FILE PHOTO: Nigel Farage, the outgoing leader of the United Kingdom Independence Party (UKIP), reacts during the party’s annual conference in Bournemouth, Britain, September 16, 2016. REUTERS/Toby Melville/File Photo Three film production companies including N... More »
Workers cross Westminster Bridge during the morning rush hour in London in Britain, November 28, 2016. REUTERS/Toby Melville Half of British employers think the country’s attractiveness as a place to invest and hire will diminish over the next five years as it... More »
Chinese State Councillor Yang Jiechi delivers a speech at the Reception for the 45th Anniversary of the Restoration of the Lawful Seat of the People’s Republic of China in the United Nations, at the Diaoyutai State Guesthouse in Beijing, China, October 25, 201... More »
The logo of Apple is seen at a store in Zurich, Switzerland November 22, 2016. REUTERS/Arnd Wiegmann Ireland accused the European Commission on Monday of exceeding its powers and interfering with the EU member’s national sovereignty over tax affairs in ruling ... More »
A 3D printed Apple logo is seen in front of a displayed European Union flag in this illustration taken September 2, 2016. REUTERS/Dado Ruvic/Illustration Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem attends a euro zone finance ministers meeting in Brussels, Belgium, November 7, 2016. REUTERS/Yves Herman Political instability in Italy makes life more difficult for Italy and the whole euro z... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem gestures during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir The European Union cannot let London remain the main financial center for... More »
A man holds his smartphone which displays the Google home page, in this picture illustration taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau U.S. tech giants including Facebook, Twitter, Google’s YouTube and Microsoft will have ... More »
A Union flag flies next to the flag of the European Union in Westminster, London, Britain, June 24, 2016. REUTERS/Toby Melville/File Photo A British think-tank said on Monday it planned to take legal action over whether the government can take Britain out of t... More »
The headquarters of the European Central Bank (ECB) are pictured in Frankfurt, Germany, September 8, 2016. REUTERS/Ralph Orlowski/File Photo A European Central Bank push to iron out differences in how banks calculate capital requirements will inadvertently hel... More »
Tributes in memory of murdered Labour Party MP Jo Cox, who was shot dead in Birstall, are left at Parliament Square in London, Britain June 18, 2016. REUTERS/Neil Hall The trial of the man accused of murdering British lawmaker Jo Cox a week before Britain vote... More »
Britain’s Chancellor Philip Hammond arrives at Downing Street in central London, Britain October 31, 2016. REUTERS/Stefan Wermuth Britain will only start to lower public debt as a share of GDP at the end of the decade due to a Brexit-related hit to the economy... More »
Guenther Oettinger, European Commissioner for Digital Economy and Society, delivers a speech at the world’s biggest computer and software fair CeBit in Hanover, Germany, March 14, 2016. REUTERS/Nigel Treblin European Commissioner Guenther Oettinger issued a fo... More »
Signs are seen outside the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble Jaguar Land Rover (TAMO.NS) agreed a pay deal with its car workers which will beat inflation, pay a higher holiday bonus and ... More »
Gina Miller speaks outside the High Court following its ruling on a challenge to the British government’s right to start divorce proceedings from the European Union, in central London November 3, 2016. REUTERS/Toby Melville The High Court in London has ruled t... More »
Britain’s Prime Minister Theresa May and Colombia’s President Juan Manuel Santos (not shown) speak to journalists after their bilateral meeting at 10 Downing Street in London, November 2, 2016. REUTERS/Kirsty Wigglesworth/pool The British government still plan... More »
Gina Miller speaks outside the High Court following its ruling on a challenge to the British government’s right to start divorce proceedings from the European Union, in central London November 3, 2016. REUTERS/Toby Melville England’s High Court ruled on Thursd... More »
Britain’s Prime Minister Theresa May holds a news conference after the EU summit in Brussels, Belgium October 21, 2016. REUTERS/Eric Vidal – RTX2PV88 For decades, Britain’s bankers have relied on their industry’s outsized status in the economy to find a recept... More »
Storm clouds are seen above the Canary Wharf financial district in London, Britain, August 3, 2010. REUTERS/Greg Bos/File Photo Britain needs to focus its efforts on the banking sector when negotiating new financial trading terms with the European Union as the... More »
FILE PHOTO — A view of the Morgan Stanley London headquarters at Canary Wharf financial centre in London, Britain June 24, 2016. REUTERS/Russell Boyce/File Photo Banks will have to start moving staff if Britain loses access to the European single market post-B... More »
