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Theresa May’s trip to China ended just as it began — mired in internal Tory strife over Brexit. As she prepared to depart on the final stop of her three-day tour of the country, International Trade Secretary Liam Fox threatened to blow open a fresh ...
Deutsche Bank is considering sending cash and staff to the European continent. Germany’s biggest bank may shift about €300 billion ($350 billion) from the balance sheet of its U.K. entity to Frankfurt following Britain’s decision to leave the ...
The International Monetary Fund lowered its growth forecasts for the United Kingdom and the United States Monday and revised up its expectations for several eurozone countries including France, Germany, Italy and Spain. The IMF said its global ...
Australia's core inflation rate is expected to have stayed below target for a sixth straight quarter through April-June, a reminder of just why interest rates in the country are at record lows and set to remain there for months to come. Analysts ...
Three quarters of Spanish business leaders say Catalonia’s plans for independence would damage the country’s economy, a new survey shows, with just 1 percent saying it would boost economic growth. In Catalonia itself, that figure is 43 percent, ...
It was a case of "move along, nothing to see here", as the Reserve Bank attempted to hose down market speculation this month's board minutes constitute a nod to raising interest rates. The RBA July meeting minutes released earlier this week noted ...
The first substantive round of Brexit negotiations ended Thursday with the EU and U.K. deadlocked on core divorce issues, leaving officials openly pessimistic about meeting an October deadline for moving on to the next phase of talks. Officials ...
Britain must pay what it owes to the EU as a precondition of starting post-Brexit trade deal negotiations,French Economy Minister Bruno Le Maire said Wednesday. “It was Margaret Thatcher who had said to the European Union at the time: ‘We want our ...
The development is largely symbolic, with a relatively small number of staff members in London expected to move to Germany. But it is another trickle of job losses that some British business and political leaders fear could turn into a flood in the ...
The European Central Bank (ECB) is widely expected to hold interest rates steady on Thursday with many market watchers expecting the bank to announce in September plans to reduce its bond-buying program. ECB President Mario Draghi's speech in Sintra ...
What will Brexit look like in three months’ time? Pound traders are trying to figure it out. Wednesday marks three months until a key European leaders meeting that could shape the final divorce. That means benchmark three-month sterling volatility ...