Toyota, Nissan to seek reimbursement from UK if Brexit talks fail

Toyota, Nissan to seek reimbursement from UK if Brexit talks fail

TOKYO: apan’s two biggest automakers, Toyota and Nissan, will ask Britain to reimburse them for additional custom charges incurred if the UK government fails to reach a Brexit trade deal with the European Union, the Nikkei financial daily reported on Monday. The companies – Toyota Motor Corp and Nissan Motor Co Ltd – want payments … Read more

EU’s Michel Barnier says bloc stepping up no-deal Brexit preparations

EU’s Michel Barnier says bloc stepping up no-deal Brexit preparations

BRUSSELS: The European Union is stepping up preparations for a no-deal Brexit at the end of this year, the bloc’s chief negotiator said on Thursday after the latest round of UK trade talks in which he said London disappointed on many fronts. Speaking after an eighth full round of negotiations on a new partnership with … Read more

United Kingdom admits planned Brexit deal change ‘breaks international law’

United Kingdom admits planned Brexit deal change ‘breaks international law’

London: A British government minister admitted Tuesday that plans not to apply parts of the European Union divorce deal relating to Northern Ireland break international law, but only in “tightly defined circumstances”. Northern Ireland Secretary Brandon Lewis was speaking in parliament about legislation due to be published on Wednesday that will include attempts to “clarify” … Read more