13th November 2018
AP — Brexit is already having an impact on Britain’s labor market, with the number of people from the European Union working in the country falling by a record amount. The Office for National Statistics said Tuesday the number of EU nationals working in Britain fell… Read More
12th November 2018
AP — Switzerland’s chief economic crimes prosecutor was suspended last week while leading an investigation into corruption linked to FIFA, the federal prosecutor’s office said Friday. It was unclear how Olivier Thormann’s suspension will affect the integrity of ongoing criminal proceedings. Soccer officials under criminal suspicion… Read More
17th October 2018
The United Kingdom will continue to work with the European Union on implementing sanctions after it leaves the bloc, however it may not necessarily fully replicate all aspects of existing EU sanctions, a government statement explained. In recent months, differences between London and Brussels over negotiating a Brexit deal has… Read More
17th September 2018
AP – South African soccer head Danny Jordaan has been cleared in an ethics check to stand for election to the FIFA Council three years after he was linked to alleged bribery. The Confederation of African Football said in an internal memo seen by The Associated Press on Thursday… Read More
30th August 2018
Britain could choose to withhold some payments to the European Union if a deal to ease its exit from the bloc is not reached before it leaves in March, Brexit minister Dominic Raab told legislators on Wednesday. As part of a Brexit transition deal, Britain has agreed to pay the… Read More
24th August 2018
Britons living in the European Union could lose access to their UK bank account services and businesses on the continent could be cut off from investment banks in London if there is a no-deal Brexit, the British government said on Thursday. In a document detailing contingency planning if Britain leaves… Read More
17th August 2018
World soccer’s ruling body FIFA says the Ghanaian government has pledged to stop the process to wind up the country’s football association (GFA) over corruption allegations. FIFA, which earlier this week threatened to suspend Ghana from international football, said the two sides had on Thursday agreed to work together “to… Read More
9th August 2018
HSBC (HSBA.L) has shifted ownership of its Polish and Irish subsidiaries from its London-based entity to its French unit, and will do so for seven more European branches, as it prepares for Britain’s exit from the European Union. HSBC France will also acquire the activities of seven European branches in… Read More
31st July 2018
Britain has warned the European Union negotiators that EU financial firms will face obstacles to working in the country after Brexit unless the City of London is allowed to operate in the bloc as it does currently, the Guardian reported on Monday. The Guardian said that about 7,000 European based… Read More
26th July 2018
Britain’s banking industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top two financial centers for the foreseeable future, Barclays’ (BARC.L) Chairman John McFarlane told Reuters. Home to the world’s highest number of banks and largest commercial insurance market, the City of London… Read More