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Brexit deadlocked again: British parliament fails to find an alternative

LONDON (Reuters) - Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister Theresa May’s divorce deal. After a tumultuous week in which May’s divorce strategy was rejected by lawmakers for a third time, despite her offer to quit if it passed, the future direction of Brexit remains mired in confusion. In a bid to break the impasse, lawmakers on Monday voted on four last-minute alternative Brexit options for what is the United Kingdom’s most far-reaching policy change since World War Two. All were…

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Exclusive: Renault alerts prosecutors to Oman dealer payments under Ghosn

PARIS (Reuters) - Renault SA has alerted French prosecutors to payments made to a Renault-Nissan business partner in Oman under former Chief Executive Carlos Ghosn, three sources told Reuters. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File PhotoThis follows an internal investigation by the French carmaker after Ghosn’s November arrest in Japan for suspected financial misconduct at its alliance partner Nissan Motor Co Ltd . Renault has established it paid out millions of euros described as dealer incentives to Omani…

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U.S. House Judiciary Committee poised to subpoena full Mueller report

WASHINGTON (Reuters) - The Democratic-led U.S. House Judiciary Committee said it will vote on Wednesday on whether to authorize subpoenas to obtain Special Counsel Robert Mueller’s full report investigating Russian meddling in the 2016 presidential election. Lawmakers will also consider subpoenas for underlying evidence from Mueller’s investigation and from five former aides to President Donald Trump, including White House counsel Donald McGahn and political adviser Steve Bannon. The committee said on Monday that they may have documents related to the Mueller probe. Democrats have become increasingly frustrated over U.S. Attorney General William Barr’s plan to share only a redacted copy of the nearly 400-page investigative report with…

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Factbox: Brexit in numbers – How did the UK parliament vote on Monday?

LONDON (Reuters) - British lawmakers grabbed control of the Brexit process for a second day on Monday in order to try to find a majority for an alternative way forward that could break the parliamentary deadlock over Prime Minister Theresa May’s proposed deal. British Conservative MP Kenneth Clarke speaks after a round of voting on alternative Brexit options at the House of Commons in London, Britain April 1, 2019 in this still image taken from video. Reuters TV via REUTERSFollowing is the result of the so-called indicative votes. DEFEATED 276-273 C) Customs Union - Kenneth Clarke Calls on the government to ensure any Withdrawal Agreement and Political…

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U.S. halts F-35 equipment to Turkey, protests its plans to buy from Russia

WASHINGTON (Reuters) - The United States has halted delivery of equipment related to the stealthy F-35 fighter aircraft to Turkey, marking the first concrete U.S. step to block delivery of the jet to the NATO ally in light of Ankara’s planned purchase of a Russian missile defense system. U.S. officials told their Turkish counterparts they will not receive further shipments of F-35 related equipment needed to prepare for the arrival of the stealthy jet, two sources familiar with the situation told Reuters on Monday. The Pentagon confirmed the Reuters report that the equipment delivery had been stopped. “Pending an unequivocal Turkish decision to forgo delivery of the…

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UK lawmaker Boles quits Conservative Party over Brexit

British Conservative MP Nick Boles speaks at the House of Commons in London, Britain April 1, 2019. ©UK Parliament/Jessica Taylor/Handout via REUTERSLONDON (Reuters) - Conservative lawmaker Nick Boles said on Monday he was resigning from Prime Minister Theresa May’s governing party after his attempt to seek an alternative route forward to break the deadlock in parliament over Brexit was rejected. The proposal Boles put forward for a so-called Common Market 2.0, or enhanced Norway-style deal which would include membership of the EU’s single market as well as a customs arrangement with the EU, lost by 282 votes to 261. “I have given everything to an attempt to…

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Britain can avoid long Brexit delay by passing deal this week: minister

Britain's Secretary of State for Exiting the European Union Stephen Barclay speaks after a round of voting on alternative Brexit options at the House of Commons in London, Britain April 1, 2019 in this still image taken from video. Reuters TV via REUTERSLONDON (Reuters) - Britain can avoid a long delay to Brexit and leave the European Union in 11 days’ time if parliament passes a deal this week, Brexit minister Stephen Barclay said on Monday. Barclay hinted that the Prime Minister Theresa May’s deal could return to parliament for a fourth time this week after lawmakers did not give a majority to any alternatives in so-called…

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Lyft gives up debut gains in second day of trading

(Reuters) - Shares of ride-hailing company Lyft Inc crashed below their initial public offering price in just their second day of trading on Monday, matching the speed at which Facebook Inc gave up its IPO price after a rocky debut nearly seven years ago. Analysts blamed the 12 percent slump on lingering questions about how loss-making Lyft will become profitable and the big pop in its highly anticipated first day of trading. Lyft has been closely watched as a bellwether for larger rival Uber Technologies Inc, which sources say is planning to kick off its IPO in April. Lyft touched a session low of $67.78 on Monday…

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Wall Street rallies on upbeat China, U.S. manufacturing data

NEW YORK (Reuters) - U.S. stocks rallied on Monday, starting off the second quarter on a strong note, as upbeat manufacturing numbers from China and the United States eased worries about slowing global growth. The benchmark S&P 500 index, which is only 2.2 percent below its record closing high in September, triggered a “golden cross” pattern, in which its 50-day moving average crosses above its 200-day moving average. Many believe the technical signal could portend more gains for stocks in the short term. Gains in global equities were spurred by data showing that China’s manufacturing sector unexpectedly returned to growth in March for the first time in…

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Avenatti makes first appearance in California embezzlement, fraud case

SANTA ANA, Calif. (Reuters) - Attorney Michael Avenatti arrived at U.S. District Court in Santa Ana, California, on Monday for an initial appearance on fraud and embezzlement charges. He said nothing to reporters. Attorney Michael Avenatti arrives to appear at the U.S. District Court to face embezzlement and fraud charges in Santa Ana, California, U.S., April 1, 2019. REUTERS/Mike BlakeBest known for representing pornographic film star Stormy Daniels in her legal battles with U.S. President Donald Trump, Avenatti, 48, was expected to face a detention hearing on charges of misusing a client’s monetary court settlement. He is charged in a separate U.S. District Court indictment in New…

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