Europe’s eyes on Germany’s Merkel to rebuild EU after Brexit vote
When the chips are down in Europe, everyone turns to Germany’s Angela Merkel for a solution. But the German…
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European Union
Most Britons oppose second referendum on EU exit: poll
The majority of Britons are opposed to a second referendum on membership of the European Union and almost half…
Serious concerns haunting Egyptian automotive market following Brexit
The Egyptian automotive market received the news of Brexit vote to leave the European Union (EU) with serious…
Bank of England surprises markets, keeping rates on hold, signals August move
The Bank of England has kept interest rates unchanged on Thursday, wrong-footing many investors who had forecast…
New UK finance minister Hammond rules out emergency budget amid Brexit uncertainty
Incoming Chancellor of the Exchequer Philip Hammond stated Thursday that the U.K. Treasury would do whatever it…
Yen hits three-week low, sterling steps up ahead of BoE meeting
The yen slipped to a three-week low on Thursday on speculation of more stimulus from Tokyo, while sterling ticked…
Bank of England poised to cut rates to cushion Brexit hit to UK
The Bank of England is set to cut interest rates for the first time in more than seven years as it tries to cushion…
Asian shares hover near eight-month peak on BoE rate cut hope
Asian shares hovered near eight-month highs on Thursday as investors bet the Bank of England will cut interest…
UK’s Pound set for longest rally in two months as May takes over
After weeks of political turmoil, a semblance of stability is returning to U.K. politics, and the pound is reaping…
Brexit vote was advisory so UK parliament must decide, lawyers tell Cameron
The Brexit vote was advisory so lawmakers in parliament should decide whether Britain should leave the European…
