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Hard Brexit fears crunch sterling ahead of May speech

Mon, 16 Jan 2017 12:52:26 +0000

LONDON (Reuters) - Britain's pound fell sharply on Monday as concern mounted that the country was heading for a "hard" Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government's plans.(image)

Trump says Brexit to be 'a great thing', wants quick trade deal with UK

Mon, 16 Jan 2017 12:09:29 +0000

LONDON (Reuters) - U.S. President-elect Donald Trump said that Brexit would turn out to be a great thing and other countries would follow Britain out of the European Union but promised to strike a swift bilateral trade deal with the United Kingdom.(image)

Man injured in shooting near Scottish school, say police

Mon, 16 Jan 2017 12:36:16 +0000

EDINBURGH (Reuters) - A 35-year-old man was injured in a shooting near a primary school in the Scottish city of Glasgow on Monday morning, police said.(image)

Hundreds of U.S. Marines land in Norway, irking Russia

Mon, 16 Jan 2017 12:13:06 +0000

OSLO (Reuters) - Some 300 U.S. Marines landed in Norway on Monday for a six-month deployment, the first time since World War Two that foreign troops have been allowed to be stationed there, in a deployment which has irked Norway's Arctic neighbour Russia.(image)

May agrees on changing economic model post-Brexit if forced - spokeswoman

Mon, 16 Jan 2017 11:56:37 +0000

LONDON (Reuters) - Prime Minister Theresa May shares her Chancellor's view that Britain stands ready to consider alternative economic models following Brexit if forced to, her spokeswoman said on Monday.(image)

Trump threatens German carmakers with 35 percent U.S. import tariff

Mon, 16 Jan 2017 12:17:42 +0000

FRANKFURT/BERLIN (Reuters) - U.S President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S. market, a plan that drew sharp rebukes from Berlin and hit the automakers' shares.(image)

Hong Kong leadership race heats up as China clears way for top officials to run

Mon, 16 Jan 2017 10:38:47 +0000

HONG KONG (Reuters) - China on Monday approved the resignations of two of Hong Kong's top officials, including its financial secretary, paving the way for them to contest a March election to become the next chief executive of the financial hub.(image)

Trade tensions, dollar danger cloud economic optimism in Davos

Mon, 16 Jan 2017 12:47:15 +0000

DAVOS, Switzerland (Reuters) - A trade war between the United States and China and a strengthening dollar are among the biggest threats to a brightening global economic outlook, according to leading economists at the World Economic Forum in Davos.(image)

Trump's offer to Russia - an end to sanctions for nuclear arms cut: London Times

Mon, 16 Jan 2017 12:44:52 +0000

LONDON (Reuters) - U.S. President-elect Donald Trump will propose offering to end sanctions imposed on Russia over its annexation of Crimea in return for a nuclear arms reduction deal with Moscow, he told The Times of London.(image)

Turkish cargo jet crash kills 37 in Kyrgyzstan

Mon, 16 Jan 2017 12:46:16 +0000

BISHKEK (Reuters) - A Turkish cargo jet crashed near Kyrgyzstan's Manas airport on Monday, killing at least 37 people, most of them residents of a village struck by the Boeing 747 as it tried to land in dense fog, Kyrgyz officials said.(image)