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  • *May had been due to contest ballot with Andrea Leadsom. LONDON, July 11- Interior minister Theresa May will become Britain's prime minister on Wednesday, with the task of steering its withdrawal from the European Union, after rival Andrea Leadsom abruptly terminated her short-lived and disastrous leadership campaign. Britain's planned withdrawal has...

  • *May had been due to contest ballot with Andrea Leadsom. LONDON, July 11- Interior minister Theresa May is set to become Britain's prime minister on Wednesday with the task of steering its withdrawal from the European Union after her only rival abruptly pulled out. Britain's planned withdrawal has weakened the 28- nation bloc, created huge uncertainty over...

  • LONDON, July 8- Britain has nominated its ambassador to France, Julian King, to fill its vacant seat on the European Commission, replacing Jonathan Hill who resigned after Britons voted to leave the European Union. While British Prime Minister David Cameron has been keen to replace Hill, EU sources have said the bloc's lawmakers could block any appointment as...

  • BRUSSELS, July 8- Britain's ruling Conservative party has determined that either Theresa May or Andrea Leadsom will succeed David Cameron as prime minister on Sept. 9 and so negotiate British withdrawal from the European Union. EU leaders insist they will not allow any negotiation before Cameron's successor formally notifies them Britain is leaving under...

  • BRUSSELS, July 8- Britain's ruling Conservative party has determined that either Theresa May or Andrea Leadsom will succeed David Cameron as prime minister on Sept. 9 and so negotiate British withdrawal from the European Union. EU leaders insist they will not allow any negotiation before Cameron's successor formally notifies them Britain is leaving under...

  • BRUSSELS, July 8- Britain's ruling Conservative party has determined that either Theresa May or Andrea Leadsom will succeed David Cameron as prime minister on Sept. 9 and so negotiate British withdrawal from the European Union. EU leaders insist they will not allow any negotiation before Cameron's successor formally notifies them Britain is leaving under...

  • BRUSSELS, July 8- Britain's ruling Conservative party has determined that either Theresa May or Andrea Leadsom will succeed David Cameron as prime minister on Sept. 9 and so negotiate British withdrawal from the European Union. EU leaders insist they will not allow any negotiation before Cameron's successor formally notifies them Britain is leaving under...

  • Since Britain's June 23 vote to leave the European Union, every piece of economic, such as Friday's jobs report, data comes with a question mark- how much does it reflect domestic economic developments and how much the short and long-term implications of an economic reordering that may take years to play out. For Fed policymakers it means balancing the mainly...

  • *Bank of England acts to free up bank lending. LONDON, July 5- Interior minister Theresa May opened up a strong lead on Tuesday in what is now a three-horse race to become Britain's next prime minister, but the first stage of voting was overshadowed by post-Brexit carnage for property investors and the pound. May won 165 votes in a first ballot of Conservative...

  • LONDON, July 5- Interior minister Theresa May opened up a strong lead over her nearest rival, Andrea Leadsom, on Tuesday in the contest to become Britain's next prime minister, but the race was overshadowed by post-Brexit carnage for property investors and the pound. May won 165 votes in a first ballot of Conservative members of parliament and Leadsom, a junior...

  • BRUSSELS, July 3- After the self-inflicted wound of voting to quit the European Union, Britain's best option to limit the mutual economic and political damage could be called the "Hotel California" model. Once the dust settles, Britain could "check out" of the EU by handing in its notice, but effectively stay half-way in the world's biggest trading bloc by joining the...

  • *Barclays cuts 2016 Brent, WTI forecasts by $3/ bl. NEW YORK, July 1- Oil prices surged on Friday, and Brent crude posted its largest weekly gain since mid May, as investors positioned for the start of third quarter trading while a weaker dollar boosted prices of most commodities. "Higher rigs indicate higher production, but we're still down by more than 300 rigs from a...

  • *Barclays cuts 2016 Brent, WTI forecasts by $3/ bl. "Higher rigs indicate higher production, but we're still down by more than 300 rigs from a year ago, so no one's really too worried about it for now," said Phil Flynn, analyst at the Price Futures Group brokerage in Chicago. Brent futures were up 30 cents, or 0.6 percent, at $50.01 a barrel by 1:44 p.m. EDT.

  • Divorce

    If you are divorced, your ex-spouse can receive benefits based on your record (even if you have remarried). CNBC's Sharon Epperson has more on what you need to know about Social Security and divorce.

  • LEADING BREXIT CAMPAIGNER GRAYLING TELLS REUTERS THAT ARTICLE 50 ON FORMAL BREXIT DIVORCE TERMS SHOULD BE INVOKED ONLY WHEN BRITAIN IS READY.

  • 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...

  • LONDON, June 29- U.S. investment banks Goldman Sachs and Morgan Stanley have denied speculation they are poised to shift London- based staff and operations to Frankfurt as soon as Britain's divorce proceedings from the European Union formally begin. "We have not made any changes to our real estate requirements in Frankfurt as a result of the referendum result,"...

  • WASHINGTON, June 27- Senior Obama administration officials sought to calm jittery markets on Monday, insisting there was no financial crisis brewing after Britain's vote to leave the European Union and urging officials on both sides to take a "responsible" approach to the looming separation. "There's no question that this is an additional headwind, but I think...

  • WASHINGTON, June 27- Senior Obama administration officials sought to calm jittery markets on Monday, insisting there was no financial crisis brewing after Britain's vote to leave the European Union and urging officials on both sides to take a "responsible" approach to the looming separation. "There's no question that this is an additional headwind, but I think...

  • BRUSSELS, June 27- Stalemate between Britain and the European Union over what happens next following Britons' referendum vote to leave has opened up a host of possible scenarios. In the most amicable divorce scenario, Britain would trigger Article 50, possibly as early as Tuesday when Cameron meets the other 27 EU leaders at a Brussels summit, or via a formal...