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Brexit

Brexit

The latest news from MarketWatch on the proposed withdrawal of the United Kingdom from the European Union.

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Full recovery is two long years away, says June’s top economic forecaster

“I’m a bit pessimistic,” says Christophe Barraud, winner of the Forecaster of the Month contest. “A full recovery will take a long, long time.”

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Musk Says Tesla Will Have Full Autonomous Driving Figured Out This Year. Don’t Bet Against Him.

Debate over sending children back to school intensifies, a belated uptick in deaths, airlines in distress, and other news to start your day.


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More Brexit News

HeidelbergCement books EUR3.4B impairment

HeidelbergCement AG said late Monday that it has booked an impairment of around 3.4 billion euros ($3.85 billion) before tax, mainly due to the coronavirus pandemic and Brexit, after a review of its asset portfolio in the ...

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Oil Major Shell Weighs Up Relocating Its Headquarters To London

If Shell moved its headquarters to the U.K. this would mirror a similar step taken in June by consumer goods group Unilever, which makes Dove soap and Ben & Jerry’s ice-cream.

by Barron's

The World’s Billionaire Population Increased by 221 Last Year to 2,825

The billionaires’ combined wealth rose 10.3% year-over-year to US$9.4 trillion

by Barron's
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Boris Johnson hails his economic plan as a new ‘New Deal.’ Try ‘small deal’ instead

The U.K. Prime Minister says his economic plan for the country amounts to a Franklin D. Roosevelt-style “New Deal.” But he probably knows that he really can’t afford to spend all the billions he would like right now.

by Pierre Briançon
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Trump’s jaw-dropping calls with foreign leaders threaten national security, Carl Bernstein report for CNN claims

A bombshell report by CNN late Monday claims President Donald Trump is so unprepared and abusive on phone calls with foreign leaders that he poses a national security threat.

by Mike Murphy
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U.K.’s top civil servant Mark Sedwill steps down from powerful role

Britain’s top civil servant and one of the most powerful people in government announced Sunday that he would step down, as Prime Minister Boris Johnson prepared to shake up the the country’s civil service.

by Associated Press
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U.K. car industry at risk of losing one in six jobs unless government extends support, trade body warns

Output from the U.K.’s car plants could fall to the lowest level since 1953 when the Brexit transition period ends.

by Lina Saigol
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Fish-and-chip shops have been battered by the coronavirus — but this chain pivoted to online orders and sales soared

Just five weeks after closing, one of Britain’s biggest fish-and-chip shop chains overhauled its business model and reopened all 40 of its stores.

by Lina Saigol
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BlackRock says it’s warming up to Europe, which it says may outgrow the U.S. in second half of the year

Fund management giant BlackRock said it is warming up to the European response to the coronavirus outbreak, saying an “impressive array” of fiscal and monetary measures will bridge the economy through the response.

by Steve Goldstein
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Bank of England Expected to Increase Bond Buying Amid Lowest Inflation in Four Years

Inflation in the U.K. has sunk to its lowest level in four years, but the Bank of England can still take a breather and pause before it considers drastic action at its policy-setting meeting on Thursday.

by Barron's