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  • THURSDAY, JUNE 30 NEW DELHI- World Bank Group President Jim Yong Kim holds a press conference to share his thoughts on and highlights of his India visit, including on meetings with Prime Minister Narendra Modi and Finance Minister Arun Jaitley. SEOUL- South Korean Finance Minister Yoo Il-ho to speak on the latest developments of the Korean economy and ways to...

  • CARACAS, June 29- Venezuelan state oil company PDVSA has signed financing agreements with services firms Halliburton and Weatherford, PDVSA's president said on Wednesday, following chronic payment difficulties for companies working in the OPEC nation. The company's access to hard currency has tumbled along with the price of oil, and Venezuela is...

  • LONDON, June 29- It is not in the European Union's interests to give Britain a bad deal in its Brexit negotiations because it is an essential market for many EU states' key industries, leading Brexit campaigner Chris Grayling told Reuters. '-this is a really important trading relationship for the European Union, "he said. "To me trading normally means that German cars...

  • BREXIT CAMPAIGNER GRAYLING SAYS THE EUROPEAN UNION IS BEING LEFT BEHIND ECONOMICALLY, FACES HUGE CHALLENGES AHEAD BUT NOT NECESSARILY DOOMED.

  • BRUSSELS, June 29- It had been billed as David Cameron's most awkward summit, a time when he would be forced to rake over the mistakes which led to Britain voting to leave the European Union. Cameron apologised for being unable to deliver the victory that other leaders hoped he would secure after they bent EU treaties out of shape to cut him a deal on curbing...

  • BRUSSELS, June 29- Germany and the European Commission told Italy on Wednesday to follow the rules after Italy made preliminary plans to prop up its banks in the wake of volatility caused by Britain's vote to leave the European Union. Banking and government sources said Italy was preparing to protect its banking industry by requesting more flexibility from...

  • SINTRA, Portugal, June 29- The European Central Bank is in no rush to ease monetary policy in response to Britain's vote to leave the European Union, taking comfort in a calmer-than-feared market reaction, bank officials said on Wednesday. Indeed, ECB Vice President Vitor Constancio said that markets were already rebounding, banks suffered no liquidity...

  • LONDON, June 29- Britain should not give formal notice that it intends to leave the European Union until it has decided its negotiating position, a British lawmaker who heads an influential parliament committee said on Wednesday. "The UK's negotiating position has yet to be established. Article 50 should not be triggered until it has been, "Treasury Committee...

  • BERLIN, June 29- German Finance Minister Wolfgang Schaeuble warned on Wednesday there was a danger that Britain's decision to leave the European Union could cause a domino effect in the bloc.

  • PARIS, June 29- Britain's vote last week to leave the European Union is an opportunity to ease off on the bloc's "suicidal" antitrust stance against industrial mergers, the head of French telecoms operator Numericable-SFR, Michel Combes, said on Wednesday. To date, those French merger attempts have been overseen by French authorities, but at a European level, since...

  • FRANKFURT, June 29- The European Central Bank is in no rush to ease its monetary policy in response Britain's vote to leave the European Union, taking comfort in a calmer-than-feared market reaction, several sources have told Reuters. Emergency swap lines designed to provide euros to UK banks in case of stress had not been activated and, contrary to what had...

  • FRANKFURT, June 29- The European Central Bank is in no rush to ease its monetary policy in response Britain's vote to leave the European Union, taking comfort in a calmer-than-feared market reaction, several sources have told Reuters. Emergency swap lines designed to provide euros to UK banks in case of stress had not been activated and, contrary to what had...

  • BUDAPEST, June 29- European Union leaders agreed that Britain must honor all four basic freedoms of the EU if it wants to retain access to the single market after its presumed exit from the bloc, Hungarian Prime Minister Viktor Orban said on Wednesday. The four freedoms are the free movement of goods, people, capital and services. EU leaders met in Brussels.

  • LONDON, June 29- Britain has appointed Oliver Robbins, a senior official at the interior ministry, to head the unit that will help negotiate an exit from the European Union. Robbins, Second Permanent Secretary at the Home Office, will move to his new role as head of the EU unit on July 4, the Cabinet Office said. "He will offer the very best advice and support to the...

  • *Scotland's Sturgeon in Brussels as EU meets without Cameron. BRUSSELS, June 29- The European Commission rolled out the red carpet for Scotland's first minister on Wednesday, hours after outgoing British Prime Minister David Cameron told an EU summit his country would be leaving the European Union following last week's referendum. A spokeswoman for the EU...

  • *Europe presses Britain to trigger exit to end uncertainty. *UK Labour lawmakers declare no confidence in leader. LONDON/ BRUSSELS, June 28- European leaders told Britain on Tuesday to act quickly to resolve the political and economic confusion unleashed by its vote to leave the European Union last week, after the IMF said the uncertainty could put pressure on...

  • *Europe presses Britain to trigger exit to end uncertainty. *UK Labour lawmakers declare no confidence in leader. LONDON/ BRUSSELS, June 28- European leaders told Britain on Tuesday to act quickly to resolve the political and economic confusion unleashed by its vote to leave the European Union last week, after the IMF said the uncertainty could put pressure on...

  • Secretary of State John Kerry held out the possibility on Tuesday of negotiating separate trade deals with Britain and the European Union at the same time, but a spokesman later said he did not mean to suggest such a plan. Speaking in Colorado, Kerry was asked about President Barack Obama's April comment that Britain would go to the "back of the queue" if it voted to...

  • MONESSEN, Pennsylvania/ WASHINGTON, June 28- R epublican presidential candidate Donald Trump on Tuesday vowed to force Canada and Mexico to renegotiate the NAFTA trade agreement with the United States if elected, as part of an effort to protect and restore American jobs. Trump criticized the North American Free Trade Agreement as a U.S. job killer, saying he...

  • *Europe presses Britain to trigger exit to end uncertainty. *UK Labour lawmakers declare no confidence in leader. LONDON/ BRUSSELS, June 28- European leaders told Britain on Tuesday to act quickly to resolve the political and economic confusion unleashed by its vote to leave the European Union last week, after the IMF said the uncertainty could put pressure on...