European Union

The Latest: EU chief says British plan is below expectations

BRUSSELS (AP) — The Latest on the European Union summit (all times local):<p>2:55 p.m.<p>European Union chief Donald Tusk says that Britain's offer to ensure the rights of EU citizens after the country leaves the bloc is below expectations and could make things worse for them.<p>The European Council …

Brexit

I was a devastated young remainer. Now I wish we’d just get on with Brexit

As a generation facing a broken housing market, inequality and an uncertain future, we’ve had to move on from a politics defined by EU membership<p>Not much motivates me to stand in the rain with a clipboard, haranguing clearly uninterested strangers, but the remain campaign did. Along with the 64% of …

Brexit

The 12 months in which Britain turned from a seemingly confident leader into a stretched nation

LONDON — The glory days of the Empire are long over. But in some ways, Britain still seemed like it was punching far above its weight a year ago.<p>Although less populous than France or Germany, Britain remained a political and economic world leader, and was the dream destination for Europeans in awe …

Brexit

‘A euphoric mood’ – economists react to eurozone PMI

Economic activity in the eurozone pulled back from a six-year high this month, but the bloc’s brightening economic recovery is showing little signs …

PMI

Pure And Clear Protectionism From The ECB On City Euroclearing

The European Central Bank has just fired another shot in the battle over euroclearing outside the eurozone. This is something they’ve been keen on for some time now and their last attempt was stopped by the European Court of Justice. They just don’t want places outside the eurozone doing …

Opinion

Euro zone stays on growth road, hitting occasional bump

| LONDON<p>Evidence built on Friday that the sturdy improvement in euro zone economic growth touted by the European Central Bank is in place -- albeit with some wobbles.<p>Cruising speed, not acceleration, Morgan Stanley economists said.<p>Surveys of purchasing managers' plans in the euro zone, Germany and …

Europe

EU leaders agree on new multi-billion dollar weapons fund amid Russia tensions

European Union leaders launched their the most ambitious defense plan for decades on Thursday, agreeing a multi-billion-euro weapons fund, shared financing for battlegroups and allowing a coalition of the willing to conduct more missions abroad.<p>It comes as tensions with Moscow and an inward turn in …

United States

Brexit a year on: Nine of the most bizarre moments in politics since Britain's vote to leave the European Union

It has been a wild ride since David Cameron announced in February last year that the referendum on European Union membership would go ahead, leaving …

Referendums

EU summit yields latest pledges on trade and cooperation

Angela Merkel says Friday's EU summit sends a message of optimism. The euro currency and reducing the routes by which displaced people can reach the …

Brexit

Forget euro zone breakup, sterling now deemed riskier

| LONDON<p>For years the options market that companies and investors use to hedge against big swings in currencies viewed the euro as a bigger political and structural risk than Britain's pound.<p>No more.<p>In the political and market turmoil immediately before and following Britain's decision last June to …

Brexit

Euro Zone Services PMI 54.7 vs. 56.2 forecast

Economic Indicators20 minutes ago (Jun 23, 2017 04:00AM ET)<p>Saved. See Saved Items.<p>This article has already been saved in your Saved Items<p>© Reuters. …

Economic Data

WSJ City: More Questions Than Answers One Year After Brexit, Forbes's Parting Shot

Good morning from the WSJ City desks in London. Be the first with high-value stories. Download WSJ City for on your mobile and let us keep you in the loop from 6am. The WSJ City app. Upwardly mobile. iPhone and Android. Your friends and colleagues can sign up to this newsletter here.<p>MUST READS FROM …

Business

Eurozone economy enjoyed 'best quarter in over 6 years'

LONDON (AP) — The economy of the 19-country eurozone has just enjoyed its best quarter for more than six years, according to a closely watched survey.<p>Though growth eased slightly in June, financial information firm IHS Markit said Friday that the eurozone's second quarter overall looks like it will …

Purchasing Managers' Index

Survey on eurozone economic activity

A closely watched survey showing economic growth across the eurozone slipped back to 55.7 in June, from 56.8 the previous month, but the region still …

Business

European Union extends economic sanctions against Russia for another six months

<b>Brussels:</b> EU leaders agreed on Thursday to roll over damaging economic sanctions against Russia for another six months because Moscow has failed to …

Russia

One year on and one week in - what does Brexit mean for tech?

