UK requests short extension on Brexit, what happens next?

Several EU leaders on Wednesday expressed their willingness to support an extension. Speaking to Deutschlandfunk radio, he said, “When it comes to Brexit we’re in God’s hands. He reiterated that the EU won’t renegotiate the Brexit deal. Frustration and disbelief at the uncertainty surrounding Brexit is not confined to the EU alone. Those closely following the latest twist in the long-running Brexit drama say it has reached tragic proportions.


Several EU leaders on Wednesday expressed their willingness to support an extension. Speaking to Deutschlandfunk radio, he said, “When it comes to Brexit we’re in God’s hands. He reiterated that the EU won’t renegotiate the Brexit deal. Frustration and disbelief at the uncertainty surrounding Brexit is not confined to the EU alone. Those closely following the latest twist in the long-running Brexit drama say it has reached tragic proportions.
UK requests short extension on Brexit, what happens next? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: holly ellyatt, thomas niedermueller, getty images news, getty images
Keywords: news, cnbc, companies, deal, short, extension, frustration, comes, control, letter, uk, happens, brexit, eu, requests, leaders, drama


UK requests short extension on Brexit, what happens next?

The letter to Brussels comes ahead of a crucial EU summit on Thursday where the bloc’s 27 leaders are expected to discuss the U.K.’s request. They all need to agree for an extension to be granted. Several EU leaders on Wednesday expressed their willingness to support an extension.

There is palpable frustration in Europe at Britain’s lack of clarity over Brexit, however. European Commission President Jean-Claude Juncker said Wednesday morning that it is “highly probable” that Britain will not leave the EU on March 29 and showed his frustration at the proceedings.

Speaking to Deutschlandfunk radio, he said, “When it comes to Brexit we’re in God’s hands. But even God has a limit to his patience.” He reiterated that the EU won’t renegotiate the Brexit deal.

In her letter to the EU Wednesday, U.K. Prime Minister Theresa May said she intended to bring her Brexit deal back to Parliament next week despite the Speaker of the House John Bercow, ruling Tuesday that the deal would have to be substantially changed in order for her to be able to put it to MPs for a third time. The government could now look for ways around that decision. It hopes that Brexiteers will be encouraged to vote for the deal this time if faced with a potentially long delay.

Frustration and disbelief at the uncertainty surrounding Brexit is not confined to the EU alone. Those closely following the latest twist in the long-running Brexit drama say it has reached tragic proportions.

“Even Shakespeare could not have imagined a bigger drama,” Holger Schmieding, chief economist at Berenberg Bank said in a note Wednesday, adding that U.K. Brexiteers had once set out to “regain control” but had instead given the EU more leverage to control what happens next.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: holly ellyatt, thomas niedermueller, getty images news, getty images
Keywords: news, cnbc, companies, deal, short, extension, frustration, comes, control, letter, uk, happens, brexit, eu, requests, leaders, drama


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Here’s the one question to ask when investing in emerging markets

Emerging markets are getting energized this year. The VWO Vanguard FTSE emerging markets ETF and small cap-focused IEMG MSCI emerging markets ETF, which holds small caps, have had similar moves this year. Investors can play an even more bullish bet on the emerging markets by pairing a long position with a short position on the developed markets. The Direxion RWED emerging over developed markets ETF, for example, is 150 percent in emerging markets and 50 percent short the developed markets. Direx


Emerging markets are getting energized this year. The VWO Vanguard FTSE emerging markets ETF and small cap-focused IEMG MSCI emerging markets ETF, which holds small caps, have had similar moves this year. Investors can play an even more bullish bet on the emerging markets by pairing a long position with a short position on the developed markets. The Direxion RWED emerging over developed markets ETF, for example, is 150 percent in emerging markets and 50 percent short the developed markets. Direx
Here’s the one question to ask when investing in emerging markets Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: keris lahiff
Keywords: news, cnbc, companies, etf, exposure, investing, ask, emerging, play, china, eem, question, example, short, heres, markets, developed


Here's the one question to ask when investing in emerging markets

Emerging markets are getting energized this year.

