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European Union

Britain drifting toward 'disastrous' Brexit - German industry group

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BERLIN Britain is heading towards a disorderly exit from the European Union that could have disastrous consequences for its economy and those of its partners in the bloc, Germany's BDI industry group has warned.

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Airbus says no-deal Brexit would force it to reconsider UK presence 12:46am BST

PARIS Airbus issued its strongest warning yet over the impact of Britain's departure from the European Union, saying that a withdrawal without a deal on future trade would force it to reconsider its long-term position in the UK.

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Hammond says he's no 'enemy of Brexit', seeks close EU ties 21 Jun 2018

LONDON The Treasury is not trying to undermine Brexit but is instead focused on boosting prosperity by promoting continued close ties with the European Union after the country leaves, Chancellor Philip Hammond said on Thursday.

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India, top buyer of U.S. almonds, hits back with higher duties 21 Jun 2018

NEW DELHI India, the world's biggest buyer of U.S. almonds, raised import duties on the commodity by 20 percent, a government order said, joining the European Union and China in retaliating against President Donald Trump's tariff hikes on steel and aluminium.

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Britain might not play fair with Brexit - Deutsche Boerse chief 21 Jun 2018

FRANKFURT Britain may bend the rules to defend London's standing as a global investment hub after leaving the European Union, the head of the company that runs the Frankfurt Stock Exchange warned on Thursday, raising the stakes in a duel for post-Brexit financial supremacy.

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Trump's foreign policy will make Europe stronger, U.S. official says 21 Jun 2018

BRUSSELS President Donald Trump's tough stance on Iran, new tariffs on European Union metal imports and U.S. demands for higher defence spending in Europe are part of a strategy to strengthen the West, a senior U.S. official said on Thursday.

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We want to say yes - UK unveils Brexit residency rules for EU citizens 21 Jun 2018

LONDON Britain unveiled its planned residency rules for European Union citizens living in the United Kingdom after Brexit on Thursday, promising an "easy" system that would work in the favour of those wanting to stay. | Video

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May faces down pro-EU rebel lawmakers to win Brexit vote 21 Jun 2018

LONDON Prime Minister Theresa May won a crucial Brexit vote in parliament on Wednesday, keeping her divided government's plans to end more than 40 years of British partnership with the European Union on track. | Video

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Visegrad Four to shun EU's weekend mini-summit on migrant crisis 21 Jun 2018

BUDAPEST Hungarian Prime Minister Viktor Orban on Thursday said leaders of the Visegrad Four countries Hungary, Poland, Slovakia and the Czech Republic will skip a European Union mini-summit on the migration crisis this weekend.

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EU watchdog wants new rules for foreign exchanges after Brexit 21 Jun 2018

LONDON European Union rules are needed after Brexit to regulate and supervise foreign stock and bond trading venues that want to serve EU investors, the bloc's markets watchdog said on Thursday.