Brexit

Will Macron’s Presidency Affect Trade with the Middle East?

By Marcus Turner Jones Emmanual Macron sealed a decisive victory in the final round of the French presidential elections, seeing off opposition from far right candidate Marine Le Pen to become the youngest president of France in history, at age 39. Macron is a former investment banker who is pro-EU and pro-global. He has promised

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What Does 2017 Hold for Middle East Investors?

By Ali Janoudi and Simon Smiles In 2017, Middle Eastern investors will confront a world marked by policy shifts and a rising likelihood of reflation. In certain respects, the Middle East itself has also contributed to this trend. Coupled with potential fiscal stimulus in the U.S., OPEC’s decision to cut oil output for the first

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Banks planning to move 9,000 jobs from Britain because of Brexit

By Anjuli Davies and Andrew MacAskill LONDON, May 8 – The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape. Last week Standard Chartered and JPMorgan were the

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Brexit Trade Deal with EU Could Take 10 Years, U.K. Envoy to EU Says

LONDON, Dec 15 – A post-Brexit trade deal between Britain and the European Union might take 10 years to finalise and could still fail, the United Kingdom’s ambassador to the bloc has told Prime Minister Theresa May’s government, the BBC reported on Thursday. Ivan Rogers, Britain’s envoy to the EU, warned ministers that the European

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British PM May’s Brexit Plan: Secret Strategy or Muddle?

By Guy Faulconbridge LONDON, Dec 14 – If Prime Minister Theresa May has a detailed Brexit plan, it is very secret. Since the June 23 referendum, May has been clear only that the United Kingdom will leave the European Union and that she will formally trigger exit talks by the end of March 2017. May

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Brexit Endangers U.S.-U.K. Trade as Some U.S. Firms Could Move

LONDON, Dec 14 – Brexit could hit trade relations between Britain and the U.S, with nearly 40 percent of American firms considering moving their British office to the EU and two-thirds saying the vote is impacting investment choices, according to a survey. Food and beverage, life sciences and financial services firms were most likely to

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U.K. Government Facing new Brexit Court Case

LONDON, Dec 11- Opponents to Britain leaving the European Union will launch a fresh legal action this week, which could further hamper Prime Minister Theresa May’s Brexit plans, The Sunday Times reported. The newspaper said campaigners will write to the UK government on Monday saying they are taking it to the High Court in an

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Keep Calm and Negotiate”: EU Sees Oct 2018 Brexit Deal

By Alastair Macdonald and Philip Blenkinsop BRUSSELS, Dec 6 – The European Union’s chief negotiator set a target of agreeing a Brexit deal with Britain by October 2018, assuming London keeps a promise to formally launch the process of leaving the EU by the end of March. Michel Barnier, at a news conference on Tuesday

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May’s Brexit Plans Face British Supreme Court Test

By Michael Holden LONDON, Dec 5 – Prime Minister Theresa May’s government launches a challenge on Monday against a court ruling that it requires parliamentary approval to start the process of leaving the European Union, a decision that could upset Britain’s Brexit plans. If the Supreme Court, the United Kingdom’s highest judicial body, dismisses the

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British PM Heads to Bahrain to Cement Gulf Ties Before Brexit

LONDON, Dec 5 – Prime Minister Theresa May will travel to Bahrain this week for a meeting of the Gulf Cooperation Council that she hopes will cement stronger ties with Middle Eastern countries as Britain leaves the European Union. May, who was appointed prime minister shortly after Britain voted to leave the EU at a

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