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Global reinsurers ask EU for mutual market access with Britain post-Brexit

LONDON Global reinsurers have written to the European Commission to ask it to ensure mutual access between British and European Union reinsurance markets after Britain leaves the bloc due to worries about market disruption, according to extracts from the letter seen by Reuters.

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Markets one year after Brexit vote: it all comes down to the pound 6:08pm BST

LONDON UK-based investors who bought shares on the country's main stock index the day after the Brexit vote one year ago could be forgiven for wondering what the fuss is all about. Foreign investors could tell them.

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A year after Brexit vote, European and UK shares diverge 5:51pm BST

LONDON Another wobble in commodity-related shares and dollar earners put pressure on British blue chips on Friday, underscoring their underperformance against continental European peers a year on from Britain's vote to leave the European Union.

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May defends Brexit rights offer in face of EU doubts 5:40pm BST

BRUSSELS Prime Minister Theresa May defended her offer to let millions of EU citizens stay in Britain after Brexit as fellow EU leaders responded coolly on Friday to her opening move in negotiations on Britain's withdrawal. | Video

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Tusk says British offer on expats' rights "below expectations" 5:39pm BST

BRUSSELS European Council President Donald Tusk said on Friday the offer Prime Minister Theresa May presented to other European Union leaders for safeguarding expatriates' rights after Brexit was "below expectations". | Video

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EU will restrict visas for states not taking back migrants 5:29pm BST

BRUSSELS The European Union states decided on Friday to restrict visas for foreign countries that refuse to take back their nationals who have no right of asylum in Europe.

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France's Macron, eastern Europeans try to mend fences 5:07pm BST

BRUSSELS French President Emmanuel Macron and four eastern European Union leaders sought to smooth relations on Friday after publicly trading barbs over jobs and democratic values.

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Offer to let EU citizens stay is fair, insists May 4:46pm BST

BRUSSELS Prime Minister Theresa May defended her offer to guarantee EU citizens living in Britain broadly the same rights as Britons on Friday, saying differences could be overcome by a "constructive" attitude to Brexit talks. | Video

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Brexit forever or Brexit never? 4:40pm BST

LONDON In the year since the United Kingdom voted to leave the European Union, the future of Brexit has been thrown into question by Prime Minister Theresa May's failed gamble on a snap general election. | Video

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EU promises tough line on U.S., China while pushing for free trade 4:19pm BST

BRUSSELS German Chancellor Angela Merkel warned U.S. President Donald Trump on Friday that Europe would react in kind if the United States did not play fair in trade, while EU leaders also agreed to consider screening investments by state-owned Chinese firms.

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German private sector growth slows more than expected in June - PMI

BERLIN, June 23 Germany's private-sector grew at a slower pace in June, a survey showed on Friday, mainly weighed down by weaker activity in the services sector, where the rate of expansion fell to a five-month low.

Amid criticism from rights group, France talks tough on Calais migrants

CALAIS, France France's interior minister on Friday ruled out a new migrant reception centre in Calais and said he would deploy extra riot police to contain a new influx of people roaming the port city in search of food and shelter.

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What does Italy's Berlusconi like about Trump? His wife

ROME Four-time former Italian Prime Minister Silvio Berlusconi, who portrays himself as a charming ladies' man, said on Friday that what he likes most about U.S. President Donald Trump is his wife, Melania.

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