The most well-known emerging markets exchange-traded fund, the EEM MSCI ETF, has rallied more than 11 percent in 2019, keeping it at the heels of the S&P 500’s nearly 13 percent gain. The VWO Vanguard FTSE emerging markets ETF and small cap-focused IEMG MSCI emerging markets ETF, which holds small caps, have had similar moves this year.

Tom Lydon, editor-in-chief of ETFTrends.com, said there’s is an important question to ask when deciding upon how to play the emerging market.

“Recently it’s been all about China and China does make up a big part of emerging markets today,” Lydon said on CNBC’s “ETF Edge” on Monday. “Do you want to play all emerging markets or do you want to be specific on China? There are a lot of varieties out there.”

The EEM ETF, for example, has 73 percent exposure to the Asia Pacific with 23 percent coming from Hong Kong, 10 percent from Taiwan, and 8 percent from China.

Lydon says a better way to gain exposure to the China space is the ASHR China A-shares ETF, a more-focused mainland China play. It has rallied more than 30 percent this year.

Todd Rosenbluth, director of ETF and mutual fund research at CFRA, says investors need to be aware of what is in their emerging markets ETF and whether they have enough, or any, exposure to their favored region.

“You really need to look under the hoods with ETFs, and emerging markets are a perfect example of that,” Rosenbluth said on “ETF Edge on Monday. “EEM, and a cheaper version IEMG, has South Korean exposure – it’s about 14 percent of the portfolio. VWO does not have that so it has more exposure to India, South Africa, other countries besides China.”

Investors can play an even more bullish bet on the emerging markets by pairing a long position with a short position on the developed markets. The Direxion RWED emerging over developed markets ETF, for example, is 150 percent in emerging markets and 50 percent short the developed markets.

“Investors can be tactical using ETFs whether they are focused only on emerging markets or if they want to do that relative to developed markets and these Direxion products are new but are very compelling to take a look at,” said Rosenbluth.

Direxion also has a long developed markets, short emerging markets play in the RWDE ETF. Both launched earlier this year.


Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: keris lahiff
Keywords: news, cnbc, companies, etf, exposure, investing, ask, emerging, play, china, eem, question, example, short, heres, markets, developed


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UK lawmakers to vote on Brexit delay as political crisis rumbles on

BNY’s Derrick: Every move in the pound for months has been tied directly to Brexit news 7 Hours Ago | 05:03The motion being put forward by the government states that if Parliament has approved a Brexit deal by March 20 then the government will seek to agree with the EU a short delay to Brexit ending on June 30. If Parliament has not approved a deal by March 20, then the U.K. would have to seek a longer delay, the government proposed. “It is highly likely that the European Council (head of EU nat


BNY’s Derrick: Every move in the pound for months has been tied directly to Brexit news 7 Hours Ago | 05:03The motion being put forward by the government states that if Parliament has approved a Brexit deal by March 20 then the government will seek to agree with the EU a short delay to Brexit ending on June 30. If Parliament has not approved a deal by March 20, then the U.K. would have to seek a longer delay, the government proposed. “It is highly likely that the European Council (head of EU nat
UK lawmakers to vote on Brexit delay as political crisis rumbles on Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: holly ellyatt, nurphoto, getty images
Keywords: news, cnbc, companies, political, rumbles, motion, uk, deal, delay, seek, require, short, parliament, lawmakers, crisis, brexit, agree, vote


UK lawmakers to vote on Brexit delay as political crisis rumbles on

BNY’s Derrick: Every move in the pound for months has been tied directly to Brexit news 7 Hours Ago | 05:03

The motion being put forward by the government states that if Parliament has approved a Brexit deal by March 20 then the government will seek to agree with the EU a short delay to Brexit ending on June 30.

If Parliament has not approved a deal by March 20, then the U.K. would have to seek a longer delay, the government proposed.

“It is highly likely that the European Council (head of EU nations) at its meeting the following day (Thursday next week) would require a clear purpose for any extension, not least to determine its length, and that any extension beyond 30 June 2019 would require the United Kingdom to hold European Parliament elections in May 2019,” the motion to be debated Thursday afternoon states.

The length of any delay is the key question for the U.K. and EU.

