European and US stocks took a beating Tuesday on dimming hopes for a US-China trade accord and as talks between Britain and Europe over Brexit teetered on the brink of collapse. US markets were in the red the entire session after the Commerce Department late Monday announced new restrictions on ...
IBTimes | Tue, 8 Oct 2019 21:25:09
Stocks fell on Tuesday as U.S.-China tensions rose further ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Reuters | Tue, 8 Oct 2019 21:15:17
British lawmakers have asked the government to give guarantees that supplies of toilet paper do not dry up in the event of a no-deal Brexit.The country is due to leave the European Union on October 31, and with three weeks to go there is still no deal to smooth over ...
Agence France-Presse / South China Morning Post | Tue, 8 Oct 2019 20:55:57
It will be very difficult to secure a Brexit agreement by next week with big gaps remaining in the British position, Irish Prime Minister Leo Varadkar said on Tuesday following a phone call with his British counterpart, Boris Johnson.
Reuters | Tue, 8 Oct 2019 20:46:20
Commission president says he believes blame lies with UK, not EU.
Paul Dallison / Politico | Tue, 8 Oct 2019 20:16:05
'I came here in the confident hope of hearing proposals that could take negotiations forward. However, I must note that there has been no progress.'
Maïa de La Baume / Politico | Tue, 8 Oct 2019 20:12:31
After a wild day of rhetoric and recriminations, thin hopes for a Brext deal persist.
David M. Herszenhorn / Politico | Tue, 8 Oct 2019 20:11:30
Markets have been gripped by renewed volatility as fears over the US-China trade war as well as Brexit rattled investors.
Sky | Tue, 8 Oct 2019 20:07:00
For India, and several other countries, negotiating trade deals with UK-distinct from EU-might imply greater negotiating flexibility and better prospects of meaningful outcomes.
Amitendu Palit / Financial Express | Tue, 8 Oct 2019 20:06:17
The UK government is about to appoint a new Governor of the Bank of England, as Mark Carney's term is expiring. Oddsmakers have made Gerard Lyons the even money favorite to be picked, partly because he's the only candidate who supported Brexit and partly because he's known and liked by ...
ssumner / Money Illusion | Tue, 8 Oct 2019 19:47:09
Britain and the European Union traded ill-tempered barbs Tuesday as the U.K. said a Brexit deal might be impossible, while insisting it was still working ...
No Author / Japan Times | Tue, 8 Oct 2019 19:40:50
British prime minister Boris Johnson told the European Parliament's president, David Sassoli, he wanted to leave the European Union with a deal, a Downing Street spokesperson said after they held talks in London.
Reuters | Tue, 8 Oct 2019 19:40:13
Ireland's foreign minister said on Tuesday there was still hope for a deal with Britain to smooth its exit from the European Union but more work needed to be done on customs arrangements to avoid a hard border on the island of Ireland.
Reuters | Tue, 8 Oct 2019 19:30:11
The source says Germany's Angela Merkel was highly pessimistic in a call with Boris Johnson, but the EU's top official hits back.
BBC | Tue, 8 Oct 2019 19:22:16
The American economy should continue its expansion, with strong jobs markets but with price pressures in check and inflation approaching the central bank's target, Federal Reserve Chairman Jerome Powell said Tuesday. However, US job creation has slowed while a weakening global economy, trade wars and Brexit uncertainty are risks to ...
IBTimes | Tue, 8 Oct 2019 18:58:34
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FX Street | Tue, 8 Oct 2019 18:52:08
Speaker John Bercow is bowing out of the UK Parliament -- and he's leaving with a a volley of parting shots for his many critics.
CNN | Tue, 8 Oct 2019 18:36:08
European Parliament head David Sassoli said on Tuesday after meeting British Prime Minister Boris Johnson that "there has been no progress" in Brexit talks.
Reuters | Tue, 8 Oct 2019 18:23:34
Brexit will add to world economic woes, IMF managing director Kristalina Georgieva says.
