UK

Britain, EU vow to quickly agree on future relationship

European Union’s chief Brexit negotiator Michel Barnier delivers a statement after Britain’s Prime Minister Theresa May’s cabinet meeting, in Brussels, Belgium, November 14, 2018. REUTERS/Francois Lenoir BRUSSELS (Reuters) – Britain and the European Union want to quickly reach a deal on a future relationship after Britain leaves the bloc next year, so that the new […]

Health

Pfizer loses drug patent fight in UK top court, may face claims

LONDON (Reuters) – Pfizer (PFE.N) lost the final round in a lengthy patent battle in Britain on Wednesday after the country’s highest court ruled against it in a case involving its $5 billion-a-year pain drug Lyrica, exposing the company to possible financial claims. The logo of U.S. pharmaceutical corporation Pfizer Inc. is seen at a […]

UK

Draft Brexit deal ends Britain’s easy access to EU financial markets

FILE PHOTO: The Canary Wharf financial district is seen during early morning mist from Greenwich Park in London, Britain, January 22, 2017. REUTERS/Hannah McKay/File Photo LONDON (Reuters) – The United Kingdom and the European Union have agreed a deal that will give London’s vast financial centre a basic level of access to the bloc’s markets […]

Top News

Britain, EU agree draft deal on Northern Irish backstop

A Guinness truck passes a sign for Customs and Excise on a road near the border with Ireland near Kileen, Northern Ireland, October 17, 2018. REUTERS/Clodagh Kilcoyne LONDON (Reuters) – Britain and the European Union have agreed a draft Brexit text, including a solution to the so-called backstop to prevent a return to a hard […]

UK

EU’s Barnier to speak at 2000 GMT on Brexit

European Union’s chief Brexit negotiator Michel Barnier arrives at the EU Commission headquarters in Brussels, Belgium November 12, 2018. REUTERS/Francois Lenoir BRUSSELS (Reuters) – EU Brexit negotiator Michel Barnier will brief reporters on the draft agreement endorsed by the British government on Wednesday at 2000 GMT in Brussels, the European Commission said. EU diplomats expect […]

Technology

Instacart wins $271 million in new funding in November: source

(Reuters) – Grocery delivery startup Instacart raised an extra $271 million in November from investors including U.S. hedge fund Tiger Global Management, bringing its latest round of fund raising to $871 million, a source familiar with the matter told Reuters. The San-Francisco-based startup announced last month it had raised $600 million in a new round […]

UK

EU’s Verhofstadt says Brexit deal maintains close relationship with UK

FILE PHOTO: Guy Verhofstadt, President of the Group of the Alliance of Liberals and Democrats for Europe (ALDE), poses in front of a billboard truck showing a picture of Hungary’s Prime Minister Viktor Orban and a slogan outside the European Parliament in Brussels, Belgium November 6, 2018. REUTERS/Francois Lenoir STRASBOURG (Reuters) – The draft Brexit […]

Sports

Djokovic warns of ‘saturation’ over rival team events

LONDON (Reuters) – Novak Djokovic fears staging a revamped Davis Cup finals and a revived ATP World Team Cup weeks apart could hurt the sport and result in creating two average events. Tennis – ATP Finals – The O2, London, Britain – November 14, 2018 Serbia’s Novak Djokovic in action during his group stage match against Germany’s […]

Top News

EU’s Verhofstadt says Brexit deal maintains close relationship with UK

FILE PHOTO: Guy Verhofstadt, President of the Group of the Alliance of Liberals and Democrats for Europe (ALDE), poses in front of a billboard truck showing a picture of Hungary’s Prime Minister Viktor Orban and a slogan outside the European Parliament in Brussels, Belgium November 6, 2018. REUTERS/Francois Lenoir STRASBOURG (Reuters) – The draft Brexit […]

Top News

May’s statement after cabinet endorses Brexit deal

LONDON (Reuters) – Prime Minister Theresa May said on Wednesday she had secured the support of her top cabinet ministers for her Brexit deal. Britain’s Prime Minister Theresa May, makes a statement outside 10 Downing Street, in London, Britain November 14, 2018. REUTERS/Henry Nicholls Below is her statement, delivered outside her Downing Street residence: “The […]