On Wednesday evening, May said there were now two choices — agree a deal and try to secure a short delay to Brexit (her preference) or fail to agree anything and face a much longer delay.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: holly ellyatt, nurphoto, getty images
Keywords: news, cnbc, companies, political, rumbles, motion, uk, deal, delay, seek, require, short, parliament, lawmakers, crisis, brexit, agree, vote


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LeBron James beats Michael Jordan’s NBA points but short on net worth

LeBron James passed basketball legend Michael Jordan to move into fourth place on the NBA career points-scoring list on Wednesday night. James personal achievement of 31 points for the Lakers’ on Wednesday wasn’t enough to prevent a 115-99 loss to the Denver Nuggets, but was more than consoled by bettering Jordan’s career points total of 32,292 points. “(I) wanted to be like MJ, wanted to shoot fadeaways like MJ, wanted to stick my tongue out on dunks like MJ, wanted to wear my sneakers like MJ.


LeBron James passed basketball legend Michael Jordan to move into fourth place on the NBA career points-scoring list on Wednesday night. James personal achievement of 31 points for the Lakers’ on Wednesday wasn’t enough to prevent a 115-99 loss to the Denver Nuggets, but was more than consoled by bettering Jordan’s career points total of 32,292 points. “(I) wanted to be like MJ, wanted to shoot fadeaways like MJ, wanted to stick my tongue out on dunks like MJ, wanted to wear my sneakers like MJ.
LeBron James beats Michael Jordan’s NBA points but short on net worth Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-07  Authors: adam reed, gary a vasquez, usa today sports, vince bucci, afp, getty images, anthony devlin, catherine steenkeste, andrew toth, filmmagic
Keywords: news, cnbc, companies, beats, mj, look, points, net, michael, lebron, total, nba, wanted, jordans, career, worth, needed, short, james


LeBron James beats Michael Jordan's NBA points but short on net worth

LeBron James passed basketball legend Michael Jordan to move into fourth place on the NBA career points-scoring list on Wednesday night.

His teammates congratulated him, a tribute video played, and at the next timeout James sat emotional and alone on the bench with his face covered by a towel.

“I don’t know, man, a lot of the stuff I’ve done in my career, this ranks right at the top,” the 34-year-old said after the game. “For a kid from Akron, Ohio, that needed inspiration, needed some type of positive influence, MJ was that guy for me.”

James personal achievement of 31 points for the Lakers’ on Wednesday wasn’t enough to prevent a 115-99 loss to the Denver Nuggets, but was more than consoled by bettering Jordan’s career points total of 32,292 points.

“(I) wanted to be like MJ, wanted to shoot fadeaways like MJ, wanted to stick my tongue out on dunks like MJ, wanted to wear my sneakers like MJ. I wanted kids to look up to me at some point like MJ,” said James after the game.

“It’s crazy, to be honest. It’s beyond crazy.”

According to Forbes at the end of 2018, James has a total net worth of $450 million, which is still some way short of Michael Jordan’s total net value of almost $2 billion, although some estimates put both men’s figure even higher.

CNBC takes a look at how the dollars stack up.


Company: cnbc, Activity: cnbc, Date: 2019-03-07  Authors: adam reed, gary a vasquez, usa today sports, vince bucci, afp, getty images, anthony devlin, catherine steenkeste, andrew toth, filmmagic
Keywords: news, cnbc, companies, beats, mj, look, points, net, michael, lebron, total, nba, wanted, jordans, career, worth, needed, short, james


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Your first trade for Tuesday, March 5

Karen Finerman was a buyer of Alphabet. Karen Finerman is long FB, GOOG, GOOGL spread calls. Karen Finerman is short KRE, TBT calls. Karen Finerman is long SPY puts. Brian Kelly is long Bitcoin, Litecoin and Ethereum, GLD, USO.


Karen Finerman was a buyer of Alphabet. Karen Finerman is long FB, GOOG, GOOGL spread calls. Karen Finerman is short KRE, TBT calls. Karen Finerman is long SPY puts. Brian Kelly is long Bitcoin, Litecoin and Ethereum, GLD, USO.
Your first trade for Tuesday, March 5 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: tyler bailey
Keywords: news, cnbc, companies, long, spy, tim, buyer, trade, karen, finerman, short, googl, bitcoin, fb


Your first trade for Tuesday, March 5

The “Fast Money” traders shared their first moves for the market open.

