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FLORENCE, Italy— Britain is prepared to abide by European Union rules and pay into the bloc's coffers for two years after leaving the EU in March 2019, Prime Minister Theresa May said Friday in a conciliatory speech intended to revive foundering exit talks. May traveled to Florence, Italy— birthplace of the Renaissance— in hopes of rebooting negotiations with the...
LONDON— Prime Minister Theresa May will try to kick-start faltering Brexit negotiations on Friday by proposing a new economic and security partnership between Britain and the European Union, plus a transition period after the U.K.' s formal departure in 2019, May's office said. EU leaders have been urging Britain to spell out what it wants from Brexit.
BRUSSELS, Sept 19- European Council President Donald Tusk said he would meet with British Prime Minister Theresa May in London next Tuesday to discuss Brexit, days after she is due to make a keynote speech on her vision for future ties with the EU. The London meeting between the pair will come at a sensitive time- just after her speech in Florence on Friday and before...
*39 firms detailed moves from UK, new jobs in Europe. LONDON, Sept 18- Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. Frankfurt was by far the most popular destination...
A week before negotiations between Britain and the bloc are due to resume in Brussels, the U.K. government announced Monday that the top civil servant on its negotiating team had left the Department for Exiting the European Union. In March, Britain triggered a two-year countdown to departure from the 28- nation EU. Since then, negotiations have made little...
Sep 15- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...
Market participants say the enthusiastic investor response could encourage other players in India's $50 billion wedding services market to consider going public. Matrimony.com' s initial public offering of up to 5 billion rupees was subscribed 4.4 times over as of 7.45 p.m. India time on Wednesday, the last day of sale, with applications for over 12.5 million...
Market participants say the enthusiastic investor response could encourage other players in India's $50 billion wedding services market to consider going public. Matrimony.com' s initial public offering of up to 5 billion rupees was subscribed 4.4 times over as of 7.45 p.m. India time on Wednesday, the last day of sale, with applications for over 12.5 million...
LONDON, Sept 13- Britain's job market is defying the Brexit blues but wages are still in the dumps, data showed, suggesting the Bank of England will tread carefully on Thursday with any signals about when it may finally raise interest rates. Wednesday's data underscored how the economy is no longer following the once widely agreed rules on the link between job...
FRANKFURT, Sept 12- Deepening uncertainties over the direction and timetable of Brexit negotiations may force Toyota to shift some UK production elsewhere if they are not addressed, the Japanese carmaker warned on Tuesday. Early government assurances that free trade with the European Union would survive Britain's departure have been replaced by talk of...
LONDON, Sept 7- Britain's biggest carmaker Jaguar Land Rover has said it is starting to feel the first effects of Brexit, with EU citizens demanding improved contracts and international suppliers less willing to commit to the country. Britain's thriving car industry had warned ahead of last year's EU referendum that supply chains could be crippled and its...
LONDON, Sept 5- Britain will set out on Wednesday its aim to work closely with the European Union on space exploration, nuclear research and on developing medicines after Brexit, part of efforts to move talks on to discuss their future relationship. In its latest paper outlining the government's vision for ties after it leaves the bloc in March 2019, Britain will...
BRUSSELS, Aug 31- Britain's withdrawal negotiations with the European Union failed to make the kind of progress needed to move into a new phase in October, chief EU negotiator Michel Barnier said on Thursday after four days of talks. However, both he and British Brexit Secretary David Davis spoke of a constructive attitude on both sides aimed at avoiding...
BRUSSELS, Aug 31- The European Union's chief Brexit negotiator said on Thursday no "decisive progress" had been achieved in the third round of Brexit talks, and that opening talks on the two sides' future ties in October was doubtful at the current pace. Britain's Brexit minister David Davis said the sides "made some concrete progress," that there was "high degree of...
TOKYO, Aug 31- The head of luxury British carmaker Aston Martin said on Thursday that non-tariff barriers to trade, which could slow down the export of the firm's top-end models, were his biggest concern about Brexit. Chief Executive Andy Palmer, who is accompanying Prime Minister Theresa May as part of a trade mission to Japan, said that whilst the firm could...
TOKYO, Aug 31- The head of luxury British carmaker Aston Martin said on Thursday that non-tariff barriers to trade, which could slow down the export of the firm's top-end models, were his biggest concern about Brexit. Chief Executive Andy Palmer, who is accompanying Prime Minister Theresa May as part of a trade mission to Japan, said that whilst the firm could...
BRUSSELS, Aug 30- British and European Union negotiators exchanged recriminations on Wednesday over a lack of progress in the latest round of talks on Britain's withdrawal, with both sides demanding change to meet looming deadlines. Ahead of a planned Thursday morning news conference with his British counterpart David Davis, chief EU negotiator Michel...
LONDON, Aug 30- Insurers in Britain face crunchtime within weeks if the government and the European Union do not allow millions of cross-border policies to continue to run undisturbed beyond Brexit. While Britain is not due to leave the bloc until March 2019, insurers say they need to know by November whether they must move contracts with EU customers out of...
