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BREAKING: U.K. PM Johnson's Brexit deal clears first hurdle; key vote on timetable to come shortly.

Sterling at session high vs. dollar as votes continue.

cnb.cx/2W2l2Rl
BREAKING: Johnson loses vote to fast track Brexit deal through Parliament
cnbc.com/2019/10/22/uk-…
Pound turns lower after U.K. government loses bid to speed up Brexit deal passage cnb.cx/2W2l2Rl
S&P 500 turns lower after U.K. government loses bid to fast-track Brexit deal so it passes before the Oct. 31 deadline

cnb.cx/2W2l2Rl
JUST IN: European Commission says President Tusk is consulting EU leaders on extending Brexit to January 31, 2020 after UK govt. loses fast-track vote cnb.cx/2W2l2Rl
BREAKING: European Council President Tusk recommends EU leaders accept Brexit extension to January 31, 2020 to avoid a 'no deal' crash out cnb.cx/2W2l2Rl
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CNBC Now
@CNBCnow
BREAKING: Boeing says it now expects 737 Max to resume to "commercial service" in January rather than Q4, but says it is "possible that the resumption of MAX deliveries to airline customers could begin in December"

cnbc.com
Full story: Boeing pushes back 737 Max return to commercial service from Q4 to January but could resume deliveries to customers in December.

cnbc.com/id/106237724
Boeing shares extend gains, up 2%, after saying that 737 Max could return to commercial service in January. cnbc.com/id/106237724
Read 3 tweets
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CNBC Now
@CNBCnow
BREAKING: Xerox is considering a cash and stock takeover bid for HP Inc. at a premium to its current $27B market value; Xerox has already received an informal funding commitment from a “major bank” - Dow Jones
CNBC.com
Update: Xerox has made a cash & stock offer to buy HP Inc., sources tell CNBC. The company sees at least $2B in synergies and believes the combined company would remain investment grade. cnb.cx/2Cmwyh6
BREAKING: HP says it has "had conversations with Xerox Holdings from time to time about a potential business combination" and confirms it "received a proposal transmitted yesterday." cnb.cx/2Cmwyh6
Read 4 tweets
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CNBC Now
@CNBCnow
BREAKING: Under Armour is the subject of criminal and civil securities-fraud probes from the Justice Dept. and SEC over its accounting practices - Dow Jones

cnbc.com/2019/11/03/und…
NEW: Under Armour confirms to CNBC that it is “cooperating with the U.S. Securities and Exchange Commission and the U.S. Department of Justice investigations.” The company says it believes “its accounting practices and disclosures were appropriate.” cnb.cx/33eKi9A
Under Armour shares plunge 15% at the open after report of Justice Dept., SEC probes into the company's accounting cnb.cx/36C19FJ
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katya adler
@BBCkatyaadler
« Not in my wildest dreams would I imagine that a possibility » is how an influential European diplomat responded to Boris Johnson’s assertion that a trade deal with the EU can be completed by December next year /1
Surely the diplomat is being unfair, you say. Listen to Michel Barnier and incoming trade commissioner Phil Hogan. They say a deal can be done quickly. The U.K. currently shares EU rules and regulations. How difficult can it be to strip them away to a basic FTA, you say..BUT /2
If Johnson wins a majority in this election and takes U.K. out of EU in Jan, then Brussels is preparing to offer him a quick FTA but with the utmost levels of EU regulation bells and whistles attached (so-called level playing field provisions) /3
Read 21 tweets
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katya adler
@BBCkatyaadler
Deja vu in the realm of #Brexit Extensiondom.. France digging its heels in while Germany and most other EU countries support idea of granting the 3 month extension mooted in the PMs extension request letter /1
France was the ‚hardliner‘ when it came to the extension back in April too. But then Macron was contesting European parliamentary elections against his eurosceptic rival, Marine Le Pen. He was using the Brexit extension to make a political point back home in France /2
Now too Macron is keen to flex his Mr Europe muscles. He thinks by granting only the shortest of extensions, the EU will help focus MPs minds, encouraging them to ratify the newly negotiated #Brexit deal that the majority gave a nod to on Monday night /3
Read 15 tweets
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Jon Worth
@jonworth
So why all this fuss that Johnson might actually try to get a #Brexit Deal through?
First and foremost it’s an acknowledgement that the Commons won.

The Benn Bill keeps No Deal at bay for 3 months. And even Johnson must realise that defying the Commons and refusing to extend at the European Council is a bad look.
Second, the Benn Bill *together with* opposition parties refusing Johnson his 2/3 majority makes an early election a less pleasant prospect for the Tories.

They’d have to go into an election having broken the leave-by-31-Oct pledge.
Read 13 tweets
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Karol Cummins
@karolcummins
‼️Boris Johnson is Britain's Donald Trump

– Complete with Breitbart's Bannon and Russia Cover-Up

BORIS JOHNSON
MAIN MEGA THREAD

#Brexit #VoteLeave #BorisJohnson

H/T @paulhanley12
bylinetimes.com/2019/06/12/bor…
Boris Johnson is/was advised by Steve BANNON – Trump’s campaign manager & VP of the notorious, now-shuttered electioneering firm Cambridge Analytica, which he co-founded in 2014 w/ hedge fund billionaire Robert Mercer, who also backed the Breitbart sites.
bylinetimes.com/2019/06/12/bor…
📌Johnson and Bannon became friends when Johnson was still Foreign Secretary and Bannon was still in the White House in early 2017.

📌They have been in contact ever since and the fruits of this friendship have been evident for some time

bylinetimes.com/2019/06/12/bor…
Read 93 tweets
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katya adler
@BBCkatyaadler
1) How much of a threat is the Spain/Gibraltar question to the #Brexit summit on Sunday? This issue has the potential to be either a) huge or b) to disappear in to a puff of smoke
2) Spain feels hoodwinked. Gibraltar is of huge national interest (and hurt pride) for many Spaniards. Many at the very least saw an opportunity with #Brexit to gain considerable influence over the Rock
3) At the beginning of #Brexit negotiations Spain was promised that no decisions could be taken over the future of Gibraltar without consultation with Spain which is why throughout the negotiations process, there have been bilateral Spain-U.K. talks in parallel
Read 14 tweets
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katya adler
@BBCkatyaadler
1) Again and again I’m struck by the chasm in thinking between leading MP’s on #Brexit and the viewpoint of EU leaders - and remember, if you want a deal, it takes two to tango
2) There is ZERO appetite or intention in EU circles to renegotiate this withdrawal deal
3) The EU would love the U.K. to remain a member of the club but if we’re leaving - then this is the divorce deal
Read 14 tweets

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