A tepid reception from EU leaders was met, who stressed that many issues remain unresolved, to U.K. Prime Minister Theresa May’s proposal to safeguard residency rights of European Union citizens currently living in the U.K. Saying she wanted to offer them as much certainty as possible about their futures, almost all 3 million EU citizens…
According to Luc Frieden, who has held several portfolios within the Luxembourg cabinet over the past few decades, U.K. financial services firms will definitely not be able to carry on business as normal within the European Union (EU) after it leaves the bloc. “We need a strong partnership with the United Kingdom, it’s our neighbor…
While Westminster comes to terms with a hung parliament, Britain was plunged deep into political uncertainty after last week’s inconclusive General Election. It is therefore important to understand the impact on investors over the coming months because of this. “Clearly the pound is a little bit weaker, I think it’s going to bounce around for…
At a Larsen & Toubro Ltd. factory in western India, that makes parts for nuclear power plants, business has been slow. Hoping to profit from government plans to build more reactors in a country where more than 200 million people lack access to electricity, the Mumbai-based construction company opened the plant in 2012. And L&T’s…
The prospect of political turmoil just as formal Brexit talks begin has been raised following a projection by polling company YouGov which says that the U.K. Prime Minister Theresa May could lose control of parliament in Britain’s June 8 election. Though other models show May winning a big majority of as much as 142 seats and a…
This will be the biggest cut in federal funding for the rural economy. This has wide ranging repercussions not only for the U.S. rural economy but for all U.S. tax payers as well. In a significant development that could see food prices move up northwards, the White House budget has proposed $46.54 billion in federal…
The Labour Party aims to secure Britain’s access to EU’s lucrative single bloc market. With Jeremy Corbyn’s Labour Party shortening the lead that British Prime Minister Theresa May had when she plunged country into elections, May has urged voters to back her if they want Britain to exit the EU. Last week, having announced her…
These are some of the stunning disclosures Ebell told delegates in a closed door meeting.
For the big ambitions of Saudi Arabia’s young deputy crown prince, who is trying to steer the kingdom’s fortunes away from oil, U.S. President Donald Trump’s visit to Saudi Arabia could be a boost. While affirming its decades long support as Saudi Arabia’s regional power struggle with Iran intensifies, the U.S. brings an arms deal worth…
Hospitals across the country were forced to turn away patients due to the cyberattacks. Britain’s defence minister Michael Fallon has disclosed that the country is spending $64 million (50 million pounds) on improving the security of the National Health Service’s computer systems while warning that the institutions faced cyber threats. During an interview on BBC’s…
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