(MENAFN - AFP) The European Union gave Belgium a barely 24-hour ultimatum Sunday to say whether it can back an EU-Canada trade deal, warning otherwise it will cancel a summit to sign the accord with Ottawa.
In an embarrassment for the 28-nation EU, Belgium has so far been unable to sign up to the CETA trade deal because of blockage by its French-speaking region of Wallonia.
(MENAFN - AFP) International banks based in Britain are readying to relocate some operations outside of the country in 2017, fearing post-Brexit uncertainty, the director of a powerful banking lobby said Sunday.
"Their hands are quivering over the relocate button," Anthony Browne, chief executive of the British Bankers' Association, wrote in The Observer newspaper.
(MENAFN - AFP) Minutes after fishermen tip him off that a ship is about to pass through Istanbul's Bosphorus, Yoruk Isik drops what he's doing and rushes to his favourite vantage point, camera in hand.
The vessel is not one of the dozens of cargo boats that pass through the strait between Europe and Asia every day. It is a Russian warship, in this case the landing ship Nikolai ...
(MENAFN - AFP) Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers
While efforts by Paris to lure financial companies from London in the wake of Britain's vote to leave the European Union have dominated the headlines, a different sort of rivalry has also been playing out.