Latest Pound sterling News

World stocks rise ahead of vote to push Brexit back

Mar. 14, 2019 9:07 AM EDT

LONDON (AP) — Global stock markets pushed higher on Thursday as traders awaited a vote that could delay Britain's March 29 exit from the European Union. In Europe, Britain's FTSE 100 added 0.5 percent to 7,195 and France's CAC 40 advanced 0.7 percent to 5,341. Germany's was 0.4 percent higher at 11,61....

European markets push ahead of another day of UK drama

Mar. 13, 2019 8:32 AM EDT

LONDON (AP) — European stock markets rose modestly Wednesday ahead of another day of high political drama in Britain following the latest heavy defeat of Prime Minister Theresa May's Brexit deal in Parliament. In Europe, the FTSE 100 index of leading British shares was up 0.3 percent at 7,170 while the CAC...

Global stocks dip, pound drops ahead of Brexit vote

Mar. 12, 2019 7:43 AM EDT

BEIJING (AP) — Global stocks turned lower Tuesday and the British pound dropped as expectations grew that British lawmakers would reject a plan to leave the European Union. In midday trading, France's CAC 40 shed 0.3 percent to 5,254 while Germany's DAX lost its gains to trade flat at 11,518. London's FTSE...

World shares mostly higher as China-US trade talks drag on

Mar. 11, 2019 8:19 AM EDT

BANGKOK (AP) — Shares were mostly higher in Europe on Monday, tracking gains in Asia as investors awaited further developments in trade talks between the U.S. and China. Boeing shares were predicted to fall at the open on Wall Street after the crash Sunday of a 737 Max 8 plane in Ethiopia that killed all...

World stocks edge lower on growth concerns, Brexit

Mar. 6, 2019 7:14 AM EST

BANGKOK (AP) — World stock markets mostly turned lower on Wednesday on concerns for global growth and after another round of talks on Britain's exit from the European Union proved inconclusive. Germany's DAX fell 0.2 percent to 11,594 while the CAC40 in France declined 0.1 percent, to 5,290 after the OECD,...

Global shares trend lower as world eyes Trump-Kim summit

Feb. 27, 2019 7:10 AM EST

TOKYO (AP) — Global shares were mostly lower in muted trading Wednesday as investors awaited the outcome of a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Vietnam. France's CAC 40 was down 0.2 percent in midday trading at 5,228, while Germany's DAX fell 0.5 percent to...

The Latest: UK says businesses not ready for no-deal Brexit

Feb. 26, 2019 1:49 PM EST

LONDON (AP) — The Latest on Britain's negotiations to leave the European Union (all times local): 6:15 p.m. The British government says most businesses have not adequately prepared for the possibility of the country leaving the European Union without a divorce agreement. The Department for Exiting the...

Pound jumps as economic risk to UK of 'no-deal' Brexit eases

Feb. 26, 2019 12:17 PM EST

LONDON (AP) — The prospect of Britain suffering an economic shock next month eased Tuesday after the British government paved the way for a delay in the country's departure day. Confirmation that the government is mulling a Brexit delay turbo-charged the pound, which posted one of its biggest gains since...

Stocks fall back as investors await news from US-China talks

Feb. 26, 2019 7:39 AM EST

BANGKOK (AP) — World shares fell and Wall Street was set to open lower Tuesday as investors awaited news from the talks between the U.S. and China on their ongoing trade war. Britain's FTSE 100 lost 0.8 percent to 7,102 in midday trading as the pound rose on hopes for a delay to Brexit or even a second...

China-US tariff concerns stalk markets once again

Feb. 8, 2019 7:37 AM EST

SINGAPORE (AP) — Global stock markets drifted lower Friday after President Donald Trump said he doesn't plan to meet Chinese leader Xi Jinping before their truce on raising tariffs in a festering trade dispute ends in early March. In Europe, France's CAC 40 fell 0.2 percent to 4,974 while the DAX in...