The Canary Wharf financial district is seen in east London November 12, 2014. REUTERS/Suzanne Plunkett The UK head of U.S. bank Citi (C.N) said on Tuesday that the main question facing the finance industry now is when to enact contingency planning after Britai... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem gestures during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir A reform of global banking rules should focus on lenders’ internal models... More »
Thousands of people demonstrate against the Transatlantic Trade and Investment Partnership (TTIP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA) in the centre of Brussels, Belgium September 20, 2016. Reuters/Eric Vidal Southern Belgium is ... More »
Nobel Prize-winning economist Joseph Stiglitz attends a keynote presentation during CLSA investors conference in Hong Kong, China September 19, 2016. REUTERS/Bobby Yip Nobel Prize-winning economist Joseph Stiglitz predicted in a interview out on Wednesday that... More »
Italian Prime Minister Matteo Renzi makes a speech during a news conference in Rome, Italy, November 24, 2015. REUTERS/Tony Gentile/File Photo He’s rude about Brussels, calls Berlin stingy with cash and Paris mean on helping refugees- he threw a tantrum this m... More »
A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. REUTERS/Pawel Kopczynski/Files EU antitrust regulators plan to order Alphabet’s (GOOGL.O) Google to stop paying financial incentives to smartph... More »
A Syngenta logo is pictured in their office in Singapore, February 12, 2016. REUTERS/Edgar Su/File Photo China National Chemical Corp (ChemChina) [CNNCC.UL] has sought antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta (SY... More »
President of the Deutsche Bundesbank Jens Weidmann speaks during a meeting in Rome, Italy April 26, 2016. REUTERS/Tony Gentile/File Photo Financial institutions based in Britain will lose so-called passporting rights allowing them to operate across the Europea... More »
Irish Prime Minister Enda Kenny speaks at a press conference at Government Buildings in Dublin, Ireland, July 21, 2016. REUTERS/Clodagh Kilcoyne The European Union will not give in to British demands for full access to the bloc’s single market unless London al... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem reacts during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Multinational companies should refrain from tax-avoidance practices and pay... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem gestures during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Fighting tax avoidance should be a cornerstone of a push by EU authoritie... More »
A Volkswagen logo adorns a sign outside a dealership for the German automaker located in the Sydney suburb of Artarmon, Australia, October 3, 2015. REUTERS/David Gray/File Photo The European Commission has found that Volkswagen (VOWG_p.DE) broke consumer laws ... More »
A British flag and an EU flag are seen in front of a monitor displaying a graph of the Japanese yen’s exchange rate against the U.S. dollar at a foreign exchange trading company in Tokyo, Japan, June 27, 2016. REUTERS/Toru Hanai Japan has warned Britain that i... More »
European Commission President Jean-Claude Juncker chairs a meeting of the EU executive body in Brussels, Belgium, July 27, 2016. REUTERS/Francois Lenoir An EU ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rul... More »
A British flag and an EU flag are seen in front of a monitor displaying a graph of the Japanese yen’s exchange rate against the U.S. dollar at a foreign exchange trading company in Tokyo, Japan, June 27, 2016. REUTERS/Toru Hanai German Economy Minister Sigmar ... More »
Protesters depicting Statue of Liberty (L) and Europa on the bull take part in a demonstration against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of U.S. President Barack Obama’s visit in Hannover, Germany April 23, 2016. ... More »
BERLIN The European Union should grant Turks visa-free travel in October or the migrant deal that involves Turkey stemming the flow of illegal migrants to the bloc should be put aside, Foreign Minister Mevlut Cavusoglu told a German newspaper. Asked whether hu... More »
PARIS EU Commission President Jean-Claude Juncker said on Monday there was no deadline for Britain to start talks on leaving the European Union. New British Prime Minister Theresa May told Juncker earlier this month that Britain hoped to hold positive talks wi... More »
BRUSSELS New Foreign Secretary Boris Johnson said he would assure his EU counterparts on Monday that Britain would continue to cooperate closely with them once it leaves the bloc following last month’s Brexit referendum. “The message I’ll be taking to our frie... More »
VIENNA It would be unacceptable for Turkey to reintroduce the death penalty in response to Friday’s attempted coup, Austrian Foreign Minister Sebastian Kurz said in an interview published on Monday ahead of a meeting of his European Union counterparts. Turkish... More »
BRUSSELS The swift rounding up of judges and others after a failed coup in Turkey indicated the government had prepared a list beforehand, the EU commissioner dealing with Turkey’s membership bid, Johannes Hahn, said on Monday. Following a failed coup attempt ... More »