BBC | Tue, 8 Oct 2019 18:13:06
CNN | Tue, 8 Oct 2019 18:12:56
Bid to cool tempers as hopes for deal with EU fade amid blame and acrimony
FT | Tue, 8 Oct 2019 18:04:25
The president of the European Parliament has told Sky News that a no-deal Brexit could be a and Boris Johnson needs to "feel this as the clock ticks towards the deadline for Britain's EU exit.
Sky | Tue, 8 Oct 2019 17:59:00
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FX Street | Tue, 8 Oct 2019 17:49:07
Oil prices and stocks across major markets fell on Tuesday as tensions rose between China and the United States ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Reuters | Tue, 8 Oct 2019 17:42:30
As Trump rages and Brexit looms, Lisbon offers a blueprint to beat back the rising tide of fascism across the West.
Natasha Hakimi Zapata / truthdig | Tue, 8 Oct 2019 17:31:23
Brexit talks between Britain and the European Union teetered on the verge of collapse on Tuesday, with tit-for-tat claims of intransigence and sabotage before an end-October deadline.
IBTimes | Tue, 8 Oct 2019 17:30:30
The government is stirring up public anger against UK institutions and the EU
FT | Tue, 8 Oct 2019 17:26:25
British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar reiterated their desire for a Brexit deal in a phone conversation on Tuesday, a Downing Street spokesperson said.
Reuters | Tue, 8 Oct 2019 17:11:53
EU wants to avoid responsibility for collapsing Brexit talks ahead of critical summit
FT | Tue, 8 Oct 2019 17:03:40
Boris Johnson news - live: Tusk accuses PM of 'stupid blame game', after disastrous Merkel call leaves Brexit talks on brink of collapse
Follow all the latest developments
Adam Forrest, Benjamin Kentish / The Independent | Tue, 8 Oct 2019 17:03:00
Sterling falls to lowest level in more than a month in sign that fears for economy are growing The pound has slumped to its lowest level in more than a month, as hopes fade that a Brexit deal will be struck. With weeks left before the 31 October Brexit deadline, ...
Richard Partington Economics correspondent / Guardian | Tue, 8 Oct 2019 17:01:19
Ruling likely to be delayed as campaigners warn of constitutional crisis.
Al Jazeera | Tue, 8 Oct 2019 16:33:32
Brexit talks between Britain and the European Union teetered on the verge of collapse on Tuesday, with tit-for-tat claims of intransigence and sabotage before an end-of-the-month deadline. Prime Minister Boris Johnson spoke to German Chancellor Angela Merkel as he tried to salvage new divorce terms he had proposed ahead of ...
IBTimes | Tue, 8 Oct 2019 16:24:14
European shares fell on Tuesday as an escalation in U.S.-China trade tensions and Brexit worries along with disappointing corporate news dented sentiment.
Reuters | Tue, 8 Oct 2019 16:19:37
Expectations for the third-quarter earnings season of European companies continue to worsen as uncertainties about Brexit, the trade policy of the Trump administration or a possible technical recession in Germany bite, data showed on Tuesday.
Reuters | Tue, 8 Oct 2019 16:18:12
UK-focused stocks from Tesco to housebuilders sank on Tuesday as worries over a no-deal Brexit peaked after a Downing Street source said a divorce deal was essentially impossible, while LSE dropped after the Hong Kong bourse dropped its takeover bid.
Reuters | Tue, 8 Oct 2019 16:17:45
The chances of Britain leaving the European Union with a deal on October 31 are fading fast. That's likely to leave the country facing a general election which could lead to a 'no deal' Brexit or a new coalition government led by leftwinger Jeremy Corbyn that would give voters the ...
CNN | Tue, 8 Oct 2019 16:08:22
Times of India | Tue, 8 Oct 2019 15:54:32
PageGroup and Robert Walters also point to uncertainty created by Hong Kong protests Two of Britain's biggest recruitment companies have warned that uncertainty created by Brexit, protests in Hong Kong and the US-China trade dispute will hit their profits this year. PageGroup, the UK's second-largest recruiter, said rising fears about ...
