PARIS: A record number of companies made their market debut on the Euronext index in 2021 as the pan-European exchange benefitted from Brexit and added Milan to the group, the operator said on Thursday. Euronext said 212 companies were newly listed this year for a total market capitalisation of €123 billion ($139 billion), but it … Read more
KARACHI: The cooling down of consumer spending, and reduced shipping congestion will result in global trade growing by 5.4 per cent in 2022, an Euler Hermes Global Trade report showed. While there is a risk of a double-dip in the first quarter of 2022, Euler Hermes expects a normalisation of international trade flows in volume … Read more
DUNMURRY, United Kingdom: In a factory in Dunmurry on the edge of Belfast, black and green boxes of ventilation systems destined for Poland are piled high, each bearing the European energy label. The EU member state is Brookvent’s largest market, despite the UK’s departure from the bloc and disputes about post-Brexit trading arrangements in Northern Ireland. … Read more
KOS, Greece: The European Commission’s vice president Margaritis Schinas on Saturday told Britain it has to sort out its own migrant problems post-Brexit. “The UK has left the European Union,” noted the Greek politician who coordinates a new pact on migration and asylum. “So the UK should now decide how to organise its border management control,” … Read more
LONDON – The Bank of England on Thursday kept its key interest rate at a record-low 0.1 percent, but signalled a probable hike in the coming months to dampen soaring UK inflation. Following a regular meeting, the BoE added in a statement that it was maintaining its vast stimulus programme supporting the pandemic-hit UK economy … Read more
GLASGOW – Prime Minister Boris Johnson on Tuesday said Britain’s position on a row with France over post-Brexit fishing rights was unchanged, as officials held a second day of talks to resolve the dispute. Asked whether London had shifted stance in the face of French threats of retaliatory measures, Johnson told reporters: “The answer is no.” … Read more
Brexit has caused a shortage of workers and truck drivers in the UK, food producers and supermarkets have cautioned that empty shelves could continue through the year-end holiday season unless the government takes appropriate actions to affluence the scarcity. Due to the lack of workers shortage, McDonald’s (MCD) has already been enforced to take milkshakes … Read more
The United Kingdom has completed its formal separation from the European Union. According to the international news agency, The UK has stopped following EU rules at 23:00 GMT, as replacement arrangements for travel, trade, immigration, and security co-operation came into force. The UK officially left the political and economic bloc on 31st January. The UK … Read more
Twenty-seven EU member states have ratified a post-Brexit trade agreement. The agreement will come into force on January 1, following the UK’s full withdrawal from the EU on December 31. The ambassadors of EU member states to Brussels approved the trade deal on Monday, with effect from 1400 GMT (1400 GMT). Under the agreement, the … Read more
UK’s Prime Minister Boris Johnson said there is a “strong possibility” the UK will fail to strike a post-Brexit trade deal with the EU. As per the details, the PM spoke for the first time since a church meeting in Brussels. He said“now is the time” for firms and people to prepare for a no-deal outcome. … Read more
BRUSSELS: Negotiators from Britain and the European Union have launched a possible last two-day struggle to secure the Brexit trade deal after failing to reach an agreement for eight months. According to the reports, David Frost and Michel Barnier commenced the talks from where they left off at the EU headquarters in Brussels for a … Read more
Britain’s Prime Minister Boris Johnson and European Commission President Ursula Von Der Leyen will seek to break the deadlock over a post-Brexit trade deal on Saturday. According to the international news agency, negotiators for the two sides called in the two leaders after saying “significant divergences” remained following a week of intensive talks. Time to get … Read more
European Union is all set to agree UK trade deal, ministers from the EU will meet to approve their mandate for trade negotiations with the UK. EU General Affairs Council approved the document on Tuesday morning. Future talks will be carried out by Micheal Barnier on the basis of this document. it will mention that … Read more
The UK will not allow visas to low-skilled workers under post-Brexit immigration plans the government had unveiled. Employers are being urged to “move away” from depending on “cheap labor” from Europe and invest in retaining staff and developing automation technology. According to the home office, authorities will treat EU and non-EU citizens coming to the … Read more
Access to the European Union (EU) market for Britain-based financial firms will be linked to the overall results of trade talks with London, EU chief negotiator Michel Barnier said on Monday. According to the sources of Reuters, Britain and the EU will lose privileged access to their respective financial markets when the Brexit transitional period … Read more
The UK has finally separated from the European Union after 47 years. The separation has occurred more than three years after voting was carried out. Both celebrations and anti-Brexit protests happened at the moment. Candlelit vigils were carried out in Scotland to protest against the decision. Whereas supporters of Brexit deals celebrated in London’s parliament … Read more
Brussels: With Britain Brexiting, a lot of things are changing in the European Union. But the absence already keenly felt in Brussels’ halls of power is the British wit made famous around the world by Monty Python and Mr Bean. According to the sources of AFP, “The first thing (being missed) is the sense of … Read more
Britain’s departure from the EU on 31 January was set in stone in a historic moment for the nation as MEPs in Brussels ratified the withdrawal agreement before breaking out in a rendition of Auld Lang Syne, BOL News learnt According to the details, As the president of the European parliament, David Sassoli, announced the … Read more
Top European Union (EU) officials signed the Brexit agreement on Friday. According to the details, The heads of the EU Commission and Council put their signatures on the Brexit deal negotiated with the UK. Here’s what else needs to happen before Britain leaves the bloc at the end of the month. Commission head Ursula von … Read more
The Conservative party is all set to win the general elections 2019, and Boris Johnson hopes victory over Brexit debate after extraordinary victory. PM Boris Johnson said that the victory is bringing “closure” to the Brexit conflict and “let the healing begin”. While speaking in Downing Street, Boris Johnson has expressed his views that he … Read more
At least Fifteen Pakistanis have been declared victorious in their seats, in The General Elections of United Kingdom on Friday. Most of the British Pakistanis won their electoral contests from Labour Party followed by Conservative Party. Labour Party: Naz Shah won the general election from Bradford Khalid Mehmood from Birmingham Afzal Khan from Manchester’s Gorton … Read more
The British House of Commons has elected Lindsay Hoyle as a new speaker. According to the foreign news agency, 7 people were nominated for the seat of the speaker. The former speaker John Bercow had resigned from his designation after serving in the house for ten years. Opposition labor legislator Lindsay Hoyle has been elected … Read more
A report by a British government agency, Commission for Countering Extremism has warned that groups are ‘distorting truth’ to spread hate. According to British media, Far-right activists are exploiting concerns about the safety of women and children to target Muslims and ethnic minorities. The Commission for Countering Extremism said some groups deliberately distort the truth … Read more
