Over 89 per cent of companies with business links to Britain said they would make no change in their operations. File
European Commission President Jean-Claude Juncker said on Wednesday it was unlikely the European Union would reach any decision on Brexit at this week’s summit in Brussels.
As the United Kingdom's three-year Brexit crisis spins towards its finale, it is still uncertain how, when or even if it will leave the European Union, though May hopes to bring her deal back to parliament later this week.
British Prime Minister Theresa May faces the risk of resignations from senior ministers on both sides of Britain’s Brexit divide, depending on what course she takes next week, the Sunday Times newspaper reported.
Britain’s vast finance industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top financial centres, ministers in Prime Minister Theresa May’s government said on Monday. Since Britain voted to leave the European Union nearly three years ago,
European stocks slipped on Monday as concerns about an escalating fallout from a US crackdown on China’s Huawei Technologies offset a slightly more positive tone on trade.
The UAE-based Grandweld Shipyards has launched its sixth pilot boat for Kuwait Oil Company (KOC). As per the contract signed in May 2017, the ‘MESKAN’ is the final boat of ten – four crew transport boats and six pilot boats – that Grandweld was required to build for KOC’s fleet.
China’s central bank (CB) will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the central bank’s thinking said. “At present, rest assured they will certainly not let it break 7,” a source told Reuters.