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News
Elusive Brexit clarity meets sober economic reality
Last time British Prime Minister Theresa May returned from a walking holiday, she called what turned out to be -- for her -- a disastrous election.
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Brexit transition period desirable for UK and EU banks: BoE
The Bank of England said a transition period after Britain leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability.
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World stocks shrug off slowing China trade growth to hit record
Global stocks inched up to a new record high on Tuesday, shrugging off weaker-than-expected Chinese trade data that clouded an otherwise bright outlook for global growth.
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Moscow to cut dependence on U.S. payment systems: RIA
Russia will speed up work on reducing dependency on U.S. payment systems and the dollar as a settling currency, RIA news agency cited Deputy Foreign Minister Sergei Ryabkov as saying on Monday.
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UK ready to pay up to 40 billion euros to leave EU: Sunday Telegraph
Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with Britain's negotiating strategy.
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Russia holds rates amid geopolitical risks, sees cuts by year-end
The Russian central bank held its key interest rate unchanged at 9 percent on Friday, citing geopolitical risks and inflationary pressures, but it indicated rate cuts would follow in the coming months.
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Ireland says no proposal for post-Brexit sea border with Britain
There is no proposal to move the border between Ireland and Britain to the Irish Sea, Ireland's foreign minister said on Friday, after reports of such a post-Brexit solution stoked fury among pro-British Northern Ireland politicians.
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Europe seeks to set global trade rules after Trump steps back
If Donald Trump's ditching of a U.S.-led trade alliance with Pacific Rim nations wasn't a gift to the European Union, then it must be the next best thing.
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