BRUSSELS EU foreign policy chief Federica Mogherini warned the Turkish government on Monday against taking steps that would damage the constitutional order following a failed weekend coup. “We were the first… during that tragic night to say that the legitimate... More »
BRUSSELS European foreign ministers will urge Turkish President Tayyip Erdogan on Monday to respect the law and human rights in dealing with defeated coup plotters but have limited leverage over their strategic neighbor. Diplomats said an EU line on Turkey wou... More »
LONDON Britain’s biggest companies are beset by doubts about the future after last month’s vote to leave the European Union and have slashed their investment plans, according to a survey on Monday that bodes poorly for the economy. Some 82 percent of chief fin... More »
LONDON As hedge fund manager Buford Scott sat at home, watching the TV in shock as it emerged Britain had voted to leave the European Union, his computer-based trading models were quietly boosting his business by 1.5 percent. Scott’s algorithm-driven fund, and... More »
LONDON Theresa May will take over the job of British prime minister from David Cameron on Wednesday after a series of political shocks caused by Britain’s vote to leave the European Union. May, who has been interior minister for six years and is seen by her su... More »
BEIJING European Union foreign policy chief Federica Mogherini said on Wednesday the EU was looking for the smoothest possible relations with Britain after it leaves the union and hopes institutional turmoil can end as soon as possible. Speaking during a visit... More »
BEIJING European Union foreign policy chief Federica Mogherini said on Wednesday that the European Union does not take a stance on sovereignty in South China Sea. Speaking in Beijing, Mogherini said the EU called on all parties to respect legal decisions and u... More »
PARIS European Commissioner Pierre Moscovici said on Wednesday Spain and Portugal could see possible fines for breaching budget deficit rules set at zero if they provide sufficient guarantees that they are reining in spending. “It’s possible that these sanctio... More »
BRUSSELS The European Commission does not expect any new countries to join the euro zone for at least the next three years, one of the vice presidents of the EU executive said on Thursday. “There is not going to be euro area enlargement in the next at least th... More »
AMSTERDAM Britain will not be able to dictate the terms of a new trade deal to the European Union after it leaves the bloc, the chair of the euro zone finance ministers’ council said, accusing leave campaigner Nigel Farage of “living in his own world.” Farage,... More »
LONDON British pro-Brexit former minister Iain Duncan Smith said on Sunday that it would be very difficult for the public to accept a prime minister who had campaigned for Britain to stay in the European Union. Duncan Smith said Britain should make good on its... More »
LONDON/BERLIN German Chancellor Angela Merkel sought on Saturday to temper pressure from Paris, Brussels and her own government to force Britain into negotiating a quick divorce from the EU, despite warnings that hesitation will let populism take hold. Eurosce... More »
LONDON British Foreign Secretary Philip Hammond said on Sunday it would be “catastrophic” for Britain to lose access to the European single market after it voted to leave the European Union. Hammond, who campaigned for Britain to remain in the bloc, said Brita... More »
LONDON British Labour leader Jeremy Corbyn is failing and should resign, Hilary Benn, dismissed by Corbyn hours earlier as foreign policy chief, said on Sunday. “He is a good and decent man but he is not a leader,” Benn told BBC television. Benn said he would ... More »
LONDON Britain’s Business Secretary Sajid Javid said on Sunday there was no immediate need to decide when to trigger article 50, the mechanism for a country to withdraw from the European Union. (Reporting by Estelle Shirbon, editing by Elizabeth Piper) SOURCE:... More »
LONDON Britain’s opposition Labour leader Jeremy Corbyn sacked his foreign policy chief on Sunday, a spokesman said, plunging the party into open conflict after Britain voted to leave the European Union. The EU referendum, which saw 52 percent of Britons votin... More »
TIANJIN, China Chinese companies may want to “wait and see” the impact of Britain’s vote to leave the European Union before they invest in the country, the head of China’s top economic planner said on Sunday. However, the impact of the referendum on China’s ec... More »
BRUSSELS The British member of the EU executive, Financial Services Commissioner Jonathan Hill, resigned on Saturday after having campaigned against Britain leaving the European Union. Following the referendum vote for Brexit on Thursday, few expected a Briton... More »
BEIJING/TIANJIN, China China’s finance minister and leading economists on Sunday voiced concerns about Britain’s vote to leave the European Union, with the policymaker saying it has heightened market uncertainty, though some expect a limited impact on the Chin... More »
