Britain said on Friday a Brexit deal with the European Union could be reached at a summit next month, but EU member Ireland said the sides were far from agreement and London had not yet made serious proposals.
Aon PLC (AON): * AON PLC SAYS INSURED LOSSES ARE EXPECTED TO EXCEED EUR287 MILLION FROM FLOODING IN SOUTHEASTERN AND CENTRAL SPAIN IN MID-SEPTEMBER Further company coverage:
* German Bund yield at 1-week low. * Germany to finance climate package without new debt - source. * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Dhara Ranasinghe and Yoruk Bahceli. Germany's government bond yields fell on Friday, with 10-year borrowing costs dipping to one-week lows following news that a climate package would be financed without new debt.
Greece's current account balance showed a slightly smaller surplus in July compared to the same month last year, as imports outpaced exports, the Bank of Greece said on Friday. Central bank data showed the surplus at 1.28 billion euros compared to a surplus of 1.31 billion euros in July 2018. Tourism revenues rose to 3.65 billion euros from 3.28 billion in the same month a year earlier.
* Britain says a deal is possible. * Ireland says not close to a deal. * Pound falls on FT report. By Guy Faulconbridge and Gabriela Baczynska. Britain said on Friday a Brexit deal with the European Union could be reached at a summit next month, but EU member Ireland said the sides were far from agreement and London had not yet made serious proposals.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. Longer-dated euro zone government bond yields edged lower on Friday as fresh tensions in the Middle East brought geopolitical risks back into focus and dragged share markets lower.
France and Germany are agreed on a joint strategy to respond to a global economic slowdown at a time of international trade tensions, French Finance Minister Bruno Le Maire said on Thursday. In a news conference alongside Germany's finance and economy ministers, Le Maire said the strategy was based on three pillars: "keep reducing public debt where it is necessary.
* ECB bank funding round disappoints. * Dampens speculation for potential carry trades. * Italian short-dated bonds lead sell-off. * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Dhara Ranasinghe.
Ireland said on Thursday that the United Kingdom had failed to supply credible Brexit proposals, adding that there had been no breakthrough at talks last night with the Northern Irish party which props up Prime Minister Boris Johnson's government.
Ireland said on Thursday that the United Kingdom had failed to supply credible Brexit proposals, adding that there had been no breakthrough at talks last night with the Northern Irish party which props up Prime Minister Boris Johnson's government.
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