Europe Top News and Analysis Brussels

  • ROME, July 23- Italian Prime Minister Giuseppe Conte said on Tuesday that blocking works on a rail link with France would cost Italy more than completing the infrastructure, taking a stance on an issue that has divided the government coalition for months. In a video message posted on Facebook, Conte said the European Union would provide more funds than initially...

  • *Johnson vows to get Brexit done on Oct. 31. LONDON, July 23- Boris Johnson, the Brexiteer who has promised to lead Britain out of the European Union with or without a deal by the end of October, will replace Theresa May as prime minister after winning the leadership of the Conservative Party on Tuesday. His convincing victory catapults the United Kingdom towards a...

  • *Oil eases back after two days of Iran tension driven gains. *Coca-Cola and United Technologies help Wall Street futures. LONDON, July 23- A speeding autos sector and hopes for even lower borrowing costs buoyed world stocks on Tuesday, while a brief sterling rally proved short-lived as hard-Brexit advocate Boris Johnson was confirmed as Britain's new prime...

  • By Tommy Wilkes and Virginia Furness. LONDON, July 23- Sterling, already trading near its lowest in two years, was little moved on Tuesday after Boris Johnson won the contest to be Britain's new prime minister, as investors worried whether he would lead Britain towards a no-deal Brexit. Johnson has said Britain will leave the EU on the Oct. 31 deadline even if no...

  • LONDON, July 23- Boris Johnson, the ebullient Brexiteer who has promised to lead Britain out of the European Union with or without a deal by Halloween, will replace Theresa May as prime minister after winning the leadership of the Conservative Party on Tuesday. His victory catapults the United Kingdom towards a Brexit showdown with the EU and towards a...

  • Europe climbs as car sector has best day since April 1. LONDON, July 23- A wave of central bank easing and positive soundings from the earnings season buoyed world stocks on Tuesday, while Britain's pound fell before the expected confirmation of hard-Brexit advocate Boris Johnson as the country's prime minister. "The results are coming in and have helped the...

  • *But rise capped by politics in UK, Italy and Spain. But with the governments in the UK, Spain and Italy all in various stages of flux, the move was limited, and yields were still near the record lows posted recently. Upcoming events include a rumoured meeting between the leaders of the two squabbling parties who make up Italy's coalition government, 5- Star...

  • PARIS, July 23- Channel Tunnel operator Getlink posted lower first-half operating profits on Tuesday and said the scenario of Britain leaving the European Union without a divorce deal on October 31 was becoming "very likely". In 2018 the group carried 21 million passengers, 17 million trucks, 2.7 million cars and 26% of trade between Britain and the European...

  • WASHINGTON, July 22- The European Union is keen to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat to raise car tariffs, a top EU official said on Monday. Sabine Weyand, the European Commission's director general of trade and former deputy...

  • *Ex-minister by far most popular political figure in France. Opponents of CETA say it will bring unfair competition to French farmers as Canada's environmental legislation is less strict than in France. But with an approval rating of more than 70 percent in the Paris Match magazine weekly poll, the former nature programme presenter remains by far the most...

  • LONDON, July 22- 1/ ROAD TO NO. 10 Investors will wake on July 24 to a new British prime minister. Boris Johnson, the face of the Leave campaign in the 2016 Brexit referendum, is-- if betting markets are to be believed-- almost certain to capture the majority of Conservative Party members' votes and become the new leader, beating foreign minister Jeremy Hunt into second...

  • LONDON/ BRUSSELS, July 20- The European Union is set to block some countries from accessing parts of the bloc's financial market for the first time, an EU document seen by Reuters showed, a step that will ring alarm bells in Britain in the run up to Brexit. It is the system that Britain will likely have to use after it leaves the EU if UK firms are to avoid the expense of...

  • BRUSSELS IS PREPARING TO OFFER BORIS JOHNSON A NO-DEAL BREXIT EXTENSION BEYOND 31 OCTOBER- THE GUARDIAN, CITING SENIOR EU DIPLOMAT.

  • LONDON, July 19- 1/ ROAD TO NO. 10 Investors will wake on July 24 to a new British prime minister. Boris Johnson, the face of the Leave campaign in the 2016 Brexit referendum, is-- if betting markets are to be believed-- almost certain to capture the majority of Conservative Party members' votes and become the new leader, beating foreign minister Jeremy Hunt into second...

  • LONDON, July 17- Sterling fell below $1.24 to a more than two-year low on Wednesday as markets continued to price in the growing risk of Britain crashing out of the European Union without a transition arrangement in place. With economic data also showing the UK economy struggling to gain traction, heaping more pressure on the Bank of England to ease monetary...

  • Changes to apply to sites in Germany, Europe, America and Asia. FRANKFURT, July 17- Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, taking action to appease regulators as pressure on the e-commerce giant grows in Europe and the United States. The changes will apply not only to Germany,...

  • PARIS, July 17- European car sales dropped 7.9% in June, led by bigger declines for Nissan, Volvo and Fiat Chrysler, according to industry data published on Wednesday. Registrations fell to 1.49 million cars last month from 1.62 million a year earlier across the European Union and EFTA countries, the Brussels- based Association of European Carmakers said in a...

  • *Changes to apply to sites in Germany, Europe, "America and Asia". FRANKFURT, July 17- Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer. It added the changes, to take effect in 30 days, would apply not...

  • LONDON, July 16- Sterling plunged briefly below $1.24 for the first time in 27 months on Tuesday and also hit six-month troughs against the euro as the two candidates to be Britain's next prime minister vied to outgun each other on taking a harder Brexit stance. Their positions appear to be leading markets to price a sharply higher risk of Britain leaving the...

  • LONDON, July 16- Sterling plunged briefly below $1.24 for the first time in 27 months on Tuesday and also hit six-month troughs against the euro as the two candidates to be Britain's next prime minister vied to outgun each other on taking a harder Brexit stance. Their positions appear to be leading markets to price a sharply higher risk of Britain leaving the...