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Spain government expected to impose direct rule over Catalonia

Prime minister meeting cabinet to set out specific powers to be removed from region after independence referendumThe Spanish government is holding a special cabinet meeting to approve the withdrawal of devolved powers from Catalonias separatist government in the wake of the regions efforts to unilaterally declare independence. The prime minister,

UK is confusing the EU over Brexit, says Corbyn after meeting Barnier

Labour leader says he told chief EU negotiator step-by-step how he would reboot talks as PM in 80-minute meetingEuropean leaders are bemused and confused by Britains attitude towards the Brexit negotiations, according to Jeremy Corbyn, who met Michel Barnier and three continental prime ministers on his visit to Brussels. The

I Think We Got Away With It: Listen to HSBC Trader Phone Calls

Here’s the challenge for U.S. prosecutors: convince a jury former HSBC currency trader Mark Johnson is guilty of front-running a $3.5 billion client order. Their strongest evidence is HSBC’s audio recordings of the phone calls between Johnson, the bank’s former global head of foreign exchange, and traders in London and New

Czechs tipped to join populist surge in Europe by electing billionaire

Party of Andrej Babi, countrys second-richest man, is favourite to win election despite fraud charges and democracy fearsCzech Republic is poised to join Europes lurch towards anti-establishment populism by electing as its prime minister a controversial billionaire who faces criminal fraud charges and accusations of communist-era secret police links. Andrej

World’s deepest lake crippled by putrid algae, poaching and pollution

Lake Baikal in Siberia holds one fifth of the worlds unfrozen fresh water, but its precious fish stocks are disappearingLake Baikal is undergoing its gravest crisis in recent history, experts say, as the government bans the catching of a signature fish that has lived in the worlds deepest lake for

Brexit talks: UK must prepare to leave without deal, say ex-ministers

Conservatives write to Theresa May urging her to walk away from talks if EU27 continue refusing to discuss future tradeThe UK will inevitably leave the EU without a deal and businesses should start preparing for trade on World Trade Organisation terms, the former cabinet minister Owen Paterson has said. Paterson,

Heres How a No-Deal Brexit Could Create Chaos in Your Daily Life

The U.K. government has stepped up its rhetoric about the chances that Britain could crash out of the European Union without any agreement to bring order to the divorce. If the two sides can’t reach a deal, companies will suddenly find themselves outside the rules, regulations and free-trading arrangements that they

Airbus Boss Nails Bombardier Timing

Just as he was being lampooned in Bild Zeitung’s dreaded “Loser-of-the-Day” column, Tom Enders proved his impeccable timing: Within hours, the Airbus chief had blindsided rival Boeing Co., expanded a strong U.S. beachhead, and won control of the most advanced single-aisle jet on the market—all without spending a penny.In the

Airbus to Buy Majority Stake in Bombardier C Series Jet Program

Bombardier Inc.’s C Series jetliner program, breathing new life into a slow-selling plane and opening a new front in the battle with United Technologies Corp. After the transaction, which is expected to be completed in the second half of next year, the Canadian planemaker will own about 31 percent of