Sean Farrell / Guardian | Tue, 8 Oct 2019 15:53:53
The undisputed strength of the UK economy since the financial crisis has been the jobs market.
Sky | Tue, 8 Oct 2019 15:52:00
A new ComRes poll has found that more people think the UK should leave the EU without a deal on 31 October if the EU doesn't agree to Boris Johnson's deal. 42% of Brits agree with the statement "If the EU doesn't agree to Boris Johnson's proposals for a Brexit ...
Tom Harwood / Guy Fawkes' blog | Tue, 8 Oct 2019 15:33:35
During busy times at Heathrow, you get congestion in the sky.
Sky | Tue, 8 Oct 2019 15:31:00
Oil prices and stocks across major markets fell on Tuesday as tension rose between China and the United States ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Reuters | Tue, 8 Oct 2019 15:30:09
Special aid for 'vulnerable but viable' companies, agriculture and tourism
FT | Tue, 8 Oct 2019 15:26:48
Tuesday afternoon news briefing: Brexit deal is 'essentially impossible' says Downing Street after call between Boris Johnson and Angela Merkel
Chris Price / Telegraph | Tue, 8 Oct 2019 15:24:37
No majority exists for any deal option with the EU. Brexiters are as much to blame as Remainers
FT | Tue, 8 Oct 2019 15:04:02
FT | Tue, 8 Oct 2019 15:01:05
UK's departure from the EU without an agreement 'central assumption' of Dublin's 2020 budget, finance minister says.
Emilio Casalicchio / Politico | Tue, 8 Oct 2019 14:58:18
Johnson, Gove, Cummings: these are names that will be reviled for all time
Tom Peck / The Independent | Tue, 8 Oct 2019 14:45:33
European recruiters' earnings are linked to the economic cycle but the Brexit downturn has its own characteristics
FT | Tue, 8 Oct 2019 14:38:03
If the British government's approach is that the fresh Brexit proposals it made last week were presented on a take-it-or-leave-it basis, it must know that will not result in a deal, Ireland's foreign minister said on Tuesday.
Reuters | Tue, 8 Oct 2019 14:29:05
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FX Street | Tue, 8 Oct 2019 14:18:39
The picture of Ms Merkel carried the caption, 'We didn't win two world wars to be pushed around by a Kraut'
Lizzy Buchan / The Independent | Tue, 8 Oct 2019 14:16:00
With the UK on the way out, Poland is leveraging its economic power into a closer alliance with Berlin.
Wojciech Przybylski / Politico | Tue, 8 Oct 2019 14:15:06
Irish Foreign Minister Simon Coveney will meet the European Union's Brexit negotiator Michel Barnier later on Tuesday for an update on the ongoing negotiations in Brussels and believes a deal is still possible but not at any cost.
Reuters | Tue, 8 Oct 2019 14:08:07
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FX Street | Tue, 8 Oct 2019 14:01:59
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FX Street | Tue, 8 Oct 2019 13:53:08
The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal was unlikely", further stoking fears of a disorderly and costly departure from the EU. Merkel told British Prime Minister Boris Johnson that a deal was doomed to fail unless London agreed to keep British-run ...
IBTimes | Tue, 8 Oct 2019 13:36:36
Ireland's 2020 budget includes a 1.2-billion-euro relief fund to cushion the economic blow of Britain leaving the European Union without a negotiated agreement, finance minister Paschal Donohoe said Tuesday. "This is a budget that has been developed in the shadow of Brexit", Donohoe told parliament. "The context for Brexit has ...
IBTimes | Tue, 8 Oct 2019 13:31:43
Scottish petition asks judges to agree to send delay letter to EU if prime minister refuses
FT | Tue, 8 Oct 2019 13:29:50
Britain still wants to leave the European Union with a deal but the bloc must move its position as London has, Michael Gove, the minister for no-deal planning, said on Tuesday.
