Wednesday 27 July 2016
 
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European Union

Europe's eyes on Merkel to rebuild EU after Brexit vote

When the chips are down in Europe, everyone turns to Angela Merkel for a solution. But the German chancellor often sits on her hands until the last minute, then does the minimum necessary to keep the show on the road. Since last m

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EU proposes new migrant asylum rules

The European Commission proposed more unified EU asylum rules on Wednesday, in a bid to stop people waiting for refugee status moving around the bloc and disrupting its passport-free zone. In an unprecedented wave of migration las

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EU-US commercial data pact enters into force

A new commercial data pact between the European Union and the US entered into force on Tuesday, ending months of uncertainty over cross-border data flows, and companies such as Google, Facebook and Microsoft can sign up from August 1.

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Brexit could cut euro zone growth to 1.4pc: IMF

Uncertainties caused by Britain's vote to leave the European Union will cause euro zone economic growth to decelerate to 1.4 per cent in 2017 from 1.6 per cent this year, and downside risks are piling up, the International Monetary Fund said

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JPMorgan could move thousands of staff out of UK

JPMorgan Chase & Co could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Italian

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Emirates sees scant benefit from EU deals

The chief of Dubai-based airline Emirates expressed doubts on Monday that an EU-level aviation agreement with the United Arab Emirates would improve on the existing deals the Gulf country has with most EU countries. In June Europe

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EU presses Britain for quick exit to cut global fallout

Britain faced angry calls from other European leaders to act quickly to resolve the political and economic chaos unleashed by its vote to leave the European Union which the IMF said could put pressure on global growth. Financial m

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Brexit vote rattles world markets for second day

Britain's vote last Thursday to leave the European Union continued to reverberate through financial markets on Monday, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the confusion about

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To leave or not to leave: Still the question

To leave, or not to leave: that is the question. Still. After Britain's historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never will. Prime Mini

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UK ‘will retain access to EU single market’

Britain will continue to have access to the European Union's single market despite voting to leave the bloc, leading Brexit campaigner and favourite to become the country's next prime minister Boris Johnson said in a newspaper article on

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