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Europe Top News and Analysis Belgium

  • COPENHAGEN/ BRUSSELS, March 29- The European Union is seeking a mandate from members to negotiate with Russia over objections to its plans to build a second pipeline to pump more gas to Europe via the Baltic Sea to Germany, an EU document showed, as some EU states worry it will make Europe too reliant on Russian gas. Russian state gas exporter Gazprom, which supplies...

  • BERLIN, March 30- German Foreign Minister Sigmar Gabriel said on Thursday that negotiations about Britain's exit from the European Union would be tough before getting easier. "The Brexit negotiations with the United Kingdom that the European Union will lead for us won't be easy- some people know the saying that... things will get difficult before they get easier...

  • HELSINKI— Swedish low-cost fashion brand Hennes& Mauritz AB said Thursday its first quarter sales disappointed, causing a plunge in the company's share price, as customers increasingly shop online. The share price plunged more than 13 percent to 223.9 kronor in mid-day trading in Stockholm. H&M CEO Karl-Johan Persson described the sales growth as "below our...

  • BRUSSELS, March 30- Brussels expects to lure other financial players after convincing Lloyd's of London, the world's largest speciality insurance market, to make the city its post-Brexit European hub. While Lloyd's choice on Thursday surprised some, lower rental prices and its proximity to Britain could help other financial firms choose the multilingual...

  • LONDON— Lloyd's of London is setting up a subsidiary in Brussels so that it can continue to write insurance in Europe once Britain leaves the European Union. Lloyd's says that only about 100 jobs will be leaving London, though that number could increase. The company says it intends to have the Brussels office up and running so that it can write business beginning...

  • *Brussels beats Luxembourg and Dublin as base. LONDON, March 30- Insurance market Lloyd's of London, an integral part of the British business scene since the 17th century, has chosen Brussels as the site for its European Union subsidiary because of its strong regulatory framework, it said on Thursday. Nelson said the Brussels subsidiary would employ dozens of...

  • European Commission President Jean-Claude Juncker said at Thursday's congress of his EPP Christian Democrat group that "if he goes on like that, I am going to promote the independence of Ohio and Austin, Texas." Germany's foreign minister says that Britain's future trading relationship with the European Union will inevitably be less advantageous than the...

  • LONDON, March 30- Lloyd's of London, the world's largest specialty insurance market, has chosen Brussels for its European Union subsidiary because of its strong regulatory framework, it said on Thursday, confirming earlier reports. "Brussels met the critical elements of providing a robust regulatory framework in a central European location, and will enable...

  • BRUSSELS— The top Brexit official at the European Parliament thinks British political giants such as Winston Churchill and Margaret Thatcher would not look kindly on Prime Minister Theresa May turning over the hourglass on her country's withdrawal from the European Union. "You ask yourself, after you have read the letter' Why is Britain going outside the...

  • LONDON, March 29- Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, declaring there was no turning back and ushering in a tortuous exit process that will test the bloc's cohesion and pitch her country into the unknown. In one of the most significant steps by a British leader since World War Two, May notified EU...

  • BRASILIA, March 29- Brazil needs independent controls over its meat industry, a top EU health official said on Wednesday, as he wrapped up a visit to the country rocked by an anticorruption investigation centering on bribery of its food-sanitation inspectors. Brazil's Federal Police say in court documents the bribes were paid to cover up serious health...

  • LONDON, March 29- Sterling slipped against the dollar after a choppy day of trading on Wednesday, receiving no clear direction from Britain's formal triggering of its exit from the European Union. Prime Minister Theresa May began Britain's divorce procedure from the EU earlier in the day, declaring there was no turning back and ushering in a tortuous process...

  • LONDON, March 29- Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, declaring there was no turning back and ushering in a tortuous exit process that will test the bloc's cohesion and pitch her country into the unknown. In one of the most significant steps by a British leader since World War Two, May notified EU...

  • LONDON, March 29- Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, declaring there was no turning back from a tortuous exit process that will test the bloc's cohesion and pitch her country into the unknown. In one of the most significant steps by a British leader since World War Two, May notified EU Council...

  • *China says climate pledges under Paris Agreement unchanged. BEIJING/ OSLO, March 29- Nations led by China and the European Union rallied around a global plan to slow climate change on Wednesday after U.S. Chinese foreign ministry spokesman Lu Kang, whose government cooperated closely with former U.S.

  • LONDON, March 29- Sterling hit day's highs against the dollar before quickly retreating in choppy trade on Wednesday, with Britain's formal triggering of its departure from the European Union providing the currency with no clear direction. By 1330 GMT, though, sterling had slipped back to $1.2411, leaving it down a third of a percent on the day and in the middle of...

  • LONDON, March 29- Sterling hit day's highs against the dollar before quickly retreating in choppy trade on Wednesday, with Britain's formal triggering of its departure from the European Union providing the currency with no clear direction. By 1330 GMT, though, sterling had slipped back to $1.2411, leaving it down a third of a percent on the day and in the middle of...

  • LONDON, March 29- Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, saying there was "no turning back" from a decision pitching her country into the unknown and triggering years of fraught negotiations. Nine months after Britons voted to leave, May notified EU Council President Donald Tusk in a letter that Britain...

  • *London wants Britain and EU to strike new regulatory deal. Under this, the European Union and Britain would broadly accept firms in each other's financial markets because their home regulatory systems apply similar standards. Such a system might limit what is likely to be a flow of business and jobs from the London financial centre, by far Europe's biggest, to...

  • LONDON, March 29- Prime Minister Theresa May filed formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the cohesion of the European Union. "The United Kingdom is leaving the European Union," May told lawmakers in the British parliament "This is an historic moment...