deal
UK will reap rewards of TTIP: Brussels bureaucrat attempts to link UK to US-EU trade deal
A CONTROVERSIAL trade partnership between the European Union (EU) and the United States could benefit Britain, according to a Brussels official. David O’Sullivan, the EU ambassador to the US, has extended the olive branch to the UK by saying Britain will reap the rewards of the Transatlantic Trade and Investment...
ARM Holdings in £24bn Japanese takeover deal
ARM Holdings, one of the UK's biggest technology companies, is set to announce it is being bought by Japan's Softbank for £24bn ($32bn). The board of ARM is expected to recommend shareholders accept the offer — close to a 50% premium on its closing market value of £16.8bn on Friday. The Cambridge-based...
MH17 crash: Malaysia Airlines ‘strikes deal on damages’, says lawyer
Malaysia Airlines has settled damages with the relatives of most victims of the MH17 crash, the lawyer representing the victims, Veeru Mewa, says. Flight MH17 was shot down exactly two years ago over territory held by pro-Russian separatists, killing all 298 people on board, most of them Dutch. Dutch media say there are no...
UK offered Brexit free trade deal with Australia
Australia has called for a free trade deal with Britain following its exit from the European Union. Theresa May described the move as "very encouraging" and insisted it showed Brexit can work for Britain. In a phone call to the new PM, her Australian counterpart Malcolm Turnbull said he urgently wanted to open up...
Brexit could lead to ‘second golden age’ as China opens up for trade deal with UK
BRITAIN is more likely to strike a trade agreement with China thanks to the nation’s vote for Brexit – officials from both sides have claimed. Xing Houyan, from the state supported Chinese Academy of International Trade and Economic Cooperation, claimed the “situation in Western Europe will push China and the...
REVEALED: Merkel NEEDS free trade deal with UK or 750,000 German jobs could face the axe
ANGELA Merkel will have to agree to a free trade deal with an independent United Kingdom because 750,000 jobs rely on cross-Channel exports, a senior economics analyst has warned today. Marc Biese urged German politicians to “think” about the vast economic benefits of close ties with Britain as the cavernous trade...
Now French say Britain COULD have new deal on EU migration ahead of Brexit negotiations
EUROPEAN leaders could be ready to negotiate a new immigration deal with Britain after the Brexit vote. Leading politicians from across the Brussels club have said there should be no red lines as discussions over Britain's future outside the bloc get underway. Crucially, French finance minister Michel Sapin – who last...
Greece bailout: Eurozone agrees ‘breakthrough’ debt deal
Eurozone finance ministers have agreed to extend further bailout loans to Greece as well as debt relief, in what they call a "major breakthrough". After late-night talks in Brussels, the ministers agreed to unlock 10.3bn euros ($11.5bn; £7.8bn) in new loans. The move came two days after the Greek parliament...
Migrant crisis: Merkel and EU officials visit Turkey to promote deal
German Chancellor Angela Merkel and top EU officials are due to visit the Turkish-Syrian border to promote a controversial month-old migrant deal. The visit comes amid questions over the legality of the EU-Turkey pact, which deports back to Turkey migrants who do not qualify for asylum in Greece. Human rights groups say Turkey...
VW reaches US deal in emissions scandal
Volkswagen will pay "substantial compensation" and buy back cars in US as part of a deal to settle the diesel emissions scandal. The details were announced in a California court after a federal judge gave VW and regulators a deadline to agree a fix for the cars. Last year, US regulators discovered that VW cars were...
Netherlands ‘rejects’ EU-Ukraine partnership deal
Voters in the Netherlands have rejected in a referendum an EU partnership deal removing trade barriers with Ukraine, preliminary results suggest. With 99.8% of the votes counted, 61.1% had said "No", with 38% supporting a deal, media reports said. Turnout is projected at 32%, above the 30% threshold of voters needed...
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