Politics Theresa May

  • Britain's housing market has slowed since the June 2016 Brexit referendum with house prices, as measured by mortgage lenders Halifax and Nationwide, growing at the slowest pace in around five years. Simon Rubinsohn, RICS' chief economist, said December's fall in price expectations was linked to Brexit uncertainty which has deepened further in recent days...

  • People are reflected in a glass while looking at electronic boards displaying stock information at the Australian Securities Exchange.

    China's central bank pumped almost $83 billion into its banking system in a single day, which eased potential concerns over a potential funding squeeze in the economy ahead of a major festive season, analysts said.

  • SYDNEY, Jan 17- Asian shares crept higher on Thursday as upbeat bank earnings bolstered Wall Street, while an anti-climactic end to the latest chapter in the Brexit saga gave sterling a moment's peace. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, with Australia was ahead by 0.2 percent. On Wall Street, strong earnings from Bank...

  • SHERBROOKE, Quebec, Jan 16- The uncertainty over whether the United Kingdom will leave the European Union is not a direct problem for Canada but will hit the global economy, Canadian Finance Minister Bill Morneau said on Wednesday. Morneau, speaking to reporters on the sidelines of a Cabinet retreat, sidestepped questions about whether Canada would seek to...

  • Theresa May speaks on Brexit

    British Prime Minister Theresa May speaks about her confidence vote and the next steps in the path to Brexit. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Mark Tepper, Dan Nathan and Guy Adami.

  • LONDON, Jan 16- Prime Minister Theresa May won a confidence vote in the British parliament on Wednesday and then appealed to lawmakers from across the political divide to come together to try to break the impasse on a Brexit divorce agreement. Lawmakers voted 325 to 306 that they had confidence in May's government, just 24 hours after handing her European Union...

  • MOBILE, Ala., Jan 16- The chief executive of European planemaker Airbus said on Wednesday British ministers had expressed a "certain degree of optimism" that Britain would not leave the European Union without a transition deal. Asked in the United States whether businesses had received assurances that Britain would not leave the EU without a deal, Airbus Chief...

  • NEW YORK, Jan 16- The dollar rose against the euro on Wednesday as worries about the euro zone economy dented the single currency, while sterling was steady after British Prime Minister Theresa May's government won a no-confidence vote in parliament. Data this week showed Germany barely escaped a recession in the second half of 2018 and European Central Bank...

  • Palladium jumped to an all-time high of $1,358.50 an ounce, and was last up 3 percent at $1,358. George Gero, managing director at RBC Wealth Management, noted high demand from "the automobile industry using more and more of palladium" and lower supply were pushing prices higher. Spot gold rose 0.3 percent to $1,292.51 per ounce at 3:42 pm EST.

  • *UK PM May wins confidence vote, Brexit remains unclear. NEW YORK, Jan 16- U.S. Treasury yields rose on Wednesday as stronger-than-forecast results from two major U.S. banks lifted Wall Street to one-month highs and British Prime Minister Theresa May's win of a confidence vote, reducing safety bids for U.S. government debt.

  • *Surging U.S. supply may undermine OPEC efforts. NEW YORK, Jan 16- Oil prices edged higher on Wednesday, buoyed by a U.S. equity market rally and a supply cut agreement by OPEC+, but gains were limited by data showing growing U.S. refined product inventories and record crude production. Futures drew support from a supply cut agreement from the Organization of the...

  • *Bank of America, Goldman Sachs rise after results. *Financials gain the most among S&P 500 sectors. NEW YORK, Jan 16- Wall Street's major indexes hit one-month highs on Wednesday as upbeat earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.

  • LONDON, Jan 16- The pound held on to the day's gains on Wednesday, trading just off two-month highs against the euro as British Prime Minister Theresa May saw off a no-confidence vote, a day after lawmakers defeated her Brexit divorce deal. The scale of Tuesday's rout is seen opening the doors to a variety of other Brexit options, including a delay to the March 29...

  • LONDON, Jan 16- Prime Minister Theresa May won a confidence vote in the British parliament on Wednesday before proposing immediate talks with other party leaders in an attempt to break the deadlock on a Brexit divorce agreement. Lawmakers voted 325 to 306 that they had confidence in May's government, just 24 hours after handing her Brexit deal a crushing defeat...

  • NEW YORK, Jan 16- Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S. bank shares after strong earnings, while the pound was up after British Prime Minister Theresa May's government won a confidence vote in parliament. That should allow her to attempt to create a consensus among lawmakers on an agreement on Britain's...

  • LONDON, Jan 16- British Prime Minister Theresa May's victory in a vote of no confidence on Wednesday shows the importance of the Northern Irish Democratic Unionist Party that props up her government, its deputy leader said. May defeated the motion by a 19 vote margin in a vote in parliament. "The result of the motion of no confidence tonight illustrates the...

  • UK government survives no-confidence vote by thin majority

    CNBC's Willem Marx reports on the results of the no-confidence vote in the House of Commons. Prime Minister Theresa May survived the vote, 325 to 306.

  • UK Prime Minister Theresa May speaks after surviving no-confidence vote

    The United Kingdom's prime minister, Theresa May, survived a vote of no-confidence on the House of Commons after a massive Brexit defeat.

  • LONDON, Jan 16- Prime Minister Theresa May's government won a confidence vote in the British parliament on Wednesday, clearing the way for her to attempt to forge a consensus among lawmakers on a Brexit divorce agreement. Lawmakers voted 325 to 306 that they had confidence in May's government, just 24 hours after they handed her Brexit deal a crushing defeat that...

  • Britain's Prime Minister Theresa May leaves 10 Downing Street in London on January 16, 2019 ahead of Prime Minister's Questions (PMQs) to be followed by a debate and vote on a motion of no confidence in the government.

    The chances of a general election triggered by Brexit confusion look to have receded.