NASA has been asking for suggestions from the public to beam up to the most distant man-made object in the universe, with Tuesday marking the final day for people to send in their requests. The U.S. space agency has been collecting submissions via Twitter, Facebook and other social media platforms for a 60 character message […]
Read moreStruggling German airline Air Berlin filed for insolvency on Tuesday after years of losses caught up with it and shareholder Etihad withdrew funding, with rival Lufthansa saying it was in talks to take over parts of its business. Air Berlin, whose debt piled up after a series of takeovers, has seen speculation over its finances […]
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London's financial district is ‘hemorrhaging talent’ because of Brexit, warns UK job recruiter
The City of London, home to the U.K.’s largest trading and financial services, is suffering from a loss of professional talent due to Brexit, warns a U.K. job recruitment agency. “The City is still haemorrhaging talent because of Brexit, and we risk losing jobs, too,” said Hakan Enver, operations director at recruitment consultancy Morgan McKinley […]
Read moreBritish consumer price inflation unexpectedly held steady last month as fuel prices fell amid other signs that the squeeze on households’ spending power may slowly be starting to level off. Official figures on Tuesday showed the pace at which manufacturers’ raw material costs are rising slowed by the most in over five years as the […]
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Britain's Brexit minister says UK should not have to pay for temporary customs deal with EU
The U.K. should not have to pay to have a customs union during an interim period after leaving the European Union (EU), Brexit Secretary David Davis said on Tuesday. Britain has proposed a temporary customs union with the EU for at least three years after Brexit in order to allow the “freest and most frictionless […]
Read moreThe German economy grew by less than expected in the second quarter as net trade dampened an overall expansion which was driven by strong household spending and rising state expenditure, the Federal Statistics Office said on Tuesday. Seasonally and calendar adjusted gross domestic product (GDP) in Europe’s biggest economy rose by 0.6 percent on the […]
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London property sales slump as Brexit bites but Indians seeking ‘safe haven’ may take up slack
Prime property in central London has lost its attractiveness among global investors due to the uncertainty over the country’s future relationship with the European Union. Sales in central London have tanked 41 percent in the first quarter of this year to just 3406 sales compared with the previous year, data from real estate investment adviser […]
Read moreAs negotiations for Britain’s departure from the EU rumble on, a new pro-EU opposition party led by the government’s former Brexit adviser is poised for a September unveiling. ‘The Democrats’, which pitch themselves as an anti-Brexit, centrist party, unveiled on Twitter Monday its logo and the sale of branded merchandise as it seeks to raise […]
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Top UK ministers say Brexit transition cannot be back door to staying in EU
Britain needs a transition period to soften its exit from the European Union, but it cannot be used to stop Brexit, two senior ministers said on Saturday, signalling a truce between rival factions in Prime Minister Theresa May’s cabinet. May’s Brexit strategy has been the subject of open debate among her top team ever since […]
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'We are ready' says Britain, launching push to break Brexit stalemate
Britain says it is ready to move to the next phase of Brexit talks and set out details of the future relationship it wants with the European Union. Opening rounds of talks with Brussels have made little headway, with EU negotiators demanding greater clarity from the British delegation. The EU has warned that an already-tight […]
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