20th December 2018
With just 100 days until Brexit, the EU’s executive cautioned that most banking, insurance and other financial firms in Britain would be cut off from the European Union if there is no divorce deal. Prime Minister Theresa May’s failure to find a deal the British parliament will approve means the… Read More
17th December 2018
AP — Spanish prosecutors have charged pop music star Shakira with tax evasion, alleging she failed to pay more than 14.5 million euros ($16.3 million) between 2012 and 2014. The Colombian singer denied the charges. The charges published Friday allege that Shakira listed the Bahamas as her official residence for… Read More
17th December 2018
British travellers will have to pay 7 euros (6.29 pounds) for a three year pre-travel authorisation to visit the European Union after Brexit, provided London seals a divorce agreement with the bloc. The EU is readying a new electronic visa waiver system by 2021 to beef up security. The bloc’s… Read More
13th December 2018
AP — British Prime Minister Theresa May survived a political crisis over her Brexit deal Wednesday, winning a no-confidence vote by Conservative lawmakers that would have ended her leadership of party and country. But the margin of victory — 200 votes to 117 — leaves… Read More
11th December 2018
Frankfurt prosecutors have launched a probe against a former anti-money laundering official of Deutsche Bank on suspicion of money laundering, German public broadcaster Hessischer Rundfunk reported on Monday. The public prosecutor is accusing the former official of failing to report suspicious transactions, despite sufficient indications of money laundering, Hessischer Rundfunk… Read More
4th December 2018
International banks in Britain should resist pressure from European Union regulators to shift their non-EU business to new hubs in the bloc because of Brexit, Britain’s markets watchdog said on Monday. Around 30 lenders in Britain have applied to the European Central Bank for a license to open or expand… Read More
26th November 2018
AP — The European Union has formally approved a divorce agreement with Britain, the first country ever to leave the 28-nation bloc. The deal consists of a legally binding withdrawal agreement that runs more than 580 pages, and a 26-page political declaration on future relations. Some… Read More
23rd November 2018
Britain has failed to win a guarantee of access to EU security databases once it leaves the European Union, according to a draft deal agreed between London and Brussels on future ties, leaving such co-operation open to negotiation. Britain, along with France, is one of Europe’s biggest military powers and… Read More
19th November 2018
AP — British Prime Minister Theresa May fought back against critics of her Brexit deal Saturday, telling opponents from within her party their alternative plans for Britain’s departure from the European Union wouldn’t work. May is battling to win over rebels in her Conservative Party and… Read More
15th November 2018
AP — The draft divorce agreement between Britain and the European Union has two parts: a legally binding withdrawal agreement, which runs more than 580 pages, and a looser political declaration on future relations. Some key points: WITHDRAWAL AGREEMENT Transition period: Britain will leave the EU… Read More