Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
NEW YORK, United States (AFP) — The British currency sustained gains won late Wednesday after Prime Minister Theresa May survived a bid by her own MPs to unseat her through a no-confidence vote. The pound had gained nearly a full percentage point to $1.2597 around 2100 GMT, just after the vote maintaining the steady upward march after it became clear May was likely to win. © Agence France-Presse
by Dario THUBURN Agence France Presse LONDON, United States (AFP) — Prime Minister Theresa May faces an angry parliament Wednesday after delaying a key vote on her Brexit deal in a desperate move that leaves the agreement and her own future in limbo. The British leader toured European capitals on Tuesday in an attempt to salvage the deal, after MPs savaged its provisions on the issue of the Irish border. May said she wanted “assurances” […]
by Heather SCOTT Agence France Presse WASHINGTON, United States (AFP) — American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest medical supply company is considering shipping production overseas amid growing uncertainty. Surveys of US business and consumer sentiment continued to show economic optimism going into next year but cracks are beginning to form — in the United States and around the world — with […]
by John BIERS Agence France Presse NEW YORK, United States (AFP) — The British pound fell again Tuesday due to mounting uncertainty over Prime Minister Theresa May’s Brexit plan, while European bourses advanced amid bargain-hunting. Wall Street experienced another volatile session, boosted by reports of progress in the US-China trade war, but buffeted by President Donald Trump’s threat to shut down the government over border security funding. Major US indices ended little changed. Britain’s prime […]
TOKYO, Japan (AFP) — Tokyo shares closed lower on Tuesday as uncertainty caused by factors including Brexit and trade tensions weighed on the market, wiping out early gains. The benchmark Nikkei 225 index fell 0.34 percent or 71.48 points to 21,148.02 while the broader Topix index was down 0.91 percent or 14.50 points at 1,575.31. Tokyo shares opened higher, rebounding from sharp drops the previous day, with investors apparently relieved that Wall Street eked out […]
by Alice RITCHIE / Dave CLARK in Brussels Agence France Presse LONDON, United Kingdom (AFP) — British Prime Minister Theresa May on Monday postponed a parliamentary vote on her Brexit deal to avoid a crushing defeat, saying she would return to Brussels for further talks — but the EU warned it would not reopen the agreement. In an emergency statement to the House of Commons, May conceded that the draft divorce agreement she struck with […]
HONG KONG, China (AFP) — Asian markets fell Wednesday following a rout on Wall Street, as investors were bombarded by a “perfect storm” of problems from trade to Brexit that erased the positivity seen at the start of the week. The glum mood overshadowed hints from Donald Trump at more time to resolve the China-US trade row, as well as soothing comments from China about their desire to push on with a weekend agreement between […]
LONDON, United Kingdom (AFP) — British government minister Sam Gyimah quit late Friday over Prime Minister Theresa May’s “naive” Brexit plan, dealing her another blow in her fight to pass it through parliament. The universities and science minister is the seventh member of May’s government to quit since she brought back the draft Withdrawal Agreement from Brussels. Gyimah, who voted to remain in the EU, said the deal was “not in the British national […]
NEW YORK, United States (AFP) — Global stocks rallied Monday, shaking off recent weakness ahead of a meeting between the presidents of the United States and China that investors hope will produce a breakthrough. Markets were also hopeful as oil prices stabilized, Britain sealed a Brexit deal with the EU and Italy signaled a more conciliatory stance in a budget fight with Brussels. “The main driver is that we were oversold for a short period […]
by Alice Ritchie and Dave Clark Agence France Presse BRUSSELS, Belgium (AFP) — European Union leaders on Sunday approved a historic Brexit deal with British Prime Minister Theresa May, and together warned rebellious MPs in London this was the best and only option available. Leaders meeting at a special Brussels summit expressed sadness at the “tragic” end of four decades of British EU membership, but said the terms of the withdrawal were now set. “This […]
by Alex PIGMAN and Toni CERDÀ Agence France Presse BRUSSELS, Belgium (AFP) — British Prime Minister Theresa May was headed back to Brussels on Saturday to defend the planned Brexit divorce deal even as Spain threatened to boycott an EU summit meant to endorse it. May has final day talks scheduled with EU leaders Jean-Claude Juncker and Donald Tusk, although diplomats said the withdrawal agreement is finished and ready for EU leaders to approve […]
by Alice RITCHIE / with Damon WAKE in Brussels Agence France Presse LONDON, United Kingdom(AFP) — Prime Minister Theresa May on Thursday fended off heavy opposition in parliament after Britain and the EU agreed on the outlines of post-Brexit ties as part of a draft deal due to be signed off by EU leaders. After briefing her cabinet in a hastily-arranged teleconference call, May addressed the House of Commons, saying the agreement was the “best […]
