Euro

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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UniCredit to Raise 13 bln Euros in Italy’s Biggest Share Issue

By Stephen Jewkes, Gianluca Semeraro and Pamela Barbaglia MILAN/LONDON, Dec 13 – Italy’s largest bank, UniCredit, plans to raise 13 billion euros ($13.8 billion) in the country’s biggest-ever share issue to shore up its balance sheet and shield itself from a broader banking crisis. The plans announced on Tuesday, which also include 14,000 job cuts,

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Outlook: Brexit Vote

The Brexit Vote is around the corner; Keep an eye on everything BY Noureldeen Al Hammoury In a few weeks, until Britons will vote on their country’s future relationship with the European Union (EU). The decision is set not only to affect the United Kingdom (U.K.) but also Europe and the world for years, if not

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Asian Shares Skid, Crude Tumbles After Doha Deal Fails

By Lisa Twaronite TOKYO, April 18 – Tumbling crude oil futures knocked Asian shares on Monday after producers’ weekend talks failed to agree a plan to curb the global supply glut, while Tokyo stocks slumped as investors assessed the impact of a devastating earthquake in southwestern Japan. Some 18 oil exporting nations had gathered in

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EU Hopes for Turkish Help In Slowing Flow of Migrants

By Alastair Macdonald BRUSSELS, Nov 29 – Leaders of the European Union aim to sign an agreement with Turkey in Brussels on Sunday that offers Ankara cash and closer ties with the EU in return for Turkish help in stemming the flow of migrants to Europe. Aware of a sense of desperation in Europe for

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