Brexit Deal News

The UK finally leaves the EU's orbit on Dec. 31 when a transition period of informal membership ends, though both sides are rushing to hash out a deal that will govern nearly $1 trillion in trade

The two chief negotiators, Barnier and Britain's David Frost, say they are inching towards a deal, though they have underscored that important gaps remain on fishing, level playing field issues and governance

The news brings a huge relief for investors when investors were fearful of a “no-deal Brexit”Tata Motors’ has hit a hard patch in both domestic and international markets

Sterling may get a temporary reprieve from the Brexit frenzy if the EU grants the UK’s request for a further extension next weekThe EU is set to hold an emergency meeting on Wednesday to decide on granting the UK a second Brexit extension

Theresa May's deal means Britain will leave the EU single market and customs union as well as EU political bodiesThe government is expected to bring the Brexit deal back to parliament for a third vote on Friday

Earlier, May said a so-called "meaningful vote" would not take place this week as expectedBritish parliament voted 432-202 against May's deal in January, a defeat by the biggest margin in modern history

British Prime Minister Theresa May has urged the Jeremy Corbyn-led opposition in the UK parliament to discuss ways to avoid a 'no deal' exit from the European Union

So, should the UK walk out of EU without a Brexit deal? The responsible thing is to go back to the voters and seek another referendum

UK PM Theresa May has fought off the threat of an immediate national election and won the right to continue running the country when the House of Commons voted 325 to 306 against a motion of 'no confidence' in her administration

Opposition Labour Party leader Jeremy Corbyn responded with a no-confidence motion, and urged the government to do the right thing and resign