Reuters | Tue, 8 Oct 2019 13:29:40
The European Union on Tuesday accused Britain of playing a “stupid blame game” over Brexit after a Downing St source said a deal was “essentially impossible” because German Chancellor Angela Merkel had made unacceptable demands.With just 23 days before Britain is due to leave the bloc, the future of Brexit ...
Reuters / South China Morning Post | Tue, 8 Oct 2019 13:25:56
Britain has "moved a long way" in negotiations on a deal for its departure from the European Union, with talks now at a critical point and for the other 27 member states of the bloc to give ground, a British spokesman in Brussels said on Tuesday.
Reuters | Tue, 8 Oct 2019 13:10:48
PM's fraught phone call with German chancellor suggests UK is heading for a general election
FT | Tue, 8 Oct 2019 13:04:38
Ireland presented a no-deal Brexit budget for 2020 on Tuesday, pledging a 1.2 billion euro package to keep firms afloat by allowing the state's finances to return to deficit if Britain leaves the European Union without a transition period.
Reuters | Tue, 8 Oct 2019 13:01:33
Ireland's finance minister said on Tuesday the government will run a budget deficit of 0.6% of gross domestic product next year if Britain crashes out of the European Union without a deal, to fund a 1.2 billion euro package for affected firms.
Reuters | Tue, 8 Oct 2019 12:59:01
European stocks sank and major bond yields nudged lower on Tuesday as concerns over China-U.S. trade talks, disappointing European company news and escalating tensions between London and Brussels sparked a flight to safety.
Reuters | Tue, 8 Oct 2019 12:57:01
In a phone call, Merkel warned the British leader that a deal was unlikely" unless he dropped his opposition to keeping British-run Northern Ireland in the European Union's customs union.
AFP / Financial Express | Tue, 8 Oct 2019 12:55:31
LONDON/BRUSSELS (Reuters) - The European Union accused Britain of playing a "stupid blame game" over Brexit on Tuesday after a Downing Street source said a deal was essentially impossible because German Chancellor Angela Merkel had...
sellputs / Hedge Accordingly | Tue, 8 Oct 2019 12:52:05
Downing Street issues its interpretation of what Angela Merkel told Boris Johnson
FT | Tue, 8 Oct 2019 12:50:26
Top Analyst Upgrades and Downgrades: Apollo, BlackRock, Cloudflare, Green Plains, Microsoft, Oracle, Target, TJX and More
Stocks were indicated to open lower on Tuesday with more concerns over Brexit and concerns that trade talks with China will not yield very much. The bull market is well over 10 years old, and... ADM ANDE APO BLK CG GPRE HAS KSS MSFT NAT NKTR ORCL PBYI PSX STSA ...
Jon C. Ogg / 24/7 Wall St. | Tue, 8 Oct 2019 12:50:02
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FX Street | Tue, 8 Oct 2019 12:47:00
euronews | Tue, 8 Oct 2019 12:33:10
A source close to British Prime Minister Boris Johnson told the BBC that a Brexit deal is "essentially impossible" after a call between Johnson and German Chancellor Angela Merkel. Johnson spoke to the German leader about the proposals he put forward to the EU, but the source said she made ...
Taegan Goddard / Taegan Goddard | Tue, 8 Oct 2019 12:33:03
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FX Street | Tue, 8 Oct 2019 12:27:41
With the deadline for the UK's departure from the European Union looming and no deal yet agreed, the European Council President gave an indication of how strained things are behind the scenes by publicly accusing UK Prime Minister Boris Johnson of playing games.
CNN | Tue, 8 Oct 2019 12:26:34
Brexit: UK at greater risk of terrorism and organised crime if it leaves EU with no deal, government admits
Attempts to reach new security agreements with EU 'cannot fully compensate', document concedes - resulting in 'loss of capability'
Rob Merrick / The Independent | Tue, 8 Oct 2019 12:06:00
Boris Johnson claims issue is a priority but Labour says figures are a 'damning indictment' The productivity of British workers fell at the fastest pace for five years in the second quarter of 2019, amid mounting concerns over the impact of Brexit uncertainty on the economy. The Office for National ...
