UK firms likely to scrap planned investment on a no-deal Brexit: BoE"s Broadbent

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

The deal will eliminate the need for $1 billion in equity sales Duke had planned in $500 million installments this year and in 2021. It will also provide capital that allows it to increase its five-year capital investment plan to as much as $60 billion......»»

NCR Corp. is nearing a deal to buy Cardtronics PLC after outbidding a pair of investment firms that had earlier agreed to buy the ATM operator......»»

Reuters Business leaders urge Boris Johnson to scrap his threa.....»»

Maryland-based CGA Capital has partnered with Childress Klein to buy Duke Energy's Charlotte Metro Tower, currently under construction in uptown Charlotte. Once the project is complete, the two firms will pay as much as $675 million in the planned sale-a.....»»

Associated Press/Charlie Neibergall Donald Trump has offered to slash planned tariffs and cut existing duties as part of a preliminary trade deal with China, according to the Wa.....»»

Stocks rose and the pound gained on Friday as the prospect of a China-U.S. trade deal and an election victory for Britain's Brexit-backing Conservative Party cleared two of the darkest clouds on the global investment horizon......»»

U.S. investment bank Citi said the Brexit proposals of British Prime Minister Boris Johnson appeared to fall foul of European Union red lines so an extension and election were likely......»»

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 initial reviews are negative on the planned $1.4 billion sale of Gannett Co. Inc. to New Media Investment Group — as are the companies’ stock prices — with the New York Post reporting the deal “could be derailed.” The Post reported .....»»

Some trading and investment firms are calling for competition regulators to scrutinize London Stock Exchange's proposed $27 billion takeover of financial information provider Refinitiv to prevent further market data price hikes......»»

Investment in Britain's car sector fell by more than 70 percent in the first half of the year due to concerns about a disorderly Brexit, an industry body said on Wednesday. David Pollard reports......»»

Investment firm Cat Rock on Monday lauded Amsterdam-based Takeaway.com's deal to buy Just Eat in an 8.2 billion pound ($10.05 billion) deal to create one of the world's largest online food delivery firms......»»

British Prime Minister Theresa May is under pressure to scrap a planned vote on her Brexit blueprint, after her attempt at compromise got the thumbs-down from her own party and the opposition......»»

A Chinese-Taiwanese group is delaying an up to 80 billion yen ($729.33 million) investment planned as part of a rescue deal for Apple Inc supplier Japan Display as it wants to reassess the target's prospects, the Japanese firm said......»»

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

JPMorgan Chase & Co. is pushing about 300 London-based investment banking staff to sign fresh contracts confirming they’ll leave the U.K. in the event of a no-deal Brexit, people familiar with the... To view the full story, click the title link......»»

Hundreds of bankers may leave the U.K. in the event of a no-deal Brexit. This affects JPMorgan Chase & Co., one of the largest U.S.-based banks. The Jamie Dimon-led financial advisor is pushing about 300 of its London-based investment banking st.....»»

British companies look set to cut investment by the most in 10 years in 2019 because of Brexit, even if Prime Minister Theresa May gets a deal to ease the country out of the bloc, an employers group said on Monday......»»

British lawmakers have resoundingly rejected Prime Minister Theresa May's Brexit divorce deal for a second time, leaving the country's planned March 29 departure from the bloc in chaos and doubt......»»