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Europe News

Sterling falls as traders monitor new Brexit developments

The pound fell on Friday afternoon as a series of different Brexit developments encouraged traders to press sell on the British currency.Sterling started the session trading at 1.252 versus the U.S. dollar. It then rose to $1.2573 by midday London but sank to around $1.2471 just two hours afterwards.The afternoon dip was fueled by a Financial Times…
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UK Prime Minister Johnson avoids Luxembourg press conference on Brexit

Xavier Bettel, Luxembourg's prime minister, stands beside the empty podium of U.K. Prime Minister Boris Johnson following their Brexit meeting in Luxembourg, on Monday, Sept. 16, 2019. Johnson held his first face-to-face talks with European Commission President Jean-Claude Juncker over a working lunch of snails, salmon and cheese in…
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Our aim is a deal

The U.K.'s Brexit secretary on Sunday insisted that ministers would follow ministerial code, in response to the…

UK lawmakers pass a bill to stop no-deal Brexit

U.K. lawmakers passed crucial legislation in favor of delaying Brexit on Wednesday. The House of Commons ensured the vote by a tally of 327 to 299.Johnson, who became prime minister in July, had pledged that the U.K. would leave the EU by the Halloween deadline "come what may." He has said that he would put forward a motion to hold a snap general…
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Italy’s PD, 5-Star say they want to form coalition led by Conte

5-Star Movement leader Luigi di Maio speaks to the media after consultations with Italian President Sergio Mattarella in Rome, Italy, August 28, 2019.Ciro de Luca | ReutersItaly's 5-Star Movement and the opposition Democratic Party (PD) said on Wednesday they would try to form a coalition, setting aside years of hostility to avert a snap election…
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