BERLIN Volkswagen AG (VOWG_p.DE) should offer European drivers similar compensation to what the German carmaker is expected to pay U.S. customers, Europe’s Industry Commissioner Elzbieta Bienkowska told a newspaper on Sunday. “Volkswagen should voluntarily pay... More »
HONG KONG Hong Kong’s finance chief said on Sunday the government will closely watch the impact of Britain’s vote to leave the European Union on the city, which is set to affect the global economy and the territory’s trade and financial markets. “It was a big ... More »
SEOUL South Korea may seek a separate free trade deal with Britain in coming years in an effort to minimize the impact of Brexit on the country’s trade with the European Union and Britain, the trade ministry said on Sunday. It added the more lucrative Korea-EU... More »
ZURICH Central banks are ready to cooperate to support financial stability in the wake of Britain’s vote to leave the European Union, the Bank for International Settlements said on Saturday. Central bankers gathered at the organization’s global economy meeting... More »
ABERDEEN, Scotland U.S. presidential candidate Donald Trump played down market turmoil in the wake of Britain’s decision to leave the European Union on a visit to his Trump International golf course in Aberdeen on Saturday. Wearing an open-necked shirt, a suit... More »
PALO ALTO, Calif. U.S. President Barack Obama on Friday tried to limit the fallout from Britain’s vote to leave the European Union, which threatens to harm the U.S. economic recovery, derail his trade agenda and distract U.S. allies from global security issues... More »
TURNBERRY, Scotland U.S. presidential candidate Donald Trump thrust himself into the heart of Britain’s vote to leave the European Union on Friday, calling it a “great” development and drawing parallels to his own insurgent campaign. In Scotland to reopen a go... More »
NEW YORK/BOSTON UK voters’ surprise decision to leave the European Union roiled markets on Friday, but hedge funds appear to have avoided crippling losses, according to market data and people familiar with fund performance. Money managers were positioned relat... More »
PALO ALTO, Calif. U.S. President Barack Obama said on Friday that he had spoken with British Prime Minister David Cameron about Britain’s decision to leave the European Union and that he was confident the United Kingdom was committed to an orderly transition. ... More »
LOS ANGELES “Game of Thrones,” the hit HBO cable TV series that is partly filmed in Northern Ireland, will not suffer due to Britain’s decision to leave the European Union, the cable network said on Friday, aiming to quash speculation that the lavishly produce... More »
NEW YORK Lindsay Lohan went viral on social media in the early hours of Friday. Only this time, it wasn’t about her transgressions. The actress, who is as well known for her legal troubles and stints in rehab as she is for her roles in Disney’s “Freaky Friday”... More »
NEW YORK Britain’s unexpected decision to leave the European Union spurred a global stock market selloff that has inspired some opportunistic U.S. investors to move in the opposite direction. Operating on the belief that the initial rout might be an overreacti... More »
PARIS French telecoms company Orange (ORAN.PA) said on Friday it plans to maintain several group offices in the United Kingdom, which employ about 900 people, despite Britain’s vote to leave the European Union. The company said it was not present in the Britis... More »
LONDON Britain’s 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, an upheaval that threatens London’s dominance of finance. The ‘Vote Leave’ campaign fron... More »
PARIS French Finance Minister Michel Sapin said on Friday he would welcome London banks to Paris after Britain’s vote to quit the European Union, using the “red carpet” metaphor in an apparent dig at British Prime Minister David Cameron. Cameron triggered a wa... More »
BRUSSELS British companies planning mergers with EU peers will face more legal costs and regulatory hassles after Britain leaves the European Union as they will have to deal with two antitrust watchdogs, competition experts said. On the other hand, freed from ... More »
GLASTONBURY, England Revelers at Glastonbury Festival emerged from their tents in shock on Friday morning at the news Britain had voted to leave the European Union and the prime minister would be resigning. Organizers of the Britain’s best-known music and arts... More »
NEW YORK The British pound could weaken further in the next six months even if it enjoys a temporary rebound, a top BlackRock Inc investment strategist said on Friday after Britain voted to exit the European Union. “Sterling will weaken from here over the next... More »
BRUSSELS An impasse between EU nations on whether to allow Monsanto’s Roundup and similar weed-killers to continue to be sold means that the European Commission, rather than national politicians, will decide the issue next week. With most EU attention focused ... More »
