Must Reads Corporate Europe Faces 'Unbearable' Uncertainty Over U.K. Exit: British Prime Minister Theresa May’s failure to get U.K. parliamentary approval for a deal to split the country from the European Union adds significant pressure on continental companies as they plan for the now greater possibility of an a brupt and disorderly exit. Once More Unto the Brexit Breach as May Rides Out No-Confidence Vote: British Prime Minister Theresa May survived a no-confidence vote in her government, freeing her to restart the grinding process of trying to find a compromise Brexit deal that Parliament can approve. Germany Explores Ways to Exclude Huawei From 5G Mobile Infrastructure: Germany is exploring ways to ban the use of Huawei Technologies products in the country’s telecommunications infrastructure, according to a government official, extending the Western backlash against the Chinese tech firm over security concerns. Europe Restricts Steel Imports to Counter U.S. Trade Policies: The European Union Wednesday set restrictions on steel imports to manage the fallout from disruptive U.S. trade policies, making temporary measures definitive with the unintended consequence of helping cement President Trump’s metals ta riffs. Greek Premier Narrowly Wins Confidence Vote: Greek Prime Minister Alexis Tsipras narrowly prevailed in a vote of confidence in parliament, setting up a showdown vote on a deal on the name of northern neighbor Macedonia, an issue that has roiled the country for the past year. Swedish Political Deadlock Broken as Allegiances Collapse: Establishment parties in Sweden closed ranks and agreed to form a government to block out an anti-immigrant party, possibly breaking a political deadlock that has dragged on since the far-right party surged in last autumn’s elections. France Asks Renault to Name Successor to Carlos Ghosn: The French state has asked Renault to call a board meeting in the coming days to name a successor to the car maker’s jailed chairman and chief executive, Carlos Ghosn, the country’s finance minister said Wednesday. What Betting Markets Say About Brexit’s Next Steps: Even as a Brexit deadline looms, financial markets seemed to yawn in the face of Theresa May’s historic loss in the U.K. Parliament. Betting markets on the other hand may better explain the much altered landscape when it comes to Brexit. |