The 23 June 2017 marks one year since the UK voted to leave the European Union (EU). It also marks the end of the first working week of formal Brexit …

Brexit

German bond scarcity a key factor in ECB QE extension debate - sources

| FRANKFURT<p>The growing scarcity of German government bonds makes any major extension of the European Central Bank's asset buying scheme difficult and this will be a key consideration when policymakers decide whether to extend the buys, three sources told Reuters.<p>German sovereign debt available for …

Europe

News Highlights: Top Global Markets News of the Day

Global Shares Pause Ahead of Economic Data<p>Global stocks were little moved Friday ahead of fresh readings on the eurozone and U.S. economies, while the British pound inched higher on the first anniversary of the U.K.'s vote to leave the European Union.<p>Eurozone Economy Slows, Remains in Rude …

Consumer Financial Protection Bureau

The North still backs Brexit one year after EU referendum - but we're pessimistic

A YouGov survey finds North is still the most pro-Brexit part of the country but there's also concern about the future

Brexit

Euro zone businesses end second quarter with slower growth: PMI

LONDON (Reuters) - Roaring euro zone business growth tailed off unexpectedly toward the end of the first half of 2017 following a sudden slowing in …

Economic Data

Euro zone composite PMI misses in June but best quarter in 6 years

Investing.com – Overall economic activity in the euro zone missed the mark in June, but still managed to register the best quarterly growth in six …

Economic Data

Macron arrives at first EU summit with proposals on eurozone, defence - Europe - RFI

Macron has been hailed as a hero who has halted the rise of populism in Europe.<p>But the newly elected French president didn't arrive in Brussels empty-handed. It helped that he came with a set of pro-European proposals aimed at jump-starting the EU.<p>Since the beginning of Macron's term in office last …

European News

World Digest: June 22, 2017

BRITAIN<p>600 buildings undergo testing after inferno<p>The British government<br>said Thursday that tests were underway on about 600 buildings across England to check for flammable exterior panels similar to those believed linked to a deadly fire that quickly engulfed a London<br>tower last week.<p>The testing is …

World News

Nomura picks Frankfurt for post-Brexit HQ

LONDON – Japanese bank Nomura picked Frankfurt as its European Union hub for when the UK leaves the 28-nation trading bloc, Bloomberg News reported.<p>The lender is in the process of finding office space and regulatory approval for a new base of operations, Bloomberg said, and will transfer fewer than …

Brexit

A year on from Brexit, EU leaders have a spring in their step

<b>(CNN) —</b> European political leaders are meeting in Brussels for a critical summit after a morale-boosting few weeks for the European Union.<p>After a lot tough talk from Britain over how it plans to leave the EU, the first official Brexit talks -- which began this week -- saw the UK's chief negotiator …

Brexit

Brexit Bulletin: How to Treat Citizens - Bloomberg

<i>Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter.</i><p>Prime Minister Theresa May travels to Brussels on Thursday for …

Brexit

AP Newsbreak: US, EU urge China to limit food import control

BEIJING (AP) — Food exporters including the United States and European Union are stepping up pressure on China to scale back plans for intensive inspections of imports that they say would hamper access to its fast-growing market.<p>The group, which also includes Japan and Australia, sent a joint …

China

Battered and bruised, Theresa May limps into enemy territory

LONDON — Theresa May arrives in Brussels Thursday as a caretaker prime minister in all but name — unable to govern but trapped in office.<p>After two …

Brexit

EU moves to boost military cooperation

Weeks after being berated by U.S. President Donald Trump for failing to spend enough on defense, European nations vowed Thursday to boost military …

Emmanuel Macron

EU to resist Macron’s call to curb Chinese takeovers: diplomats

European leaders will resist French President Emmanuel Macron’s call to curb foreign takeovers in strategic industries, agreeing only to scrutinise investments but not consider a new EU law against them, four senior diplomats said on Wednesday.<p>While state-owned ChemChina’s $43-billion (34.05 …

China