Tim Seymour was a buyer of General Motors.

Mark Tepper was a buyer of TJX Companies.

Karen Finerman was a buyer of Alphabet.

Brian Kelly was a buyer of the Long-Term Bond ETF.

Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, AMZA, ACB, APC, APH, BA, BABA, BAC, BIDU, BX, C, CCJ, CGC, CLF, CMG, CNTTF, CRON, CSCO, CWEB, DAL, DIS, DPZ, DVYE, EEM, EUFN, EWM, FB, FDX, FXI, GE, GILD, GM, GOOGL, GTII, GWPH, HAL, HK.APH, HYYDF, INTC, ITHUF, JD, KHRNF, KSHB, LEAF, MAT, MCD, MJNE, MO, MOS, MPEL, MPX, MRMD, NKE, OGI, ORGMF, OTC, PAK, PHM, PYPL, RH, RL, SBUX, SQ, STZ, T, TER, TIF, TGOD, TRSSF, TRST, TWTR, UA, UAL, VALE, VIAB, VOD, X, XRT, YNDX, 700. Tim is on the advisory board of Tikun Olam, TGOD, CCTV, Canndescent, and MJ Holdings. Tim is short IWM, RACE, SPY, TSLA. Tim’s firm is long CGC, HEXO, TLRY, CRON, APH. Karen Finerman’s firm is long ANTM, C, CBS, CPRI, FB, FDX, FL, FNAC, GOOG, GOOGL, GLNG, GMLP, JPM, LYV, SPY puts, SPY put spreads, TBT, URI, WIFI. Her firm is short IWM. Karen Finerman is long AAL, BAC, BOT Bitcoin, Bitcoin Cash, Ethereum, C, CAT, CBS, DAL, DVYE, DXJ, EEM, EPI, EWW, EWZ, DVYE, FB, FL, GM, GMLP, GLNG, GOOG, GOOGL, JPM, LOW, LYV, KFL, KORS, KORS calls, MA, MTW, PRCP, SEDG, SPY puts, TACO, WIFI, WFM. Karen Finerman is long FB, GOOG, GOOGL spread calls. Karen Finerman is short KRE, TBT calls. Karen Finerman is long SPY puts. Bitcoin and Ethereum are in her kids’ Trust. Brian Kelly is long Bitcoin, Litecoin and Ethereum, GLD, USO.


Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: tyler bailey
Keywords: news, cnbc, companies, long, spy, tim, buyer, trade, karen, finerman, short, googl, bitcoin, fb


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Hedge-fund manager Dan Niles says he went short Netflix

Dan Niles, founding partner at AlphaOne Capital Partners, just started shorting Netflix, he told CNBC on Tuesday. “Netflix was actually one of our best profit generators last year on the short side. A lot of this is timing … we weren’t short on Netflix on Dec. 24. “The problem this year is that you’ve got Apple coming into streaming and you’ve got other big players like Disney. Niles said he’s also shorting Apple and he holds long positions on Alibaba and Baidu.


Dan Niles, founding partner at AlphaOne Capital Partners, just started shorting Netflix, he told CNBC on Tuesday. “Netflix was actually one of our best profit generators last year on the short side. A lot of this is timing … we weren’t short on Netflix on Dec. 24. “The problem this year is that you’ve got Apple coming into streaming and you’ve got other big players like Disney. Niles said he’s also shorting Apple and he holds long positions on Alibaba and Baidu.
Hedge-fund manager Dan Niles says he went short Netflix Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: yun li
Keywords: news, cnbc, companies, niles, coming, youve, apple, hedgefund, market, rally, went, streaming, netflix, dan, manager, short, shorting


Hedge-fund manager Dan Niles says he went short Netflix

Dan Niles, founding partner at AlphaOne Capital Partners, just started shorting Netflix, he told CNBC on Tuesday.

“Netflix was actually one of our best profit generators last year on the short side. A lot of this is timing … we weren’t short on Netflix on Dec. 24. We just put this on very, very recently,” Niles said on “Squawk on the Street.”

