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  • LONDON, March 29- Goldman Sachs sought to reassure London- based staff over potential disruption to its business as Britain prepares to leave the European Union, in a voicemail to staff sent by the Wall Street firm's Europe CEO. British Prime Minister Theresa May will trigger formal EU divorce proceedings on Wednesday, launching two years of negotiations that...

  • BERLIN— European regulators blocked the proposed merger of Germany's Deutsche Boerse and the London Stock Exchange on Wednesday, saying it would effectively have created a European monopoly in clearing bonds. They shot down the pair's third attempt at a merger, which would have united the stock exchanges of Germany, Britain and Italy as well as several of the...

  • LONDON— UK Prime Minister: Britain has triggered EU divorce process,' acts on the democratic will of the British people'.

  • LONDON, March 29- Sterling slipped to an eight-day low against the dollar on Wednesday, just hours before Prime Minister Theresa May was due to trigger two years of negotiations to take Britain out of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk that the UK really is quitting the bloc it joined in...

  • LONDON, March 29- Sterling slipped to an eight-day low against the dollar on Wednesday, just hours before Prime Minister Theresa May was due to trigger two years of negotiations to take Britain out of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk that the UK really is quitting the bloc it joined in...

  • LONDON, March 28- While banks warn Britain's European Union divorce could drive the pound below $1.20, their option traders have cut the cost of insuring against further falls in the two years it has left inside the bloc. A company wanting to insure its revenues or financial investments against further falls in the currency could pay 4.8 percent on Tuesday, back...

  • LONDON, March 29- Prime Minister Theresa May will file formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the endurance of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk in a letter that the UK really...

  • DUBLIN, March 29- Flights between Britain and the European Union risk being suspended in 2019 if Britain does not prioritize a new aviation deal in Brexit negotiations, Irish low-cost airline Ryanair warned on Wednesday. "It's become worrying that the UK government seems to have no plan B to maintain Britain's liberalized air links with Europe, in the absence of...

  • British Prime Minister Theresa May says Britain has not received a multi-billion dollar exit bill from the European Union. EU officials have said Britain will have to pay as much as 50 billion euros before it leaves to cover EU staff pensions and other obligations. She did not indicate how much Britain would be willing to pay, saying only that Britain will no...

  • LONDON, March 29- Lloyd's of London, the world's largest speciality insurance market, has picked Brussels for its planned European Union subsidiary, The Insurance Insider reported late on Tuesday. Lloyd's has been one of London's financial services firms most vocal about the need for a European Union subsidiary if Britain has no access to the single market...

  • LONDON, March 29- Prime Minister Theresa May will file formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the endurance of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk in a letter that the UK really...

  • LONDON— A timeline of key events related to Britain's decision to leave the European Union:. Jan. 23, 2013: British Prime Minister David Cameron promises a referendum on Britain's membership to the EU if the Conservative party is elected in the next general election. Feb. 20, 2016: Cameron announces that he has negotiated a deal with EU leaders which will give...

  • Britain's top envoy to the EU, Tim Barrow, hand-delivered a letter to European Council President Donald Tusk formally triggering a two-year countdown to the final split. Tusk tweeted that "after nine months the U.K. has delivered," followed by a photo of Barrow handing him the letter in front of British and EU flags in Brussels. To Britain, he said: "We already miss you.

  • HONG KONG— World stock markets were subdued Wednesday as Britain triggered the start of its exit from the European Union, a formal step that kicks off two years of negotiations that will have wide-ranging consequences for business in the region. KEEPING SCORE: Britain's FTSE 100 was faring worst in Europe, dropping 0.4 percent to 7,317. Germany's DAX climbed...

  • TOKYO, March 29- The dollar pulled away from 4-1/ 2- month lows against a currency basket on Wednesday after solid data backed expectations for more U.S. interest rate hikes this year, while sterling was knocked by Britain triggering its exit from the European Union. It managed to crawl off a low of 98.858 plumbed earlier this week, its weakest level since Nov. 11, in...

  • BRUSSELS, March 29- Michel Barnier has a dealmaker's flair for gauging what the other side can accept but as Theresa May launches Brexit negotiations some EU officials wonder if Brussels' man can really figure out what she wants. That is a nagging question for European Union leaders who need the veteran French minister and EU commissioner to best the British...

  • TOKYO, March 29- The dollar pulled away from 4-1/ 2- month lows against a currency basket on Wednesday as solid data backed expectations for more U.S. interest rate hikes this year, while sterling was knocked by concern about Britain's impending exit from the European Union. The healthcare stumble raised doubts that Trump would be able to carry out his fiscal...

  • LONDON- Bank of England Executive Director, Chris Salmon speaks at Foreign Exchange Industry event in London. FRANKFURT- European Central Bank Executive Board Member Peter Praet delivers speech at the "2017 Harvard Law Europe- US Symposium on International Financial Systems"- 1750 GMT. NEW YORK- Federal Reserve Bank of San Francisco President John Williams...

  • LONDON- Bank of England Executive Director, Chris Salmon speaks at Foreign Exchange Industry event in London. FRANKFURT- European Central Bank Executive Board Member Peter Praet delivers speech at the "2017 Harvard Law Europe- US Symposium on International Financial Systems"- 1750 GMT. NEW YORK- Federal Reserve Bank of San Francisco President John Williams...

  • *Libya supply cut by a third due to armed faction action. NEW YORK, March 28- Oil prices rose as much as 2 percent on Tuesday after a severe disruption to Libyan oil supplies and as officials suggested OPEC and other producing countries could extend an output-cuts deal to the end of the year. Armed factions have blocked production at the western Libyan oilfields of...