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Castore Nears £1 Billion Valuation After Cash Injection By Raine
Castore Nears £1 Billion Valuation After Cash Injection By Raine
British premium sportswear brand Castore has secured a £145 million ($184 million) cash injection led by US investment
2023-11-30 01:24
French justice minister not guilty in conflict of interest trial - tribunal
French justice minister not guilty in conflict of interest trial - tribunal
By Juliette Jabkhiro PARIS A special tribunal on Wednesday ruled that French Justice Minister Eric Dupond-Moretti did not
2023-11-29 23:23
David Cameron wants post-Brexit Gibraltar deal with Spain ‘as soon as possible’
David Cameron wants post-Brexit Gibraltar deal with Spain ‘as soon as possible’
The UK and Spain are close to agreeing a deal on the post-Brexit status of Gibraltar, the Spanish foreign minister has indicated. A spokesperson for the Foreign Office said Lord Cameron had underlined the UK’s desire to get “a UK-EU treaty on Gibraltar as soon as possible” during his discussion with counterpart Jose Manuel Albares. Mr Albares first revealed he had been in crunch talks with Rishi Sunak’s new foreign secretary David Cameron on resolving the long-running row over trade and immigration arrangements. He told Spanish media that he had spoken with Lord Cameron over the phone on Monday, and they had also agreed to meet in person during a Brussels summit on Tuesday. The Spanish minister suggested the outline of a deal was now in place for a “zone of shared prosperity” in the Spanish area next to the British territory to avoid a hard border on the flow of people and goods. “I would sign a deal with Britain over Gibraltar tomorrow,” Mr Albares told the television channel Telecinco – saying both sides “agree that we have to move forward as soon as possible”. A UK-EU deal on arrangements for Gibraltar’s border – primarily on trade and free movement – was not struck in time for the Brexit deal worked out by Boris Johnson’s government. Conservative ministers have been nervous about signing any bilateral deal that could be viewed as reducing British influence over the territory. The Spanish foreign ministry has said the deal would allow Spain to use the Schengen agreement – which allows for the free movement of EU citizens around the bloc – to ease controls on the movement of people. Spain, the UK and the EU have previously agreed to the principle that Gibraltar should remain part of EU agreements on free movement. Mr Albares suggested the UK was also now keen on a frictionless border when it comes to the movement of goods – something akin to the thorny arrangements for Northern Ireland His ministry said a “zone of shared prosperity” deal would see limited checks “without increasing the risks for the EU internal market” – meaning the UK would have to agree to alignment on Brussels regulations. The Spanish foreign minister told reporters in Brussels: “I think this deal … is better for everyone than the application of European legislation after British citizens democratically decided to leave the European Union.” “There’s already been political will on the part of the Spanish government for many months,” Mr Albares said on the “generous and balanced deal on the table”. He added: “What’s needed now is that political will on the part of the United Kingdom to move forward decisively, which is what I’ve seen so far. But we won’t know until the end. Nothing will be agreed until it’s all agreed.” Despite optimism that a deal is now close, there was no word from Lord Cameron’s team on the prospects of an agreement being signed within days. Britain’s decision to leave the EU was very unpopular in the British overseas territory, where thousands of people cross the border with Spain every day for work. Just over 95 per cent of the territory’s population voted to stay in the EU in the 2016 referendum. The territory’s business leaders have been keen for a deal to be struck. Brian Reyes, editor of the Gibraltar Chronicle wrote: “Seven years on [from the Brexit referendum], the Brexit levanter still hangs over our heads.” Meanwhile, Lord Cameron is expected to try to meet EU Commission vice-president Maros Sefcovic during his Brussels summit visit – his first trip to the EU capital since his fateful Brexit referendum. The foreign secretary is reportedly ready to raise the issue of post-Brexit tariffs set to be imposed on the automobile industry into force in January if he meets Mr Sefcovic this week. Mr Sunak’s government is pushing the EU Commission to agree to delay the costly new “rules of origin” set to damage the electric vehicle (EV) market due to come in at the start of 2024 as part of Mr Johnson’s trade deal. The Independent has contacted Lord Cameron’s team and the Foreign Commonwealth and Development Office (FCDO) for comment. Read More ‘History and justice’ on side of Greek claim to Elgin Marbles, says minister Brexit red tape risks extending inflation crisis, retailers warn ‘Terrible legacy’ left by death of Bloody Sunday Parachute Regiment commander Hamas to release more hostages as thousands set for Gaza ceasefire march Lord Cameron says UK needs to engage with China Israeli safety depends on long-term Palestinian ‘security’, warns Cameron
2023-11-29 18:59
Binance’s Reboot Faces Test in Thailand After $4.3 Billion US Fine
Binance’s Reboot Faces Test in Thailand After $4.3 Billion US Fine
Binance Holdings Ltd.’s attempt to turn the page on costly regulatory violations faces a test in Thailand, where
2023-11-29 17:54
New Zealand to introduce RBNZ reforms, lift cigarette sale ban
New Zealand to introduce RBNZ reforms, lift cigarette sale ban
SYDNEY New Zealand's new government will introduce legislation to reform the Reserve Bank of New Zealand's mandate and
2023-11-29 11:46
House Prepares to Drop China Investment Curbs From Defense Bill
House Prepares to Drop China Investment Curbs From Defense Bill
Congressional negotiators on Tuesday were poised to abandon plans to use the annual defense policy bill to tighten
2023-11-29 11:24
A Master of One-Liners: Munger on Politics, Life and Crypto
A Master of One-Liners: Munger on Politics, Life and Crypto
The thing many Berkshire Hathaway Inc. investors may have enjoyed almost as much as the 3,800,000% return Charlie
2023-11-29 09:50
Apple Offers Exit Ramp to Goldman for Troubled Card Accord
Apple Offers Exit Ramp to Goldman for Troubled Card Accord
Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a
2023-11-29 08:45
Chinese-Style Quantitative Easing Emerges as Property Fix Option
Chinese-Style Quantitative Easing Emerges as Property Fix Option
China’s deepening property rout is pushing the nation’s central bank toward a style of policy it has long
2023-11-29 07:18
Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99
Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99
Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed
2023-11-29 05:18
Bitcoin Retakes $38,000 While Rate Cut Expectations Increase
Bitcoin Retakes $38,000 While Rate Cut Expectations Increase
Bitcoin climbed back above $38,000 on Tuesday amid optimism the US central bank may be closer to lowering
2023-11-29 04:49
Ecuador VP says she will go to Israel amid spat with president
Ecuador VP says she will go to Israel amid spat with president
By Alexandra Valencia QUITO Ecuador's Vice President Veronica Abad said on Tuesday she will travel to Israel to
2023-11-29 01:22
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