Airbus CEO warns it could move in event of no-deal Brexit

Airbus blasts London over Brexit uncertainty Airbus chief Tom Enders on Thursday warned the European aerospace giant could make "very harmful decisions" for Britain if it leaves the European Union without a deal, while Ford said it could cost them US$800 million.

Labour's shadow chancellor John McDonnell called for Mr Hammond to come off the fence and tell the prime minister to rule out a no deal Brexit.

The Dutch government revealed Wednesday that officials are in contact with more than 250 companies about a possible post-Brexit move.

Opponents of the backstop don't believe assurances that it will be be a temporary measure used as a last resort if no future trade deal is agreed with the EU.

The Bank of England has said that in a worst-case scenario, a sudden Brexit with no deal on future relations could trigger a recession, with Britain's economy shrinking 8 per cent within months as unemployment and inflation soar.

He and Hammond are meeting their global counterparts in the hope of reaching further agreements, while other ministers are lobbying to show there is "more to the United Kingdom than Brexit". "But leaving without a deal would undermine our future prosperity and would equally represent a betrayal of the promises that were made".

"In order to honour our commitment to the people of Ireland that there be no hard border, we would have to agree on full alignment on customs and regulations, so after a period of chaos we would perhaps end up where we are now, with a very similar deal", he said at the World Economic Forum on Thursday, according to broadcaster RTE. But she has shown little willingness to make changes to her Brexit plan.

On Tuesday night, Mr Varadkar acknowledged a no-deal scenario would be a "real dilemma".

"The Prime Minister should do the right thing and take no-deal off the table so that genuine dialogue can take place", she said.

Meanwhile, a cross-party group of MPs led by Labour MP Yvette Cooper are preparing to add an amendment to the "plan B" Brexit approach, to be debated in the House of Commons next week, in an attempt to block a no-deal Brexit.

But some in the European Union were "looking at what they can do" to change it to get the deal through the UK Parliament.

"The BSG insists that, without such an "all-weather" backstop-insurance, the European Parliament will not give its consent to the withdrawal agreement", said a statement on the parliament's website. But even so, if price pivots back towards the 200-day MA and broken trendline resistance, I would expect dip buying near those levels as buyers are looking increasingly confident that the Brexit outcomes are going to be more pound-positive.

He added: "And that's not something that we could accept".

Brexit Minister Chris Heaton-Harris said: "It does beg the reply that why on earth is he not then backing the deal that delivers the certainty all of those businesses he named have asked for?"

The leading Brexiteer framed the Davos talks as a drive to "get deals over the line" ahead of March 29 and pointed to a report launched by consultant Deloitte confirming the UK's status as Europe's "leading destination for foreign direct investment" from 2015-17.

(Copyright © 2015. All Rights Reserved.)

Pacers star Victor Oladipo injured, stretchered off the floor vs. Raptors
Asked after Wednesday's game if he thought Oladipo's injury was "serious", Pacers Coach Nate McMillan replied, "I think so". IN entered play on Wednesday 31-15 and third in the Eastern Conference standings.

Raptors' Leonard voted starter for National Basketball Association all-star game
All-Star Game reserves, selected by National Basketball Association head coaches, will be revealed Thursday, Jan. 31 , on TNT . Dwyane Wade, who is playing in his final season in the National Basketball Association , is in a similar situation like Rose.

10-Year-Old ‘Proves’ Tom Brady Is A Cheater, Wins Science Fair
As it turns out, not only did Ace enter the project in the science fair, he actually won the science fair. On his poster, he included the results of experiments he did with his mom and sister.

Microsoft ends Windows 7 support, What does this mean?
There was a time when Windows Mobile was a popular choice for many organizations due to the platform's enterprise capabilities. Most of these devices are regular low to mid-end laptops, though there is a big highlight: the new Microsoft Classroom Pen.

Frenkie de Jong: Barcelona to sign £65m Ajax and Netherlands midfielder
President Josep Maria Bartomeu, general manager Pep Segura and CEO, Òscar Grau were in Amsterdam on Wednesday to close the deal. Barcelona announced Wedenesday that it added midfielder Frenkie de Jong , who will be joining the fold in the summer.

Duchess of Cambridge: "Motherhood is a struggle for everyone"
One of the members of her steering group is the Chief Executive of Family Action, David Holmes, who hosted Her Royal Highness during her visit yesterday.

FAA Temporarily Halts Some Flights into LaGuardia, Citing Shutdown, Staff Shortages
As it has for several days, TSA added that many screeners say they can't report to work because of financial strain. EST: The FAA will allow flights into New York City's LaGuardia Airport after issuing a halt earlier Friday morning.

Sexy vivo Apex 2019 unveiled with no buttons, all screen fingerprint sensor
As per previous leaks, the Vivo Apex 2019 will reportedly pack a liquid-metal chassis with rounded corners and curved back. Under the hood, Vivo Apex 2019 concept smartphone is a beast.

Yankees send Sonny Gray to Reds
While Gray comes in as a troubled pitcher to a hitter-friendly ballpark, he joins a young staff looking to make some waves. He may be a good fit for the Reds, though, as Cincinnati is hopeful to turn in something better than 2018's 67-95 season.

Kylie Jenner Continues To Spark Marriage Rumours With Travis Scott
It all started when a fan responded to one of her tweets announcing that something "exciting" was coming soon. She really loves what she does and also loves that she can still be so hands-on with Stormi .

Djokovic faces practice pal Pouille for place in final
Eurosport presenter Matt Smith posed the question whether we could see a fifth-set super tie-break come into place in the final. But doing three hours, four hours, I imagine could be hard because we didn't even play for two hours'.

Jay-Z and Meek Mill pledge $50m to free prisoners
He made it clear that RA plans to completely reinvent the wheel of criminal justice reform, not just hire lawyers and serve as a bank.

Missing NC 3-year-old Casey Hathaway found alive, sheriff says
Hundreds of people volunteered to help find Casey on Wednesday but were sent home in the evening for their safety. Casey Hathaway has been found safe, according to Craven County Sheriff's Office .

Classic Low Poly DLC Is Headed To Resident Evil 2 Remake
Resident Evil for the Nintendo Switch does not now have a release date. New enemies specifically created for this mode will also appear.

Rumour: Netflix Is Reportedly Working On A Resident Evil Television Series
Netflix is teaming up with German production company Constantin Film to develop a live-action Resident Evil TV series. Deadline indicates that the studio is now searching for a showrunner to bring the series to fruition.

More News

More News