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Scots push case for special Brexit deal in Brussels

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BRUSSELS The Scottish government is pushing for Britain and the European Union to give Scotland special terms in any Brexit deal to keep it closer than England to EU markets, its lead negotiator said in Brussels on Monday.

UK Brexit minister starts tour to lay ground for 'constructive' EU talks

LONDON British Brexit minister David Davis met the EU's chief negotiator Michel Barnier on Monday, the first meeting of several that Britain hopes will "lay the ground for a constructive dialogue".

1:31pm EST

UK's May courts business seeking to avoid Brexit exodus

LONDON Prime Minister Theresa May set out plans to get big business behind her Brexit strategy on Monday, toning down plans to put workers on company boards and promising to spend billions of pounds on science, technology and research. | Video

1:20pm EST

Yaskawa sees short-term Brexit gain from lower labor costs

FRANKFURT Japanese robot maker Yaskawa Electric sees short-term benefits from Britain's decision to leave the European Union thanks to lower labor costs for the roughly 150 staff it employs in Scotland, it said on Monday.

12:11pm EST

Swiss president says open to discussions on Britain joining EFTA

GENEVA Switzerland's president said on Monday his country would consider letting Britain join the European Free Trade Association when it eventually leaves the European Union following June's Brexit referendum.

11:28am EST

UK inflation expectations rise at fastest rate since 2011-Barclays

LONDON Public expectations for inflation in Britain in one year's time have risen at their sharpest rate in more than five years following the sharp fall in sterling since June's Brexit vote, a quarterly survey published by Barclays showed on Monday.

10:41am EST

ECB's Villeroy points to 'pragmatic approach' over QE in March

MADRID The European Central Bank will not abruptly stop its bond-buying program but nor will it extend it indefinitely beyond its planned end in March 2017, governing council member Francois Villeroy said on Monday, pointing to a "pragmatic approach."

10:37am EST

British PM hints she may be open to transitional agreement with EU

LONDON Prime Minister Theresa May pledged on Monday to address business concerns that Britain could fall off a "cliff edge" into uncertain trading conditions after leaving the EU, hinting at some form of a transitional agreement.

10:12am EST

Merkel says she will seek fourth term as German chancellor

BERLIN Angela Merkel announced on Sunday she wants to run for a fourth term as German chancellor in next year's election, a sign of stability after Britain's vote to leave the European Union and the election of Donald Trump as the next U.S. president. | Video

10:11am EST

Accused killer of British MP had Third Reich eagle at home

LONDON Police searching the house of the man accused of killing British member of parliament Jo Cox found Nazi materials including books and an eagle ornament bearing a swastika, a prosecutor told his trial on Monday.

10:00am EST
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Burdened but unbowed, Merkel faces biggest test in tilt at fourth term

BERLIN Announcing on Sunday she will seek a fourth term in office, Germany's Angela Merkel faces perhaps the biggest test of her career: defending the European and transatlantic status quo amid huge uncertainty for both.

France arrests seven people suspected of planning militant attack

PARIS France said on Monday it had foiled a possible militant attack after detaining seven people, including some who had been in the ranks of Islamic State in Syria.

Pioneer's 3.5 billion euro price tag too much for Aberdeen: Bloomberg

Aberdeen Asset Management's chief executive said Italian bank UniCredit had priced its Pioneer fund unit too high at 3.5 billion euros ($3.7 billion), prompting the British firm to drop a takeover bid, Bloomberg reported on Monday.

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