Momentum gathers behind British lawmakers' bid to stop no-deal Brexit

An attempt by British lawmakers to prevent a no-deal Brexit was gaining momentum on Wednesday after the opposition Labour Party said it was highly likely to throw its parliamentary weight behind the bid.

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Posted on Wed, 23 Jan 2019 09:32:59 -0500

EU's Barnier says no-deal Brexit is default scenario

European Union's Brexit negotiator Michel Barnier said on Wednesday that no-deal Brexit was the default scenario and the fact that majority of the House of Commons was against it would not prevent it from happening.

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Posted on Wed, 23 Jan 2019 09:32:59 -0500

Second U.S.-North Korea summit needs to deliver 'concrete results,' South Korea says

The second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un being planned for late February "will have to deliver concrete results on denuclearization," South Korea's top diplomat said on Wednesday.

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Posted on Wed, 23 Jan 2019 09:23:57 -0500

Senate sets votes but U.S. shutdown likely to go on

There was no sign of relief on Wednesday for 800,000 federal workers going without pay because of the partial government shutdown as the U.S. Senate scheduled votes on competing proposals facing steep odds to end the month-long impasse triggered by President Trump's demand for border wall funding.

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Posted on Wed, 23 Jan 2019 09:19:52 -0500

Hopes fade for soccer star Sala as rescuers scour seas

Hopes of finding soccer star Emiliano Sala alive were fading on Wednesday, as a recording emerged of a fearful voice message he apparently sent from his stricken plane before it disappeared over the English Channel.

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Posted on Wed, 23 Jan 2019 09:16:37 -0500

Malta to offer Britons renewable 10-year residency permits

Malta will offer Britons living in Malta a 10-year residency permit with the same rights as they currently enjoy if Britain quits the European Union without any agreement, Maltese Prime Minister Joseph Muscat said on Wednesday.

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Posted on Wed, 23 Jan 2019 09:01:59 -0500

EU readies support for fishermen if hit by no-deal Brexit

The EU's executive proposed contingency plans on Wednesday for fishing in the event of a no-deal Brexit, suggesting EU fishermen could be compensated if barred from Britain, and British boats could fish in EU waters for the rest of this year.

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Posted on Wed, 23 Jan 2019 08:44:00 -0500

Irish government under pressure at home over no-deal Brexit border plans

Ireland's government came under further pressure on Wednesday to explain how its border with British-run Northern Ireland would be managed if Britain leaves the European Union without a withdrawal agreement in March.

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Posted on Wed, 23 Jan 2019 08:43:23 -0500

Stocks reverse losses in fragile rebound; U.S. dollar falls

Global markets recovered from earlier losses on Wednesday as investors made a cautious return to riskier assets, with U.S. futures and European stocks higher even as worries about corporate and economic growth lingered.

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Posted on Wed, 23 Jan 2019 08:36:02 -0500

Iowa's 'fetal heartbeat' abortion ban ruled unconstitutional

Iowa's "fetal heartbeat" law, the most restrictive abortion ban in the United States, was declared unconstitutional Tuesday, as it violates the Iowa state constitution, a state judge ruled.

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Posted on Wed, 23 Jan 2019 08:35:12 -0500

Oil prices up 1 percent on supply outlook

Oil prices rose about 1 percent on Wednesday as U.S. crude stocks fell and official data indicated slowing growth in U.S. shale oil output in the coming years.

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Posted on Wed, 23 Jan 2019 08:00:57 -0500

BOJ maintains massive stimulus as Kuroda warns of growing risks

The Bank of Japan cut its inflation forecasts on Wednesday but maintained its massive stimulus program, with Governor Haruhiko Kuroda warning of growing risks to the economy from trade protectionism and faltering global demand.

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Posted on Wed, 23 Jan 2019 07:44:02 -0500

Merkel, Barnier to discuss Brexit deadlock

Chancellor Angela Merkel will hold talks with the EU's Michel Barnier in Berlin on Thursday, a German government spokeswoman said, adding that a postponement of Brexit could be discussed only if Britain wanted to delay its exit from the bloc.

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Posted on Wed, 23 Jan 2019 07:30:06 -0500

UK PM May: attempts to delay Brexit do not solve the issue

British Prime Minister Theresa May said attempts by some lawmakers to use parliamentary procedure to delay Brexit did not address the underlying decision about how Britain should leave the European Union.

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Posted on Wed, 23 Jan 2019 07:27:54 -0500

Europe's Arianespace takes on SpaceX by cutting Ariane 5 rocket launch price

Europe's Arianespace is discounting the price of satellite launches with its Ariane 5 rockets as it competes against U.S. rival SpaceX for customers before the release of the cheaper Ariane 6 rocket next year, a senior executive said on Wednesday.

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Posted on Wed, 23 Jan 2019 07:20:54 -0500

Highlights: Australian Open day 10

Serena Williams blew a 5-1 final set lead against seventh seed Karolina Pliskova in the quarter-finals of the Australian Open on Wednesday, squandering four match points as she was beaten 6-4 4-6 7-5.

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Posted on Wed, 23 Jan 2019 07:17:30 -0500

Plucky Pliskova stuns Serena with epic Australian Open fightback

Serena Williams squandered four match points and blew a 5-1 lead in the deciding set as seventh seed Karolina Pliskova produced a fightback for the ages to claim a 6-4 4-6 7-5 quarter-final win over the American great at the Australian Open on Wednesday.

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Posted on Wed, 23 Jan 2019 07:17:20 -0500

Backstop is a red line that can't be negotiated with UK government: Timmermans

The EU cannot renegotiate the backstop agreement in the Brexit deal with the U.K. government, Commission First Vice President Frans Timmermans said at an event in Krakow, Poland.

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Posted on Wed, 23 Jan 2019 07:14:07 -0500

EU will do all it can to avoid hard Irish border after Brexit: Commission

The European Union's executive said on Wednesday the bloc would do its utmost to avoid extensive border controls between EU member state Ireland and Britain's province of Northern Ireland regardless of how Brexit goes, a spokesman said.

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Posted on Wed, 23 Jan 2019 06:54:56 -0500

PG&E expects capital spending of about $6.6 billion in 2019

U.S. power company PG&E Corp said http://bit.ly/2T5NcbG on Wednesday it expected capital expenses of about $6.6 billion in 2019 and $6.9 billion in 2020.

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Posted on Wed, 23 Jan 2019 06:51:01 -0500