LONDON, Sept 22- Britain said on Saturday it would not "capitulate" to EU demands in Brexit talks and again urged its partners to engage with its proposals, as French and German ministers suggested the next move in the negotiations should come from London. British Prime Minister Theresa May on Friday demanded new proposals and respect from European Union leaders,...
*UK media says May was humiliated by EU leaders. LONDON, Sept 21- Prime Minister Theresa May's Brexit proposals were declared dead by the British media on Friday after what they cast as a humiliation at the hands of European Union leaders at an informal summit in Salzburg. After a dinner of Wiener schnitzel in Salzburg, EU leaders said they will push for a Brexit deal...
*Ireland collects 14.3 billion euros in total from Apple. DUBLIN, Sept 18- Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc plus interest of 1.2 billion which it will hold in an escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said on Tuesday. While the 14.3 billion euros would be enough to fund the...
*Ireland collects 14.3 billion euros in total from Apple. DUBLIN, Sept 18- Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc plus interest of 1.2 billion which it will hold in a escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said on Tuesday. While the 14.3 billion euros would be enough to fund the...
BRUSSELS, Sept 14- A view among investors that a Brexit deal is more likely has pushed the pound higher this month, perplexing European Union officials and diplomats involved in the talks who say key stumbling blocks remain. "You can always end up in hard Brexit by accident," he said, referring to a failure to agree on an orderly withdrawal before Britain leaves at the...
*Local Authority Pension Fund Forum concerned about firm. LONDON, Sept 14- Ryanair faced growing criticism from unions and investors on Friday about how it has handled an industrial relations revolt ahead of its annual shareholder meeting next week when its veteran chairman's position will be challenged. Britain's Local Authority Pension Fund Forum...
*Bank of England declines comment on reports. LONDON, Sept 14- Britain's property market would crash and mortgage rates spiral up in the event of a chaotic no-deal Brexit, with house prices falling 35 percent over three years, Bank of England Governor Mark Carney told ministers, The Times newspaper reported. There is, so far, no full exit agreement between Brussels...
LONDON— Bank of England Governor Mark Carney warned Friday that developments surrounding Brexit are "the most significant influences" on the economic outlook for Britain. "The Bank of England is well-prepared for whatever path the economy takes, including a wide range of potential Brexit outcomes," he said in a speech in Dublin, Ireland. "We have used our stress...
LONDON/ TOKYO, Sept 13- At least 20 financial firms are applying for licenses to operate in Amsterdam in preparation for Britain's departure from the European Union, a source with knowledge of the matter said. Amsterdam has been competing aggressively with Frankfurt, Paris and Dublin to attract business from London, all of which have chalked up recent major...
BERLIN/ LONDON, Sept 12- Pilots and cabin crew at Ryanair in Germany staged a full-day walkout on Wednesday and threatened further strikes as management at Europe's largest low-cost carrier struggled to rein in an industrial relations revolt. The strike came a day before unions representing cabin crew in five countries- including No. 2 and 3 markets Italy and...
*New York top, followed by London, Hong Kong, Singapore. LONDON, Sept 12- New York has overtaken London as the world's most attractive financial center, a survey said on Wednesday, as Britain's decision to leave the EU prompts banks to shift jobs out of the city to keep access to Europe's single market. New York took first place, followed by London, Hong Kong and Singapore...
LONDON— Britain's Treasury chief said Tuesday that striking a divorce deal with the European Union over the next two months is "doable," while the boss of Jaguar Land Rover warned that tens of thousands of jobs could be lost if the country crashes out of the EU with no agreement. With Brexit a little more than six months away, concerns have grown that the sides will not...
ZEEBRUGGE, Belgium— With arms flailing and raised voices, a shipping manager and a customs chief in the Belgian port of Zeebrugge talk through all the things that could go wrong if the Brexit talks fail. Not since the 1970 s have port towns like this had to deal with customs in their massive trade with Britain, and that could change on Brexit day on March 30, 2019.
VIENNA, Sept 8- France is willing to consider ways to compensate Ireland for possible lost revenue resulting from a proposed European Union tax on big internet companies, French officials said. Ireland, where many U.S. internet giants book their profits in Europe, much to the frustration of other countries like France, has so far been most opposed, French...
DUBLIN, Aug 29- Packaging company Smurfit Kappa Plc on Wednesday confirmed the temporary seizure of its Venezuelan plant by the government and the detention of two employees and said it would work to protect the interests of its stakeholders. Smurfit, which has operated in Venezuela since 1986, last week refuted all allegations which it described as without...
Aug 23- The U.S. Food and Drug Administration on Thursday approved a first of its kind drug from Shire Plc to treat patients aged 12 and older suffering from a rare hereditary disease that causes swelling. The drug, Takhzyro, is expected to bring in blockbuster sales for Shire, and is important to Japan's Takeda Pharmaceutical Co Ltd, which plans to buy the Dublin-...
*UK will take measures to minimise disruption. LONDON, Aug 23- Britons living in the European Union could lose access to their UK bank account services and businesses on the continent could be cut off from investment banks in London if there is a no-deal Brexit, the British government said on Thursday. In a document detailing contingency planning if Britain...
*UK will take measures to minimise disruption. LONDON, Aug 23- Britons living in the European Union could lose access to their UK bank accounts and businesses on the continent could be cut off from investment banks in London if there is a no-deal Brexit, the British government said on Thursday. In a document detailing contingency planning if Britain leaves the EU...
*UK will take measures to minimise disruption. LONDON, Aug 23- Britons living in the European Union could lose access to their UK bank accounts and businesses on the continent could be cut off from investment banks in London if there is a no-deal Brexit, the British government said on Thursday. Over a million Britons living abroad may not be able to access their UK...
DUBLIN, Aug 23- Ryanair has reached an agreement in its dispute with the trade union representing its Irish pilots, representing a breakthrough in the airline's efforts to quell employee protests around Europe, sending its share price sharply higher. The carrier's passengers have suffered flight cancellations this summer because of protests by pilots over...
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