Video

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EU's Tusk - no deadlock on Brexit, very cautious but optimistic

GOTHENBURG, Sweden There is no deadlock in divorce talks between Britain and the European Union, EU summit chair Donald Tusk said on Friday, adding he was very cautious, but optimistic that negotiations could move on to the next phase in December.

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Ireland says not ready to let Brexit talks move on to trade

DUBLIN Britain and Ireland clashed over Brexit on Friday with Dublin saying it was not ready to allow talks to move on to trade issues next month and London ruling out the much longer transitional period preferred by its neighbour.

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Europe's drug industry waits for white smoke in Brussels

BRUSSELS It may be a cross between the Eurovision Song Contest, a papal conclave and a social club raffle but a ballot among EU ministers on Monday could hurt Europe's pharmaceutical industry and the health of millions.

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EU watchdog tightens grip over use of foreign credit ratings

LONDON The European Union's markets watchdog has tightened its grip over the use of credit ratings compiled outside the bloc in a taste of what the "Big Three" ratings agencies in London face after Brexit.

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More work to be done to unlock Brexit talks - May, EU's Tusk

GOTHENBURG, Sweden British Prime Minister Theresa May and European Council President Donald Tusk agreed on Friday there was more work to be done to advance Brexit talks and discussed ways to take further steps before December, a spokesman for May said.

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Britain's government to push ahead with plan on specific Brexit date

LONDON Britain's Prime Minister Theresa May will push ahead with plans to fix into law the time and date of the country's European Union exit for March 2019, her spokesman said on Friday, despite opposition from some members of her party.

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Goldman CEO Blankfein calls for second vote on Brexit

LONDON Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday that many people want Britain to have a "confirming vote" on whether to leave the European Union.

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UK growth to lag peers; next rate hike a year away at least - Reuters poll

LONDON British economic growth will remain tepid over the coming few years, lagging well behind its peers, and could even be worse than economists polled by Reuters currently predict, as most say risks to their forecasts are to the downside.

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Visitors to UK hits August record after Brexit fall in pound

LONDON The number of visitors to Britain hit a record high in August but fewer Britons travelled abroad, the latest sign of how the fall in the value of the pound after last year's Brexit vote is helping Britain's tourism industry.

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Bankers shifting from London after Brexit may face lower pay

LONDON Bankers relocating from London to other European financial hubs following Britain's exit from the European Union could face lower pay packages, according to an industry survey published on Friday by compensation consultant Emolument.

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Some EU countries want Brexit talks to move to trade - Davis

LONDON Some European countries want the Brexit talks to move on to focus on trade and, although Germany and France are key to allowing that progress, it is a decision for the whole of the bloc, Britain's Brexit minister David Davis said on Friday.

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Ireland not ready to let Brexit talks move to stage two - minister

DUBLIN Ireland is not ready to allow talks on Britain's withdrawal from the European Union to move to the second phase next month, Foreign Minister Simon Coveney said on Tuesday.

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Confidence in euro zone expansion strong among economists - Reuters poll

BENGALURU The euro zone economy will mark its best year in a decade and maintain solid growth well into 2018, according to economists in a Reuters poll who said the risk was that their forecasts might not be optimistic enough.

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Britain wants trade deal with EU 'much closer than Canada'- Davis

BERLIN Britain wants the freest possible trade in goods and services with the European Union in a Brexit deal that goes further than the bloc's trade agreement with Canada, Brexit Secretary David Davis said on Thursday.