Shares of the media-streaming giant have roared back more than 50 percent from their 52-week low, hit on Dec. 24, and have returned more than 31 percent year to date. But Netflix is faced with more competition this year as Comcast, Warner Bros., Apple and Disney are all slated to join the streaming war, Niles pointed out.

“The problem this year is that you’ve got Apple coming into streaming and you’ve got other big players like Disney. They are going to have a lot more competition, and don’t forget Netflix still burns $3 billion in cash flow every year. And you’ve got Comcast coming next year and WarnerMedia coming later this year,” Niles said.

The manager also revealed that he’s net short in his hedge fund, as he sees the market comeback overdone. That means he has more bets that stocks will fall than that they will rise.

“The market has clearly gone oversold. You look at some of the economic data still coming out. It’s not necessarily back bullish, so it doesn’t make sense for the market to rip up as much as it has,” he added.

The S&P 500’s monster rally has notched the best two-month start of a year since 1991, but many on Wall Street have said the rally is not fundamentally driven.

Niles said he’s also shorting Apple and he holds long positions on Alibaba and Baidu.

“Apple … we are back to being short that. We had actually gotten … long that, believe it or not, in early January for a bounce, which it did,” Niles said.


Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: yun li
Keywords: news, cnbc, companies, niles, coming, youve, apple, hedgefund, market, rally, went, streaming, netflix, dan, manager, short, shorting


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Trump-Kim summit was cut short after North Korea demanded an end to sanctions, Trump says

U.S. President Donald Trump said Thursday he cut short his nuclear summit with North Korean leader Kim Jong Un because the two sides could not agree on sanctions. “It wasn’t a good thing to be signing anything,” Trump said during a post-summit news conference. The president said he had not committed to a third summit with Kim. Still, Trump described the talks as “productive,” and highlighted his relationship with his North Korean counterpart — “I think we’ll end up being very good friends.” “Bas


U.S. President Donald Trump said Thursday he cut short his nuclear summit with North Korean leader Kim Jong Un because the two sides could not agree on sanctions. “It wasn’t a good thing to be signing anything,” Trump said during a post-summit news conference. The president said he had not committed to a third summit with Kim. Still, Trump described the talks as “productive,” and highlighted his relationship with his North Korean counterpart — “I think we’ll end up being very good friends.” “Bas
Trump-Kim summit was cut short after North Korea demanded an end to sanctions, Trump says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-28  Authors: everett rosenfeld, jorge silva, linh pham, getty images
Keywords: news, cnbc, companies, trump, sanctions, trumpkim, short, north, demanded, president, summit, end, options, korean, korea, walk, wanted, cut, kim


Trump-Kim summit was cut short after North Korea demanded an end to sanctions, Trump says

U.S. President Donald Trump said Thursday he cut short his nuclear summit with North Korean leader Kim Jong Un because the two sides could not agree on sanctions.

“It wasn’t a good thing to be signing anything,” Trump said during a post-summit news conference. “We had some options, and at this time we decided not to do any of the options, and we’ll see where that goes.”

“Sometimes you have to walk, and this was just one of those times,” he added.

The president said he had not committed to a third summit with Kim. Still, Trump described the talks as “productive,” and highlighted his relationship with his North Korean counterpart — “I think we’ll end up being very good friends.”

At the end of the day, though, Trump said he “would not have been happy about” any deal he saw on the table for Thursday’s talks.

“Basically, they wanted the sanctions lifted in their entirety and we couldn’t do that,” Trump said. “They were willing to de-nuke a large portion of the areas that we wanted, but we couldn’t give up all of the sanctions for that. So we continue to work and we’ll see, but we had to walk away from that particular suggestion. We had to walk away from that.”


