UK firms likely to cancel investments after a no-deal Brexit: BoE"s Broadbent

British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England Deputy Governor Ben Broadbent said on Monday......»»

Energy investor EnCap Investments pulled off a rarity in the U.S. shale business earlier this month, the $2.5 billion sale of oil producer Felix Energy to rival WPX Energy Inc, striking a deal at a time when energy mergers have all but dried up......»»

There are ways to limit the impact of the U.K. crashing out of the EU, but investors are still betting on pain for domestically-focused companies......»»

The Latest on Britain's exit from the European Union (all times local): 11:35 a.m......»»

Ford warned Tuesday that it will reconsider its investments in Britain if the country cannot work out a deal to leave the European Union that guarantees smooth trading with the bloc......»»

Northern Ireland businesses urged British lawmakers on Sunday to seek a compromise over the country's departure from the European Union and avoid the economic and social risks the province faces in crashing out of the bloc without a deal......»»

The threat of a 'no deal' Brexit looms for British and French firms, with industry heads from French dairy calling on their government to waive adminstrative barriers in the event of a disorderly British exit from the EU. Francis Maguire reports......»»

British companies trading with the European Union will face a tangle of red tape and possible delays at the border if the government fails to negotiate an exit deal before Britain leaves the bloc, official papers showed on Thursday......»»

Britain on Thursday set out a series of notes detailing what could happen if it fails to reach a Brexit deal with the European Union, acknowledging that firms would face a tangle of red tape and possible delays at the border......»»

Equivalence won’t stop the need for big finance firms to set up shop across the channel. Nor will it satisfy the “Singapore-on-Thames” crowd......»»

With Prime Minister Theresa May’s government in turmoil over the terms of a Brexit pact, the prospect of “no deal” is getting real—spooking firms big and small, including some far from Britain’s shores......»»

Companies have begun triggering plans to keep operating if Britain leaves the European Union without an agreement, .....»»

The governor of the Bank of England says most British businesses aren't ready for a no-deal departure from the European Union......»»

British Prime Minister Theresa May’s failure to get approval for a deal to split the country from the EU adds significant pressure on companies as they plan for the now greater possibility of an abrupt and disorderly exit......»»

With Brexit less than two months away, and no divorce deal in sight, some German companies are taking matters into their own hands to limit any damage to their businesses......»»

A merger between the Atlanta- and Dallas-based firms would create one of the 30 highest-grossing U.S. law firms......»»

Dell Technologies Inc. struck a deal to sell its Boomi cloud business to private-equity firms Francisco Partners and TPG, part of a larger reordering of the PC and data-storage giant......»»

Dell Technologies Inc., is close to a deal to sell its Boomi cloud business to private-equity firms Francisco Partners and TPG, according to people familiar with the matter, part of a larger reordering of the PC and data-storage giant’s business......»»

European Parliament Approves Post-Brexit Trade Deal With Britain Authored by Alexander Zhang via The Epoch Times, The European Parliament announced on Wednesday that E.....»»

Just 14.4% of the money venture firms invested in startups in last year went to companies with at least one female founder, according to a new report. That proportion was down from 16.9% in 2019......»»