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David Cameron

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  • Election, EU uncertainty to add risk to British markets Thursday, 20 Nov 2014 | 12:07 PM ET

    *Markets not yet pricing in possible UK exit from EU. "You can draw parallels between what happened with the Scottish referendum and UK exit," said Themis Themistocleous of UBS Wealth Management. "If suddenly the polls started swinging towards UK exit you most probably see that reflected more in the market."

  • BRUSSELS/ LONDON, Nov 20- Britain's relations with the European Union took another knock on Thursday when its legal challenge to a limit on bankers' bonuses was rejected by an adviser to the bloc's top court. Britain, home to the City of London where most of the bankers hit by the cap are based, said the law would push up fixed pay and goes beyond the EU's powers, a...

  • G20's new growth plans suspiciously long in the tooth Tuesday, 18 Nov 2014 | 12:21 AM ET

    SYDNEY, Nov 18- As leaders of the world's 20 most powerful nations congratulate themselves on plans to boost economic growth, a closer look at their 800- plus policy proposals reveals a catalogue of measures that are either old, vague or unlikely to be implemented. Australia, the hosts of the Group of 20 meeting, claimed credit for a year-long effort to get members...

  • *Russia at crossroads over Ukraine, more sanctions possible. BRISBANE, Australia, Nov 16- Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine. President Barack Obama accused Russia of...

  • UPDATE 2-Rouble loses ground on lower oil price Friday, 14 Nov 2014 | 11:01 AM ET

    MOSCOW, Nov 14- The Russian rouble fell on Friday, dragged down by weak oil prices and political instability in Ukraine, although it made up some ground late in the day as oil prices picked up somewhat. Russian assets are also under pressure because of fears that Western countries may introduce new sanctions against Russia over its actions in Ukraine.

  • MOSCOW, Nov 14- The Russian rouble fell further on Friday, dragged down by weak oil prices and by fears of new Western sanctions against Russia because of the deteriorating ceasefire in eastern Ukraine. Russian assets are also under pressure because of fears that Western countries may introduce new sanctions against Russia over its actions in Ukraine.

  • LONDON, Nov 12- The Bank of England sees British inflation falling below 1 percent in the next six months and Governor Mark Carney said markets were right to rule out an interest rate hike any time soon. He also pointed to "troubling" developments in the euro zone, home to Britain's main trading partners, where the economy is at risk of falling back into recession.

  • LONDON, Nov 10- Prime Minister David Cameron said on Monday that Britain should not be willing to stay in the European Union "come what may", as his main political rival said the promise of a referendum on membership of the bloc was creating uncertainty for businesses. In a bid to quell dissent among his own lawmakers and win back voters who have defected to the anti- EU...

  • LONDON, Nov 10- British Prime Minister David Cameron on Monday rejected a charge from his main political rival that his plan to reshape Britain's ties with its European Union partners creates uncertainty for businesses,. In an attempt to quell dissent among some of his own lawmakers and win back Eurosceptic voters who have defected to the anti- EU UK...

  • MOSCOW, Nov 7- Russia is committed to the peace process in eastern Ukraine and wants further talks on ending the conflict between government forces and separatists, the Kremlin said on Friday. "We support the continuation of the Minsk process and advocate holding another meeting of the Contact Group," Ushakov told reporters, referring to a ceasefire agreement...

  • LONDON, Nov 4- A deal to rescue the UK's Milford Haven oil refinery has collapsed, forcing operator Murphy Oil to shut the plant with the loss of hundreds of jobs, the latest victim of a slump in the European refining industry. Emphasizing the political cost of jobs being axed in the run up to a UK general election next year, British Prime Minister David Cameron called...

  • BRUSSELS, Nov 5- EU finance ministers are likely to let Britain pay a hefty new bill to Brussels in interest-free instalments, but rule out any reduction in the surcharge, triggered by historic revisions to national income data, officials told Reuters on Wednesday. Cameron, who lambasted EU technocrats over the issue at a summit in Brussels two weeks ago, has found...

  • BRUSSELS, Nov 5- EU finance ministers are likely to let Britain pay a hefty new bill to Brussels in interest-free instalments, but rule out any reduction in the surcharge, triggered by historic revisions to national income data, officials told Reuters on Wednesday. The row over the 2.1 billion euro demand for payment with little more than a month's notice has put...

  • BRUSSELS, Oct 26- Outside the European Commission's hulking headquarters, a poster on a street lamp proclaims "Titanic: final weeks". It is advertising an exhibition in Brussels on the cruise liner sunk by an iceberg off Newfoundland a century ago. But as Jose Manuel Barroso spends his last few days at the helm of the European Union's often maligned executive arm,...

  • BRUSSELS, Oct 24- European Union finance ministers will hold an emergency meeting to review a disputed adjustment of EU budget contributions after Britain objected to demands for an extra 2.1 billion euro payment this year, EU diplomats said. They said EU presidency Italy agreed to host a special meeting of ministers with the executive European Commission to...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be agreed in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by increasing...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by...

  • EU leaders seek climate deal, but are divided over costs Wednesday, 22 Oct 2014 | 7:00 PM ET

    *Poland leads objections, but is not alone. BRUSSELS, Oct 23- European leaders aim to agree a new decade of energy policy to cut climate-warming gas emissions out to 2030 at an EU summit on Thursday, though sharp differences over sharing the cost means a deal could elude them. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year...

  • STRASBOURG, France, Oct 22- The European Union will have a new executive in place next month led by Jean-Claude Juncker following its approval in a vote by the European Parliament on Wednesday. Addressing the chamber before his European Commission was approved by 423 votes to 209, the former Luxembourg premier warned that voters were losing patience with EU...