Company: cnbc, Activity: cnbc, Date: 2019-02-28  Authors: everett rosenfeld, jorge silva, linh pham, getty images
Keywords: news, cnbc, companies, trump, sanctions, trumpkim, short, north, demanded, president, summit, end, options, korean, korea, walk, wanted, cut, kim


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South Korean stocks and won sell off after Trump-Kim summit is cut short without agreement

Shares in South Korea plummeted, while the Korean won also slipped, after the White House announced that the ongoing Vietnam summit between U.S. President Donald Trump and North Korean leader Kim Jong Un on Thursday had been cut short with no agreement reached. The Kospi in South Korea dropped 1.76 percent to close at 2,195.44 while the Kosdaq tumbled 2.78 percent to finish its trading day at 731.25. The Korean won slipped 0.42 percent to about 1,121.90 against the dollar after seeing an earlier


Shares in South Korea plummeted, while the Korean won also slipped, after the White House announced that the ongoing Vietnam summit between U.S. President Donald Trump and North Korean leader Kim Jong Un on Thursday had been cut short with no agreement reached. The Kospi in South Korea dropped 1.76 percent to close at 2,195.44 while the Kosdaq tumbled 2.78 percent to finish its trading day at 731.25. The Korean won slipped 0.42 percent to about 1,121.90 against the dollar after seeing an earlier
South Korean stocks and won sell off after Trump-Kim summit is cut short without agreement Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-28  Authors: eustance huang
Keywords: news, cnbc, companies, korea, sell, day, trading, trumpkim, short, index, stocks, summit, close, agreement, won, shares, korean, south, cut, slipped


South Korean stocks and won sell off after Trump-Kim summit is cut short without agreement

Shares in South Korea plummeted, while the Korean won also slipped, after the White House announced that the ongoing Vietnam summit between U.S. President Donald Trump and North Korean leader Kim Jong Un on Thursday had been cut short with no agreement reached.

The Kospi in South Korea dropped 1.76 percent to close at 2,195.44 while the Kosdaq tumbled 2.78 percent to finish its trading day at 731.25. Shares of industry heavyweight Samsung Electronics and chipmaker SK Hynix fell 3.53 percent and 5.02 percent, respectively. Shares of companies with potential exposure to North Korea were also hammered, with Hyundai Elevator diving 18.55 percent.

The Korean won slipped 0.42 percent to about 1,121.90 against the dollar after seeing an earlier high of 1,115.80, as of 3.05 p.m. HK/SIN.

Elsewhere in Asia, mainland Chinese stocks were mixed on the day, with the Shanghai composite declining 0.44 percent to close at 2,940.95, while the Shenzhen component advanced 0.290 percent to finish its trading day at 9,031.93. The Shenzhen composite rose 0.351 percent to close at 1,546.33.

Hong Kong’s Hang Seng index was down more than 0.4 percent in its final hour of trading.

China’s factory activity declined for the third consecutive month in February. The official Purchasing Manager’s Index slipped to 49.2 in February, data showed on Thursday — its weakest since February 2016. The 50-point index mark separates expansion from contraction on a monthly basis.

Japan’s Nikkei 225 and Topix both declined 0.79 percent to 21,385.16 and 1,607.66, respectively. Australia’s ASX 200 recovered from earlier losses to end its trading day higher by 0.3 percent at 6,169.00.


Company: cnbc, Activity: cnbc, Date: 2019-02-28  Authors: eustance huang
Keywords: news, cnbc, companies, korea, sell, day, trading, trumpkim, short, index, stocks, summit, close, agreement, won, shares, korean, south, cut, slipped


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Theresa May offers Parliament Brexit delay choice

Sterling’s rally lost some of its momentum on Tuesday after Prime Minister Theresa May offered lawmakers the chance to vote on delaying Brexit, a move investors said would fuel uncertainty in the weeks before Britain is scheduled to exit the EU. May has opened up the possibility of taking a no-deal Brexit — the worst case scenario for sterling — off the table and that has sent the pound surging in recent sessions. It hit a 21-month high against the euro before May spoke and surged to four-month


Sterling’s rally lost some of its momentum on Tuesday after Prime Minister Theresa May offered lawmakers the chance to vote on delaying Brexit, a move investors said would fuel uncertainty in the weeks before Britain is scheduled to exit the EU. May has opened up the possibility of taking a no-deal Brexit — the worst case scenario for sterling — off the table and that has sent the pound surging in recent sessions. It hit a 21-month high against the euro before May spoke and surged to four-month
Theresa May offers Parliament Brexit delay choice Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-26  Authors: reuters tv
Keywords: news, cnbc, companies, offers, delay, vote, theresa, nodeal, worst, short, rally, brexit, lawmakers, parliament, weighing, choice, pound


Theresa May offers Parliament Brexit delay choice

Sterling’s rally lost some of its momentum on Tuesday after Prime Minister Theresa May offered lawmakers the chance to vote on delaying Brexit, a move investors said would fuel uncertainty in the weeks before Britain is scheduled to exit the EU.