Richard Partington Economics correspondent / Guardian | Tue, 8 Oct 2019 12:02:50
Brexit talks between Britain and the European Union appeared to be on the verge of collapse on Tuesday, with Brussels accusing London of intransigence and threatening the bloc's future. Prime Minister Boris Johnson spoke to German Chancellor Angela Merkel, who said a deal was unlikely" without compromise by the UK, ...
IBTimes | Tue, 8 Oct 2019 11:58:48
Britain has not seen compromise from the European Union so far in Brexit talks, Prime Minister Boris Johnson's spokesman said on Tuesday, calling on the bloc to be flexible to reach an exit deal.
Reuters | Tue, 8 Oct 2019 11:58:24
Hopes for a last minute deal between Britain and the EU are fading and both sides are now preparing for the consequences of an unregulated Brexit, including higher customs duties, long delays and greater uncertainties. There will be plenty of losers, but also some beneficiaries. By DER SPIEGEL Staff
Spiegel | Tue, 8 Oct 2019 11:53:00
Businesses would have to spend £15bn a year on filling out customs forms if there is no-deal Brexit, HMRC document says
Assessment finds leaving EU without a deal will result in 'significant new and ongoing administrative burden' of firms filling out 215 million customs forms a year
Benjamin Kentish / The Independent | Tue, 8 Oct 2019 11:50:00
Roughly 1.2 million Britons live abroad in the European Union and Brexit is making their lives more expensive and more complicated. For some, it has endangered their livelihoods. Five people talk to DER SPIEGEL about their experiences.
Spiegel | Tue, 8 Oct 2019 11:44:49
Ireland's foreign minister said on Tuesday European Council President Donald Tusk was reflecting EU-wide frustration when he accused Britain of playing a "stupid blame game" over Brexit.
Reuters | Tue, 8 Oct 2019 11:44:37
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FX Street | Tue, 8 Oct 2019 11:44:26
Brexit: Cabinet minister disowns 'unacceptable' threat to withdraw security cooperation with Ireland
As tensions escalate with Brussels, Julian Smith expresses alarm at anonymous Downing Street memo
Lizzy Buchan / The Independent | Tue, 8 Oct 2019 11:40:32
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FX Street | Tue, 8 Oct 2019 11:37:45
Younger voters and people in London more likely to have rowed over EU withdrawal, survey suggests
Andrew Woodcock / The Independent | Tue, 8 Oct 2019 11:34:00
'Almost half the electorate are now floating voters'
Ashley Cowburn / The Independent | Tue, 8 Oct 2019 11:31:00
Here is what you need to know. 1. The pound is tanking after Boris Johnson's Brexit talks with Angela Merkel reportedly hit a dead end. The pound dropped 0.7% against the euro on Tuesday morning. 2. Stocks are dropping after China hints at retaliation after the US blacklisted Chinese tech ...
Yusuf Khan / Money Game | Tue, 8 Oct 2019 11:24:39
The European Union accused Britain of playing a "stupid blame game" over Brexit on Tuesday after a Downing Street source said a deal was essentially impossible because German Chancellor Angela Merkel had made unacceptable demands.
Reuters | Tue, 8 Oct 2019 11:19:03
The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal was unlikely," stoking fears of a disorderly and costly departure from the EU. Merkel told British Prime Minister Boris Johnson that a deal was doomed to fail unless London agreed to keep British-run Northern ...
IBTimes | Tue, 8 Oct 2019 11:17:59
Britain sought on Tuesday to ease concerns about leaving the European Union without a deal, publishing a raft of contingency plans which included a new advice service to help suppliers of medical goods.
Reuters | Tue, 8 Oct 2019 11:15:18
The pound tanked 0.7% against the euro on Tuesday morning, after reports that Boris Johnson's Brexit talks with Angela Merkel hit a dead end. British media outlets are reporting, citing a source close to the prime minister, that "the call with Merkel showed the EU has adopted a new position. ...
Yusuf Khan / Business Insider | Tue, 8 Oct 2019 11:07:02