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Rome Italian President Sergio Mattarella has thwarted Prime Minister Matteo Renzi’s plan to quickly resign by telling him to keep doing his job until Parliament sorts out the nation’s budget for next year.

Barnier stated that the two year time frame for the Article 50 negotiations would need to include time for the preparation of guidelines, and the ratification of the UK-EU divorce agreement (anticipated to take around six months).

Brexit-related tariffs would add at least 4.5 billion pounds ($5.6 billion) a year to the cost of auto imports and exports between Britain and the European Union, an industry body said, urging Britain to remain in the single market after it leaves the EU.

A majority of analysts and bankers are expecting RBI Governor Urjit Patel-led Monetary Policy Committee (MPC) to cut rates by 0.25 per cent on Wednesday, with some expecting a 0.50 per cent reduction.

Rohingya have fled Myanmar in droves for decades, with a new wave of migrations occurring since mid-2012 after communal violence broke out in Rakhine between ethnic Rakhine Buddhists and Rohingya – described by the United Nations as among the most persecuted minority groups...

The holiday shopping season commonly starts the day after Thanksgiving, or Black Friday with all the retailers offering attractive discounts.

If OPEC agreed a production cut to 32.50 million bpd, crude prices would likely rise to the low $50s a barrel, Goldman said.

Cyber Monday was also a record-breaking email event for IBM, as its customers sent almost 500 million email notifications from its platform to consumers around the world.

USA stocks rose to fresh records Friday, capping their best week since the presidential election.

The S&P 500 posted 111 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 451 new highs and 23 new lows.

Sarah Palin – an early Donald Trump supporter and possible administration hire – is questioning whether the president-elect’s Carrier jobs deal is a case of “crony capitalism”. When companies make good business decisions, sometimes the pain of laying...

OPEC is holding talks on December 10 in Vienna in an effort to secure as much as 600,000 barrels a day in production cuts from non-members, to complement the organization’s own 1.2 million-barrel reduction. US light crude was down 47 cents, or 0.9%, at $50.46 USA a barrel....

Britain’s Attorney General Jeremy Wright told the Supreme Court on Monday that the government’s plan to use executive powers to trigger European Union divorce proceedings was not a breach of parliamentary sovereignty.

But it was never going to be quite that easy.

Monte dei Paschi is trying to arrange a €5 billion ($5.4 billion) capital infusion, but political uncertainty triggered by the resignation of Italian Prime Minister Matteo Renzi has made securing the funds more tricky.