Politics Theresa May

  • DAVOS, Switzerland, Jan 22- The head of Swedish ferry operator Stena AB fears major disruption in the event of a hard Brexit but is still hoping that politicians can come up with a solution that allows business as usual. The comments from Carl-Johan Hagman, little over two months before the March 29 Brexit date, highlighted growing disquiet among businesses that...

  • LONDON, Jan 22- Sterling rose on Tuesday after strong employment data suggested Britain's labour market remained robust despite an economic slowdown ahead of Brexit. Investors are focused on how PM Theresa May will negotiate with the EU over the next few days, "said Tyler Griffin, a currency specialist at OFX. Sterling firmed on Monday after British Prime...

  • *European shares follow Asia lower, UBS results disappoint. European shares followed Asia into the red as disappointing earnings from Swiss bank UBS compounded what had been a catastrophic 2018 for Europe's banking sector, which lost nearly 30 percent of its value over the year. The downgrades heavily reflected weakness in Europe though, with Germany hurt by...

  • *FTSE 100 down 0.3 pct; FTSE 250 up 0.1 pct. Jan 22- Britain's FTSE 100 was lower in a broad sell-off across Asian and European markets on Tuesday as renewed worries about global economic slowdown hurt heavyweight energy, mining and banking stocks while easyJet took off after its results. The FTSE 100 was down 0.3 percent while the domestically-focused FTSE 250 was...

  • LONDON, Jan 22- Sterling edged lower on Tuesday on the back of a broadly strong dollar as investors waited for key UK employment data. Sterling firmed on Monday after British Prime Minister Theresa May promised to be more open with parliament in negotiating the country's future relationship with the European Union. "The overall probability of a...

  • *U.S.- China trade ties, Brexit key risks for world economy. China got the week off to a shaky start on Monday after Beijing reported 2018 growth in the world's second-largest economy slowed to its weakest pace in nearly 30 years. The gloomy news highlighted the challenges facing policymakers globally as they tackle an array of current or potential crises, from...

  • *MSCI Asia ex- Japan down 0.5 pct, Nikkei flat. *U.S.- China trade ties, Brexit key risks for world economy. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent, drifting away from a recent seven-week top.

  • Theresa May's Plan B was a 'rehashing' of original

    Bruce Wilson of RMIT University discusses a possible second referendum where voters to can choose how Brexit should occur, instead of choosing whether or not to remain in the European Union.

  • *U.S.- China trade relations, Brexit key risks for world economy. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1 percent but was still within striking distance of a seven-week top touched the previous day. However, equity prices in Europe and Latin America were hit after data showed a slowdown in growth in China, the world's second biggest...

  • No-deal Brexit would be a 'very significant disruption': Professor

    Jonathan Portes of King’s College London says it is "highly probable" that the U.K. won't leave the European Union on March 29 because more time is needed to make arrangements, even if the British Parliament can agree on a modified version of British Prime Minister Theresa May's deal. running down the clock her deal standing in the interest of both sides to extend

  • By Kylie MacLellan, William James and Elizabeth Piper. LONDON, Jan 21- British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish border. With little time left until the United Kingdom is due to leave the...

  • BRUSSELS, Jan 21- Poland's foreign minister said on Monday he had proposed limiting the Irish backstop to five years in order to unblock the Brexit deadlock, but the idea was immediately knocked back by Ireland as being out of step with the EU's stance. The Irish backstop- an insurance policy to avoid the return of a hard border between the Irish Republic and...

  • *FTSE 100 up 0.03 pct, FTSE 250 flat. Jan 21- British blue-chip shares eked out small gains as industrials were comforted by Prime Minister Theresa May's presentation to parliament of her European Union divorce deal Plan B, even as a stronger pound weighed on the index. London's FTSE 100 closed 0.03 percent higher after hitting near session lows with sterling...

  • By Kylie MacLellan, William James and Elizabeth Piper. LONDON, Jan 21- British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish border. With little time left until the United Kingdom is due to leave the...

  • Prime Minister Theresa May listens in the House of Commons, London.

    The U.K. leader again refused to rule out a "no-deal" exit as a possibility and rejected the idea of a second referendum.

  • Spot gold was 0.1 percent down at $1,279.52 an ounce by 1429 GMT, having touched its lowest since Dec. 28 at $1,276.31. We are seeing a bit of withdrawal of interest from the gold market, "said Macquarie commodity strategist Matthew Turner. World markets showed some relief from Chinese economic data in line with expectations and offered some bright spots, though...

  • BRUSSELS, Jan 21- Poland's foreign minister said on Monday he had proposed limiting the Irish backstop to five years in order to unblock the Brexit deadlock but the idea was immediately knocked back by Ireland as being out of step with the EU's stance. The Irish backstop- an insurance policy to avoid the return of a hard border between the Irish Republic and...

  • U.S. President Donald Trump (L) and Xi Jinping (R) , China's president, shake hands during a news conference at the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017.

    In some 25 years of attending Davos, the Atlantic Council's Fred Kempe says he's never seen "such concern among its attendees about emerging risk."

  • LONDON, Jan 21- Poland's foreign minister said on Monday he is proposing limiting the Irish backstop to five years in order to unblock the Brexit deadlock, a reporter for the BBC in Brussels said. The Irish backstop- an insurance policy to avoid the return of a hard border between the Irish Republic and Northern Ireland- is the most contentious element of British...

  • LONDON, Jan 21- Poland's foreign minister has confirmed that he is proposing limiting the Irish backstop to five years in order to unblock the Brexit deadlock, a reporter for the BBC in Brussels wrote on Twitter on Monday.