Top News

Levi Strauss is planning to go public – CNBC

The label of a Levi’s denim jacket of U.S. company Levi Strauss is photographed at a denim store in Frankfurt, Germany, March 20, 2016. REUTERS/Kai Pfaffenbach (Reuters) – Levi Strauss & Co, the 145-year-old company that made the first pair of blue jeans, is planning an initial public offering, CNBC reported on Wednesday, citing sources […]

Technology

Bitcoin drops to one-year low as slump persists; ethereum down sharply

NEW YORK/LONDON (Reuters) – Bitcoin fell to a more than one-year low on Wednesday, breaching a key support level of $6,000 and causing a wave of selling in the digital currency and other crypto assets in what has been a prolonged market slump that began early this year. A bitcoin logo is seen at a […]

UK

Ireland on board with draft Brexit deal – EU sources

Britain’s Prime Minister, Theresa May, leaves 10 Downing Street, in London, Britain November 14, 2018.REUTERS/Henry Nicholls BRUSSELS (Reuters) – Ireland’s envoy to the European Union told a meeting of the bloc’s 27 national ambassadors in Brussels on Wednesday that Dublin was on board with the existing draft Brexit deal, diplomatic sources said. People familiar with […]

Top News

Ministers back May on Brexit but she faces battle in parliament

LONDON (Reuters) – Prime Minister Theresa May won the backing of her senior ministers for a draft European Union divorce deal on Wednesday, freeing her to tackle the much more perilous struggle of getting parliament to approve the agreement. Britain’s Prime Minister Theresa May, makes a statement outside 10 Downing Street, in London, Britain November […]

UK

Northern Irish DUP MP says May’s position ‘very, very shaky’

FILE PHOTO: Nigel Dodds, the DUP’s leader at Westminster, and Sammy Wilson, the DUP’s Brexit spokesman arrive at 10 Downing Street in London, Britain, October 24, 2018. REUTERS/Henry Nicholls BELFAST (Reuters) – A lawmaker from the small Northern Irish party whose votes prop up the British government said on Wednesday Prime Minister Theresa May’s position […]

Top News

Northern Irish DUP MP says May’s position ‘very, very shaky’

FILE PHOTO: Nigel Dodds, the DUP’s leader at Westminster, and Sammy Wilson, the DUP’s Brexit spokesman arrive at 10 Downing Street in London, Britain, October 24, 2018. REUTERS/Henry Nicholls BELFAST (Reuters) – A lawmaker from the small Northern Irish party whose votes prop up the British government said on Wednesday Prime Minister Theresa May’s position […]

Top News

How does a leadership challenge to a Conservative prime minister work?

LONDON (Reuters) – Prime Minister Theresa May’s position as leader of the Conservative Party – and consequently her premiership – is under threat, with media reporting that some MPs who are unhappy with the draft Brexit deal she has reached with the European Union are taking steps to call a confidence vote. Britain’s Prime Minister, […]

Top News

Rohingya repatriation to Myanmar will not begin on Thursday – sources

COX’S BAZAR, Bangladesh (Reuters) – The repatriation of Rohingya Muslims back to Myanmar will not begin on Thursday as planned, two sources directly briefed about the matter said late on Wednesday. A Rohingya refugee girl collects water from a tube-well at the Balikhali camp in Cox’s Bazar, Bangladesh, November 14, 2018. REUTERS/Mohammad Ponir Hossain Bangladesh […]

Sports

Rock-solid Djokovic dismantles Zverev at ATP Finals

LONDON (Reuters) – Novak Djokovic has 834 Tour match wins in his storied career and the latest, a 6-4 6-1 rout of young German Alexander Zverev at the ATP Finals on Wednesday, will not be one for his scrapbook. Tennis – ATP Finals – The O2, London, Britain – November 14, 2018 Serbia’s Novak Djokovic in action […]

UK

May to give short Brexit statement after cabinet meeting

A still image from a video footage shows Britain’s Prime Minister Theresa May speaking during Prime Minister’s Questions in the House of Commons, in central London, Britain November 14, 2018. Parbul TV/Handout via Reuters TV LONDON (Reuters) – Prime Minister Theresa May will give a short statement to media later on Wednesday after she finishes […]