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Stories tagged: EU

Brexit minister: Some EU migrants may have to leave UK

Some European Union citizens may not be allowed to stay in Britain after the U.K. leaves the bloc, the U.K. minister in charge of negotiating the divorce has said.

EU widens antitrust probe to include Google ad, shopping biz

BRUSSELS – The European Union has opened a new front in its battle with Google, accusing the technology giant of abusing its dominant position in the online search market to …

Bank of England mulls rate cut to cushion Brexit blow

Britain’s vote to leave the European Union is already taking its toll on the British economy, raising speculation that the Bank of England will on Thursday decide to reduce its …

Theresa May becomes Britain’s new leader as Cameron exits

In a carefully orchestrated political ballet, David Cameron left his job and his home at 10 Downing Street on Wednesday, resigning as prime minister soon afterward at Buckingham Palace. Theresa …

China, EU agree to steel working group amid dumping concerns

EU leaders said Wednesday that they have agreed with China to form a working group to discuss Beijing’s overproduction of steel, an issue they say is linked to whether they …

Incoming British prime minister expected to put ‘Brexit’ in motion soon

When would the new leader of the U.K. execute “Brexit”? And what would be the fate of Larry, the Downing Street cat?

Warnings of British economic downturn piling up

The warnings are piling up – Britain’s decision to leave the European Union appears to be already hitting the economy.

IMF: Brexit fallout will shave eurozone growth in 2016, 2017

Britain’s decision to leave the European Union will trim economic growth this year and next across the 19 countries that share the euro currency.

‘Brexit’ raises fears of global currency wars

The quick rebound in global stocks last week following Britain’s vote to leave the European Union was welcome relief to investors. Many surmised that markets were now looking past the …

UK gov’t won’t offer guarantee to EU citizens

Britain’s immigration minister says he can’t guarantee that European Union citizens who live in the U.K. will be able to stay after the country leaves the bloc.

UK left with power vacuum as UKIP leader latest to step down

The head of the U.K. Independence Party, Nigel Farage, resigned Monday as party leader, the latest British political chief to tumble amid the political turmoil following the country’s vote to …

Britain plans to cut corporation tax to hold onto business

Britain’s Treasury chief plans to cut U.K. corporation tax to less than 15 percent to encourage companies to invest and ease business concerns about the country’s vote to leave the …

Stocks dip in Europe amid thin trading; U.S. closed for holiday

European stock markets slipped Monday, despite gains earlier in Asia, as investors awaited more clarity on Britain’s future outside the European Union and a U.S. holiday kept trading volumes thin.

Charles Krauthammer: Mighty kingdom or Little England?

Give the EU its due. Despite its comical faux-national paraphernalia of flag, anthem and useless parliament, it has championed and advanced a transnational idea that has helped curb the nationalist …

Lew says no sense of financial crisis developing

U.S. Treasury Secretary Jacob Lew says that the decision of British voters to leave the European Union is “an additional headwind” for the U.S. and global economies but “there is …

U.K. appeals for calm as markets drop, EU leaders huddle

British and European leaders appealed for calm on Monday as concern over the U.K.’s exit from the European Union and its deepening political crisis triggered further gyrations in financial markets …

Business promotion and politics par for Trump’s golf tour

Donald Trump moved from hole to hole on his wind-swept Scotland golf course Saturday, not a club in hand but promotion on his mind, extolling North Sea views that are …

2.1 million Britons join online petition urging second vote on leaving EU

More than 2.1 million people joined an online petition by Saturday urging the government to hold a second referendum on Britain’s membership of the European Union.

Britain, EU at odds over timing of divorce talks

The European Union wants a quickie divorce, but Britain wants time to think things over.

Trade, uncertainty biggest worries for Washington companies in wake of Brexit vote

Long-term, the British decision to exit the European Union is most likely to hit Spokane companies that are in the export business, local economists say. But uncertainty in the wake …

Here’s what Britain’s vote to leave the EU tells us about the U.S. presidential election

The Britons who voted to take their country out of the European Union were predominantly white, working class, older and deeply upset about immigration.

U.K. takes historic vote to leave EU

Britain entered uncharted waters Friday after the country voted to leave the European Union, according to a projection by all main U.K. broadcasters.

Seems ‘remain’ side will edge UK vote, party leader says as polls close

The Latest on Britain’s referendum on whether to leave the European Union.

Referendum vote too close to call; pound soars, then falls

Investors and gamblers put their money on Britain remaining a part of the European Union as a historic referendum Thursday threatened to undermine the project of continental unity launched from …

What’s behind Britain’s wrangling with the EU?

British voters head to the polls on Thursday to decide if the country should stay in the European Union or leave it. With the stakes high and the issues complex, …

UK’s Cameron, soccer star David Beckham urge pro-EU vote

From the prime minister to sports and pop icons David and Victoria Beckham, supporters of Britain staying in the European Union urged voters Tuesday to think about future generations when …

Accused killer refuses to state name in U.K. court

The man accused of a murder that has brought campaigning in the country’s European Union referendum to a standstill turned his first court appearance Saturday into a chilling spectacle by …

Putin calls on Europe to improve ties despite sanctions

Russian President Vladimir Putin called on European leaders Friday to heal ties with his country despite sanctions after meeting with European investors who said they want to expand their businesses …

Germany’s Merkel stresses she hopes Britain will stay in EU

German Chancellor Angela Merkel stressed Friday she hopes Britain will vote to remain in the European Union in a June 23 referendum that her finance minister labeled a “wake-up call.”

London financial hub braces for possible EU exit ‘nightmare’

From the international banks in the skyscrapers of Canary Wharf to the traditional home of Britain’s financial industry in the City of London and the hedge funds of Mayfair, bankers …