AMSTERDAM The chair of the council of euro zone finance ministers said on Friday there was no reason to call a meeting of the body following Britain’s vote to leave the European Union. Speaking after a meeting of the Dutch cabinet, Jeroen Dijsselbloem said it ... More »
THE HAGUE The lesson of Britain’s vote to leave the European Union is that the bloc cannot continue along a path of deepened integration or further enlargement, the chair of the council of euro zone finance ministers said on Friday. Speaking before a cabinet m... More »
BRUSSELS This is a rough outline of the steps Europe plans to take after Britain’s referendum on Thursday on whether to leave the European Union, based on public and private comments by officials: DAY 1 – FRIDAY, JUNE 24 – THE THREE R’S – OR MORE Polls close a... More »
LONDON British Prime Minister David Cameron made a dramatic appeal to voters across the generation gap on Tuesday to back staying in the European Union two days before a cliff-hanger referendum that will shape the future of the West. Britons vote on Thursday o... More »
LONDON Britain’s Daily Telegraph newspaper came out in favor of quitting the European Union on Monday, urging voters to tick the “Leave” box in a referendum on Thursday. The Telegraph, which has a daily circulation of nearly 500,000, joins The Sun, The Sunday ... More »
LONDON Voters in Britain favor staying in the European Union, according to a poll published by social research organization NatCen on Monday, although most of the interviews were conducted in May. NatCen said 53 percent of respondents planned to vote to stay i... More »
LONDON Support for Britain remaining in the European Union stood at 53 percent with support for quitting the bloc at 46 percent, according to a poll by ORB for the Daily Telegraph newspaper. The newspaper said this represented an eight-point net reversal from ... More »
LUXEMBOURG Britain could not rejoin the European Union after leaving because membership requirements would be too onerous, Foreign Secretary Philip Hammond said on Monday. He said Thursday’s referendum on EU membership offered “no way back”. Since becoming a m... More »
BRUSSELS Brexit may be an abstract idea for many Britons but for compatriots living in continental Europe Thursday’s EU membership referendum has a very real impact — especially on those working for the Union itself in Brussels. “It’s a very weird feeling, lik... More »
LONDON Author JK Rowling has criticized the rhetoric surrounding the British referendum on the European Union, calling the campaign “divisive and bitter”. Writing on her website on Monday, the Harry Potter author dissected the narratives of both sides and comp... More »
LUXEMBOURG The 19 countries sharing the euro zone will strengthen their cooperation in all necessary fields regardless of the outcome of the British referendum on European Union membership next week, the head of the euro zone group of finance ministers said on... More »
LONDON Forget the opinion polls and betting odds, one English farmer has his own way of predicting the outcome of Britain’s looming referendum on whether to stay in the European Union or leave – racing his miniature pigs. The pigs of Pennywell Farm in Devon su... More »
LONDON Britain’s “Leave” campaign opened up a 7-point lead over “Remain” ahead of a referendum on membership of the European Union an opinion poll showed late Monday, while the nation’s biggest-selling newspaper urged readers to vote to quit the bloc. The resu... More »
FRANKFURT The European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union, officials with knowledge of the matter told Reuters. The preparations illustrate the hei... More »
FRANKFURT Central banks around the globe are preparing financial backstops to mitigate market turmoil in case Britons vote next week to leave the European Union, hoping to buffer the real economy from any short-term impact. Operating with so-called swap lines,... More »
BRUSSELS U.S. hotel chain Marriott International (MAR.O) is on track to win unconditional EU antitrust approval for its cash and share purchase of Starwood Hotels and Resorts Worldwide Inc (HOT.N), a person familiar with the matter said on Tuesday. The deal, c... More »
BERLIN A British exit from the European Union would not end the idea of a unified Europe and should not be seen as a “horror scenario”, European Parliament Vice President Alexander Lambsdorff said in a German radio interview. Lambsdorff, a German Liberal lawma... More »
LONDON The debate about Britain’s future in the Europe has taken an unexpected new twist: a “battle of the balconies” between north London neighbors unfurling competing pro- and anti-Brexit banners. Unimpressed by a large “Vote Leave” banner appearing on the b... More »
LONDON A giant mural of Donald Trump locked in a kiss with former London mayor Boris Johnson in the style of a legendary Soviet-era image has been unveiled by a group campaigning for Britain to stay in the European Union. Painted on the side of a building in B... More »
STANSTED, England Chancellor George Osborne attacked pro-Brexit campaigners for saying Britain should not just leave the European Union but also its single market, as he sought to convince voters that the economy faces big risks in next month’s referendum. Osb... More »
