Market Summary Maltese market closed in green on Wednesday, with MSE total index ending the session 0.502% higher to 9,708.896 points. Best performer was GO plc by jumping 3.21% to close at 4.50. Followed by Bank of Valletta plc and Lombard Bank Malta plc which rose 1.41% and 0.88% to close at 1.08 and 2.28 respectively. HSBC Bank Malta plc, Malta International Airport plc and BMIT Technologies plc were active but closed unchanged. European stock bounced back on Wednesday amid reports of possible progress on crafting a new government coalition in Italy which would avoid having to call fresh elections. The pan-European Stoxx 600 was ahead by 1.21% at 375.80, alongside a rise of 1.30% to 11,802.85 for the German Dax while the Cac-40 was rising by 1.70% to 5,435.48. Wall Street stocks closed higher on Wednesday as investors digested some solid figures from major retailers and minutes from the last meeting of the Federal Open Market Committee to be published. At the close, the Dow Jones … [Read more...] about Post-Brexit continuity trade deal
Post brexit eu trade
British five pound banknotes are seen in this picture illustration taken November 14, 2017. REUTERS/ Benoit Tessier/Illustration LONDON (Reuters) - Britain and South Korea will sign a continuity Free Trade Agreement on Thursday to allow businesses to keep trading freely after Brexit at the end of October, the British government said. Britain has been seeking to replicate EU-trade agreements with third countries ahead of its planned departure from the bloc but many had stalled over the uncertainty about if and when Brexit would happen after it was delayed earlier this year. Prime Minister Boris Johnson, who took office last month, has vowed to take Britain out of the EU on Oct. 31 with or without a deal, and the government said it had now signed continuity agreements covering trade worth 89 billion pounds, up from 39 billion pounds in March, Britain’s original exit date. The British government said the UK-Korea agreement replicated as far as possible the EU-Korea trade deal … [Read more...] about UK and South Korea to sign post-Brexit continuity trade deal
Business By Faisal Islam Economics editor 22 July 2019 comments Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/business-49075764 Read more about sharing. These are external links and will open in a new window Close share panel Related TopicsBrexit "There's a tariff of 20% on cars," is the shout at the front of the … [Read more...] about What happened to post-Brexit free-trade nirvana?
The US will want business access to the NHS in any post-Brexit trade deal, the US ambassador has said, prompting anger from politicians and campaigners before Donald Trump’s state visit to the UK this week. Woody Johnson, who is a close friend of the US president, said every area of the UK economy would be up for discussion when the two sides brokered a trade deal. Asked if the NHS was likely to form part of trade negotiations, Johnson told the BBC’s Andrew Marr Show: “I think the entire economy, in a trade deal, all things that are traded would be on the table.” Asked if that specifically meant healthcare, he said: “I would think so.” His comments were met with alarm from opposition politicians. The shadow health secretary, Jonathan Ashworth, said the comments were deeply concerning. “The ambassador’s comments are terrifying and show that a real consequence of a no-deal Brexit, followed by a trade deal with Trump, will be our NHS up for … [Read more...] about US wants access to NHS in post-Brexit deal, says Trump ally
LONDON (Reuters) - Weakening rules for banks and insurers after Brexit would be “anathema”, but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said on Thursday. FILE PHOTO: Britain's Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority Sam Woods speaks during the Bank of England's financial stability report at the Bank of England in the City of London, Britain June 27, 2017. REUTERS/ Jonathan Brady/Pool/File Photo “So as far as the stringency of financial regulation goes, we at the Bank have a clear view of what would make sense for the UK in a post-Brexit environment: we should keep it calibrated roughly where it is now and have no desire whatsoever to weaken it,” Woods said at a conference in Switzerland. Britain has been forced to postpone Brexit twice and is still struggling to agree on the terms of its departure from the … [Read more...] about BoE’s Woods warns against post-Brexit weakening of bank rules