May has opened up the possibility of taking a no-deal Brexit — the worst case scenario for sterling — off the table and that has sent the pound surging in recent sessions. It hit a 21-month high against the euro before May spoke and surged to four-month peaks versus the dollar.

Speaking to parliament, May said lawmakers could vote on March 14 on a motion requesting a “short, limited extension” Brexit delay if they rejected her Brexit deal on March 12.

“The bit about the “short delay” is what is weighing on markets but then some of it is also profit-taking after the rally we have seen in the pound since the last few days,” said a trader at a European bank in London.

Sterling had soared past $1.32 earlier on Tuesday, hitting its highest level since October following media reports that May would rule out a no-deal Brexit.


Company: cnbc, Activity: cnbc, Date: 2019-02-26  Authors: reuters tv
Keywords: news, cnbc, companies, offers, delay, vote, theresa, nodeal, worst, short, rally, brexit, lawmakers, parliament, weighing, choice, pound


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Ex-Trump aide Marc Short will be Vice President Mike Pence’s chief of staff

Former White House director of legislative affairs Marc Short will return to the Trump administration as Vice President Mike Pence’s chief of staff. “Marc will be joining the Office of the Vice President in March and we look forward to welcoming him to our great @VP Team!” Short was a key point of contact between the White House and members of Congress. The appointment was greeted by protests from faculty and alumni who condemned the Trump administration. Short’s return to the administration com


Former White House director of legislative affairs Marc Short will return to the Trump administration as Vice President Mike Pence’s chief of staff. “Marc will be joining the Office of the Vice President in March and we look forward to welcoming him to our great @VP Team!” Short was a key point of contact between the White House and members of Congress. The appointment was greeted by protests from faculty and alumni who condemned the Trump administration. Short’s return to the administration com
Ex-Trump aide Marc Short will be Vice President Mike Pence’s chief of staff Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-19  Authors: brian schwartz, getty images
Keywords: news, cnbc, companies, staff, short, marc, administration, trump, pence, campaign, president, white, trumps, return, mike, york, pences, extrump, aide, vice, chief, house


Ex-Trump aide Marc Short will be Vice President Mike Pence's chief of staff

Former White House director of legislative affairs Marc Short will return to the Trump administration as Vice President Mike Pence’s chief of staff.

Pence confirmed the news in a tweet, following earlier reporting from CNBC and The New York Times.

“Marc will be joining the Office of the Vice President in March and we look forward to welcoming him to our great @VP Team!” Pence said in the tweet.

Short will replace longtime Pence advisor Nick Ayers, who left the administration at the end of 2018. Ayers had turned down an offer to become Trump’s chief of staff after the departure of retired Marine Gen. John Kelly.

Short did not immediately return a request for comment.

The New York Times reported that Short’s new position was announced at Pence’s staff meeting Tuesday morning.

Short was a key point of contact between the White House and members of Congress. He was closely involved with the passage of Trump’s signature tax reform plan and pushing through the confirmation of Supreme Court Justice Neil Gorsuch.

After he left the administration last summer, Short joined the University of Virginia on a one-year fellowship. The appointment was greeted by protests from faculty and alumni who condemned the Trump administration.

Short’s return to the administration comes as the Trump campaign and White House gear up for what will likely be a tough 2020 re-election campaign.

President Donald Trump’s campaign announced on Tuesday that it is beefing up the communications shop with the additions of former Republican National Committee press secretary Kayleigh McEnany and former Pence press secretary Marc Lotter.

CNBC first reported on the campaign looking to load up its communications team going into the next election.


Company: cnbc, Activity: cnbc, Date: 2019-02-19  Authors: brian schwartz, getty images
Keywords: news, cnbc, companies, staff, short, marc, administration, trump, pence, campaign, president, white, trumps, return, mike, york, pences, extrump, aide, vice, chief, house


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