UK Labour leader Jeremy Corbyn refuses to resign after losing confidence vote

UK Labour leader Jeremy Corbyn refuses to resign after losing confidence vote

Lawmakers from Britain`s opposition Labour Party backed a motion of no confidence in their leader Jeremy Corbyn by an overwhelming margin on Tuesday, but Corbyn said he would not resign.

Chancellor Angela Merkel tells Britain no 'cherry-picking' in Brexit talks

Chancellor Angela Merkel tells Britain no 'cherry-picking' in Brexit talks

Chancellor Angela Merkel told Britain on Tuesday it will not be able to cherry-pick the parts of the European Union it wants, such as the single market, without accepting principles like free movement when it negotiates its exit from the bloc.

Europe presses Britain for quick exit to limit global fallout

Europe presses Britain for quick exit to limit global fallout

Britain faced angry calls from other European leaders to act quickly to resolve the political and economic chaos unleashed by its vote to leave the European Union which the IMF said could put pressure on global growth.

Turkey allows more patrol flights on Syria border by NATO allies: Official

Turkey has adjusted its military rules of engagement to allow NATO allies to carry out more patrol flights along its border with northern Syria, a Turkish official said on Tuesday.

EU `strong enough` to survive Brexit: Angela Merkel

EU `strong enough` to survive Brexit: Angela Merkel

German Chancellor Angela Merkel said Tuesday that the EU could survive a Brexit and warned Britain the union would not tolerate "cherry-picking" in upcoming negotiations on their future relations.

EU `strong enough` to survive Brexit: Merkel

EU `strong enough` to survive Brexit: Merkel

 Angela Merkel, The German Chancellor said that the European Union could survive Brexit and would continue to guarantee "peace, prosperity and stability".

British PM meeting EU leaders in Brussels over Brexit vote today

British PM meeting EU leaders in Brussels over Brexit vote today

British Prime Minister David Cameron will meet the European Union leaders in Brussels today, as the bloc meets to discuss the why Britain voted Brexit.

Global stocks extend losses, sterling near 30-year lows in Brexit aftermath

Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain`s shock vote to exit the European Union continued to roil financial markets.

Osborne rules himself out of race to succeed PM Cameron: Report

Chancellor George Osborne, in an article published in the Times newspaper, has ruled himself out of the running to succeed Prime Minister David Cameron, British media reported on Monday

Preparing for Brexit, Britain may see new PM by early September

Preparing for Brexit, Britain may see new PM by early September

Britain could have a new prime minister by early September, the ruling Conservative Party said on Monday, after David Cameron started laying the groundwork for his successor to trigger the country`s exit from the European Union.

UK pensions minister Crabb considering bid to succeed PM Cameron: Report

UK pensions minister Crabb considering bid to succeed PM Cameron: Report

Britain`s work and pensions minister Stephen Crabb is considering a bid to succeed Prime Minister David Cameron, Sky News reported on Monday, citing sources.

Brexit: Could Britain's withdrawal from EU still be averted?

Brexit: Could Britain's withdrawal from EU still be averted?

Could Britain`s parliament, a future prime minister or even a second referendum effectively annul the Brexit vote? Constitutional experts say not in the short-term, but the future is uncertain.

S&P, Fitch downgrade UK credit rating after Brexit

S&P, Fitch downgrade UK credit rating after Brexit

S&P said the the referendum result to leave the European Union could lead to "a deterioration of the UK's economic performance, including its large financial services sector".

Brexit: Germany, France, Italy vow `new impulse` for European Union

Brexit: Germany, France, Italy vow `new impulse` for European Union

The leaders of Germany, France and Italy Monday vowed "a new impulse" for the EU as it reels from Brexit and told London they would make no deals before it formally informs Brussels it will leave the bloc.

Kerry, NATO chief press importance of alliance after Brexit vote

Britain`s vote to leave the European Union will not impact a summit next month, said U.S. Secretary of State John Kerry. Britons voted in a referendum last Thursday to leave the EU.

Britain economy strong, can cope with EU exit turmoil: George Osborne

Britain economy strong, can cope with EU exit turmoil: George Osborne

Britain`s finance minister said on Monday the country`s economy was strong enough to cope with volatility caused by its vote to leave the European Union, whose leaders demanded a quick divorce and promised no special treatment.

Referendum: An agent of direct democracy or a political tool?

The latest petition that currently commands over 3 million signatures was launched after “What is the EU” topped the charts on Google Trends throughout the UK, Northern Ireland and Scotland on Brexit night.

UK Labour leader defies revolt over Brexit strategy

Britain`s opposition leader Jeremy Corbyn insisted Sunday he would not give up his job in a Labour Party revolt over his handling of the EU referendum campaign.

Oil prices fall as Brexit lingers, refined products glut looms

Oil prices fall as Brexit lingers, refined products glut looms

Oil prices dropped on Monday, extending sharp declines after Britain`s vote to leave the European Union sparked a sharp selloff in global markets on Friday.

British EU vote unnerves world leaders and markets

Britain plunged deeper into political crisis on Sunday after its vote to leave the European Union last Thursday, leaving world officials and financial markets confused about how to handle the political and economic fallout.