EU News
Deal Struck to Begin Brexit Divorce Negotiations
The U.K. and the European Union struck a deal to unlock divorce negotiations, opening the way for talks on what businesses are keenest to nail down -- the nature of the post-Brexit future. The deal, ...
Brexit May Adversely Effect Legions of Insurance Liabilities, Bank Contracts Without Fix
As far as Brexit headaches go, Barclays Plc's John McFarlane says that while his bank is on top of job relocations, he's more concerned about rewriting "hundreds of thousands" of contracts. He's not ...
Sompo International Expands, Addresses Brexit Worries With New EU HQ
Sompo International Holdings Ltd. plans a European expansion with a new headquarters on the continent, a move that also addresses uncertainty over the Brexit process. The Bermuda-based insurer and ...
Brexit Drives British Ship Insurer North to Establish Dublin Subsidiary
British ship insurer North is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the first of these specialized providers to ...
‘Brexit Bill’ Proposal Likely From Britain Before December EU Summit
Britain will submit proposals on how to settle its divorce bill with the European Union before an EU summit next month and is expected to negotiate hard, finance minister Philip Hammond said on ...
Can Breakfast Restart Brexit Talks? Stay Tuned
British Prime Minister Theresa May will try to unblock Brexit negotiations over breakfast with her Irish counterpart Leo Varadkar on Friday as she battles to persuade European leaders to allow talks ...
Possible Brexit Casualty: 75,000 UK Insurance and Banking Jobs
Sam Woods, Britain's top banking regulator, said a consultancy's estimate that Brexit could cause as many as 75,000 job losses in banking and insurance is "plausible" if the U.K. leaves the European ...
EU, UK, Near Agreement on Faster-Paced Brexit Talks
The European Union's chief Brexit negotiator said he's ready to intensify the pace of talks with the U.K, as the window of opportunity to begin trade talks this year is closing. "I'm ready to speed ...